Discriminatory Change in Law definition

Discriminatory Change in Law means a Change in Law the terms of which specifically (and not merely indirectly or consequentially or by virtue of the disproportionate effect of any Change in Law that is of general application) apply to:

Discriminatory Change in Law. “Eligibility Criteria”, “Foreseeable Change in Law”, “Generation Tax Liability”, “QCiL Capital Costs”, “QCiL Capital Savings”, “QCiL Construction Event”, “QCiL Construction Event Costs”, “QCiL Operations Cessation Event”, “Qualifying Shutdown Event”, “Required Authorisation” and “Specific Change in Law”;

Discriminatory Change in Law means any Change in Law during the Term which is principally directed at and the effect of which is principally borne by Developer or private toll road operators in the State, except where such change (a) is in response, in whole or in part, to any failure to perform or breach of the CDA Documents, violation of applicable Law or Governmental Approval, culpable act or culpable omission on the part of any Developer-Related Entity, (b) is a directive by the U.S. Department of Homeland Security or comparable State agency, unless such directive is directed solely at or solely affects the Project and requires specific changes in Developer’s normal design, construction, operation or maintenance procedures in order to comply, or (c) is otherwise expressly permitted under the CDA Documents.

Examples of Discriminatory Change in Law in a sentence

• Generally, a Discriminatory Change in Law will arise if the relevant Change in Law is not applicable across all modes of business.

• Developer will be responsible for increased costs resulting from any change in law, other than a Discriminatory Change in Law.

• The Purchaser and Service Provider shall negotiate in good faith and agree any resulting adjustments to the operational procedures or Contract such that the Service Provider is in no better and no worse a position as a direct result of the Specific Change in Law or a Discriminatory Change in Law.

• The Concessionaire shall keep fully informed of and comply and require its Contractors to comply with applicable Law, including any Change in Law and any Discriminatory Change in Law.

• Notwithstanding anything contained in this definition, a Discriminatory Change in Nauruan Law does not include a Change in Nauruan Law which is necessary for the State to fulfil its Sponsorship Obligations.’14 Clause 75 defines very broadly the notion of Discriminatory Change in Law, extending it ‘without limitation’ to ‘changes in Nauruan Laws resulting in materially adverse increase in NORI’s tax burden’.

More Definitions of Discriminatory Change in Law

Discriminatory Change in Law means a Change in Law, the terms of which will apply

Discriminatory Change in Law a Change in Law, the terms of which apply

Discriminatory Change in Law means a Change in Law, the terms of which apply expressly to: the Project and not to similar projects; the Concessionaire and not to other persons; and/or companies engaged in projects similar to the Project and not to other persons.

Discriminatory Change in Law means a Change in Law that is discriminatorily targeted at Project Co and/or the Project and which could reasonably be expected to have an adverse impact on Project Co, the Project, the Airport Operations, or the users of the Airport. Notwithstanding the foregoing, any such Change in Law shall not be a Discriminatory Change in Law:

Discriminatory Change in Law. This is a change in law which discriminates against the Developer/a Project.

Discriminatory Change in Law means a Change in Law that is the adoption of any State law [or law of the Commonwealth of Virginia]10 or any change in any State law [or law of the Commonwealth of Virginia] or in the interpretation or application of any State law [or law of the Commonwealth of Virginia] that:

Discriminatory Change in Law means any Change in Law the effect of which is to discriminate directly against or impose additional Taxes which apply specifically to: