Common use of Illegality Clause in Contracts

Illegality. Due to the adoption of, or any change in, any applicable law after the date on which a Transaction is entered into, or due to the promulgation of, or any change in, the interpretation by any court, tribunal or regulatory authority with competent jurisdiction of any applicable law after such date, it becomes unlawful (other than as a result of a breach by the party of Section 4(b)) for such party (which will be the Affected Party):—

Appears in 195 contracts

Samples: Master Agreement (BMW Fs Securities LLC), Master Agreement (Financial Services Vehicle Trust), Master Agreement (Toyota Auto Finance Receivables LLC)

AutoNDA by SimpleDocs

Illegality. Due to the adoption of, or any change in, any applicable law after the date on which a Transaction is entered into, or due to the promulgation of, or any change in, the interpretation by any court, tribunal or regulatory authority with competent jurisdiction of any applicable law after such date, it becomes unlawful (other than as a result of a breach by the party of Section 4(b)) for such party (which will be the Affected Party):):

Appears in 93 contracts

Samples: Master Agreement (Arcos Dorados Holdings Inc.), Master Agreement, Master Agreement

Illegality. Due to the adoption of, or any change in, any applicable law after the date on which a Transaction is entered into, or due to the promulgation of, or any change in, the interpretation by any court, tribunal or regulatory authority with competent jurisdiction of any applicable law after such date, it becomes unlawful (other than as a result of a breach by the party of Section 4(b)) for such party (which will be the Affected Party):—Party):-

Appears in 71 contracts

Samples: Long Term Power Purchase Agreement, Long Term Power Purchase Agreement, Master Agreement

Illegality. Due to the adoption of, or any change in, any applicable law after the date on which a Transaction is entered into, or due to the promulgation of, or any change in, the interpretation by any court, tribunal or regulatory authority with competent jurisdiction of any applicable law after such date, it becomes unlawful (other than as a result of a breach by the party of Section 4(b)) for such party (which will be the Affected Party):

Appears in 65 contracts

Samples: Master Agreement (Vw Credit Leasing LTD), Swap Agreement (Volkswagen Auto Lease/Loan Underwritten Funding, LLC), Swap Agreement (Carmax Auto Funding LLC)

Illegality. Due to the adoption of, or any change in, any applicable law after the date on which a Transaction is entered into, or due to the promulgation of, or any change in, the interpretation by any court, tribunal or regulatory authority with competent jurisdiction of any applicable law after such date, it becomes unlawful (other than as a result of a breach by the party of Section 4(b)) for such party (which will be the Affected Party):—Party):--

Appears in 20 contracts

Samples: Master Agreement (RFMSI Series 2007-S1 Trust), Master Agreement (BA Credit Card Trust), Master Agreement (BA Master Credit Card Trust II)

Illegality. Due to the adoption of, or any change in, any applicable law after the date on which a Transaction is entered into, or due to the promulgation of, or any change in, the interpretation by any court, tribunal or regulatory authority with competent jurisdiction of any applicable law after such date, it becomes unlawful (other than as a result of a breach by the party of Section 4(b)) for such party (which will be the Affected Party):—): -

Appears in 15 contracts

Samples: Master Agreement (Washington Mutual Asset-Backed Certificates, WMABS Series 2007-He1), Master Agreement (GSAA Home Equity Trust 2006-3), Master Agreement (GSAA Home Equity Trust 2006-4)

Illegality. Due to the adoption of, or any change in, any applicable law after the date on which a Transaction is entered into, or due to the promulgation of, or any change in, the interpretation by any court, tribunal or regulatory authority with competent jurisdiction of any applicable law after such date, it becomes unlawful (other than as a result of a breach by the party of Section 4(b)) for such party (which will be the Affected Party):—Party);-

Appears in 14 contracts

Samples: Letter Agreement (Sacyr Vallehermoso, S.A.), Master Agreement (Sacyr Vallehermoso, S.A.), Master Agreement (Granite Mortgages 03-2 PLC)

Illegality. Due to the adoption of, or any change in, any applicable law after the date on which a Transaction is entered into, or due to the promulgation of, or any change in, the interpretation by any court, tribunal or regulatory authority with competent jurisdiction of any applicable law after such date, it becomes unlawful (other than as a result of a breach by the party of Section 4(b)) for such party (which will be the Affected Party):?

Appears in 12 contracts

Samples: Master Agreement (Holmes Master Issuer), Master Agreement (Mbna America Bk Nat Assoc Mbna Master Credit Card Trust Ii), Master Agreement (Holmes Master Issuer)

Illegality. Due to the adoption of, or any change in, any applicable law after the date on which a Transaction is entered into, or due to the promulgation of, or any change in, the interpretation by any court, tribunal or regulatory authority with competent jurisdiction of any applicable law after such date, . it becomes unlawful (other than as a result of a breach by the party of Section 4(b)) for such party (which will be the Affected Party):—

Appears in 10 contracts

Samples: Master Agreement (HomeBanc Mortgage Trust 2005-4), Master Agreement (Novastar Mortgage Funding Trust, Series 2007-1), Master Agreement (NovaStar Certificates Financing CORP)

Illegality. Due to the adoption of, or any change in, any applicable law after the date on which a Transaction is entered into, or due to the promulgation of, or any change in, the interpretation by any court, court tribunal or regulatory authority with competent jurisdiction of any applicable law after such date, it becomes unlawful (other than as a result of a breach by the party of Section 4(b)) for such party (which will be the Affected Party):—Party):-

Appears in 8 contracts

Samples: Master Agreement (World Omni Auto Receivables Trust 2008-B), Master Agreement (World Omni Auto Receivables LLC), Master Agreement (World Omni Auto Receivables Trust 2007-A)

Illegality. Due to the adoption of, or any change in, any applicable law after the date on which a Transaction is entered into, or due to the promulgation of, or any change in, the interpretation by any court, tribunal or regulatory authority with competent jurisdiction of any applicable law after such date, it becomes unlawful (other than as a result of a breach by the party of Section Clause 4(b)) for such party (which will be the Affected Party):

Appears in 8 contracts

Samples: Isda Master Agreement (Holmes Master Issuer), Master Agreement (Holmes Master Issuer), Master Agreement (Holmes Master Issuer)

Illegality. Due to the adoption of, or any change in, any applicable law after the date on which a Transaction is entered into, or due to the promulgation of, or any change in, the interpretation by any court, tribunal or regulatory authority with competent jurisdiction of any applicable law after such date, it becomes unlawful (other than as a result of a breach by the party of Section 4(b)) for such party (which will be the Affected Party):

Appears in 5 contracts

Samples: Custodial Agreement (Home Equity Mortgage Trust 2005-5), Pooling and Servicing Agreement (CSFB Home Equity Mortgage Trust 2005-3), Disclosure Agreement (SLM Private Credit Student Loan Trust 2006-A)

Illegality. Due to the adoption of, or any change in, any applicable law Applicable Law after the date on which a Transaction is entered intoEffective Date, or due to the promulgation of, or any change in, the interpretation by any court, tribunal or regulatory authority with competent jurisdiction of any applicable law Applicable Law after such date, it becomes unlawful (other than as a result of a breach by the party of Section 4(b)6.2) for such party (which will be the Affected Party):—a party:

Appears in 3 contracts

Samples: Escrow Agreement, Offer Capacity Agreement, Standard Offer Capacity Agreement

Illegality. Due to the adoption of, or any change in, any applicable law after the date on which a Transaction is entered into, or due to the promulgation of, or any change in, the interpretation by any court, court tribunal or regulatory authority with competent jurisdiction of any applicable law after such date, it becomes unlawful (other than as a result of a breach by the party of Section 4(b)) for such party (which will be the Affected Party):

Appears in 3 contracts

Samples: Master Agreement (Packaging Dynamics Corp), Master Agreement (NCT Funding Co LLC), Master Agreement (NCT Funding Co LLC)

Illegality. Due to the adoption of, or any change in, any applicable law after the date on which a Transaction is entered into, or due to the promulgation of, or any change in, the interpretation by any court, tribunal or regulatory authority with competent jurisdiction of any applicable law after such date, . it becomes unlawful (other than as a result of a breach by the party of Section 4(b)) for such party (which will be the Affected Party):):

Appears in 3 contracts

Samples: Master Agreement (NovaStar Mortgage Funding Trust, Series 2006-1), Master Agreement (NovaStar Mortgage Funding Trust, Series 2006-1), Master Agreement (NovaStar Mortgage Funding Trust, Series 2006-1)

Illegality. Due to the adoption of, or any change in, any applicable law after the date on which a Transaction is entered into, or due to the promulgation of, or any change in, the interpretation by any court, tribunal or regulatory authority with competent jurisdiction of any applicable law after such date, it is becomes unlawful (other than as a result of a breach by the party of Section 4(b)) for such party (which will be the Affected Party):

Appears in 1 contract

Samples: Isda Master Agreement (International Rectifier Corp /De/)

Illegality. Due to the adoption of, or any change inii), any applicable law after the date on which a Transaction is entered into, or due to the promulgation of, or any change in, the interpretation by any court, tribunal or regulatory authority with competent jurisdiction of any applicable law after such date, it becomes unlawful (other than as a result of a breach by the party of Section 4(b)) for such party (which will be the Affected Party):—): -

Appears in 1 contract

Samples: Master Agreement (United States Lime & Minerals Inc)

Illegality. Due to the adoption of, or any change in, any applicable law after the date on which a Transaction is entered into, or due to the promulgation of, or any change in, in the interpretation by any court, tribunal or regulatory authority with competent jurisdiction of any applicable law after such date, it becomes unlawful (other than as a result of a breach by the party of Section 4(b)) for such party (which will be the Affected Party):—:

Appears in 1 contract

Samples: Master Agreement (Cmgi Inc)

Illegality. Due to the adoption of, or any change in, any applicable law after the date on which a Transaction is entered into, or due to the promulgation of, or any change in, the interpretation by any court, court tribunal or regulatory authority with competent jurisdiction of any applicable law after such date, it becomes unlawful (other than as a result of a breach by the party of Section 4(b)) for such party (which will be the Affected Party):—

Appears in 1 contract

Samples: Master Agreement (Adesa Inc)

Illegality. Due to the adoption of, or any change in, any applicable law after the date on which a Transaction is entered into, or due to the promulgation of, or any change in, the interpretation by any court, tribunal or regulatory authority with competent jurisdiction of any applicable law after such date, it becomes unlawful (other than as a result of a breach by the party of Section Clause 4(b)) for such party (which will be the Affected Party):—): Back to Contents

Appears in 1 contract

Samples: Isda Master Agreement (Holmes Master Issuer)

Illegality. Due to the adoption of, or any change in, any applicable law after the date on which a Transaction transaction is entered into, or due to the promulgation of, or any change in, the interpretation by any court, tribunal or regulatory authority with competent jurisdiction of any applicable law after such date, it becomes unlawful (other than as a result of a breach by the party of Section 4(b)) for such party (which will be the Affected Party):—): -

Appears in 1 contract

Samples: Master Agreement (Metropolis Realty Trust Inc)

Illegality. Due to the adoption of, or any change in, any applicable law after the date on which a Transaction is entered into, or due to the promulgation of, or .or any change in, the interpretation by any court, tribunal or regulatory authority with competent jurisdiction of any applicable law after such date, it becomes unlawful (other than as a result of a breach by the party of Section 4(b)) for such party (which will be the Affected Party):

Appears in 1 contract

Samples: Master Agreement (Industrial Services of America Inc /Fl)

Illegality. Due to the adoption of, or any change in, any applicable law after the date on which a Transaction is entered into, or due to the promulgation of, or any change in, the interpretation by any court, tribunal or regulatory authority with competent jurisdiction of any applicable law after such date, it becomes unlawful (other than as a result of a breach by the party of Section 4(b)) for such party (which will be the Affected Party):—) to perform any absolute or contingent obligation to make a payment or to receive a payment in respect of such Transaction or to comply with any other material provision of this Agreement relating to such Transaction;

Appears in 1 contract

Samples: Master Swap Agreement

Illegality. Due to the adoption of, or any change in, any applicable law aw after the date on which a Transaction is entered into, or due to the promulgation of, or any change in, the interpretation by any court, tribunal or regulatory authority with competent jurisdiction of any applicable law after such date, it becomes unlawful (other than as a result of a breach by the party of Section 4(b)) for such party (which will be the Affected Party):—Party):-

Appears in 1 contract

Samples: Master Agreement (Lease Investment Flight Trust)

Illegality. Due to the adoption of, or any change in, any applicable law after the date on which a Transaction is entered into, or due to the promulgation of, or any change in, the interpretation by any court, tribunal or regulatory authority with competent jurisdiction of any applicable law after such date, . it becomes unlawful (other than as a result of a breach by the party of Section 4(b)) for such party (which will be the Affected Party):—Party):-

Appears in 1 contract

Samples: Master Agreement (RALI Series 2006-Qa5 Trust)

Illegality. Due If, due to the adoption of, or any change in, any applicable law after the date on which a Transaction is entered into, or due to the promulgation of, or any change in, the interpretation by any court, tribunal or regulatory authority with competent jurisdiction of any applicable law after such that date, it becomes unlawful (other than as a result of a breach by the relevant party of Section 4(b)Clause 3) for such party a Party (which will be the "Affected Party"):

Appears in 1 contract

Samples: Trading Master Agreement

AutoNDA by SimpleDocs

Illegality. Due to the adoption of, or any change in, any applicable law after the date on which a Transaction is entered into, or due to the promulgation of, or any change in, the interpretation by any court, tribunal or regulatory authority with competent jurisdiction of any applicable law after such date, it becomes unlawful (other than as a result of a breach by the party of Section 4(b)) for such party (which will be the Affected Party):—) :-

Appears in 1 contract

Samples: Master Agreement

Illegality. Due to the adoption of, or any change in, any applicable law after the date on which a Transaction is entered into, or due to the promulgation of, or any change in, the interpretation by any court, tribunal or regulatory authority with competent jurisdiction of any applicable law after such date, . it becomes unlawful (other than as a result of a breach by the party of Section 4(b)) for such party (which will be the Affected Party):—Party):--

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Specialty Underwriting & Residential Finance Trust, Series 2007-Bc2)

Illegality. Due to the adoption of, or any change in, any applicable law after the date on which a Transaction is entered into, or due to the promulgation of, or any change in, the interpretation by any court, tribunal or regulatory authority with competent jurisdiction of any applicable law after such date, it becomes unlawful (other than as a result of a breach by the party of Section 4(b)) for such party (which will be the Affected Party):—): --

Appears in 1 contract

Samples: Master Agreement (Mohawk Industries Inc)

Illegality. Due to the adoption of, or any change in, any applicable law after the date on which a Transaction is entered into, or due to the promulgation of, or any change in, the interpretation by any court, tribunal or regulatory authority with competent jurisdiction of any applicable law after such date, it becomes unlawful (other than as a result of a breach by the party of Section 4(b)) for such party (which will be the Affected Party):—Party):¾

Appears in 1 contract

Samples: Master Agreement (Australian Securitisation Management Pty LTD)

Illegality. Due to the adoption of, or any change in, any applicable law after the date on which a Transaction is entered into, or due to the promulgation of, or any change in, the interpretation by any court, tribunal or regulatory authority with competent jurisdiction of any applicable law after such date, it becomes unlawful (other than as a result of a breach by the party of Section 4(b)) for such party (which will be the Affected Party):

Appears in 1 contract

Samples: Master Agreement (Lillian Vernon Corp)

Illegality. Due to the adoption of, or any change in, any applicable law after the date on which a Transaction is entered into, or due to the promulgation of, or any change in, the interpretation by any court, tribunal or regulatory authority with competent jurisdiction of any applicable law after such date, it becomes unlawful (other than as a result of a breach by the party of Section 4(b)) for such party (which will be the Affected Party):):

Appears in 1 contract

Samples: Master Agreement (Brookstone Inc)

Illegality. Due to the adoption of, or any change in, any applicable law after the date on which a Transaction is entered into, or due to the promulgation of, or any change in, the interpretation by any court, tribunal or regulatory authority with competent jurisdiction of any applicable law after such date, it becomes unlawful (other than as a result of a breach by the party of Section 4(b)) for such party (which will be the Affected Party):—): ?

Appears in 1 contract

Samples: Pooling and Servicing Agreement (MASTR Asset Backed Securities Trust 2005-He2)

Illegality. Due to the adoption of, or any change in, any applicable law after the date on which a Transaction is entered into, or due to the promulgation of, or any change in, the interpretation by any court, tribunal or regulatory authority with competent jurisdiction of any applicable law after such ISDA® 1992 date, it becomes unlawful (other than as a result of a breach by the party of Section 4(b)) for such party (which will be the Affected Party):—

Appears in 1 contract

Samples: Disclosure Agreement

Illegality. Due If, due to the adoption of, or any change in, any applicable law after the date on which a Transaction is entered into, or due to the promulgation of, or any change in, the interpretation by any court, tribunal or regulatory authority with competent jurisdiction of of, any applicable law after such that date, it becomes unlawful (other than as a result of a breach by the party relevant Party of Section 4(b)Clause 4.2.6) for such party a Party (which will be the Affected Party):—”)

Appears in 1 contract

Samples: www.semcommittee.com

Illegality. Due to the adoption of, ; or any change in, any applicable law after the date on which a Transaction is entered into, or due to the promulgation of, or any change in, the interpretation by any court, tribunal or regulatory authority with competent jurisdiction of any applicable law after such date, it becomes unlawful (other than as a result of a breach by the party of Section 4(b)) for such party (which will be the Affected Party):—Party):-

Appears in 1 contract

Samples: Master Agreement (Federated Investors Inc /Pa/)

Illegality. Due to the adoption of, or any change in, any applicable law after the date on which a Transaction is entered into, or due to the promulgation of, or any change in, in the interpretation by any court, tribunal or regulatory authority with competent jurisdiction of any applicable law after such date, it becomes unlawful (other than as a result of a breach by the party of Section 4(b)) for such party (which will be the Affected Party):—Party):-

Appears in 1 contract

Samples: Aggregate Repricing Agreement (Norske Skog Canada LTD)

Illegality. Due to the adoption of, or any change in, any applicable law after the date on which a Transaction is entered into, or due to the promulgation of, or any change in, the interpretation by any court, tribunal or regulatory authority with competent jurisdiction of any applicable law after such date, it becomes unlawful (other than as a result of a breach by the party of Section 4(b)) for 4(b))for such party (which will be the Affected Party):—Party):--

Appears in 1 contract

Samples: Master Agreement (Insurance Auto Auctions Inc /Ca)

Illegality. Due to the adoption of, or any change in, any applicable law after the date on which a Transaction is entered into, or due to the promulgation of, or any change in, the interpretation by any court, tribunal tribunal, or regulatory authority with competent jurisdiction of any applicable law after such date, it becomes unlawful (other than as a result of a breach by the party of Section 4(b)) for such party (which will be the Affected Party):

Appears in 1 contract

Samples: Master Agreement (Imc Global Inc)

Illegality. Due to the adoption of, or any change in, any applicable law after the date on which a Transaction is entered into, or due to the promulgation of, or any change in, the interpretation by any court, tribunal or regulatory authority with competent jurisdiction of any applicable law after such date, it becomes unlawful (other than as a result of a breach by the party of Section 4(b)) for such party (which will be the Affected Party):*

Appears in 1 contract

Samples: Master Agreement (Permanent Master Issuer PLC)

Illegality. Due to the adoption of, or any change in, any applicable law after the date on of which a Transaction is entered into, or due to the promulgation of, or any change in, the interpretation by any court, tribunal or regulatory authority with competent jurisdiction of any applicable law after such date, it becomes unlawful (other than as a result of a breach by the party of Section 4(b)) for such party (which will be the Affected Party):

Appears in 1 contract

Samples: Master Agreement (Panda Global Holdings Inc)

Illegality. Due to the adoption of, or any change in, any applicable law after the date on which a whicha Transaction is entered into, or due to the promulgation of, or any change in, the interpretation by any byany court, tribunal or regulatory authority with competent jurisdiction of any applicable law after such aftersuch date, it becomes unlawful (other than as a result of a breach by the party of Section 4(b)) for such forsuch party (which will be the Affected Party):—

Appears in 1 contract

Samples: Master Agreement (Deutsche Alt-a Securities Mortgage Loan Trust, Series 2007-1)

Time is Money Join Law Insider Premium to draft better contracts faster.