Change of Law or Circumstances Sample Clauses

Change of Law or Circumstances. If it becomes, or it becomes apparent that it is or will be, unlawful or contrary to any requirement of any governmental, fiscal, monetary or other authority (whether or not having the force of law) for the Lender to give effect to its obligations under this Agreement or to fund the Loan or any part thereof in the Lender’s country of incorporation’s interbank market, the Lender shall so notify the Borrower. Upon such notification the Facility shall be cancelled. The Borrower shall forthwith repay the Loan in full together with any accumulated interest.
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Change of Law or Circumstances. If it becomes unlawful for the Lender to give effect to its obligations hereunder, the Lender shall so notify the Borrower, whereupon the Facility shall be cancelled. The Borrower shall forthwith after such notification, or such longer period as the Lender may certify as being permitted by the relevant law, prepay the Loan in full together with interest accrued thereon to the date of prepayment and any other monies owing hereunder.
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Change of Law or Circumstances. If it shall become unlawful or contrary to any law, regulation, treaty or official directive (whether or not having the force of law), as the case may be, in any jurisdiction applicable to the Lender for the Lender to fund any Advance or maintain the Facility or to give effect to its obligations as contemplated hereunder, the Lender may, by written notice to the Borrower, declare that the Lender’s obligations to make available any Advance or maintain the Facility shall be terminated forthwith whereupon the Borrower shall if so required pursuant to such law, regulation, treaty or official directive (a) repay forthwith or before the latest date permitted by such law, regulation, treaty or official directive all of the Advances in full together with all interest accrued up to the date of actual payment; and (b) pay forthwith all other sums owing hereunder and under this Agreement. The Facility shall be cancelled on the giving of such notice.
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Change of Law or Circumstances. 7.01 Unlawfulness (Lender). If after the date hereof and prior to the end of --------------------- the Availability Period, any change in or introduction of any law, regulation or regulatory requirement or any request of any central bank, monetary, regulatory or other authority with which a Lender is bound to comply or any order of any court renders it unlawful for any Lender to give effect to or maintain its Available Commitment hereunder, such Lender shall, through the Facility Agent, deliver to the Borrower a notice (i) stating that a change or introduction or request referred to above has occurred and (ii) specifying in reasonable detail the nature of such change, introduction or request giving rise to the illegality. Upon delivery of such notice, such Lender's Available Commitment shall be reduced to zero provided always that, if requested by the Borrower, the Lenders, the Facility Agent and the Borrower shall negotiate in good faith with each other in accordance with Clause 7.03 with a view to restructuring the transactions contemplated by this Agreement on an alternative basis acceptable to the Lenders, the Facility Agent, EXIM and the Borrower which would avoid the relevant circumstances referred to above.
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Change of Law or Circumstances. Unlawfulness. If it becomes unlawful for the Lender to give effect to its obligations hereunder, the Lender shall so notify the Borrower, whereupon the Borrower shall forthwith, or such longer period as the Lender may certify as being permitted by the relevant law, repay the Loan in full and any other moneys owing hereunder.
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Change of Law or Circumstances 
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Related to Change of Law or Circumstances

  • Change of Circumstances The Company will, at any time during the pendency of a Placement Notice advise the Agent promptly after it shall have received notice or obtained knowledge thereof, of any information or fact that would alter or affect in any material respect any opinion, certificate, letter or other document required to be provided to the Agent pursuant to this Agreement.

  • No Change in Facts or Circumstances All information in the application for the loan submitted to Lender (the "Loan Application") and in all financial statements, rent rolls, reports, certificates and other documents submitted in connection with the Loan Application are complete and accurate in all material respects. There has been no material adverse change in any fact or circumstance that would make any such information incomplete or inaccurate.

  • Adverse Circumstances No condition, circumstance, event, agreement, document, instrument, restriction, litigation or proceeding (or threatened litigation or proceeding or basis therefor) exists which: (i) would have a Material Adverse Effect upon Debtor; or (ii) would constitute an Event of Default or an Unmatured Event of Default.

  • Change of Law In this Agreement, unless the context otherwise requires, references to a statutory provision include references to that statutory provision as from time to time amended, extended or re- enacted and any regulations made under it, provided that in the event that the amendment, extension or re-enactment of any statutory provision or introduction of any new statutory provision has a material impact on the obligations of either Party, the Parties will negotiate in good faith to agree such amendments to this Agreement as may be appropriate in the circumstances. If, within a reasonable period of time, the Supplier/Service Provider and Transnet cannot reach agreement on the nature of the changes required or on modification of Prices, delivery schedules, warranties, or other terms and conditions, either Party may seek to have the matter determined in accordance with clause 32 [Dispute Resolution] above.

  • No Change in Facts or Circumstances; Disclosure All information submitted by and on behalf of Borrower to Lender and in all financial statements, rent rolls (including the rent roll attached hereto as Schedule I), reports, certificates and other documents submitted in connection with the Loan or in satisfaction of the terms thereof and all statements of fact made by Borrower in this Agreement or in any other Loan Document, are true, complete and correct in all material respects. There has been no material adverse change in any condition, fact, circumstance or event that would make any such information inaccurate, incomplete or otherwise misleading in any material respect or that otherwise materially and adversely affects or might materially and adversely affect the use, operation or value of the Property or the business operations or the financial condition of Borrower. Borrower has disclosed to Lender all material facts and has not failed to disclose any material fact that could cause any Provided Information or representation or warranty made herein to be materially misleading.

  • Special Risks or Circumstances City reserves the right to modify these requirements, including limits, based on the nature of the risk, prior experience, insurer, coverage, or other special circumstances.

  • No Undisclosed Events or Circumstances No event or circumstance has occurred or exists with respect to the Company or its subsidiaries or their respective businesses, properties, prospects, operations or financial condition, which, under applicable law, rule or regulation, requires public disclosure or announcement by the Company but which has not been so publicly announced or disclosed.

  • Unforeseen Circumstances Contractor is not responsible for any delay caused by natural disaster, war, civil disturbance, labor dispute or other cause beyond Contractor's reasonable control, provided Contractor gives written notice to County of the cause of the delay within 10 days of the start of the delay.

  • Other Circumstances Do you know if the proponent lodged or intended to lodge a section 16 or section 18 application under the Aboriginal Xxxxxxxx Xxx 0000: If yes, did SWALSC receive a Notice of this intention at least 30 days before the approval was lodged with the DPLH: During the process did either party access the dispute resolution process: Y/N Did SWALSC access the provisions under 'Dispute in relation to clauses 9, 11(b) or 12.2(a)(ii) and (iii)': Additional Comments Please provide any additional details about the process worth noting. All comments welcomed. Signing Pages EXECUTED as a deed Executed by South West Aboriginal Land & Sea Council Aboriginal Corporation ICN 3832 in accordance with its constitution in the presence of: Signature of authorised representative Signature of authorised representative Full name of authorised representative Full name of authorised representative Date Date Executed by Enter details here ACN: Click here to enter text. in accordance with section 127(1) of the Corporations Act 2001 (Commonwealth): ) ) ) ) ) Director’s signature (print name) Director/Secretary’s signature (print name) The Common Seal of Enter details here ACN: Click here to enter text. was hereunto affixed by authority of its Directors in the presence of: ) ) ) ) Director’s signature (print name) Director/Secretary’s signature (print name) Executed by Enter details here in the presence of: ) Witness’ signature

  • No Undisclosed Events, Liabilities, Developments or Circumstances No event, liability, development or circumstance has occurred or exists, or is reasonably expected to exist or occur with respect to the Company, any of its Subsidiaries or any of their respective businesses, properties, liabilities, prospects, operations (including results thereof) or condition (financial or otherwise), that (i) would be required to be disclosed by the Company under applicable securities laws on a registration statement on Form S-1 filed with the SEC relating to an issuance and sale by the Company of its Common Stock and which has not been publicly announced, (ii) could have a material adverse effect on any Buyer’s investment hereunder or (iii) could have a Material Adverse Effect.

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