Code Change Clause Samples

Code Change. The Parties understand that the pricing of the Products provided for in this Agreement are based upon the currently applicable City, municipal or similar codes. In the event Company discovers a code change, Company shall have the ability to reassess the pricing in this Agreement. If pricing of the Products will be modified by the Company so as to be higher than the costs (including, for the avoidance of doubt, the permitted adjustment in monthly prices for the Products) stated in Exhibit A, Section III, the Town may immediately terminate this Agreement at its sole discretion, subject to Company’s right after termination of this Agreement to complete any outstanding marketing initiatives.

Code Change. In the event that: (i) a change or proposed change in Applicable Laws, or municipal or similar codes; or (ii) an interpretation, policy, ruling, or order by any court, tribunal, arbitrator, regulatory agency, commission, including a public service commission or similar body of a municipality, or other instrumentality of the United States, or any state, county, city, or other political subdivision; negatively or potentially negatively impacts the terms of this Agreement or the obligations of the Parties set forth in this Agreement, the Parties shall negotiate in good faith to modify the terms of this Agreement accordingly. Should the Parties be unable to reach a mutual agreement to revise this Agreement, then either Party may terminate this Agreement on thirty (30) days’ written notice to the other Party.