New Regulations. In the event that the United States government, including, but not limited to the Environmental Protection Agency, and/or any other governmental entity, implements regulations during the term of this Agreement and such regulations make continued operation of the Plant materially and substantially uneconomical such that continued operation is no longer feasible, prudent and/or sustainable, Seller shall provide twelve (12) months’ written notice to Buyer of such fact, and provide sufficient supporting information to evaluate this claim (unless twelve (12) months’ notice is not commercially and/or legally feasible under the circumstances, in which case Seller shall provide such notice as is commercially and/or legally feasible under the circumstances). This Agreement will terminate at the time specified in such notice and neither Party shall have any further obligations hereunder except for those obligations which survive such termination, including, but not limited to, the indemnity provided in Subsection 6.5.
New Regulations. Both parties agree that prompt notification must be given to the other party upon receipt of any information regarding new or changed laws, rules or regulations affecting the traffic between the two parties and both shall cooperate in seeking immediate alternatives for the provision of the Services set forth herein, including but not limited to: (i) amending this Agreement pursuant to Section XX.C to reflect new conditions according to the new laws, rules or regulations, or (ii) if agreed by the parties, putting forward any relevant legal action, as the case may be against such new laws, rules or regulations.
New Regulations. If the legislation of either Contracting Party or obligation under International Law existing at present or established hereafter between the Contracting Parties in addition to this Agreement contain a regulation, whether general or specific entitling investments by investors of the other Contracting Party to a treatment more favourable than is provided for by this Agreement, such regulation shall, to the extent that it is more favourable, prevail over this Agreement.
New Regulations. In the event that there are any New Regulations adopted by any Port Authority or recognized local body after the commencement of this Charter and for the currency of this Charter, which increase the liability or expense of the Vessel and/or require Owners to implement new measures or be responsible for new items, taxes, certificates, adjustment to either vessel or management, the costs of complying with the same to be for Charterers account including and not limited to any time lost to the Vessel as a result of the same unless Charterers agree to exclude such port/country or places affected by the New Regulations from the trading areas.
New Regulations. On business trips with destinations in third countries, part of the travel time is always spent in the EU area. The daily allowance due for travel time in the EU area is to be determined as of 1.5.2023 based on the travel time actually spent in the EU area. Businesses that previously had to calculate the daily allowance for the travel time spent in the EU area in accordance with Section 10 Point 11 in the version applicable before 1.5.2023 can choose: Either they keep the previous method or they change – through conclusion of a works agreement or, in businesses without a works council, through announcement in the business – permanently to the simpler new calculation method. (From now on, it is illegal to calculate the daily allowance for the EU area using both methods and then to pay the cheaper amount to the detriment of employees.)
