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Obligations if Legal Challenge Sample Clauses

Obligations if Legal Challenge. (a) The Parties agree that in the event of a Legal Challenge: (i) the Parties or their nominated representatives will meet within 10 business days of the notice of the Legal Challenge to establish and agree as to the obligations under this deed; and (ii) the obligations of the Land Owners under this deed, including the obligations to provide the Contributions, are suspended until the earlier of: (A) the date the Legal Challenge is resolved, such that there is no effective Court declaration or order that the LEP Amendment, any Development Consent, Stage 2 Development Consent and/or this deed is invalid; (B) the date that the Parties agree to the extent of the obligations to performed under this deed, despite the ongoing nature of the Legal Challenge, and execute necessary documentation to effect any such agreement; or (C) in respect of a Legal Challenge in relation to the Development Consent or a Stage 2 Development Consent, the date that a fresh Development Consent or fresh Stage 2 Development Consent is granted following a Legal Challenge where there is an effective Court declaration or order that any Development Consent or Stage 2 Development Consent is invalid. (b) If following a Legal Challenge there is an effective Court declaration or order that the LEP Amendment, any Development Consent, Stage 2 Development Consent and/or this deed is invalid, such that the Development can no longer be completed as contemplated by the Development Consent, then the Parties agree that: (i) the obligations of the Land Owner under this deed, including the obligations to provide the Contributions, are suspended; (ii) subject to clause 17.1(b)(iii), to the extent that Contributions have been provided to the Council in accordance with this deed, the Land Owner agree that the Council cannot be required to return those Contributions or otherwise compensate the Land Owner in relation to the provision of those Contributions; and (iii) the an Airspace Lot has been transferred to the Council as part of the Airspace Lot Contribution prior to the 50 Bridge Owner being able to undertake Works on the 00 Xxxxxx Xxxxxx Xxxxxxxx in a manner which: (A) allows for a Floor Space Ratio in respect of the 00 Xxxxxx Xxxxxx Xxxxxxxx greater than if the LEP Amendment had not been made (but disregarding the operation of any amendments to the LEP or any New Law which come into effect after the date of this deed, other than in accordance with the LEP Amendment); and (B) utilises the Floor Space Ra...
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Related to Obligations if Legal Challenge

  • Other Legal Actions The actions stipulated in this Integrity Pact are without prejudice to any other legal action that may follow in accordance with the provisions of the extant law in force relating to any civil or criminal proceedings.

  • Right to Legal Fees If we have a legal dispute with you, the losing party will pay the costs of the winning party, including reasonable legal fees.

  • Court Action or Other Legal Processes (a) Notwithstanding any other law to the contrary, the liability of NYSERDA to make an interest payment to a Contractor pursuant to this Exhibit shall not extend beyond the date of a notice of intention to file a claim, the date of a notice of a claim, or the date commencing a legal action for the payment of such interest, whichever occurs first. (b) With respect to the court action or other legal processes referred to in subdivision (a) of this section, any interest obligation incurred by NYSERDA after the date specified therein pursuant to any provision of law other than Public Authorities Law Section 2880 shall be determined as prescribed by such separate provision of law, shall be paid as directed by the court, and shall be paid from any source of funds available for that purpose.

  • No Legal Prohibition No Governmental Authority of competent jurisdiction shall have (a) enacted, issued or promulgated any Law that is in effect as of immediately prior to the Effective Time and has the effect of making the Merger illegal or which has the effect of prohibiting or otherwise preventing the consummation of the Merger or (b) issued or granted any Order that is in effect as of immediately prior to the Effective Time and has the effect of making the Merger illegal or which has the effect of prohibiting or otherwise preventing the consummation of the Merger.

  • Cooperate in Legal Proceedings Borrower shall cooperate fully with Lender with respect to any proceedings before any court, board or other Governmental Authority which may in any way affect the rights of Lender hereunder or any rights obtained by Lender under any of the other Loan Documents and, in connection therewith, permit Lender, at its election, to participate in any such proceedings.

  • Advice of Legal Counsel Each party acknowledges and represents that, in executing this Agreement, it has had the opportunity to seek advice as to its legal rights from legal counsel and that the person signing on its behalf has read and understood all of the terms and provisions of this Agreement. This Agreement shall not be construed against any party by reason of the drafting or preparation thereof.

  • Independent Legal Counsel an attorney or firm of attorneys, selected in accordance with the provisions of Section 3, who shall not have otherwise performed services for the Company or Indemnitee within the last five years (other than with respect to matters concerning the rights of Indemnitee under this Agreement, or of other indemnitees under similar indemnity agreements).

  • Consultation with Legal Counsel Escrow Agent may consult with its counsel or other counsel satisfactory to it concerning any question relating to its duties or responsibilities hereunder or otherwise in connection herewith and shall not be liable for any action taken, suffered or omitted by it in good faith upon the advice of such counsel.

  • No Legal Action No action or proceeding shall be pending or threatened by any Person to enjoin, restrict or prohibit any of the Transactions or the right of the Purchaser to conduct the Purchaser Business after Closing on substantially the same basis as heretofore conducted.

  • No Legal Proceedings No suit, action or other legal or administrative proceedings before any court or other governmental agency shall be pending or threatened seeking to enjoin the consummation of the Transactions contemplated hereby.

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