Examples of new Law in a sentence
If any new Law or regulation increases a Lender’s costs or reduces its income for any Term Loan, Borrower shall pay the increase in cost or reduction in income or additional expense; provided, however, that Borrower shall not be liable for any amount attributable to any period before one hundred eighty (180) days prior to the date such Lender notifies Borrower of such increased costs.
If during the initial term or extension term the Laws are superseded, preempted, adopted, amended or repealed in a manner that is binding on the Parties and that requires the Parties to alter existing Agreements, the Parties shall negotiate an amendment to this Agreement to the extent necessary to comply with any new Law affecting existing agreements.
In addition, Owner and City shall have the right to challenge the new Law or the Decision preventing compliance with the terms of this Agreement.
Article 3 of said Law, as amended by the new Law, sets forth the investment requirements for this kind of companies, which are as follows: 1.
A new Law on weapons, aimed at aligning with the acquis, was adopted in March.