Changes of Law definition

Changes of Law means any change in, or the introduction of new, applicable Laws, industry standards or conditions affecting (i) the performance, operation, maintenance or routine repair of the Infrastructure; (ii) the provision of Energy Services; and/or (iii) the creation and provision of Thermal Energy;
Changes of Law means any change in, or the introduction of new, applicable Laws affecting any one or more of (i) the performance, operation, maintenance or routine repair of the NES; (ii) the provision of Energy Services; and (iii) the creation and delivery of Thermal Energy;
Changes of Law means the promulgation, implementation, amendment, reinterpretation or repeal of any laws, taxes, withholding taxes, regulations, rules or policies by any Chinese governmental authority relevant to the construction, operation and maintenance of the Power Plant, the production, delivery and sale of electrical energy, or any other matters since the execution of this Contract; or the promulgation, extension, amendment or withdrawal of any approval, consent or permit by any Chinese governmental authority relevant to the construction, operation and maintenance of the Power Plant, the production, delivery and sale of electrical energy or any other matters which has resulted in the failure of Party B to achieve its After-tax Capital Return or of the Investors to receive their expected profit as set out in the Joint Venture Contracts or otherwise has a material and adverse impact upon the rights and obligations of Party B or the Investors in other respects.

Examples of Changes of Law in a sentence

  • The Change Control Procedure shall apply to all Discriminatory Changes of Law although this shall not relieve the Contractor of its obligation to comply with Clause 5.2.1 at all times.

  • At the request of the Owner, the Operator shall update the applicable Annual Budget at such times as may be appropriate to reflect changes in assumptions made in its preparation which are desirable in the light of the performance of the Utility Plant or any other material change in circumstance or in the assumptions used to develop such Annual Budget, such as Changes of Law.

  • Changes of Law that become effective after the Contract Date may result in price changes.

  • The Capital Cost Recovery Portion of the Adjusted Rate will be calculated as follows: LCA will pay a proportionate share of Major Capital Improvements and Changes of Law (as such terms are defined in the Lease) associated with water treatment, Intakes, and storage facilities using methodologies established for the development of the Capital Cost Recovery Charge and Changes of Law charges defined in and included in the Lease and applied to City rate payers.

  • Changes of Law that become effective after the Proposal due date may result in price changes.

  • Buyer shall be responsible for Changes of Law which impact Buyer, and Seller shall be responsible for Changes of Law which impact Seller.

  • General Conditions Section 8.7, Changes of Law, provides for price adjustments because of changes of law.

Related to Changes of Law

  • Property Jurisdiction means the jurisdiction in which the Land is located.

  • REMIC Change of Law Any proposed, temporary or final regulation, revenue ruling, revenue procedure or other official announcement or interpretation relating to REMICs and the REMIC Provisions issued after the Closing Date.

  • Requirements of Law means, with respect to any Person, any statutes, laws, treaties, rules, regulations, orders, decrees, writs, injunctions or determinations of any arbitrator or court or other Governmental Authority, in each case applicable to or binding upon such Person or any of its property or to which such Person or any of its property is subject.

  • Change of Law shall have the meaning set forth in Section 8.02.

  • Requirements of Laws means any foreign, federal, state and local laws, statutes, regulations, rules, codes or ordinances enacted, adopted, issued or promulgated by any Governmental Body (including, without limitation, those pertaining to electrical, building, zoning, environmental and occupational safety and health requirements) or common law.