Common use of Review of this Agreement Clause in Contracts

Review of this Agreement. 11.1 The Parties agree to review this Agreement every five years, and determine if either Party is of the opinion that any change of circumstance has occurred, or is imminent, that materially affects the operation of this Deed. 11.2 For the purposes of this clause, the relevant changes include (but are not limited to) any change to a law that restricts or prohibits or enables the Council or any other planning authority to restrict or prohibit any aspect of the Development. 11.3 For the purposes of addressing any matter arising from a review of this Agreement, the Parties are to use all reasonable endeavours to agree on and implement appropriate amendments to this Agreement. 11.4 If this Agreement becomes illegal, unenforceable or invalid as a result of any change to a law, the Parties agree to do all things necessary to ensure that an enforceable agreement of the same or similar effect to this Agreement is entered into. 11.5 A failure by a Party to agree to take action requested by the other Party as a consequence of a review referred to in clause 11.1 is not a dispute for the purposes of this Agreement and is not a breach of this Agreement.

Appears in 3 contracts

Samples: Planning Agreement, Planning Agreement, Planning Agreement

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Review of this Agreement. 11.1 33.1 The Parties agree to review this Agreement every five years, and determine if either Party party is of the opinion that any change of circumstance has occurred, or is imminent, that materially affects the operation of this DeedAgreement. 11.2 33.2 For the purposes of this clauseclause 33.1, the relevant changes include (but are not limited to) any change to a law that restricts or prohibits or enables the Council or any other planning authority to restrict or prohibit any aspect of the Development. 11.3 33.3 For the purposes of addressing any matter arising from a review of this AgreementAgreement referred to in clause 33.1, the Parties are to use all reasonable endeavours to agree on and implement appropriate amendments to this Agreement. 11.4 33.4 If this Agreement becomes illegal, unenforceable or invalid as a result of any change to a law, the Parties agree to do all things necessary to ensure that an enforceable agreement of the same or similar effect to this Agreement is entered into. 11.5 33.5 A failure by a Party to agree to take action requested by the other Party as a consequence of a review referred to in clause 11.1 33.1 is not a dispute for the purposes of this Agreement clauses 29 and 30 and is not a breach of this Agreement.

Appears in 1 contract

Samples: Planning Agreement

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