Common use of Illegal Acts Clause in Contracts

Illegal Acts. Irrespective of anything contained herein which could be interpreted to the contrary, no provision of this Agreement or any amendment or supplement hereto shall be deemed to impose any duty or obligation on ASFC to perform any act in the exercise of any right, duty or obligation which under present or future law shall be unlawful, or which shall be beyond the corporate powers, authorization or qualifications of ASFC.

Appears in 6 contracts

Samples: Participation Agreement (American States Financial Corp), American States Financial Corp, American States Financial Corp

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