Common use of Regulatory Change Event Clause in Contracts

Regulatory Change Event. A Regulatory Change Event is defined as a new court order or regulatory action (including, but not limited to, a regulatory action under the federal Endangered Species Act or the California Endangered Species Act) that requires YCWA to make a Significant Change in YCWA’s operations of the Yuba Project. A regulatory change in or regarding the Delta that is not specifically directed to YCWA, or that does not specifically require YCWA to make any Significant Change in YCWA’s operations of the Yuba Project, is not a Regulatory Change Event for the purposes of this Agreement.

Appears in 5 contracts

Samples: Fisheries Agreement, Fisheries Agreement, River Fisheries Agreement

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