NEGOTATIONS / CHANGE IN LAW Clause Samples

NEGOTATIONS / CHANGE IN LAW. Each of Lessor and Tenant have reviewed and are familiar with the terms of this Lease, have each had sufficient opportunity to negotiate such terms, and each had sufficient time to consult with legal and other advisors concerning the ter ms hereof. It is not the intention of either Lessor or Tenant to circumvent any existing or future laws governing residential lease agreements or residential leasing ▇▇▇▇ sactions in general. All provisions of this Lease requiring performance of certain obligations by ▇▇▇▇▇▇, or prohibiting certain acts by ▇▇▇▇▇▇, shall, in each case, be interpreted to only require Tenant’s performance, or restrict Tenant’s actions, in accordance with the limits proscribed in applicable law. Addendum A RULES & REGULATIONS TO LEASE CONTRACT 1. The security deposit is not to be applied towards last month’s rent . The Tenant(s) understand they are to pay rent until the expiration of the Lease contract. In addition, this deposit may be used during the term of this lease to repair or replace anything that the Lessor has determined was the intentional negligence and/or fault of the Tenant, and Lessor may demand Tenant(s) to reimburse the security deposit account within 7 days of being notifie d. 2. No automobiles, trailers, boats, motorcycles, or campers shall be stored, washed, or repaired on the premises. Tenant(s) are only allowed to park within the complex in designated parking spaces. Unauthorized cars will be towed at owner’s expense. Motorcycles are to be parked in assigned stalls only. Inoperable vehicles and vehicles without current registration will be towed at owner’s expense. No storage “pods” or any portable storage units are permitted at any time on BPM properties. BPM will charge the tenant $100.00 a day until the pod or portable storage unit is removed from the premises. 3. All leaking faucets, toilets, windows, fireplaces, and/or defect or potential defects in the rental unit or appliances not in good working order shall be reported promptly to Lessor. Tenant will be charged for damage resulting from negligence in reporting defects in the rental u nit, and excessive utility bills. 4. Tenants are responsible for damaged, missing or removed screens and closet doors. If screens are missing they should be noted on the Tenants property condition report. Tenants should be advised that the City of Boulder and other governmental agencies do not require screens on windows. If an existing screen, and /or screen or storm door, or window is...
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Related to NEGOTATIONS / CHANGE IN LAW

  • Change in Law To the extent that a change in Delaware law (whether by statute or judicial decision) shall permit broader indemnification or advancement of expenses than is provided under the terms of the By-laws and this Agreement, Indemnitee shall be entitled to such broader indemnification and advancements, and this Agreement shall be deemed to be amended to such extent.

  • No Change in Law Purchaser shall not have determined that the introduction of or a change in any Requirement of Law or in the interpretation or administration of any Requirement of Law has made it unlawful, and no Governmental Authority shall have asserted that it is unlawful, for Purchaser to enter into Transactions.

  • Change in Laws If the Lender shall determine that any change in any applicable law, regulation or guideline (including, without limitation, Regulation D of the Board of Governors of the Federal Reserve System) or any new law, regulation or guideline, or any interpretation of any of the foregoing by any governmental authority charged with the administration thereof or any central bank or other fiscal, monetary or other authority having jurisdiction over the Lender (whether or not having the force of law), shall: (i) impose, modify or deem applicable any reserve, special deposit or similar requirement against the Letters of Credit, or the Lender's or the Company's liability with respect thereto; or (ii) impose on the Lender any penalty with respect to the foregoing or any other condition regarding this Agreement, the Applications or the Letters of Credit; and the Lender shall determine that the result of any of the foregoing is to increase the cost (whether by incurring a cost or adding to a cost) to the Lender of issuing or maintaining the Letters of Credit hereunder (without benefit of, or credit for, any prorations, exemptions, credits or other offsets available under any such laws, regulations, guidelines or interpretations thereof), then the Company shall pay on demand to the Lender from time to time as specified by the Lender such additional amounts as the Lender shall determine are sufficient to compensate and indemnify it for such increased cost. If the Lender makes such a claim for compensation, it shall provide the Company a certificate setting forth the computation of the increased cost as a result of any event mentioned herein in reasonable detail and such certificate shall be conclusive if reasonably determined (absent manifest error).

  • Relief for Change in Law 12.2.1 The aggrieved Party shall be required to approach the Appropriate Commission for seeking approval of Change in Law. 12.2.2 The decision of the Appropriate Commission to acknowledge a Change in Law and the date from which it will become effective, provide relief for the same, shall be final and governing on both the Parties.

  • CHANGE IN LAWS AND COMPLIANCE WITH LAWS Performing Agency shall comply with all laws, regulations, requirements and guidelines applicable to a vendor providing services and products required by the Contract to the State of Texas, as these laws, regulations, requirements and guidelines currently exist and as amended throughout the term of the Contract. System Agency reserves the right, in its sole discretion, to unilaterally amend the Contract to incorporate any modifications necessary for System Agency’s compliance, as an agency of the State of Texas, with all applicable state and federal laws, regulations, requirements and guidelines.