Common use of Payment of Excess Maximum Change in Law Cost Clause in Contracts

Payment of Excess Maximum Change in Law Cost. If, as a result of one or more Change(s) in Law, the Jurisdictions or the Company have the right to terminate this Agreement pursuant to Section 10.6(a) or 10.6(c), respectively,] then either Party (either the Company or the Jurisdictions) may elect, by written notice to the other Party, to absorb and pay for the amount by which such Unit Change in Law Cost(s) exceeds the Maximum Change in Law Cost for each Billing Month throughout the Term; provided, however, if, during any Billing Month, the aggregate Unit Change in Law Cost(s) equal or exceed the Maximum Change in Law Cost, then the Jurisdictions or the Company, respectively, shall be permitted to terminate this Agreement under Section 10.6(a) or 10.6(c), respectively.