Relevant Change in Law definition

Relevant Change in Law means a Change in Law (other than a Discriminatory Change in Tax Law):
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Relevant Change in Law has the meaning given in Clause 32.3 (Changes in Law);
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Relevant Change in Law means any Change in Law the purpose and effect of which is to discriminate against:
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Examples of Relevant Change in Law in a sentence

  • 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.

  • A Change in Law pursuant to which the Province or another Governmental Authority which is subordinate to the Province levies tolls specifically on members of the general public for the use of some or all of the Concession Highway or a Connecting Road that is under the jurisdiction of the Province or such other Governmental Authority, as the case may be, by a vehicle travelling thereon will be deemed to constitute a Relevant Change in Law for purposes of this Agreement.

  • As soon as practicable after receiving Project Co 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.

  • Seller shall, if requested by CEB, provide information about the steps to be taken to minimise the effects of the Relevant Change in Law, including options available to Seller and its evaluation of those options.

  • 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.


More Definitions of Relevant Change in Law

Relevant Change in Law means a change in the applicability of any taxes in connection with the Lands or the NG-KIH System relative to that which is described in Section 3.5 of Schedule 7 [Lands] to the Project Agreement or a Change in Law:
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Relevant Change in Law means a Discriminatory Change in Law or a Rail Transit Specific Change in Law.
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Relevant Change in Law means any Change in Law which specifically applies to:
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Relevant Change in Law means a Change in Law (other than a Discriminatory Change in Tax Law) arising after the Financial Submission Date:
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Relevant Change in Law means a Discriminatory Change in Law or a Highway Specific Change in Law, provided such Change in Law was not reasonably foreseeable at the Financial Submission Date by an experienced contractor carrying out activities and/or performing design and/or other operations similar to those to be carried out and/or performed by any Project Co Party in relation to the Project.
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Relevant Change in Law means a Discriminatory Change in Law or a System Specific Change in Law or a Highway Specific Change in Law.
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Relevant Change in Law means any change in law which applies only in the jurisdiction in which the Issuer or any Guarantor (as applicable) is incorporated, tax resident or from which it makes a payment through a permanent establishment, as a result of which the exemption pursuant to section 64(2) of the Irish Taxes Consolidation Act 1997 in respect of withholdings or deductions for or on account of income tax or corporation tax in the Republic of Ireland under section 246A(2) of the Taxes Consolidation Act 1997 (or any substantially equivalent law then in effect) ceases to apply to the Issuer or the Guarantor as the case may be. Any reference in these Conditions to principal, interest and/or premium shall be deemed to include any additional amounts which may be payable under this Condition.
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