Changes in Applicable Law Costs Sample Clauses

Changes in Applicable Law Costs. Increased costs associated with changes in Applicable Law shall be determined on an annual basis beginning on January 1, 2007 and shall continue throughout the Term. As of January 1, 2007, the change in Applicable Law costs are zero. On an annual basis, increased costs associated with complying with changes in Applicable Law since January 1, 2007 applicable to the Gateway Mine or any Alternative Source from which Coal is actually delivered hereunder (as the case may be) shall be expressed in dollars per ton, based on the total change in costs associated with complying with all changes in Applicable Law on all tons of Coal produced from the Gateway Mine or any Alternative Source from which Coal is actually delivered hereunder (as the case may be) for such year; provided, however, that in no event shall the costs associated with changes in Applicable Law associated with any Alternative Source be greater than the costs associated with changes in Applicable Law that would have been associated with the Gateway Mine had the Coal been delivered from the Gateway Mine. To the extent that such increased costs are applicable to Coal delivered hereunder, Buyer shall be responsible for reimbursing the Seller for [*]% of the increased costs associated with complying with all changes in Applicable Law based on all tons produced from the Mine or any Alternative Source from which Coal is actually delivered hereunder (as the case may be) calculated on an annual basis provided, however, that in no event shall the costs associated with changes in Applicable Law associated with any Alternative Source be greater than the costs associated with changes in Applicable Law that would have been associated with the Gateway Mine had the Coal been delivered from the Gateway Mine. Such increased costs associated with complying with changes in Applicable Law based on an annual basis shall be billed to Buyer on a retroactive basis as a separate invoice which shall be issued within 30 days after January 1 of the subsequent year and shall be paid by Buyer within thirty (30) Days of receipt of such invoice.
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Related to Changes in Applicable Law Costs

  • Changes in Accounting Procedures Any resolution passed by the Board of Trustees that affects accounting practices and procedures under this Agreement shall be effective upon written receipt of notice and acceptance by USBFS.

  • Conformity with Applicable Law The Manager, in the performance of its duties and obligations under this Agreement, shall act in conformity with the Registration Statement of the Trust and with the instructions and directions of the Board of Trustees of the Trust and will conform to, and comply with, the requirements of the 1940 Act and all other applicable federal and state laws and regulations.

  • Changes in Tax Laws In the event that, subsequent to the Closing Date, (i) any changes in any existing law, regulation, treaty or directive or in the interpretation or application thereof, (ii) any new law, regulation, treaty or directive enacted or any interpretation or application thereof, or (iii) compliance by Lender with any request or directive (whether or not having the force of law) from any governmental authority, agency or instrumentality:

  • Changes in Fiscal Periods Permit the fiscal year of the Borrower to end on a day other than December 31 or change the Borrower’s method of determining fiscal quarters.

  • Applicable Law, Etc This Agreement shall be interpreted, construed, applied and enforced in accordance with the laws of the State applicable to contracts between residents of the State which are to be performed entirely within the State, regardless of (i) where this Agreement is executed or delivered; or (ii) where any payment or other performance required by this Agreement is made or required to be made; or (iii) where any breach of any provision of this Agreement occurs, or any cause of action otherwise accrues; or (iv) where any action or other proceeding is instituted or pending; or (v) the nationality, citizenship, domicile, principal place of business, or jurisdiction of organization or domestication of any party; or (vi) whether the laws of the forum jurisdiction otherwise would apply the laws of a jurisdiction other than the State; or (vii) any combination of the foregoing. To the maximum extent permitted by applicable law, any action to enforce, arising out of, or relating in any way to, any of the provisions of this Agreement may be brought and prosecuted in such court or courts located in the State as is provided by law; and the parties consent to the jurisdiction of said court or courts located in the State and to service of process by registered mail, return receipt requested, or by any other manner provided by law.

  • Performance of Services in Accordance with Regulatory Requirements; Furnishing of Books and Records In performing the services set forth in this Agreement, the Manager:

  • Changes in Name, etc Such Grantor will not, except upon 15 days’ prior written notice to the Administrative Agent and delivery to the Administrative Agent of all additional executed financing statements and other documents reasonably requested by the Administrative Agent to maintain the validity, perfection and priority of the security interests provided for herein, (i) change its jurisdiction of organization or the location of its chief executive office or sole place of business or principal residence from that referred to in Section 4.3 or (ii) change its name.

  • Changes in Fiscal Year Make any change in its fiscal year; provided, however, that the Borrower may, upon written notice to the Administrative Agent, change its fiscal year to any other fiscal year reasonably acceptable to the Administrative Agent, in which case, the Borrower and the Administrative Agent will, and are hereby authorized by Lenders to, make any adjustments to this Agreement that are necessary to reflect such change in fiscal year.

  • Changes in Writing Other than in connection with the addition of additional Subsidiaries, which become parties hereto by executing a supplement hereto in the form attached as Annex I, neither this Guaranty nor any provision hereof may be changed, waived, discharged or terminated orally, but only in writing signed by each of the Guarantors and the Administrative Agent.

  • Accounting Terms; Changes in GAAP (a) All accounting terms not specifically defined in this Agreement shall be construed in accordance with GAAP applied on a consistent basis with those applied in the preparation of the Financial Statements.

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