Brexit. The Contractor shall bear all costs for the fulfillment of its obligations under this Contract arising from the withdrawal of the United Kingdom from the European Union. This includes in particular those costs that arise to ensure compliance with the law then in force. If these costs, taking into account the provisions of this Contract and E.ON’s interest in ensuring compliance with contractual obligations by the Contractor, result in an undue economic disadvantage for the Contractor, and provided that the Contractor provides appropriate proof these costs to E.ON, the parties will endeavor in joint negotiations to come to an amicable agreement on the apportionment of costs. Should the parties not be able to reach an agreement, they have the right to terminate the contract by giving 3 months’ notice in accordance with the applicable contractual provisions. Clause 19 remains unaffected.
Brexit. The Company shall notify the Customer should it suffer any adverse impact on this Agreement occurring at any time following UK’s decision to cease to be a Member State of the European Union as a result of a Brexit Event. A Brexit Event shall include but not be limited to:
Brexit. 2.19.1 It shall be the responsibility of the Economic Operator to fulfil the obligations under an sRFT Contract and, where applicable, any Task Order notwithstanding any changes in circulars, law, regulations, taxation or duties or other restrictions which might arise following the withdrawal of the United Kingdom from membership of the European Union.
Brexit. After taking all reasonable steps to mitigate, the Company shall give the Customer reasonable notice should it suffer during the course of this agreement any adverse impact on this agreement, including increases in costs and expenses, as a result of an Event i) related to the UK leaving the European Union, ii) related to an epidemic or pandemic, or iii) beyond the Company’s reasonable control. An “Event” shall include, but not be limited to:
Brexit. The UK’s Referendum on EU membership is generating anxiety within the sector and could have an impact on some investment decisions. Global real estate company CBRE has monitored colocation supply statistics since 1999 and Xxxxxx Xxx, Executive Director, commented that the UK’s EU referendum is causing anxiety within the sector “The probability of a Brexit is unknown but even a low likelihood presents the kind of business risk to operators and investors that they cannot ignore. We are engaged in data centre transactions on a daily basis and the uncertain situation is attracting comment. Some observers believe that it has the potential to generate planning blight in certain parts of the market; data centres are long term investments and there is concern that this uncertainty will generate a temporary paralysis just when an unprecedented number of strategic investment decisions are being made by major industry players. At the same time the presence of many other attractive locations in Europe could ultimately affect the UK’s strategic advantage in this market”.
Brexit. 14.1 The Contractor warrants that its ability to perform fully its obligations under this Framework Agreement will not be affected by Brexit.
Brexit. In the event that the effect of Brexit reduces the Xxxx IP, Supplier shall use its reasonable endeavors to mitigate the impact (for example, by seeking UK applications and registrations for rights only registered at an EU level). In the event that, as an effect of Brexit, the UK does not adopt an international exhaustion doctrine, the Parties will consider what other licenses are required for Customer to exercise its rights under this Agreement in the UK.
Brexit. 8.1 In the event that Brexit takes effect during the term of this Agreement, the Supplier agrees that it will discuss in good faith and agree to any amendments to this Agreement that are reasonably requested by the Customer as a result of Brexit. The Customer reserves the right to terminate the Agreement in the event that negotiation is unsuccessful. Signed for and on behalf of [Getlink entity] Name: Position: Date: Signature: Signed for and on behalf of [Insert Name] Name: Position: Date: Signature: Annex 1 Security Measures
Brexit. 30.1 If a Brexit Trigger Event occurs which is or is likely to have an Adverse Impact on a Party, the impacted Party may:
Brexit. If the United Kingdom, or any other Major Market which is currently a member state of the EU, withdraws from the EU and such withdrawal is likely to have a material adverse effect on the activities contemplated under this Agreement or the rights or obligations of either Party hereunder, the Parties shall negotiate in good faith an adjustment or amendment to the terms hereof if necessary to preserve each Party’s rights hereunder as such rights were reasonably contemplated by the Parties as of the Effective Date. For clarity, a withdrawal from the EU by the United Kingdom, or any other Major Market which is currently a member state thereof, shall not constitute a Force Majeure.
