Common use of AMENDMENTS FOLLOWING LEGISLATIVE AND REGULATORY CHANGES Clause in Contracts

AMENDMENTS FOLLOWING LEGISLATIVE AND REGULATORY CHANGES. In case of new legislative or regulatory provisions from any competent authority or a binding decision of the Energy Regulatory Commission under the Energy Code that may apply directly or indirectly to the Contract during the period of execution of the Contract, GRTgaz shall adjust the Contract to the new circumstances. GRTgaz shall notify the Shipper in writing of changes in form and/or substance to the Contract and publish them on its website. The new contractual terms and conditions shall become legally applicable and shall automatically replace the present terms and conditions, without compensation of any kind. Notably in case of a change in the tariff structure for use of the Network pursuant to the Energy Code, the Parties agree to enter into discussions to transpose into the new tariff structure the capacity subscribed under the Contract and directly affected by this change.

AMENDMENTS FOLLOWING LEGISLATIVE AND REGULATORY CHANGES. ‌ In case of new legislative or regulatory provisions from any competent authority or a binding decision of the Energy Regulatory Commission under the Energy Code that may apply directly or indirectly to the Contract during the period of execution of the Contract, GRTgaz shall adjust the Contract to the new circumstances. GRTgaz shall notify the Shipper in writing of changes in form and/or substance to the Contract and publish them on its website. The new contractual terms and conditions shall become legally applicable and shall automatically replace the present terms and conditions, without compensation of any kind. Notably in case of a change in the tariff structure for use of the Network pursuant to the Energy Code, the Parties agree to enter into discussions to transpose into the new tariff structure the capacity subscribed under the Contract and directly affected by this change.