Common use of Unlawfulness and invalidity Clause in Contracts

Unlawfulness and invalidity. (a) It is or becomes unlawful for an Obligor to perform any of its obligations under the Finance Documents.

Appears in 12 contracts

Samples: Facilities Agreement (Molson Coors Brewing Co), Facilities Agreement (Molson Coors Brewing Co), Facilities Agreement (Molson Coors Brewing Co)

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Unlawfulness and invalidity. (a) It is or becomes unlawful for an Obligor the Borrower to perform any of its obligations under the Finance Documents.

Appears in 12 contracts

Samples: Agreement (Wisekey International Holding S.A.), Facility Agreement (Randgold Resources LTD), Risk Sharing Facility Agreement

Unlawfulness and invalidity. (a) It is or becomes unlawful for an Obligor to perform any of its obligations under the Finance DocumentsDocuments or any Transaction Security created or expressed to be created or evidenced by the Transaction Security Documents ceases to be effective.

Appears in 8 contracts

Samples: Loan Agreement (Melco Crown Entertainment LTD), Agreement (Hafnia LTD), Facilities Agreement (Genesco Inc)

Unlawfulness and invalidity. (a) It is or becomes unlawful for an Obligor to perform any of its material obligations under the Finance Documents.

Appears in 6 contracts

Samples: Gtech Senior Facilities Agreement (International Game Technology PLC), Gtech Senior Facilities Agreement (International Game Technology PLC), Gtech Senior Facilities Agreement (International Game Technology PLC)

Unlawfulness and invalidity. (a) It is or becomes unlawful for an Obligor to perform any of its obligations under the Finance DocumentsDocuments or any security created or expressed to be created or evidenced by the Security Documents ceases to be effective or becomes unlawful.

Appears in 5 contracts

Samples: Facilty Agreement (Pra Group Inc), Fourth Amendment and Restatement Agreement (Pra Group Inc), And Restatement Agreement (Pra Group Inc)

Unlawfulness and invalidity. (a) It is or becomes unlawful for an Obligor to perform any of its obligations under the Finance DocumentsDocuments or any Transaction Security created or expressed to be created or evidenced by the Security Documents ceases to be effective or any subordination created in respect of a Subordinated Loan is or becomes unlawful.

Appears in 4 contracts

Samples: Term and Revolving Facilities Agreement, Term and Revolving Facilities Agreement (KNOT Offshore Partners LP), Term and Revolving Facilities Agreement (KNOT Offshore Partners LP)

Unlawfulness and invalidity. (a) 30.11.1 It is or becomes unlawful for an Obligor to perform any of its obligations under the Finance DocumentsDocuments or any Security Interest created or expressed to be created or evidenced by the Security Documents ceases to be effective.

Appears in 3 contracts

Samples: Facility Agreement (Navigator Holdings Ltd.), DryShips Inc., Navigator Holdings Ltd.

Unlawfulness and invalidity. (a) It is or becomes unlawful under any applicable jurisdiction for an Obligor to perform any of its obligations under the Finance DocumentsDocuments (in circumstances or to an extent which could reasonably be expected to have a Material Adverse Effect) or any Transaction Security created or expressed to be created or evidenced by the Security Documents ceases to be effective.

Appears in 3 contracts

Samples: Facility Agreement (Innospec Inc.), Revolving Facility Agreement (Innospec Inc.), Facility Agreement (Innospec Inc.)

Unlawfulness and invalidity. (a) It is or becomes unlawful for an Obligor to perform any of its obligations under the Finance Documents.Documents or any subordination created under the Finance Documents is or becomes unlawful; or

Appears in 2 contracts

Samples: Facility Agreement (Quartet Holdco Ltd.), Facility Agreement (Pangaea Logistics Solutions Ltd.)

Unlawfulness and invalidity. (a) It is or becomes unlawful for an Obligor to perform any of its obligations under the Finance DocumentsDocuments or any Finance Documents becomes invalid.

Appears in 2 contracts

Samples: Agreement (Tiffany & Co), S130333       Facility Agreement (Tiffany & Co)

Unlawfulness and invalidity. (a) 24.9.1 It is or becomes unlawful in any applicable jurisdiction for an Obligor to perform any of its obligations under the Finance Documents.

Appears in 2 contracts

Samples: Amendment and Restatement Agreement (Sibanye Gold LTD), Revolving Credit Facility Agreement (Sibanye Stillwater LTD)

Unlawfulness and invalidity. (a) a. It is or becomes unlawful for an Obligor to perform any of its obligations under the Finance DocumentsDocuments or any security created or expressed to be created or evidenced by the Security Documents ceases to be effective or becomes unlawful.

Appears in 2 contracts

Samples: Third Amendment and Restatement Agreement (Pra Group Inc), Pra Group Inc

Unlawfulness and invalidity. (a) It is or becomes unlawful for an Obligor Obligor, a Shareholder or the Charterer to perform any of its obligations under the Finance Documents.

Appears in 2 contracts

Samples: Agreement (Hoegh LNG Partners LP), Hoegh LNG Partners LP

Unlawfulness and invalidity. (a) 27.9.1 It is or becomes unlawful for an Obligor to perform any of its obligations under the Finance DocumentsDocuments or any Security Interest created or expressed to be created or evidenced by the Security Documents ceases to be effective.

Appears in 2 contracts

Samples: Agreement (Teekay Tankers Ltd.), Agreement (Teekay Tankers Ltd.)

Unlawfulness and invalidity. (a) It is or becomes unlawful for an Obligor to perform any of its obligations under the Finance DocumentsDocuments or any Security Interest created or expressed to be created or evidenced by the Security Documents ceases to be effective.

Appears in 2 contracts

Samples: Agreement (Navigator Holdings Ltd.), Navigator Holdings Ltd.

Unlawfulness and invalidity. (a) It is or becomes unlawful for an Obligor or any other person to perform any of its obligations under the Finance DocumentsDocuments or any security created by the Security Documents ceases to be effective.

Appears in 2 contracts

Samples: Agreement (Cool Co Ltd.), Agreement (Cool Co Ltd.)

Unlawfulness and invalidity. (a) 30.12.1 It is or becomes unlawful for an Obligor to perform any of its obligations under the Finance DocumentsDocuments or any Security Interest created or expressed to be created or evidenced by the Security Documents ceases to be effective.

Appears in 2 contracts

Samples: Facility Agreement (Quintana Shipping Ltd.), Navigator Holdings Ltd.

Unlawfulness and invalidity. (a) 31.12.1 It is or becomes unlawful for an Obligor to perform any of its obligations under the Finance DocumentsDocuments or any Security Interest created or expressed to be created or evidenced by the Security Documents ceases to be effective.

Appears in 2 contracts

Samples: Facility Agreement (Navigator Holdings Ltd.), Navigator Holdings Ltd.

Unlawfulness and invalidity. (a) It is or becomes unlawful for an Obligor to perform any of its material obligations under the Finance Transaction Documents.

Appears in 2 contracts

Samples: Facility Agreement (Gran Tierra Energy Inc.), Prepayment Agreement (GeoPark LTD)

Unlawfulness and invalidity. (a) It is or becomes unlawful for an Obligor to perform any of its obligations under the Finance DocumentsDocuments or any Transaction Security created or expressed to be created or evidenced by the Transaction Security Documents ceases to be effective or is or becomes unlawful.

Appears in 2 contracts

Samples: South Texas Supply Company, Inc., South Texas Supply Company, Inc.

Unlawfulness and invalidity. (a) It is or becomes unlawful for an Obligor to perform any of its obligations under the Finance Documents.

Appears in 2 contracts

Samples: Assignment Agreement (Marine Harvest ASA), Agreement (Anheuser-Busch InBev S.A.)

Unlawfulness and invalidity. (a) It is or becomes unlawful for an Obligor or Mxxxxx to perform any of its obligations under the Finance Documents.

Appears in 1 contract

Samples: Export Financing Agreement (Sigma Lithium Corp)

Unlawfulness and invalidity. (a) It is or becomes unlawful for an Obligor to perform any of its obligations under the Finance DocumentsDocuments or any Encumbrance created or expressed to be created or evidenced by the Security Documents ceases to be effective.

Appears in 1 contract

Samples: Performance Shipping Inc.

Unlawfulness and invalidity. (a) It is or becomes unlawful for an Obligor or the Parent to perform any of its material obligations under the Finance Documents.

Appears in 1 contract

Samples: Facilities Agreement (ShangPharma Corp)

Unlawfulness and invalidity. (a) It is or becomes unlawful for an Obligor to perform any of its obligations under the Finance Documents.Documents or any Transaction Security created or expressed to be created or evidenced by the Security Documents ceases to be effective or any subordination created in respect of a Subordinated Loan is or becomes unlawful. 76/120

Appears in 1 contract

Samples: Term Facility Agreement

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Unlawfulness and invalidity. (a) It is or becomes unlawful for an Obligor to perform any of its obligations under the Finance DocumentsTransaction Documents or any encumbrance created or expressed to be created or evidenced by the Security Documents ceases to be effective.

Appears in 1 contract

Samples: Loan Facility Agreement (DHT Holdings, Inc.)

Unlawfulness and invalidity. (ai) It it is or becomes unlawful for an Obligor the Issuer to perform any of its material obligations under the Finance Documents.; or

Appears in 1 contract

Samples: assets.abundanceinvestment.com

Unlawfulness and invalidity. (a) It is or becomes unlawful for an Obligor or Pledgor to perform any of its obligations under the Finance Documents.

Appears in 1 contract

Samples: Independent Guarantee Agreement (HeadHunter Group PLC)

Unlawfulness and invalidity. (a) 22.10.1 It is or becomes unlawful for an Obligor to perform any of its obligations under the Finance DocumentsDocuments or any Transaction Security created or expressed to be created or evidenced by the Transaction Security Documents ceases to be effective.

Appears in 1 contract

Samples: Revolving Credit Facility Agreement (Karooooo Ltd.)

Unlawfulness and invalidity. (a) 24.9.1 It is or becomes unlawful for an Obligor to perform any of its obligations under the Finance Documents.

Appears in 1 contract

Samples: Facility Agreement (Sibanye Gold LTD)

Unlawfulness and invalidity. (a) It is or becomes unlawful for an Obligor to perform any of its obligations under the Finance Documents.Documents or any Transaction Security created or expressed to be created or evidenced by the Transaction Security Documents ceases to be effective. Xxxxx Lovells

Appears in 1 contract

Samples: Facilities Agreement (Enstar Group LTD)

Unlawfulness and invalidity. (a) It is or becomes unlawful for an Obligor Obligor, to perform any of its obligations under the Finance DocumentsDocuments or any Transaction Security created or expressed to be created or evidenced by the Transaction Security Documents ceases to be effective.

Appears in 1 contract

Samples: Enstar Group LTD

Unlawfulness and invalidity. (a) It is or becomes unlawful for an Obligor to perform any of its obligations under the Finance DocumentsDocuments or any Transaction Encumbrance ceases to be effective.

Appears in 1 contract

Samples: Performance Shipping Inc.

Unlawfulness and invalidity. (a) It is or becomes unlawful for an Obligor to perform any of its obligations under the Finance Interim Documents.

Appears in 1 contract

Samples: Credit Agreement (Platform Specialty Products Corp)

Unlawfulness and invalidity. (a) It is or becomes unlawful for an Obligor to perform any of its obligations under the Finance DocumentsDocuments .

Appears in 1 contract

Samples: Facilities Agreement (Luxfer Holdings PLC)

Unlawfulness and invalidity. (a) It is or becomes unlawful for an Obligor to perform any of its obligations under the Finance DocumentsDocuments or any Transaction Security ceases to be effective.

Appears in 1 contract

Samples: Agreement (Danaos Corp)

Unlawfulness and invalidity. (a) It is or becomes unlawful for an Obligor to perform any of its obligations under the any Finance DocumentsDocument.

Appears in 1 contract

Samples: Credit Facilities Agreement (Qiagen Nv)

Unlawfulness and invalidity. (a) It is or becomes unlawful for an Obligor or any Security Provider to perform any of its material obligations under the Finance DocumentsDocuments or any subordination effected or purported to be effected under the Finance Documents is or becomes unlawful.

Appears in 1 contract

Samples: Facility Agreement (First Solar, Inc.)

Unlawfulness and invalidity. (aA) It is or becomes unlawful for an Obligor to perform any of its obligations under the Finance Documents.

Appears in 1 contract

Samples: Agreement (Endava PLC)

Unlawfulness and invalidity. (a) It is or becomes unlawful for an Obligor to perform any of its material obligations under the Finance DocumentsDocuments or any Transaction Security created or expressed to be created or evidenced by the Transaction Security Documents ceases to be effective.

Appears in 1 contract

Samples: Assignment Agreement (Central European Media Enterprises LTD)

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