Proposed Legislation. The Proposed Legislation, as enacted, must provide for delegation of authority of the Board of Trustees of the Trust to officers, employees, and agents, the indemnification of trustees, officers, agents and third parties, limitations on the liabilities of trustees, officers, and agents, and the assumption of liabilities in connection with or related to donations or contributions, in each case in a manner that is no less than the corresponding standards under Louisiana law for nonprofit corporations. The Proposed Legislation, as enacted, must also permit the trust instrument to be amended by the trustees without court involvement, except certain provisions regarding government oversight and the purpose and disposition of the assets of the Trust. In addition, the Proposed Legislation, as enacted, must not (i) change the purpose of the Trust, (ii) require amounts be paid to specific recipients or causes or (iii) change the board of trustees of the Trust. Finally, no amendments to the Proposed Legislation that are enacted that materially alter the terms above would be allowable.
Proposed Legislation. To amend the law so that liability waivers in negotiated risk agreements will be enforced in appropriate cases, the following bill proposes a limited safe harbor for providers who enter into and comply with properly drafted negotiated risk agreements. The legislation proposes to overcome the legal doctrine that makes liability waivers unenforceable when there is unequal bargaining power or a special relationship between a provider and a consumer (the so-called exculpatory contract doctrine). The effect of the legislation is to make liability waivers in negotiated risk contracts valid if signed voluntarily by informed, competent consumers or their duly-authorized surrogates, assuming that the provider has complied with the terms of the contract and any applicable laws, regulations, or local ordinances relating to consumer health and safety. The legislation makes negotiated risk contracts only presumptively valid, not absolutely enforceable in all cases. In other words, if there were some other reason for revoking the contract, including, for example, the provider’s fraud or unfair pressure or influence over the consumer, the legislation would permit a court to nullify the liability waiver. The bill, entitled “Presumptive Validity of Negotiated Risk Contracts,” is thus designed to make properly drafted negotiated risk contracts enforceable as the consumer and provider intended, while protecting the interests of potentially vulnerable consumers.
Proposed Legislation. Except as disclosed in the U.S. Prospectuses and the Canadian Prospectuses, the Company has no knowledge of any legislation, or proposed legislation published and publicly disseminated by a legislative body, which would materially and adversely affect the business, affairs, operations, assets, liabilities (contingent or otherwise) or prospects of the Company if such legislation or proposed legislation would be enacted, in the form published and publicly disseminated, as of the date hereof.
Proposed Legislation. The Corporation has no knowledge of any legislation, or proposed legislation published and publicly disseminated by a legislative body, which would materially and adversely affect the business, affairs, operations, assets, liabilities (contingent or otherwise) or prospects of the Corporation or any Subsidiary if such legislation or proposed legislation would be enacted, in the form published and publicly disseminated, as of the date hereof.
Proposed Legislation. 1. Defendants agree to propose legislation (“Proposed Legislation”) during the 2023-24 legislative session, with the following elements:
Proposed Legislation. To the knowledge of the Corporation, there is no legislation or proposed legislation to be published by a legislative body, or pending change or contemplated change to any existing applicable law which it anticipates will have a Material Adverse Effect;
Proposed Legislation. The Company is not aware of any legislation, or proposed legislation (published by a legislative body), which it anticipates will materially and adversely affect the business, affairs, operations, assets or liabilities (contingent or otherwise) of the Company;
Proposed Legislation. British Columbia agrees to inform and consult the Xxxxx Band in relation to any proposed provincial forestry legislation that may directly impact this Agreement.
Proposed Legislation. An amendment to the 28E has been drafted to remove direct references to the Iowa County Recorders Association, and it establishes the existing ESS Coordinating Committee as the primary governing board. Iowa county recorders would still be very actively involved with the management of ESS, as they would continue to serve as key members of the ESS Coordinating Committee.
Proposed Legislation. The Purchaser is not aware of any legislation, or proposed legislation (published by a legislative body), which it anticipates will have a Material Adverse Effect.
