Statutory Amendments and Other Changes to Applicable Safeguards Clause Samples

The 'Statutory Amendments and Other Changes to Applicable Safeguards' clause defines how a contract will adapt to changes in laws, regulations, or official requirements that affect the parties' obligations or protections. Typically, this clause outlines procedures for updating the agreement if relevant statutes or regulatory safeguards are amended, repealed, or newly enacted, ensuring that the contract remains compliant with current legal standards. Its core function is to provide a mechanism for automatically or mutually adjusting contractual terms in response to legal changes, thereby reducing uncertainty and legal risk for both parties.
Statutory Amendments and Other Changes to Applicable Safeguards. The Parties agree to take such action as is necessary to amend the Contract and this Attachment from time to time as is necessary to ensure, current, ongoing compliance with the requirements of the laws listed in this Section or in any other applicable law.
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Statutory Amendments and Other Changes to Applicable Safeguards. The Contractor agrees to take such action as is necessary to amend the Contract and this Attachment from time to time as is necessary to ensure, current, ongoing compliance with the requirements of the laws listed in this Section or in any other applicable law.
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Related to Statutory Amendments and Other Changes to Applicable Safeguards

  • Amendments and Supplements to a Prospectus and Other Matters The Company will comply with the Securities Act and the Exchange Act, and the rules and regulations of the Commission thereunder, so as to permit the completion of the distribution of the Securities as contemplated in this Agreement, the Incorporated Documents and any Prospectus. If during the period in which a prospectus is required by law to be delivered in connection with the distribution of Securities contemplated by the Incorporated Documents or any Prospectus (the “Prospectus Delivery Period”), any event shall occur as a result of which, in the judgment of the Company or in the opinion of the Placement Agent or counsel for the Placement Agent, it becomes necessary to amend or supplement the Incorporated Documents or any Prospectus in order to make the statements therein, in the light of the circumstances under which they were made, as the case may be, not misleading, or if it is necessary at any time to amend or supplement the Incorporated Documents or any Prospectus or to file under the Exchange Act any Incorporated Document to comply with any law, the Company will promptly prepare and file with the Commission, and furnish at its own expense to the Placement Agent and to dealers, an appropriate amendment to the Registration Statement or supplement to the Registration Statement, the Incorporated Documents or any Prospectus that is necessary in order to make the statements in the Incorporated Documents and any Prospectus as so amended or supplemented, in the light of the circumstances under which they were made, as the case may be, not misleading, or so that the Registration Statement, the Incorporated Documents or any Prospectus, as so amended or supplemented, will comply with law. Before amending the Registration Statement or supplementing the Incorporated Documents or any Prospectus in connection with the Offering, the Company will furnish the Placement Agent with a copy of such proposed amendment or supplement and will not file any such amendment or supplement to which the Placement Agent reasonably objects.

  • DEFINITIONS AND OTHER PROVISIONS OF GENERAL APPLICATION

  • Definitions and Other Provisions of General Application SECTION 101.