Common use of Reference to Regulations Clause in Contracts

Reference to Regulations. Unless otherwise specified, any reference in this Agreement, the MSHCP, or the ITP to any implementing regulation or rule of the Service shall be deemed to be a reference to such implementing regulation or rule in existence at the time an action is taken, except that NiSource may elect to rely on federal laws and regulations in effect at the time this Agreement was executed if necessary to protect its rights under Section 11.2 of this Agreement.

Reference to Regulations. Unless otherwise specified, any reference in this Agreement, the MSHCP, or the ITP to any implementing regulation or rule of the Service shall be deemed to be a reference to such implementing regulation or rule in existence at the time an action is taken, except that NiSource may elect to rely on federal laws and regulations in effect at the time this Agreement was executed if necessary to protect its rights under Section 11.2 of this Agreement.