savings clause


Also found in: Legal, Financial.

savings clause

n.
Variant of saving clause.
Mentioned in ?
References in periodicals archive ?
The Fifth Circuit decided that the language of the Clean Water Act of 1972 did not contain a savings clause that would have allowed for Louisiana to be compensated directly for punitive damages, leaving the state to beg the EPA for additional funds to clean up the still persistent mess.
77) Even if some portion of state RPS requirements were included within the scope of one or more savings clauses, the Court will nevertheless apply implied preemption principles (conflict, obstacle, and field preemption) to that portion of the legislation not within the savings clause.
Therefore, import authorization under the aforementioned savings clause is cancelled, if the exporter fails to honour the export commitment, within the stipulated timeframe.
The mechanism to determine the allocation between donors and donees did not operate to take property back and was a valid adjustment, not an impermissible savings clause, the court held.
Under a savings clause, if the value of a gift as finally determined is greater than the value originally claimed, the donee is required to issue a promissory note to the donor to reduce the value of the gift to the amount originally claimed.
In the 5-3 decision, Chief Justice John Roberts noted that licensing issues in the Arizona law are not preempted by federal law because it falls under the Immigration Reform and Control Act's savings clause that permits states licensing and similar laws.
Attorneys should be aware that the inclusion of a usury savings clause in a partnership/loan agreement, by itself, will not preclude a finding of usury.
Both bills amend the CAA's savings clause, but keep most of its original CAA savings clause language, so state authority to regulate GHGs is preserved.
One possibility is to consider fair market lease renewals with a savings clause wherein the landlord and free market tenant mutually acknowledge the uncertainty created by the pendency of the Appeal and agree to alter their relationship to that of landlord and rent stabilized tenant if and when the Court of Appeals affirms.
any state anti-spam law, the savings clause (the portion beginning with
Any losses that occur during the transitional period September 30 to December 16 are covered by a protective savings clause.

Full browser ?