Statutory Language Sample Clauses

A Statutory Language clause requires that certain terms or provisions in a contract use wording that directly reflects or incorporates language mandated by relevant laws or regulations. In practice, this means the contract will include specific phrases or terminology as dictated by statutes, ensuring compliance with legal requirements. This clause is essential for ensuring that the agreement aligns with applicable legal standards and avoids potential invalidation or disputes due to non-compliance with statutory mandates.
Statutory Language. IT IS AGREED BY AND BETWEEN THE PARTIES THAT ANY PROVISION OF THIS AGREEMENT REQUIRING LEGISLATIVE ACTION TO PERMIT ITS IMPLEMENTATION BY AMENDMENT OF LAW OR BY PROVIDING THE ADDITIONAL FUNDS THEREFORE SHALL NOT BECOME EFFECTIVE UNTIL THE APPROPRIATE LEGISLATIVE BODY HAS GIVEN APPROVAL.
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Statutory Language. 26 U.S.C. § 7206(5)
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Statutory Language. The Tribe waives any rights and benefits conferred by any applicable provision of law existing under any tribal, federal, state or political subdivision, which would invalidate all or any portion of the release set forth in Section 6.5 above because this release may extend to claims which the Tribe does not know or suspect to exist in its favor at the time of execution of this Agreement. THE TRIBE ACKNOWLEDGES THAT SUCH RELEASE HAS BEEN MADE WITH KNOWLEDGE THAT ADDITIONAL CLAIMS MAY EXIST AND THE TRIBE WAIVES ANY AND ALL RIGHTS THE TRIBE MAY HAVE UNDER CALIFORNIA CIVIL CODE SECTION 1542 OR UNDER ANY OTHER STATE, FEDERAL OR TRIBAL STATUTE OR CASE AUTHORITY OF SIMILAR EFFECT.
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Statutory Language. Like Section 8-103, Section 8-104 sets requirements for gas utilities and integrated gas and electric utilities like Ameren. Such utilities must “implement cost-effective energy efficiency measures to meet at least the following natural gas savings requirements . . . by meeting the annual incremental savings goal in the applicable year or by showing that total savings . . . were equal to the sum of each annual incremental savings requirement . . . .” 220 ILCS 5/8-104(c). For Plan cycle 2, these goals are: a 0.2% increase by May 31, 2012 for PY4; an additional increase of 0.4%, for a total savings of 0.6% required for PY5, and an additional increase of 0.6%, for a total savings of 1.2% required for PY6. 220 ILCS 5/8-104(c). Also like Section 8-103, the gas savings goals are subject to a statutory spending limit, and utilities must “limit the amount of energy efficiency implemented in any 3-year reporting period . . . by an amount necessary to limit the estimated average increase in the amounts paid by retail customers in connection with natural gas service to no more than 2% in the applicable 3-year reporting period.” 220 ILCS 5/8-104(d). In addition, utilities must use 75% of the available funding and allocate the remaining 25% to the DCEO, which must achieve no less than 20% of the natural gas savings requirements. 220 ILCS 5/8-104(e). A minimum of 10% of the gas portfolio must also “be procured from local government, municipal corporations, school districts, and community college districts.” 220 ILCS 5/8-104(e). The Commission notes that utilities must:
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Statutory Language. IT IS AGREED BY AND BETWEEN THE PARTIES THAT ANY PROVISION OF THIS AGREEMENT REQUIRING LEGISLATIVE ACTION TO PERMIT ITS IMPLEMENTATION BY AMENDMENT OF LAW OR BY PROVIDING THE ADDITIONAL FUNDS THEREFOR, SHALL NOT BECOME EFFECTIVE UNTIL THE APPROPRIATE LEGISLATIVE BODY HAS GIVEN APPROVAL. ARTICLE 18 - LABOR MANAGEMENT COMMITTEE 18.1 Labor Management Committee
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Related to Statutory Language

  • Contract Language The following language shall be included in contracts for City projects between the Consultant and any Subcontractors, vendors, and suppliers: Contractor shall not discriminate on the basis of race, gender, gender expression, gender identity, religion, national origin, ethnicity, sexual orientation, age, or disability in the solicitation, selection, hiring, or treatment of subcontractors, vendors, or suppliers. Consultant shall provide equal opportunity for Subcontractors to participate in opportunities. Consultant understands and agrees that violation of this clause shall be considered a material breach of the contract and may result in contract termination, debarment, or other sanctions.

  • Official Language The official language of this Agreement is the English language only, which language shall be controlling in all respects, and all versions of this Agreement in any other language shall not be binding on the parties hereto or nor shall such other versions be admissible in any legal proceeding, including arbitration, brought under this Agreement. All communications and notices to be made or given pursuant to this Agreement shall be in the English language.

  • Sample Language The following provides a sample contract clause: Compliance with the ▇▇▇▇▇▇▇▇ “Anti-Kickback” Act.

  • Official Languages (a) Appointments and transfers shall be subject to the Corporate Official Languages Policy, as it may be amended from time to time. (b) The parties agree to study the feasibility of developing a program to facilitate the exchange of employees who wish to improve their proficiency in the other official language.

  • Governing Language This Agreement has been negotiated and executed by the parties in English. In the event any translation of this Agreement is prepared for convenience or any other purpose, the provisions of the English version shall prevail.