CONTRACT CHANGES - APPLICABLE LAW Clause Samples

CONTRACT CHANGES - APPLICABLE LAW. For you (and the Annuitant) to receive the tax treatment accorded to annuities under Federal law, this Contract must qualify initially and continue to qualify as an annuity under the Internal Revenue Code or successor law. Therefore, to assure this qualification, we reserve in this Contract the right to defer acceptance of or to return any payment that would cause the Contract to fail to qualify as an annuity under applicable tax law as interpreted by us. Furthermore, we reserve the right to make changes in this Contract to the extent we deem it necessary to continue to qualify this Contract as VIA95JSL 13 an annuity. Any such changes will apply uniformly to all Contracts that are affected. You will be given advance written notice of such changes. In addition, payments under this Contract must comply with any applicable requirements of Section 401(a)(9) of the Internal Revenue Code and the Treasury regulations which apply.
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CONTRACT CHANGES - APPLICABLE LAW. For you (and the Annuitant) to receive the tax treatment accorded to annuities under Federal law, this Contract must qualify initially and continue to qualify as an annuity under the Internal Revenue Code or successor law. Therefore, to assure this qualification, we reserve in this Contract the right to defer acceptance of or to return any payment that would cause the Contract to fail to qualify as an annuity under applicable tax law as interpreted by us. Furthermore, we reserve the right to make changes in this Contract to the extent we deem it necessary to continue to qualify this Contract as an annuity. Any such changes will apply uniformly to all Contracts that are affected. You will be given advance written notice of such changes.
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Related to CONTRACT CHANGES - APPLICABLE LAW

  • Amendments - Changes/Extra Work The Subrecipient shall make no changes to this Contract without the County’s written consent. In the event that there are new or unforeseen requirements, the County has the discretion with the Subrecipient’s concurrence, to make changes at any time without changing the scope or price of the Contract.‌ If County-initiated changes or changes in laws or government regulations affect price, the Subrecipient’s ability to deliver services, or the project schedule, the Subrecipient will give County written notice no later ten (10) days from the date the law or regulation went into effect or the date the change was proposed and Subrecipient was notified of the change. Such changes shall be agreed to in writing and incorporated into a Contract amendment. Said amendment shall be issued by the County-assigned Contract Administrator, shall require the mutual consent of all Parties, and may be subject to approval by the County Board of Supervisors. Nothing herein shall prohibit the Subrecipient from proceeding with the work as originally set forth or as previously amended in this Contract.

  • Required Procurement Procedures for Obtaining Goods and Services The Grantee shall provide maximum open competition when procuring goods and services related to the grant- assisted project in accordance with Section 287.057, Florida Statutes.

  • 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.

  • Subsidy Requests and Reporting Requirements 1. The Grantee or Management Company shall complete a CRF Subsidy Request Report - Recap of Tenant Income Certification, which provides a unit-by-unit listing of all units in the Development for whom assistance is being requested and gives detailed information including the occupants’ eligibility, set-aside requirements, amount of household rent paid, utility allowance and amount of CRF Rental Subsidy requested. 2. The CRF Subsidy Request Report - Recap of Tenant Income Certification shall be prepared as of the last day of each calendar month during the period of performance and shall be submitted to ▇▇▇▇▇▇▇▇▇▇▇▇@▇▇▇▇▇▇▇▇▇▇▇▇▇▇.▇▇▇ and Florida Housing’s monitoring agent no later than the 15th day of the following month. The December 2020 request will be due on or before December 15th. The Grantee will submit executed Coronavirus Relief Fund Rental Assistance Applications and supporting documentation to Florida Housing’s monitoring agent within 5 days upon the monitoring agent’s request.

  • Selection of Subcontractors, Procurement of Materials and Leasing of Equipment The contractor shall not discriminate on the grounds of race, color, religion, sex, national origin, age or disability in the selection and retention of subcontractors, including procurement of materials and leases of equipment. The contractor shall take all necessary and reasonable steps to ensure nondiscrimination in the administration of this contract. a. The contractor shall notify all potential subcontractors and suppliers and lessors of their EEO obligations under this contract. b. The contractor will use good faith efforts to ensure subcontractor compliance with their EEO obligations.