Future Regulation Sample Clauses

Future Regulation. If during the term of this agreement, either:

Future Regulation. If during the term of this agreement, either: (a) any act or statutory instrument of the Parliament, either State or Commonwealth, is enacted or proclaimed prescribing further requirements for or otherwise affecting this agreement, or (b) the Australian Securities and Investments Commission or other competent authority publishes or issues a statement or statements of further requirements governing agreements of this type and its effect, the reasonable opinion of the Licensee, would be that non-compliance with it would render or be likely to render this agreement invalid, voidable or unenforceable in whole or in part, then the Licensee may, by notice to the Business or Authorised Representative, either terminate this agreement or require that the parties amend this agreement (and sign all documents as may be necessary to affect the amendment) so far as is necessary in the reasonable opinion of the Licensee, to avoid this agreement being invalid, voidable or unenforceable, and the Business and the Authorised Representative consents to the amendments required.

Future Regulation. In the event that a Service Agreement or any part or provision thereof, the provision of any Services or the Services should become subject to regulation or approval by any authority having lawful jurisdiction, then the Customer shall co- operate with the Supplier to make reasonable amendments to the Service Agreement and to obtain any required approvals with respect to the provision of the Services in order to comply with applicable regulatory requirements and to allow the continued supply of the Services by the Supplier to the Customer under circumstances as close as practicable to those provided for in the Services Agreement.

Future Regulation. In the event that the provision of any of the Services or the Services should become subject to regulation or approval by any authority having lawful jurisdiction, then the CUSTOMER shall cooperate with NRBN to make reasonable amendments to this Agreement to obtain any required approvals with respect to the provision of the Services in order to comply with applicable regulatory requirements and to allow the continued supply of the Services by NRBN to the CUSTOMER under circumstances as close as practicable to those provided for in this Agreement.

Future Regulation. The European Parliament had called for the need for this Directive to be reconsidered when effective competition exists. This idea has been partly taken on board, in the form of a recital stipulating that "when effective competition is achieved in the market, the competition rules of the Treaty will in principle be sufficient to monitor fair competition ex-post so that the need for this Directive will be reconsidered, with the exception of the provisions on universal service and the settlement of disputes".

Future Regulation. In the event that the provision of any of the Services or the Services should become subject to regulation or approval by any authority having lawful jurisdiction, then the CUSTOMER shall cooperate with NRBN to make reasonable amendments to this Agreement to obtain any required approvals with respect to the provision of the Services in order to comply with applicable regulatory requirements and to allow the continued supply of the Services by NRBN to the CUSTOMER under circumstances as close as practicable to those provided for in this Agreement. Last Revision: October 2, 2024. 1. Services Provided Seven Days a Week 24 Hours a Day a) Network Monitoring NRBN shall continuously perform on-line, in-band electronic monitoring of the Network seven days per week, 24 hours per day and 365 days per year to detect any Faults. This includes monitoring Network connectivity between all of the Points-of-Presence (POPs) and the status link of end equipment at each Demarcation Point and monitoring of the status of the Backbone and monitoring the utilization of the Backbone.