Changes in Law definition

Changes in Law means changes in law (including without limitation environmental laws, laws affecting OPGI's generation facilities, tax laws and the general laws affecting the regulation of electricity in Ontario), but excluding provincial tax laws and, for greater certainty, excluding changes in licence conditions and market rules;

Changes in Law means any amendment, modification, superseding act, deletion, addition or change in or to Applicable Law including tariffs that occurs and takes effect after the Effective Date, provided that Contractor did not know, or reasonably would not have known, that such amendment, modification, superseding act, deletion, addition or change in or to Applicable Law would occur following the Effective Date, provided further that a Change in Law shall not include (i) variances from any applicable Permit granted by a Governmental Instrumentality, which are requested or promoted by Contractor to Owner to benefit Contractor’s performance of the Work, (ii) additional restrictions or new or different obligations imposed by any Governmental Instrumentality arising out of any violation of Applicable Law (including applicable Permits) by Contractor or any of its Subcontractors or Sub-subcontractors, or (iii) changes to Tax laws where such Taxes are based upon Contractor’s inventory, revenue, income, profits/losses or cost of finance or withholding Tax.

Changes in Law means any amendment, modification, superseding act, deletion, addition or change in or to Applicable Law (other than tariffs, quotas, and duties, which are addressed separately in Attachment FF), including changes to Tax laws that directly impact the Work (but excluding changes to Tax laws where such Taxes are based upon Contractor’s revenue, income, profits/losses or cost of finance) that occurs and takes effect after the Effective Date. Change in Law shall include any official change in the interpretation or application of Applicable Law (including Applicable Codes and Standards set forth in Applicable Law) that is not due to an act or omission of Contractor or its Subcontractors or Sub-subcontractors, provided that such Governmental Instrumentality making such official change expressly states in writing that it is officially changing the interpretation or applicable of such Applicable Law.

Changes in Law has the meaning set forth in Section 2.8.

Changes in Law means the occurrence, after the Effective Date, of any of the following: (a) the adoption or taking effect of any law, rule, regulation, Risk-Based Capital Guideline or treaty, (b) any change in any law, rule, regulation, Risk-Based Capital Guideline or treaty or in the administration, interpretation, implementation or application thereof by any Governmental Authority or (c) the making or issuance of any request, rule, guideline or directive (whether or not having the force of law) by any Governmental Authority; provided that notwithstanding anything herein to the contrary, (x) the ▇▇▇▇-▇▇▇▇▇ ▇▇▇▇ Street Reform and Consumer Protection Act and all requests, rules, guidelines or directives thereunder or issued in connection therewith and (y) all requests, rules, guidelines or directives promulgated by the Bank for International Settlements, the Basel Committee on Banking Supervision (or any successor or similar authority) or the United States or foreign regulatory authorities shall in each case be deemed to be a “Changes in Law,” regardless of the date enacted, adopted or issued.

Changes in Law means any amendment, modification, superseding act, deletion, addition or change in or to Applicable Law (excluding changes to tax laws where such taxes are based upon Contractor’s income or profits/losses) that occurs and takes effect after the Contract Date. A Change in Law shall include any official change in the interpretation or application of Applicable Law (including Applicable Codes and Standards set forth in Applicable Law), provided that such change is expressed in writing by the applicable Governmental Instrumentality.

Changes in Law means (a) the enactment, adoption, promulgation, modification or repeal, after the Contract Date, of any Applicable Law or any change in interpretation thereof by any Governmental Authority or (b) the imposition, after the Contract Date, of any conditions on the issuance, modification or renewal of any Permit that, in the case of either (a) or (b), (1) affects the Manager’s performance of the Work or increases the Manager’s costs to perform the Work, (2) affects the Manager’s performance of its obligations under this Agreement or increases the Manager’s costs to perform its obligations under this Agreement, (3) affects the County’s performance of its obligations hereunder, or (4) increases the County’s costs to perform its obligations under this Agreement or reduces or eliminates the revenues available under the Program, which in the case of (b)(1), (2) (3) or (4), imposes requirements on the applicable Party that are more burdensome than the most stringent requirements: (A) in effect on the Contract Date; or (B) agreed to by or on behalf of the Manager in any applications for Permits, other than any requirements set forth in said applications to comply with Applicable Laws. For purposes of part (a) of this definition, no enactment, adoption, promulgation or modification of any Applicable Laws shall be considered a Change in Law if such Applicable Law was, as of the Contract Date, (i) officially proposed by the applicable Governmental Authority and published in final form in the Federal Register or equivalent federal, State or local publication and thereafter becomes effective without further action or (ii) enacted into law or formally promulgated by the appropriate Governmental Authority before the Contract Date, and the comment period with respect to which had expired on or before the Contract Date and any required hearings had concluded on or before the Contract Date in accordance with applicable administrative procedures and which thereafter becomes effective without further action. The enactment into law after the Contract Date of any Applicable Law establishing a fee, charge, levy or assessment (but not including taxes) which was not in existence in any form (including not existing in the form of a different rate or amount) as of the Contract Date, shall be considered a Change in Law under this Agreement. The enactment into law after the Contract Date of any federal, State or local tax law imposing or changing the rate of taxation upon the Manager or...

Changes in Law means any amendment, modification, superseding act, deletion, addition or change in or to Applicable Law affecting the Work to be performed in California (excluding changes to Tax laws where such Taxes are based upon Contractor’s revenue (except as set forth in Section 8.2), income, profits/losses or cost of finance or withholding Tax) that occurs and takes effect after the Effective Date.

Changes in Law means any amendment, modification, superseding act, deletion, addition, or change in or to Applicable Law (including changes to Tax laws that directly impact the Work but excluding changes to Tax laws where such Taxes are based upon Contractor’s revenue, income, profits/losses or cost of finance or withholding Tax, and excluding all changes in duties and tariffs, which are separately addressed in Sections 6.2A.10 and Section 6.2A.13) that occurs and takes effect after the Agreement Date. Changes in Law shall include any official change in the interpretation or application of Applicable Law (including Applicable Codes and Standards set forth in Applicable Law) that is not due to an act or omission of Contractor or its Subcontractors or Sub-subcontractors, provided that such change is expressed in writing by the applicable Governmental Instrumentality. Changes in Law do not include Change in COVID-19 Applicable Law.