CHANGES IN REGULATION Sample Clauses

CHANGES IN REGULATION. In the event that any regulatory authority issues any final decision, ruling or order that materially and adversely affects SCE’s ability to perform in accordance with the terms, covenants and conditions of this Agreement during the term, SCE may terminate this Agreement or any affected Route or Routes upon sixty (60) days written notice to CUSTOMER without incurring any liability unless the decision, ruling or order makes it necessary for SCE to provide a shorter notice period.
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CHANGES IN REGULATION. 20.1 Clauses 20.2 to 20.3 apply if a new Regulation is introduced or there is a change to an existing Regulation or to its interpretation or application after the date of this Agreement and, in any such case, its effect is, in relation to a Facility or the Finance Documents:
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CHANGES IN REGULATION. 1) User and YESIM understand and agree that regulators of the Participating Member Operator's networks, or other bodies of competent legal jurisdiction, may impose regulations on telecommunication services. If new regulations are imposed upon YESIM, then the User hereby acknowledges that YESIM is authorized to make changes to these Terms that reflect the new regulations and will post such changes via YESIM Application.
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CHANGES IN REGULATION. The Borrower shall keep Lender informed on a timely basis as to (and shall respond on a timely basis to all requests by Lender for information with respect to) all actual changes in regulation of the Borrower or the Telecommunications Businesses of which it is aware, and which could reasonably be expected to result in a Material Adverse Effect by any Federal, state or local authority, whether such changes are effected because of the expansion of the properties, operations or Telecommunications Business of the Borrower or any of its Subsidiaries or by effect of statutes, regulations, official interpretations thereof, judicial decisions, orders or by consensual action between the Borrower or any Subsidiary and any regulatory authority. In the event that Lender determines in its reasonable good faith discretion that any of such actual changes have or are reasonably likely to have a material adverse effect on Lender or any Affiliate of Lender under the Loan Documents (including, without limitation, the security interests provided to Lender under the Loan Documents), the Borrower and Lender shall cooperate in good faith to restructure, each at its own cost and expense (unless an Event of Default has occurred and is continuing, in which event such restructuring shall be at the sole cost and expense of the Borrower) the terms and provisions set forth in the Loan Documents and the structure of the financing provided under the Loan Documents so as to minimize or avoid the adverse effects to Lender or any Affiliate of Lender of such actual changes.
Sample 1
CHANGES IN REGULATION. Each Loan Party shall keep Lender informed on a timely basis as to (and shall respond on a timely basis to all requests by Lender for information with respect to) all actual changes in regulation of the Loan Parties or the Businesses of which it is aware, and which could result in a Material Adverse Effect on any Loan Party by
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CHANGES IN REGULATION. The Borrower shall keep Lender informed on a timely basis as to (and shall respond on a timely basis to all requests by Lender for information with respect to) all prospective, proposed, or actual changes in regulation of the Borrower or the Business or any of the properties, operations or business of the Borrower by any Federal, state or local authority, whether such changes are effected because of the expansion of the properties, operations or business of the Borrower or by effect of statutes, regulations, official interpretations thereof, judicial decisions, orders or by consensual action between the Borrower and any regulatory authority. In the event that Lender determines in its sole good faith discretion that any of such proposed, prospective or actual changes have or are reasonably likely to have a material adverse effect on AT&T or Lender or any of their respective affiliates under the Loan Documents (including, without limitation, the security interests provided
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Related to CHANGES IN REGULATION

  • Changes in Tax Laws In the event that, subsequent to the Closing Date, (i) any changes in any existing law, regulation, treaty or directive or in the interpretation or application thereof, (ii) any new law, regulation, treaty or directive enacted or any interpretation or application thereof, or (iii) compliance by Lender with any request or directive (whether or not having the force of law) from any governmental authority, agency or instrumentality:

  • Changes in Writing Other than in connection with the addition of additional Subsidiaries, which become parties hereto by executing a supplement hereto in the form attached as Annex I, neither this Guaranty nor any provision hereof may be changed, waived, discharged or terminated orally, but only in writing signed by each of the Guarantors and the Administrative Agent.

  • Changes in Capital Adequacy Regulations If a Lender or an Issuer determines the amount of capital required or expected to be maintained by such Lender or such Issuer, any Lending Installation of such Lender or any corporation controlling such Lender or such Issuer is increased as a result of a Change, then, within 15 days of demand by such Lender or such Issuer the Borrower shall pay such Lender or such Issuer the amount necessary to compensate for any shortfall in the rate of return on the portion of such increased capital which such Lender or such Issuer determines is attributable to this Agreement, its Outstanding Credit Exposure or its Commitment (after taking into account such Lender’s or such Issuer’s policies as to capital adequacy). “Change” means (i) any change after the date of this Agreement in (or in the interpretation of) the Risk-Based Capital Guidelines or (ii) any adoption of or change in (or any change in the interpretation of) any other law, governmental or quasi-governmental rule, regulation, policy, guideline, interpretation, or directive (whether or not having the force of law) after the date of this Agreement which affects the amount of capital required or expected to be maintained by any Lender, any Lending Installation or any Issuer or any corporation controlling any Lender or any Issuer. “Risk-Based Capital Guidelines” means (i) the risk-based capital guidelines in effect in the United States on the date of this Agreement, including transition rules, and (ii) the corresponding capital regulations promulgated by regulatory authorities outside the United States implementing the July 1988 report of the Basle Committee on Banking Regulation and Supervisory Practices Entitled “International Convergence of Capital Measurements and Capital Standards,” including transition rules, and any amendments to such regulations adopted prior to the date of this Agreement.

  • Changes in Stock In the event that as a result of a stock dividend, stock split, reclassification, recapitalization, combination of Shares or the adjustment in capital stock of the Company or otherwise, or as a result of a merger, consolidation, spin-off or other reorganization, the Company’s Class A Stock shall be increased, reduced or otherwise changed, the Performance Share Units shall be adjusted automatically consistent with such change to prevent substantial dilution or enlargement of the rights granted to, or available for, the Participant hereunder.

  • Changes in Ownership 6.21.1 A-E agrees that if there is a change or transfer in ownership, including but not limited to merger by acquisition, of A-E’s business prior to completion of this CONTRACT, the new owners shall be required under terms of sale or other transfer to assume A-E’s duties and obligations contained in this CONTRACT and to obtain the written approval of COUNTY of such merger or acquisition, and complete the obligations and duties contained in the CONTRACT to the satisfaction of COUNTY. A-E agrees to pay, or credit toward future work, COUNTY’s costs associated with processing the merger or acquisition.

  • Changes in Shares In the event that as a result of a stock dividend, stock split, reclassification, recapitalization, combination of Shares or the adjustment in capital stock of the Company or otherwise, or as a result of a merger, consolidation, spin-off or other reorganization, the Restricted Stock Units will be increased, reduced or otherwise changed, and by virtue of any such change the Employee will in his capacity as owner of unvested Restricted Stock Units which have been awarded to him (the “Prior Units”) be entitled to new or additional or different restricted stock units, cash, or securities (other than rights or warrants to purchase securities), such new or additional or different restricted stock units, cash, or securities will thereupon be considered to be unvested Restricted Stock Units and will be subject to all of the conditions and restrictions which were applicable to the Prior Units pursuant to this Agreement and the Plan. If the Employee receives rights or warrants with respect to any Prior Units, such rights or warrants may be held or exercised by the Employee, provided that until such exercise any such rights or warrants and after such exercise any shares or other securities acquired by the exercise of such rights or warrants will be considered to be unvested Restricted Stock Units and will be subject to all of the conditions and restrictions which were applicable to the Prior Units pursuant to the Plan and this Agreement. The Administrator in its absolute discretion at any time may accelerate the vesting of all or any portion of such new or additional units, cash or securities, rights or warrants to purchase securities or shares or other securities acquired by the exercise of such rights or warrants.

  • Changes in GAAP If at any time any change in GAAP would affect the computation of any financial ratio or requirement set forth in any Loan Document, and either the Borrower or the Required Lenders shall so request, the Administrative Agent, the Lenders and the Borrower shall negotiate in good faith to amend such ratio or requirement to preserve the original intent thereof in light of such change in GAAP (subject to the approval of the Required Lenders); provided that, until so amended, (i) such ratio or requirement shall continue to be computed in accordance with GAAP prior to such change therein and (ii) the Borrower shall provide to the Administrative Agent and the Lenders financial statements and other documents required under this Agreement or as reasonably requested hereunder setting forth a reconciliation between calculations of such ratio or requirement made before and after giving effect to such change in GAAP.

  • Changes in Name, etc Such Grantor will not, except upon 15 days’ prior written notice to the Administrative Agent and delivery to the Administrative Agent of all additional executed financing statements and other documents reasonably requested by the Administrative Agent to maintain the validity, perfection and priority of the security interests provided for herein, (i) change its jurisdiction of organization or the location of its chief executive office or sole place of business or principal residence from that referred to in Section 4.3 or (ii) change its name.

  • Changes in General Partner 7.1 Transfer of the General Partner’s Partnership Interest.

  • Changes in Control For the duration of the Project Term, the Private Party shall procure that there is no Change in Control in the Private Party (or in any company of which the Private Party is a subsidiary) without the prior written approval of SANParks, which approval shall not be unreasonably withheld, provided that no Change in Control may breach the provisions of Schedule 5 in any way.

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