Legislative Amendment definition

Legislative Amendment any modification to the Covered Bonds of one or more Series, any related Coupons and Talons, and/or any Transaction Documents, required or necessary in connection with any change, after the relevant Issue Date, to any laws or regulation (including but not limited to the laws and regulations of the Netherlands and the European Union) applicable or relevant with respect to covered bonds (gedekte obligaties) to ensure that the Issuer, the CBC and/or Covered Bondholders enjoy the full benefits of such legislation, provided that in the sole opinion of the Security Trustee such modification is not materially prejudicial to the interests of any of the Covered Bondholders or any of the other Secured Creditors.
View Source
Legislative Amendment means any modification to the Covered Bonds of one or more Series, the related Coupons, and/or any Transaction Documents, required or necessary in connection with any change, after the relevant Issue Date, to any laws or regulation (including but not limited to the laws and regulations of the Netherlands and the European Union) applicable or relevant with respect to covered bonds (gedekte obligaties) to ensure that the Issuer, the CBC and/or Covered Bondholders enjoy the full benefits of such legislation, provided that in the sole opinion of the Security Trustee such modification is not materially prejudicial to the interest of any of the Covered Bondholders or any of the other Secured Parties;
View Source
Legislative Amendment means a change to the text of this title, to the comprehensive plan text, to the city plan map or to the city zoning map that is general in nature or large in size of area, and, therefore, affects a significant number of properties and owners. If there are questions as to whether a specific request for a land use review is quasi-judicial or legislative, the decision will be made by the city attorney. The decision will be based on current law and legal precedent.
View Source

Examples of Legislative Amendment in a sentence

  • Further, the parties agree that the Agreement shall be construed as if amended to comply therewith, unless the parties agree that such Legislative Amendment requires specific modification of this Agreement, in which case the parties shall cooperate in negotiating the required modification(s).

  • During the term of this Agreement, and notwithstanding any other provisions of this Agreement, the parties hereto agree that, if any federal, state or local government or agency passes, issues, promulgates, or modifies any law, court decision, rule, regulation, standard or interpretation ("Legislative Amendment") that affects the operations of the laboratory, the parties will abide by said Legislative Amendment.

  • Further, the parties agree that the Agreement will be construed as if amended to comply with such Legislative Amendment.

  • During the Term, and notwithstanding any other provisions of this Agreement, the parties agree that, if any federal, state or local government or agency passes, issues, promulgates, or modifies any law, court decision, rule, regulation, standard or interpretation ("Legislative Amendment") impacting upon this Agreement, the parties will abide by said Legislative Amendment.

  • If, within 60 days after passage of the Legislative Amendment, the parties are not able to agree that such a dispute shall be submitted immediately after the said 60 day period to arbitration pursuant to Subsection 11.10 of this Agreement or this Agreement may be terminated in accordance with its terms.

  • During the Term of, and notwithstanding any other provisions of, this Agreement, the parties hereto agree that, if any federal, state or local government or agency passes, issues, promulgates, or modifies any law, court decision, rule, regulation, standard or interpretation ("Legislative Amendment"), the parties will abide by said Legislative Amendment.

  • The Vice Chancellor’s Advisory Committee and University Council considered the draft Model Code, and complexities in Queensland given the Human Rights Act (Qld) 2019 coming into effect in January 2020; and, as universities in Queensland no longer have the power to make subordinate legislation such as statues or regulations since the passing of the Universities Legislative Amendment Act (Qld) 2017.


More Definitions of Legislative Amendment

Legislative Amendment means and includes any amendment, modification, or supplement to this MDA that must be approved by the Planning Commission or City Council as provided in Section 7.1.2.
View Source