Change of Laws. If we believe a change in Laws requires that we make a change to this Contract, we will notify you and the changes will apply thirty (30) days after the notice is sent. The Energy Charge and expiry date will not change unless you agree. If a change in Laws prevents, prohibits or frustrates us from supplying Energy or services under this Contract or creates additional costs for us that are not included in Other Charges, then we may end this Contract. If so, we will notify you and thirty (30) days after the notice is sent, this Contract will end without liability to either of us.
Change of Laws. If Bank shall determine at any time after the date hereof that the adoption of any law, rule or regulation regarding capital adequacy, or any change therein or in the interpretation or administration thereof by any governmental authority, central bank or comparable agency charged with the interpretation or administration thereof or compliance by Bank with any request or directive regarding capital adequacy (whether or not having the force of law) from any such authority, central bank or comparable agency, has or would have the effect of reducing the rate of return on Bank's capital as a consequence of its obligations hereunder to a level below that which Bank could have achieved but for such adoption, change or compliance (taking into consideration Bank's policies with respect to capital adequacy) by an amount deemed by Bank to be material, then Borrower shall pay to Bank upon demand such amount or amounts, in addition to the amounts payable under any other provision of this Agreement or the Other Agreements, as will compensate Bank for such reduction. Determinations by Bank for purposes of this Section of the additional amount or amounts required to compensate Bank with respect to the foregoing shall be conclusive in the absence of manifest error. In determining such amount or amounts, Bank may use any reasonable averaging or attribution methods. Notwithstanding the foregoing, no amounts shall be payable by Borrower to Bank under the terms of this Section 2.7 if Liabilities are paid in full on or before ten (10) days after the date on which Bank shall have notified Borrower that amounts will be due under this Section 2.7. In the event of a prepayment pursuant to this Section 2.7, any LIBOR Breakage Fee otherwise payable pursuant to the terms of this Article 2 shall be waived by Bank and shall not be due or payable.
Change of Laws. If we believe a change in Laws requires that we make a change to this contract, we will notify you and the changes will apply 30 days after the notice is sent. The Price and expiry date will not change unless you agree. If a change in Laws stops us from supplying natural gas under this contract or creates additional costs for us that are not included in the Price, then we may end this contract. If so, we will notify you and 30 days after the notice is sent, this contract will end without liability to either of us.
Change of Laws. 10.8.1 If, at any time after the Signature Date, any Change of Law occurs, the Parties shall as soon as possible but not later than the commencement date of the Change of Law, change, amend, or alter any terms or conditions of this TOBA in order to comply with such legislation, rulings or regulations.
Change of Laws. Except as otherwise provided in this section, if any Applicable Law is enacted, amended, granted, revoked, issued or designated (each a “Change of Law Event”) such that the Project Offset Units to be delivered by Vendor hereunder are or become ineligible for use in causing the Province or any other Public Sector Organization (as such term is used in GGRTA) to be Carbon Neutral (as such term is used in GGRTA), the Parties agree to negotiate in good faith to amend this Agreement in order to maintain the original intent of the Parties and to avoid materially and adversely affecting the benefit that each Party would receive under this Agreement but for the Change of Law Event. If the Parties are unable to agree upon such amendments within thirty (30) days of initiating good faith negotiations, the Province may terminate this Agreement on written notice to Vendor. If there is a change in the Global Warming Potentials (“GWPs”) used to calculate the “carbon dioxide equivalent” of one or more GHGs under GGIRCA, the Vendor shall, and shall cause its Verification Provider to, in calculating Project Reductions, use the GWP in effect at the time that the applicable Project Report is submitted to the Director pursuant to section 23 of the GGECR.
Change of Laws. In the event of any legislative or regulatory change to applicable Laws that implement greater limitations on Right-of-Way access fees, permit fees, and/or permitting timelines, those limits set forth in this Agreement shall be automatically adjusted on the effective date of the applicable Laws and shall apply to all applicable Utility Facilities.
Change of Laws. If Agent or any Lender shall determine at any time after the date hereof that the adoption of any law, rule or regulation regarding capital adequacy, or any change therein or in the interpretation or administration thereof by any governmental authority, central bank or comparable agency charged with the interpretation or administration thereof or compliance by Agent or any Lender with any request or directive regarding capital adequacy (whether or not having the force of law) from any such authority, central bank or comparable agency, has or would have the effect of reducing the rate of return on Agent's or any Lender's capital as a consequence of its obligations hereunder to a level below that which Agent or the applicable Lender could have achieved but for such adoption, change or compliance (taking into consideration Agent's or such Lender's policies with respect to capital adequacy) by an amount deemed by Agent or such Lender to be material, Agent or such Lender, as applicable, shall give notice thereof to Borrower of such determination (and any Lender giving such notice shall notify Agent), in which event Borrower shall pay to Agent for the benefit of the applicable Lender upon demand such amount or amounts, in addition to the amounts payable under any other provision of this Agreement or the Other Agreements, as will compensate Agent or such Lender, as applicable, for such reduction. Determinations by Agent or such Lender for purposes of this Section of the additional amount or amounts required to compensate Agent or such Lender with respect to the foregoing shall be conclusive in the absence of manifest error. In determining such amount or amounts, Agent or such Lender may use any reasonable averaging or attribution methods. Notwithstanding the foregoing, no amounts shall be payable by Borrower to Agent or such Lender under the terms of this Section 2.8 if the Secured Obligations are paid in full on or before ten (10) days after the date on which Agent or such Lender, as applicable, shall have notified Borrower that amounts will be due under this Section 2.8. In the event of a prepayment pursuant to this Section 2.8, any LIBOR Breakage Fee otherwise payable pursuant to the terms of this Article 2 shall be waived by Agent and Lenders and shall not be due or payable.
Change of Laws. From the date of this Agreement, there shall have occurred no change in any Law that could reasonably be expected to have, individually or in the aggregate with all such changes, a Material Adverse Effect on the Company.
Change of Laws. If any changes in the Laws governing this Agreement render the performance of this Agreement impossible, neither Parties shall have any claim against the other Party, and the Parties should renegotiate a new cooperation scheme based on the principle of equality.
Change of Laws. IF AGENT OR ANY LENDER SHALL DETERMINE AT ANY TIME AFTER THE DATE HEREOF THAT THE ADOPTION OF ANY LAW, RULE OR REGULATION REGARDING CAPITAL ADEQUACY, OR ANY CHANGE THEREIN OR IN THE INTERPRETATION OR ADMINISTRATION THEREOF BY ANY GOVERNMENTAL AUTHORITY, CENTRAL BANK OR COMPARABLE AGENCY CHARGED WITH THE INTERPRETATION OR ADMINISTRATION THEREOF OR COMPLIANCE BY AGENT OR ANY LENDER WITH ANY REQUEST OR DIRECTIVE REGARDING CAPITAL ADEQUACY (WHETHER OR NOT HAVING THE FORCE OF LAW) FROM ANY SUCH AUTHORITY, CENTRAL BANK OR COMPARABLE AGENCY, HAS OR WOULD HAVE THE EFFECT OF REDUCING THE RATE OF RETURN ON AGENT'S OR ANY LENDER'S CAPITAL AS A CONSEQUENCE OF ITS OBLIGATIONS HEREUNDER TO A LEVEL BELOW THAT WHICH AGENT OR THE APPLICABLE LENDER COULD HAVE ACHIEVED BUT FOR SUCH ADOPTION, CHANGE OR COMPLIANCE (TAKING INTO CONSIDERATION AGENT'S OR SUCH LENDER'S POLICIES WITH RESPECT TO CAPITAL ADEQUACY) BY AN AMOUNT DEEMED BY AGENT OR SUCH LENDER TO BE MATERIAL, AGENT OR SUCH LENDER, AS APPLICABLE, SHALL GIVE NOTICE THEREOF TO BORROWER OF SUCH DETERMINATION (AND ANY LENDER GIVING SUCH NOTICE SHALL NOTIFY AGENT), IN WHICH EVENT BORROWER SHALL PAY TO AGENT FOR THE BENEFIT OF THE APPLICABLE LENDER UPON DEMAND SUCH AMOUNT OR AMOUNTS, IN ADDITION TO THE AMOUNTS PAYABLE UNDER ANY OTHER PROVISION OF THIS AGREEMENT OR THE OTHER AGREEMENTS, AS WILL COMPENSATE AGENT OR SUCH LENDER, AS APPLICABLE, FOR SUCH REDUCTION. DETERMINATIONS BY AGENT OR SUCH LENDER FOR PURPOSES OF THIS SECTION OF THE ADDITIONAL AMOUNT OR AMOUNTS REQUIRED TO COMPENSATE AGENT OR SUCH LENDER WITH RESPECT TO THE FOREGOING SHALL BE CONCLUSIVE IN THE ABSENCE OF MANIFEST ERROR. IN DETERMINING SUCH AMOUNT OR AMOUNTS, AGENT OR SUCH LENDER MAY USE ANY REASONABLE AVERAGING OR ATTRIBUTION METHODS. NOTWITHSTANDING THE FOREGOING, NO AMOUNTS SHALL BE PAYABLE BY BORROWER TO AGENT OR SUCH LENDER UNDER THE TERMS OF THIS SECTION 2.8 IF THE SECURED OBLIGATIONS ARE PAID IN FULL ON OR BEFORE TEN (10) DAYS AFTER THE DATE ON WHICH AGENT OR SUCH LENDER, AS APPLICABLE, SHALL HAVE NOTIFIED BORROWER THAT AMOUNTS WILL BE DUE UNDER THIS SECTION 2.8.
