Examples of Relevant Change in Law in a sentence
The Sponsors may use the negotiations process to negotiate any aspect of the Negotiations Proponents’ Proposals or the Project Agreement Documents, or both, including, for clarity, any amendments to the Project Agreement Documents that are reasonably required to accommodate the Negotiations Proponents’ financing arrangements or impacts of a Relevant Change in Law arising after the Initial Submission Deadline.
Either party may give notice to the other of the need for a Change which is necessary in order to enable Project Co to comply with any Change in Law which is not a Relevant Change in Law, in which event: the parties shall meet within [ ] Business Days to consult and seek to agree the effect of the Change in Law and any Change required as a consequence.
Relevant Changes in Law Subject to Clause 32.4.3(e) and Clause 32.4.3(f) and on the occurrence of any Relevant Change in Law, the parties shall be entitled to seek adjustments to the Annual Service Payments to compensate for any increase or decrease (as the case may be) in the net cost to Sub-hubco of performing the Project Operations.
As soon as practicable after receiving Sub-hubco Notice of Change, the parties shall meet and discuss the matters referred to in it, including in the case of a Relevant Change in Law those matters referred to in Clause 32.4 of this Agreement.
On the occurrence of a Relevant Change in Law: either party may give notice to the other of the occurrence of the Relevant Change in Law; the parties shall meet within [ ] Business Days of the notice referred to in Clause 32.4.1 to consult and seek to agree the effect of the Relevant Change in Law.