Future Law definition

Future Law means (i) any Legal Requirement adopted after the Commencement Date of this Lease, (ii) any amendment to, or modification of, a Legal Requirement, which amendment or modification is adopted after the Commencement Date of this Lease or (iii) any Legal Requirement existing on the Commencement Date of this Lease, compliance with which is required only because of a judicial interpretation of such Legal Requirement first rendered after the Commencement Date of this Lease (without limiting the generality of the foregoing, the term “Future Law” shall not include any Legal Requirement existing on the Commencement Date of this Lease which, by its terms, takes effect or requires compliance after the Commencement Date of this Lease).
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Future Law means any law passed after the commencement of this Law.
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Examples of Future Law in a sentence

  • In the event of the occurrence of a Future Law, each Party shall have the right to enter into good faith negotiations with the other in order to seek to agree on reasonable terms for maintaining the intent of the Agreement.

  • In the event of the occurrence of a Future Law, each party shall have the right to enter into good faith negotiations with the other in order to seek to agree on reasonable terms for maintaining the intent of the Agreement.

  • Neither the City nor any agency of the City, unless otherwise required by State or Federal law, shall impose upon the Project any ordinance, resolution, rule, regulation, standard, directive, condition or other measure or City’s Future Law that reduces the development rights provided by this Agreement or by the Entitlements.

  • Future Law To the extent such amendment may become permissible under applicable federal and state law during the life of this Agreement as a result of legislative, administrative or judicial determination, all of the provisions of this Article shall be automatically amended to include the greater Union security provisions permitted by the amended federal or state law.

  • For the term of this Agreement, City agrees that any City’s Future Law shall not apply to the Property where the application of the City’s Future Law would impair or impede development, or eliminate or reclassify a use allowed under the JRF Zone, or under laws in effect prior to adoption of the JRF Zone.

  • Neither the City nor any agency of the City shall impose upon the Project (whether by initiative, referendum, or other means) any ordinance, resolution, rule, regulation, standard, directive, condition or other measure or City’s Future Law that reduces the development rights provided by this MDA or by the Entitlements.

  • PPH may give City written notice of its election to voluntarily have any Future Law applied to the Property, in which case such Future Law shall be deemed to be an Existing Law.

  • However, Owner may give the City written notice of its election to have any conflicting Future Law applied to the Project, in which case such Future Law will be considered an Existing Law for purposes of this Agreement.

Related to Future Law

  • bye-law means a bye-law framed by the corporation under this Act;

  • FBCA means the Florida Business Corporation Act.

  • CGCL means the California General Corporation Law.

  • Delaware Law means the General Corporation Law of the State of Delaware.

  • TBCA means the Texas Business Corporation Act.