43 USC 618j – Effect of refusal to modify existing contracts
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Any contractor for energy from the project failing or refusing to execute a contract modifying its existing contract to conform to this subchapter shall continue to pay the rates and charges provided for in its existing contract, subject to such periodic readjustments as are therein provided, in all respects as if this subchapter had not been passed, and so far as necessary to support such existing contract all of the provisions of the Project Act [43 U.S.C. 617 et seq.] shall remain in effect, anything in this subchapter inconsistent therewith notwithstanding.
Terms Used In 43 USC 618j
- Contract: A legal written agreement that becomes binding when signed.
- Project: shall mean the works authorized by the Project Act to be constructed and owned by the United States, exclusive of the main canal and appurtenances mentioned therein, now known as the All-American Canal. See 43 USC 618k
- Project Act: shall mean the Boulder Canyon Project Act [43 U. See 43 USC 618k