Successor Legislation Sample Clauses
The Successor Legislation clause ensures that references to specific laws, regulations, or statutes within a contract automatically include any future amendments, replacements, or re-enactments of those laws. In practice, this means that if a cited law is updated or replaced by new legislation, the contract will still refer to the most current version without needing formal amendment. This clause is essential for maintaining the contract’s relevance and enforceability over time, preventing disputes or confusion that could arise from outdated legal references.
POPULAR SAMPLE Copied 68 times
Successor Legislation. Any statute referred to herein or in the Security shall be deemed to include that statute as amended, restated and/or replaced from time to time, and any successor legislation to the same general intent and effect.
Successor Legislation. Any references herein to any enactment shall be deemed to be references to such enactment as the same may be amended or replaced from time to time and, in the event that the Corporation is continued, incorporated, amalgamated, arranged under or otherwise becomes governed by an enactment other than the Act, then all references herein to the Act shall be deemed to be references to such enactment as the same may be amended or replaced from time to time.
Successor Legislation includes territorial Legislation which replaces federal Legislation as a consequence of devolution of authority or responsibility from Canada to the Yukon.
Successor Legislation. Unless otherwise specifically indicated herein or therein, any statute referred to in this Agreement or in any other Loan Document shall be deemed to include that statute as amended, supplemented or replaced from time to time, and any successor legislation to the same general intent and effect.
Successor Legislation. 13 1.11 SCHEDULES ................................................................................................................................ 13
Successor Legislation. All references herein to any law, by-law, rule, regulation, order or act of any government, governmental body or other regulatory body or authority shall be construed as a reference thereto as amended or re-enacted from time to time or as a reference to any successor thereto.