Change in Law Notice Sample Clauses

Change in Law Notice. If either Party determines that a Change in Law has occurred or is reasonably likely to occur, then such Party may deliver Notice to the other Party of such Change in Law. Within sixty (60) Days following receipt of such Notice, the Parties shall meet and attempt in good faith to negotiate an amendment to this Agreement as is reasonably necessary to preserve the economic value of this Agreement to both Parties. If the Parties are unable to agree upon such amendments within such thirty (30) Day period, then either Party may terminate this Agreement in accordance with Section 12.5(c).
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Change in Law Notice. (a) If a Change in Law occurs during the Term, a party may give notice (notifying party) to the other party (notified party) of the Change in Law.
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Change in Law Notice. If a Change in Law occurs during the Term, a party may give notice (notifying party) to the other party (notified party) of the Change in Law. Any notice given by a notifying party under paragraph (a) must: be given by within 3 months of the commencement of the relevant Change in Law, otherwise this clause 17 does not apply; and include full details of impact of the Change in Law and any supporting information reasonably necessary to enable the notified party to verify its impact.
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Change in Law Notice. 3.1 Each Party shall issue a Change in Law Notice in accordance with the time periods specified in Section 7 (Changes), describing the proposed or actual Change in Law in reasonable detail, including the date on which the Change in Law will or has become effective. In addition, each Change in Law Notice shall also detail the anticipated impact of the Change in Law on the performance of the Services, including a detailed description of any changes to this Agreement and any Annual Fee adjustment, that the notifying Party reasonably considers necessary to implement the Change in Law.
Sample 1
Change in Law Notice. As soon as reasonably practicable after Sunwater becomes aware of a Change in Law (including a Change in Law relating to Native Title) that may result in a Change in Law Variation, Sunwater will promptly deliver to the Customer a notice regarding the Change in Law (Change in Law Notice).
Sample 1

Related to Change in Law Notice

  • Change in Law If any Change in Law shall:

  • Change in Legality (a) Notwithstanding any other provision of this Agreement, if any Change in Law shall make it unlawful for any Lender to make or maintain any Eurodollar Loan or to give effect to its obligations as contemplated hereby with respect to any Eurodollar Loan, then, by written notice to the Borrower and to the Administrative Agent:

  • Reserve Requirements; Change in Circumstances (a) Notwithstanding any other provision herein, if after the date of this Agreement any change in applicable law or regulation or in the interpretation or administration thereof by any Governmental Authority charged with the interpretation or administration thereof (whether or not having the force of law) shall change the basis of taxation of payments to any Lender of the principal of or interest on any Eurodollar Loan made by such Lender or any fees or other amounts payable hereunder (other than changes in respect of Taxes, Other Taxes and taxes imposed on, or measured by, the net income or overall gross receipts or franchise taxes of such Lender by the jurisdiction in which such Lender has its principal office or in which the applicable lending office for such Eurodollar Loan is located or by any political subdivision or taxing authority therein, or by any other jurisdiction or by any political subdivision or taxing authority therein other than a jurisdiction in which such Lender would not be subject to tax but for the execution and performance of this Agreement), or shall impose, modify or deem applicable any reserve, special deposit or similar requirement against assets of, deposits with or for the account of or credit extended by such Lender (except any such reserve requirement which is reflected in the Adjusted LIBOR Rate) or shall impose on such Lender or the London interbank market any other condition affecting this Agreement or the Eurodollar Loans made by such Lender, and the result of any of the foregoing shall be to increase the cost to such Lender of making or maintaining any Eurodollar Loan or to reduce the amount of any sum received or receivable by such Lender hereunder (whether of principal, interest or otherwise) by an amount deemed by such Lender to be material, then the Borrowers will pay to such Lender in accordance with paragraph (c) below such additional amount or amounts as will compensate such Lender for such additional costs incurred or reduction suffered.

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