Unlawfulness Sample Clauses

Unlawfulness. It is or becomes unlawful for an Obligor to perform any of its obligations under the Finance Documents.
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Unlawfulness. It is or becomes unlawful for the Borrower to perform any of its obligations under the Finance Documents.
Unlawfulness any Unlawfulness occurs or it becomes impossible or unlawful at any time for any Security Party, to fulfil any of the covenants and obligations expressed to be assumed by it in any of the Security Documents or for a Bank to exercise the rights or any of them vested in it under any of the Security Documents or otherwise; or
Unlawfulness. At any time it is unlawful or impossible for:
Unlawfulness. It is or becomes unlawful for any person other than a Finance Party to perform any of its obligations under the Finance Documents.
Unlawfulness it becomes impossible or unlawful at any time for any Security Party, to fulfil any of the covenants and obligations expressed to be assumed by it in any of the Security Documents or for a Creditor to exercise the rights or any of them vested in it under any of the Security Documents or otherwise; or
Unlawfulness. If it is or becomes contrary to any law or regulation for the Bank to make any Advance or to maintain the Commitment or fund the Loan, the Bank shall promptly give notice to the Borrowers whereupon (a) the Commitment shall be reduced to zero and (b) the Borrowers shall be obliged to prepay the Loan either (i) forthwith or (ii) on a future specified date not being earlier than the latest date permitted by the relevant law or regulation together with interest and commitment commission accrued to the date of prepayment and all other sums payable by the Borrowers under this Agreement and/or the Master Swap Agreement.
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Unlawfulness. If it is or becomes contrary to any law, directive or regulation for any Lender to contribute to an Advance or to maintain its Commitment or fund its Contribution to the Loan or any Advance, such Lender shall promptly, through the Agent, give notice to the Borrowers whereupon (a) such Lender’s Contribution and Commitment shall be reduced to zero and (b) the Borrowers shall be obliged to prepay such Lender’s Contribution either (i) forthwith or (ii) on a future specified date not being earlier than the latest date permitted by the relevant law, directive or regulation together with interest accrued to the date of prepayment and all other sums payable by the Borrowers under this Agreement.
Unlawfulness. Regardless of any other provision of this Agreement, in the event that the Lender notifies the Borrower that by reason of:
Unlawfulness. (a) It is or becomes unlawful for an Obligor or a Non-Obligor Chargor to perform any of its obligations under any Finance Document or, subject to the Reservations, any Transaction Security created or expressed to be created or evidenced by the Transaction Security Documents ceases to be effective or any subordination under the Intercreditor Agreement becomes unlawful.
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