CONFLICT WITH STATUTE Sample Clauses

A Conflict with Statute clause establishes that if any provision of the contract is found to be inconsistent with applicable laws or regulations, the statutory requirements will take precedence. In practice, this means that the contract will be interpreted and enforced in a way that complies with the law, and any conflicting terms may be modified or disregarded as necessary to ensure legality. This clause ensures that the contract remains valid and enforceable even if legal requirements change or are discovered to override certain terms, thereby protecting both parties from inadvertently violating the law.
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CONFLICT WITH STATUTE. ‌ Throughout this contract, benefits provided by statute are summarized. These benefits are changed from time to time by the legislature. The intent of the parties is that eligible employees will receive benefits in accordance with applicable current state statutes. If there is a conflict between statute and the agreement, the statutory provision shall take precedence.
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CONFLICT WITH STATUTE. If performance under this agreement is illegal under a valid law of any jurisdiction where such performance is to take place, the performance will be modified to the minimum extent necessary to comply with any such law as was effective on the date of execution of this agreement.
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CONFLICT WITH STATUTE. If any article in this agreement shall be found to be in conflict with any statute, such article shall be deemed null and void. However, such article shall be separable from the remainder of this agreement, and all other articles herein shall continue in full force and effect. The parties to this agreement shall negotiate a replacement for the article rendered null and void.
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CONFLICT WITH STATUTE. In the event any article or section of this Operating Agreement shall conflict with the Delaware Corporation General Law, the Delaware Corporation General Law shall control.
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CONFLICT WITH STATUTE. In the event any article or section of this Agreement shall conflict with the MLLCA, as amended from time to time, the MLLCA, as amended, shall control.
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Related to CONFLICT WITH STATUTE

  • Conflict with TIA If any provision hereof limits, qualifies or conflicts with a provision of the TIA that is required under the TIA to be a part of and govern this Indenture, the latter provision shall control. If any provision of this Indenture modifies or excludes any provision of the TIA that may be so modified or excluded, the latter provision shall be deemed (i) to apply to this Indenture as so modified or (ii) to be excluded, as the case may be.

  • Conflict With Other Agreement If there is a conflict between this Agreement and any other agreement relating to a Collateral Account, this Agreement will govern.

  • Conflict with Regulations In the event that there is a conflict between the contents of this Agreement and any regulation made by the Employer, or on behalf of the Employer, this Agreement shall take precedence over the said regulation.

  • Conflict with Other Agreements In the event of any conflict between this Agreement (or any portion thereof) and any other agreement now existing or hereafter entered into, the terms of this Agreement shall prevail. No amendment or modification of this Agreement or waiver of any right hereunder shall be binding on any party hereto unless it is in writing and is signed by all of the parties hereto.

  • No Conflict with OFAC Laws Neither the Company nor any of its subsidiaries nor, to the knowledge of the Company, any director, officer, agent, employee or affiliate of the Company or any of its subsidiaries is currently subject to any U.S. sanctions administered by the Office of Foreign Assets Control of the U.S. Treasury Department (“OFAC”); and the Company will not directly or indirectly use the proceeds of the offering, or lend, contribute or otherwise make available such proceeds, to any subsidiary, joint venture partner or other person or entity, for the purpose of financing the activities of any person currently subject to any U.S. sanctions administered by OFAC.