Common use of Article 18 Clause in Contracts

Article 18. Parties agree that if for the duration of this Agreement a change in relevant regulations should occur whereby they will cease to be harmonized with the regulations regulating imbalance responsibility, filing of complaints or other issues relating to balancing the electrictiy system, parties shall either sign an annex to this Agreement or terminate this Agreement and sign a new one which shall regulate their mutual relations relating to the balancing of the electricity system in accordance with the content of the changed relevant regulations, whichever HOPS may choose.

Article 18. Parties agree that if for the duration of this Agreement a change in relevant regulations should occur whereby they will cease to be harmonized with the regulations regulating imbalance responsibility, filing of complaints or other issues relating to balancing the electrictiy electricity system, parties shall either sign an annex to this Agreement or terminate this Agreement and sign a new one which shall regulate their mutual relations relating to the balancing of the electricity system in accordance with the content of the changed relevant regulations, whichever HOPS may choose.