No Change in Law. No Law, Order or Tax that was not in force as of the date of the execution of this Agreement shall have been adopted or imposed (or shall be reasonably imminent in being adopted or imposed), and no increase in rates of taxation shall have occurred (or shall be reasonably imminent in occurring) after the date of execution of this Agreement, that, in any such event, would reasonably be expected to result in a Material Change.
Appears in 2 contracts
Samples: Purchase and Sale Agreement (Penn Octane Corp), Purchase and Sale Agreement (Rio Vista Energy Partners Lp)
No Change in Law. No Law, Order or Tax that was not in force as of the date of the execution of this Agreement shall have been adopted or imposed (or shall be reasonably imminent in being adopted or imposed), and no increase in rates of taxation shall have occurred (or shall be reasonably imminent in occurring) after the date of execution of this Agreement, that, in any such event, would reasonably be expected to result in a any Material Change.
Appears in 2 contracts
Samples: Purchase and Sale Agreement (Rio Vista Energy Partners Lp), Purchase and Sale Agreement (Penn Octane Corp)
No Change in Law. No Law, Order or Tax that was not in force as of the date of the execution of the Prior Agreement or this Agreement shall have been adopted or imposed (or shall be reasonably imminent in being adopted or imposed), and no increase in rates of taxation shall have occurred (or shall be reasonably imminent in occurring) after the date of execution of the Prior Agreement or this Agreement, that, in any such event, would reasonably be expected to result in a Material ChangeAdverse Effect.
Appears in 2 contracts
Samples: Purchase and Sale Agreement (Rio Vista Energy Partners Lp), Purchase and Sale Agreement (Penn Octane Corp)
No Change in Law. No Law, Order or Tax that was not in force as of the date of the execution of this Agreement shall have been adopted or imposed (or shall be reasonably imminent in being adopted or imposed), and no increase in rates of taxation shall have occurred (or shall be reasonably imminent in occurring) after the date of execution of this Agreement, that, in any such event, would reasonably be expected to result in a any Material ChangeAdverse Effect.
Appears in 2 contracts
Samples: Purchase and Sale Agreement (Penn Octane Corp), Purchase and Sale Agreement (Rio Vista Energy Partners Lp)
No Change in Law. No Law, Order or Tax that was not in force as of the date of the execution of the Prior Agreement or this Agreement shall have been adopted or imposed (or shall be reasonably imminent in being adopted or imposed), and no increase in rates of taxation shall have occurred (or shall be reasonably imminent in occurring) after the date of execution of the Prior Agreement or this Agreement, that, in any such event, would reasonably be expected to result in a any Material ChangeAdverse Effect.
Appears in 2 contracts
Samples: Purchase and Sale Agreement (Penn Octane Corp), Purchase and Sale Agreement (Rio Vista Energy Partners Lp)
No Change in Law. No Law, Order or Tax that was not in force as of the date of the execution of this Agreement shall have been adopted or imposed (or shall have be reasonably imminent in being adopted or imposed), and no increase in rates of taxation shall have occurred (or shall be reasonably imminent in occurring) after the date of execution of this Agreement, that, in any such event, would reasonably be br expected to result in a Material ChangeAdverse Effect.
Appears in 1 contract
Samples: Purchase and Sale Agreement (Rio Vista Energy Partners Lp)
No Change in Law. No Law, Order or Tax that was not in force as of the date of the execution of the Prior Agreement and this Agreement shall have been adopted or imposed (or shall be reasonably imminent in being adopted or imposed), and no increase in rates of taxation shall have occurred (or shall be reasonably imminent in occurring) after the date of execution of the Prior Agreement and this Agreement, that, in any such event, would reasonably be expected to result in a any Material ChangeAdverse Effect.
Appears in 1 contract
