Common use of Law and Regulation Clause in Contracts

Law and Regulation. If either Party's activities hereunder become subject to law or regulation of any kind which renders this Agreement illegal or unenforceable, then either Party shall at such time have the right to terminate all Transactions and this Agreement upon written notice to the other Party, subject to Section 8.4.

Law and Regulation. If either Party's ’s activities hereunder become subject to law or regulation of any kind which renders this Agreement illegal or unenforceable, then either Party shall at such time have the right to terminate all Transactions and this Agreement upon written notice to the other Party, subject to Section 8.42.3.