Common use of Relevant Change in Law Clause in Contracts

Relevant Change in Law. (a) On the occurrence of a Relevant Change in Law, either Party shall be entitled to seek compensation for any increase or decrease (as the case may be) in the net cost to Project Co of performing the Work so as to put such Party in no better and no worse position than it would have been in had the Relevant Change in Law not occurred. Any such compensation shall be calculated in accordance with this Section 21.2.

Appears in 9 contracts

Samples: Project Agreement, Project Agreement, Project Agreement

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Relevant Change in Law. (a) On the occurrence of a Relevant Change in Law, either Party shall be entitled to seek compensation for any increase or decrease (as the case may be) in the net cost to Project Co of performing the Work activities within the Project Scope so as to put such Party in no better and no worse position than it would have been in had the Relevant Change in Law not occurred. Any such compensation shall be calculated in accordance with this Section 21.238.3.

Appears in 1 contract

Samples: Project Agreement

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