Change of Applicable Laws Sample Clauses

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Change of Applicable Laws. (a) If a Governmental Body declares by way of a final and unappealable order or Applicable Law that, for any reason, it is unlawful for the Joint Venture to carry on all or part of the Business in a province or territory of Canada, the Parties shall, in good faith, negotiate an amendment of such provisions of this Agreement or the Implementation Agreements, as the case may be, or negotiate such alternate arrangements as are necessary to facilitate the continued operation of the Business in such province or territory either directly or indirectly by another Person in which the Parties have substantially similar rights and obligations so as to substantially preserve the respective rights and obligations of the Parties hereunder. (b) If the Parties are unable to agree in writing upon amendments or alternate arrangements within the period permitted by such Governmental Body for the Joint Venture to continue to carry on the Business in that province or territory in compliance with Applicable Laws following such declaration, or such other period agreed to by the Parties, this Agreement, and each of the Implementation Agreements shall terminate in respect of the Business in such province or territory and be of no further force or effect and if such declaration of unlawfulness includes all of Canada, this Agreement shall terminate and the Joint Venture shall be dissolved in accordance with the terms of the Shareholder Agreement.
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Change of Applicable Laws. Lessor shall process, and Lessee shall pay for, every zoning requirement or the requirements imposed by the Applicable Laws, which arise from change of conditions caused by Lessee subsequent to the Closing Date from the operation of the Business, as they come into effect during the Lease Term.
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Change of Applicable Laws. After the Signing Date, if any change in Applicable Laws (including laws and regulations on foreign investment) causes or may cause any provisions under any Transaction Documents to be modified or unable to be performed, the Parties shall negotiate to amend such provisions in accordance with the updated Applicable Laws and practical requirements of the Government Authorities in effect as such time in good faith and on mutually agreeable terms, so as to ensure the economic interest and rights of the Parties under the Transaction Documents remain unchanged. Name Sonic Holdings II Limited Company Number 366562 Registered Address c/o Intertrust Corporate Services (Cayman) Limited, ▇▇▇ ▇▇▇▇▇ ▇▇▇, ▇▇▇▇▇▇ ▇▇▇, ▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇-▇▇▇▇, Cayman Islands Authorized Share Capital USD50,000 Issued Share Capital USD1.00 Par Value Per Share USD0.01 Incorporation Date September 25, 2020 Shareholders Seller (30%) Purchaser (70%) Directors Blackstone Real Estate Holdings Director L.L.C. Law Yiu Fat ▇▇▇▇▇▇▇ ▇▇▇▇ Pak Man ▇▇▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇ Registered Office Intertrust Corporate Services (Cayman) Limited Name Sonic Holdings II Limited Company Number 366562 Registered Address c/o Intertrust Corporate Services (Cayman) Limited, ▇▇▇ ▇▇▇▇▇ ▇▇▇, ▇▇▇▇▇▇ ▇▇▇, ▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇-▇▇▇▇, Cayman Islands Authorized Share Capital USD50,000 Issued Share Capital USD1.00 Par Value Per Share USD0.01 Incorporation Date September 25, 2020 Shareholders Purchaser (100%) Directors Blackstone Real Estate Holdings Director L.L.C. Law Yiu Fat ▇▇▇▇▇▇▇ ▇▇▇▇ Pak Man Registered Office Intertrust Corporate Services (Cayman) Limited
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Related to Change of Applicable Laws

  • Applicable Laws The Contractor agrees to conduct all activities under this Agreement in accordance with all applicable rules, regulations, directives, standards, ordinances, and laws, in effect or promulgated during the term of this Agreement, including without limitation, workers’ compensation laws, minimum and maximum salary and wage statutes and regulations, and licensing laws and regulations. When required, the Contractor shall furnish H-GAC with satisfactory proof of its compliance therewith.

  • Applicable Laws and Regulations a) This Agreement is in accord with and pursuant to the California Affordable Care Act, Section 100500 et seq., Title 22 of the California Government Code (Chapter 655, Statutes of 2010 and Chapter 659, Statutes of 2010) and the implementing regulations, Title 10, Chapter 12 of the California Code of Regulations, § 6400 et seq., as enacted or as modified during the course of this Agreement. This Agreement is also in accord with and pursuant to the Federal Patient Protection and Affordable Care Act and its implementing Federal regulations, as enacted or modified during the course of this Agreement, including standards for QHP certification set forth at 45 C.F.R. Part 156 et seq. (Subpart C: Qualified Health Plan Minimum Certification Standards). b) Contractor is subject to the obligations imposed on Contractor under applicable laws, rules and regulations of the Federal Affordable Care Act, the California Affordable Care Act, and any other applicable Federal, State or local laws, rules and regulations. The parties to this Agreement recognize and acknowledge there may be material changes to the above-referenced rules and regulations and other applicable Federal, State, or local laws, rules and regulations. Should such an event arise, the parties agree that revisions to this Agreement may be necessary to align provisions contained herein with the changes made to these laws. Nothing in this Agreement limits such obligations imposed on Contractor, including any failure to reference a specific State or Federal regulatory requirement applicable to Covered California or Contractor. In those instances where Covered California imposes a requirement in accordance with the California Affordable Care Act or as otherwise authorized by California law that exceeds a requirement of the Federal Affordable Care Act or other Federal law, the State law and Covered California requirement shall control unless otherwise required by law, rules and regulations.

  • Purchase Permitted by Applicable Laws The purchase of and payment for the Notes to be purchased by such Purchaser on the terms and conditions herein provided (including the use of the proceeds of such Notes by the Company) shall not violate any applicable law or governmental regulation (including, without limitation, Section 5 of the Securities Act or Regulation T, U or X of the Board of Governors of the Federal Reserve System) and shall not subject such Purchaser to any tax, penalty, liability or other onerous condition under or pursuant to any applicable law or governmental regulation, and such Purchaser shall have received such certificates or other evidence as it may request to establish compliance with this condition.

  • Legal Requirements All applicable Federal and State laws and County ordinances that in any manner affect the items covered herein apply. Lack of knowledge by the Bidder shall in no way be a cause for relief from responsibility. A. Contractors doing business with the County are prohibited from discriminating against any employees, applicant, or client because of race, religion, color, disability, national origin, gender, or age with regard to but not limited to the following: employment practices, rates of pay or other compensation methods, and training selection. B. Businesses wishing to participate in the County procurement process as an Orange County Certified M/WBE firm are required to complete a certification application to attain recognition as such. You may contact the Procurement Division or the Business Development Division for information and assistance.

  • Compliance with Applicable Laws and Regulations (a) To the best of Borrower’s knowledge after due inquiry and investigation, each of the following is true: (i) All Improvements and the use of the Mortgaged Property comply with all applicable statutes, rules and regulations, including all applicable statutes, rules and regulations pertaining to requirements for equal opportunity, anti-discrimination, fair housing, environmental protection, zoning and land use (“legal, non-conforming” status with respect to uses or structures will be considered to comply with zoning and land use requirements for the purposes of this representation). (ii) The Improvements comply with applicable health, fire, and building codes. (iii) There is no evidence of any illegal activities relating to controlled substances on the Mortgaged Property. (b) Reserved.