Change of Law definition

Change of Law shall have the meaning set forth in Section 8.02.
Change of Law means the application to any person of any Legal Requirement which did not previously so apply or the change of any Legal Requirement applying to that person (including any such Legal Requirement ceasing to apply, being withdrawn or not being renewed) other than in relation to:
Change of Law means the adoption of any Governmental Rule, any change in any Governmental Rule or the application or requirements thereof (whether such change occurs in accordance with the terms of such Governmental Rule as enacted, as a result of amendment or otherwise), any change in the interpretation or administration of any Governmental Rule by any Governmental Authority, or compliance by any Lender (or any entity controlling such Lender) with any request, guideline or directive (whether or not having the force of law) of any Governmental Authority.

Examples of Change of Law in a sentence

  • In the event of a Change of Law within or affecting the Diversion Laws that requires a different ADC process, or eliminates ADC as a qualified waste stream diversion, subject to City’s prior written approval, Republic shall modify its ADC process to comply with such Change of Law, or process Green Waste in a manner that does qualify for pound for pound waste stream diversion, as the Change of Law requires.

  • If any Change of Law shall make it unlawful or impossible for any Lender to make or maintain any SOFR Loan, such Lender shall immediately notify Administrative Agent and Borrower of such Change of Law.


More Definitions of Change of Law

Change of Law shall have the meaning given to that term in Section 2.11(b).
Change of Law shall have the meaning given to that term in Subparagraph 2.10(b).
Change of Law shall have the meaning provided in Section 10.06.
Change of Law means after the date of this Agreement, the adoption of any Legal Requirement, any change in any Legal Requirement or the application or requirements thereof, any change in the interpretation or administration of any Legal Requirement by any Governmental Instrumentality, or compliance by the Lender or the Borrower with any request or directive (whether or not having the force of law) of any Governmental Instrumentality.
Change of Law means any of the enactment or introduction of any new law, the variation, amendment or repeal of an existing or new law, and any ruling on or interpretation or application by a competent authority of any existing or new law which, in each case, occurs after the date hereof and for this purpose the word “law” means all or any of the following whether in existence at the date hereof or introduced hereafter and with which it is obligatory or customary for banks or other financial institutions or, as the case may be, companies in the relevant jurisdiction to comply:
Change of Law the occurrence, after the Effective Date, of any of the following: (a) the adoption or taking effect of any law, rule, regulation, statute, treaty, policy, guideline or directive by any Governmental Authority, (b) any change in any law, rule, regulation, statute, treaty, policy, guideline or directive or in the application, interpretation, promulgation, implementation, administration or enforcement thereof by any Governmental Authority or (c) the making or issuance of any request, rule, guideline or directive (whether or not having the force of law) by any Governmental Authority; provided that notwithstanding anything herein to the contrary, (x) the Xxxx-Xxxxx Xxxx Street Reform and Consumer Protection Act and all requests, rules, guidelines or directives thereunder or issued in connection therewith and (y) all requests, rules, guidelines or directives promulgated by the Bank for International Settlements, the Basel Committee on Banking Supervision (or any successor or similar authority) or the United States or foreign regulatory authorities, in each case pursuant to Basel III, shall in each case be deemed to be a “Change of Law”, regardless of the date enacted, adopted or issued.
Change of Law means the coming into effect after the date of the Franchise Agreement of: (a) Legislation; or (b) any applicable judgment of a court of Law which changes a binding precedent, the terms of which apply only to the railway industry, a particular section of the railway industry or the provision of services to the railway industry and not to other transport modes or to industries other than the railway industry, and without limitation: (i) excluding any changes in Taxation; (ii) excluding any changes which were foreseeable at the date of the Franchise Agreement, and for this purpose, but without limitation, there shall be regarded as foreseeable any Legislation which on the date of the Franchise Agreement has been published: (A) in a draft parliamentary bill as part of a government departmental consultation paper; (B) in a parliamentary bill; (C) in a draft statutory instrument; or (D) as a proposal in the Official Journal of the European Union except to the extent that such proposal is intended to apply solely within member states other than the United Kingdom, to the extent that the same is subsequently enacted in substantially the same form as the form in which it was previously so published. In relation to the application of this sub paragraph (ii), each TSI shall be considered separately. Change of Law (1) includes any Legislation, which only applies to the railway industry, which is made under the Health and Safety at Work etc. Act 1974 and which is not excluded under (i) and (ii) (a “Specifically Included Change of Law”), but (2) excludes any Legislation (other than a Specifically Included Change of Law) which is made with the intention or effect of specifically applying to (or disapplying in relation to) the railway industry any other Legislation which does not apply only to the railway industry;