NOTICE OF CHANGE OF LAW Sample Clauses

NOTICE OF CHANGE OF LAW. If, in the opinion of a Subscriber:
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NOTICE OF CHANGE OF LAW. 18.1. If, in the Owner's opinion: (a) a law or a directive or request (whether or not having the force of law) of any government agency not in effect at the date of this Agreement, or (b) an amendment after the date of this Agreement to, or a change after the date of this document in the interpretation or application of, a law or a directive or request (whether or not having the force of law) of a government agency, makes or will make it illegal in any jurisdiction, or otherwise impractical, for the Owner to purchase the Goods and lease it to you, the Owner may give notice (a Change of Law Notice) to you that it considers that this has happened or that it will happen. If the Owner gives a Change of Law Notice specifying a date on which it considers it will become illegal or impracticable to lease the Goods to you, the lease of each item of Goods will terminate on the last rental payment date occurring before the date specified in the Change of Law Notice, in which case clause 10 applies.
NOTICE OF CHANGE OF LAW. After the effective date, if, due to the promulgation, implementation or change of any applicable laws, regulations or their interpretation, and/or in order to comply with the requirements of the central bank, the fiscal, financial supervisory or other administrative authorities having jurisdiction over it, it is or it would be unlawful or in violation of regulatory provisions for any lender (“lender affected by change of law”) to continue to perform the financing documents, participate in the disbursement of any loan funds, maintain or raise its loan amount or maintain its share of any loan balance, such lender affected by change of law shall, after becoming aware of such situations, promptly notify (“notice of change of law”) the agent bank, and explain in detail the reasons and basis for such illegality or violation of regulatory provisions. The agent bank shall promptly notify the borrower after receiving any notice of change of law.
NOTICE OF CHANGE OF LAW 

Related to NOTICE OF CHANGE OF LAW

  • Notice of Changes If a Party makes a change in its network which it believes will materially affect the interoperability of its network with the other Party, the Party making the change shall provide at least ninety (90) days advance written notice of such change to the other Party.

  • Valid Choice of Law The choice of laws of the State of New York as the governing law of this Agreement is a valid choice of law under the laws of such Selling Stockholder’s jurisdiction of organization (if other than the United States) and will be honored by the courts of such Selling Stockholder’s jurisdiction of organization (if other than the United States). The Selling Stockholder has the power to submit, and pursuant to Section 18(c) of this Agreement, has legally, validly, effectively and irrevocably submitted, to the personal jurisdiction of each New York State and United States federal court sitting in the City of New York and has validly and irrevocably waived any objection to the laying of venue of any suit, action or proceeding brought in such court.

  • Notice of Change in Control The Company will, within five Business Days after any Responsible Officer has knowledge of the occurrence of any Change in Control, give written notice of such Change in Control to each holder of Notes. Such notice shall contain and constitute an offer to prepay Notes as described in subparagraph (b) of this Section 8.8 and shall be accompanied by the certificate described in subparagraph (e) of this Section 8.8.

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