Statutory Changes definition
Examples of Statutory Changes in a sentence
Statutory Changes Improvement, reduction or elimination of benefits which are brought about by the amendment or repeal of statutory guarantees incorporated into this Agreement shall obligate the parties to negotiate for the purpose of changing such benefits in the Agreement.
PCC-CFT may be a grievant concerning alleged violations of the Articles entitled Recognition, Dues Deduction and Organizational Security, PCC-CFT Rights, Statutory Changes, Grievance Procedure, and Duration of Agreement.
Savings Clause 23 Section 21.01 Savings Clause 23 Section 21.02 Statutory Changes 23 Article 22.
Notwithstanding the foregoing, during the course of the Work, if new statutes, codes, or regulations are enacted and/or existing statutes, codes, or regulations are amended (collectively, “Statutory Changes”) and such Statutory Changes result in an increase or decrease to the Cost of the Work, the GMP for the Construction Work shall be increased or decreased by a Change Order to reflect the actual increased or decreased cost of the Construction Work relative to such Statutory Changes.
The foregoing shall not apply to (a) any changes in the Work necessary due to the failure of Developer to comply with applicable statutes, codes or regulations in effect prior to the establishment of the GMP for the Work and (b) any Statutory Changes that do not result in an increase or decrease in the Cost of the Work.