Common use of Retrospective Legislation Clause in Contracts

Retrospective Legislation. No liability shall arise in respect of any breach of any of the Warranties to the extent that liability for such breach or such claim occurs or is increased directly or indirectly as a result of: (A) any legislation not in force on or prior to the date of this Agreement; or (B) the withdrawal of any extra-statutory concession or other agreement or arrangement currently granted by or made with any Governmental Entity (whether or not having the force of law); or (C) any change after the date of this Agreement of any generally accepted interpretation or application of any legislation or in the enforcement policy or practice of the relevant authorities.

Appears in 2 contracts

Sources: Business Sale and Purchase Agreement (Prestige Brands Holdings, Inc.), Business Sale and Purchase Agreement (Prestige Brands Holdings, Inc.)

Retrospective Legislation. No liability shall arise in respect of any breach of any of the Seller Warranties to the extent that liability for such breach or such claim occurs or is increased directly or indirectly as a result of: (A) A. any legislation not in force on or prior to the date of this AgreementEffective Date; or (B) B. the withdrawal withdrawal, after the Completion Date, of any extra-statutory concession or other agreement or arrangement currently granted by or made with any Governmental Entity Authority (whether or not having the force of law); or (C) C. any change after the date of this Agreement Effective Date of any generally accepted interpretation or application of any legislation or in the enforcement policy or practice of the relevant authorities.

Appears in 1 contract

Sources: Asset Purchase Agreement (Mylan N.V.)

Retrospective Legislation. No liability shall arise in respect of any breach of any of the Warranties to the extent that liability for such breach or such claim occurs or is increased directly or indirectly as a result of: (A) of any change in or introduction of any legislation announced, or if not announced in force on or prior to advance of being made, 152 152 made, after the date of this Agreement; or (B) Agreement with retrospective effect or as a result of the withdrawal of any extra-statutory concession or other formal agreement or arrangement currently granted by or made with any Governmental Entity (whether governmental authority or not having the force Tax Authority or as a result of law); or (C) any change after the date of this Agreement of any generally accepted interpretation or application of any legislation or in the enforcement policy or published practice of the relevant authorities.

Appears in 1 contract

Sources: Business and Share Sale and Purchase Agreement (Campbell Soup Co)