Subsequent Amendment to Authorizing Statute Clause Samples

The "Subsequent Amendment to Authorizing Statute" clause addresses how changes to the underlying legal authority governing an agreement will affect the parties' rights and obligations. Typically, this clause specifies whether amendments to the statute after the agreement is signed will automatically apply to the agreement or if the parties must formally agree to incorporate such changes. For example, if a government agency's enabling law is revised, this clause determines if those revisions impact existing contracts. Its core function is to provide clarity and predictability regarding the effect of future legal changes, thereby reducing uncertainty and potential disputes between the parties.
Subsequent Amendment to Authorizing Statute. This Agreement has been entered into in reliance upon the provisions of the statute governing development agreements (Government Code Sections 65864 through 65869.5, inclusive) in effect as of the Effective Date. Accordingly, subject to Sections 3.6 and 4.4 above, to the extent the subsequent amendments to the Government Code would affect the provisions of this Agreement, such amendments shall not be applicable to the Agreement unless necessary for this Agreement to be enforceable or unless so provided by the amendments.
Subsequent Amendment to Authorizing Statute. This Development Agreement has been entered into in reliance upon the provisions of the Development Agreement Statute in effect as of the Development Agreement Date. Accordingly, subject to Section 23.1 above, to the extent that subsequent amendments to the Government Code would affect the provisions of this Development Agreement, such amendments shall not be applicable to this Development Agreement unless necessary for this Development Agreement to be enforceable or unless this Development Agreement is modified pursuant to the provisions set forth in this Development Agreement and Government Code Section 65868 as in effect on the Development Agreement Date.
Subsequent Amendment to Authorizing Statute. This Development Agreement has been entered into in reliance upon the provisions of the Development Agreement Statute in effect as of the Development Agreement Date. Accordingly, subject to Section 23.1 of this Development Agreement, to the extent that subsequent amendments to the California Government Code would affect the provisions of this Development Agreement, such amendments shall not be applicable to this Development Agreement unless necessary for this Development Agreement to be enforceable or unless this Development Agreement is modified pursuant to the provisions set forth in this Development Agreement and California Government Code Section 65868 as in effect on the Development Agreement Date.

Related to Subsequent Amendment to Authorizing Statute

  • Agreement Amendment If either party hereto requests to amend this agreement, it shall notify the other party in writing, and the other party shall respond within one week. All amendments of this agreement must be made in writing by both parties, and such amendments shall be deemed as inseverable parts of this agreement.