Common use of Calamities Clause in Contracts

Calamities. There shall not have occurred since the date hereof ---------- (i) any increase or decrease of 20% or more in the United States/Republic of - Korea currency exchange rate from the rate existing on the date hereof or a suspension of, or limitation on, the markets therefor, (ii) a declaration of a -- banking moratorium or any suspension of payments in respect of banks in the United States or the Republic of Korea, (iii) any limitation (whether or not --- mandatory) by any Regulatory Authority or other event that materially adversely affects the ability of LGE to consummate the transactions contemplated hereby, or (iv) a commencement of a war or armed hostilities or other national or -- international calamity involving the United States or the Republic of Korea.

Calamities. There shall not have occurred since the date hereof ---------- (i) any increase or decrease of 20% or more in the United States/Republic of - Korea currency exchange rate from the rate existing on the date hereof or a suspension of, or limitation on, the markets therefor, (ii) a declaration of a -- banking moratorium or any suspension of payments in respect of banks in the United States or the Republic of Korea, (iii) any limitation (whether or not --- mandatory) by any Regulatory Authority or other event that materially adversely affects the ability of LGE to consummate the transactions contemplated hereby, or (iv) a commencement of a war or armed hostilities or other national or -- international calamity involving the United States or the Republic of Korea.