Common use of Unlawfulness and invalidity Clause in Contracts

Unlawfulness and invalidity. (a) It is or becomes unlawful for an Obligor or any other member of the Group or any lender under any Shareholder Loan that is a party to the Intercreditor Agreement to perform any of its obligations under the Finance Documents or, subject to the Legal Reservations and Perfection Requirements any Transaction Security created or expressed to be created or evidenced by the Transaction Security Documents ceases to be effective or any subordination created under the Intercreditor Agreement is or becomes unlawful.

Unlawfulness and invalidity. (a) It is or becomes unlawful for an Obligor or any other member of the Group or any lender under any Shareholder Loan that is a party to the Intercreditor Agreement to perform any of its obligations under the Finance Documents or, subject or Material NEXT System Documents to the Legal Reservations and Perfection Requirements which it is a party or any Transaction Security created or expressed to be created or evidenced by the Transaction Security Documents ceases to be effective or any subordination or priority arrangement created under any Subordination Agreement or the Motorola Intercreditor Agreement is or becomes unlawful.

Unlawfulness and invalidity. (a) It is or becomes unlawful for an a Grantor, Obligor or any other member of the Group or any lender under any Shareholder Loan that is a party to the Intercreditor Agreement to perform any of its obligations under the Finance Documents or, subject to the Legal Reservations and Perfection Requirements or any Transaction Security created or expressed to be created or evidenced by the Transaction Security Documents ceases to be effective or any subordination created under the Intercreditor Agreement Subordination Deed or the Deed of Priority is or becomes unlawful.

Unlawfulness and invalidity. (a) It is or becomes unlawful for an Obligor or any other member of the Group or any lender under any document evidencing Shareholder Loan Funding that is a party to the Intercreditor Agreement to perform any of its obligations under the Finance Documents or, subject to the Legal Reservations and Perfection Requirements any Transaction Security created or expressed to be created or evidenced by the Transaction Security Documents ceases to be effective or any subordination created under the Intercreditor Agreement is or becomes unlawful.

Unlawfulness and invalidity. (a) It is or becomes unlawful for an a Transaction Obligor or any other member of the Group or any lender under any Shareholder Loan that is a party to the Intercreditor Agreement to perform any of its material obligations under the Finance Documents or, subject to the Legal Reservations and Perfection Requirements or any Transaction Security created or expressed to be created or evidenced by the Transaction Security Documents ceases to be effective or any subordination created under the Intercreditor a Subordination Agreement is or becomes unlawful.

Unlawfulness and invalidity. (a) It is or becomes unlawful for an Obligor or any other member of the Group or any lender under any Shareholder Loan that is a party to the Intercreditor Agreement Company to perform any of its obligations under the Finance Documents or, subject to the Legal Reservations and Perfection Requirements or any Transaction Security created or expressed to be created or evidenced by the Transaction Security Documents ceases to be effective or any subordination created under the Intercreditor any Subordination Agreement is or becomes unlawful.

Unlawfulness and invalidity. (a) It is or becomes unlawful for an Obligor or any other or, in the case of the Intercreditor Agreement, a member of the Group or any lender under any Shareholder Loan that is a party to the Intercreditor Agreement Restricted Group, to perform any of its material obligations under any of the Finance Documents or, subject to or any of the Legal Reservations and Perfection Requirements any Transaction Security created or expressed to be created or evidenced by the Transaction Security Documents ceases to be effective or any subordination created under the Intercreditor Agreement is valid or becomes unlawful.

Unlawfulness and invalidity. (a) It is or becomes unlawful for an Obligor Obligor, or any other member of the Group or any lender under any Shareholder Loan that is a party to the an Acceptable Intercreditor Agreement Agreement, to perform any of its obligations under the Finance Transaction Documents or, subject or any Acceptable Intercreditor Agreement to the Legal Reservations and Perfection Requirements which it is a party or any Transaction Security Lien created or expressed to be created or evidenced by the Transaction a Security Documents Document ceases to be effective or any subordination created under the any Acceptable Intercreditor Agreement is or becomes unlawful.

Unlawfulness and invalidity. (a) It is or becomes unlawful for an Obligor or any other member of the Group or any lender under any Shareholder Loan that is a party to the Intercreditor Agreement to perform any of its obligations under the Finance Documents or, subject to the Legal Reservations and Perfection Requirements or any Transaction Security Interest created or expressed to be created or evidenced by the Transaction Security Documents ceases to be effective or any subordination created under the Intercreditor Agreement is or becomes unlawful.

Unlawfulness and invalidity. (a) It is or becomes unlawful for an Obligor or or, in the case of the Intercreditor Deed, any other member of the BST Group or any lender under any Shareholder Loan that is a party to the Intercreditor Agreement Deed to perform any of its material obligations under the Finance Documents or, subject to the Legal Reservations and Perfection Requirements or any Transaction Security created or expressed to be created or evidenced by the Transaction Security Documents ceases to be effective or any subordination created under the Intercreditor Agreement Deed is or becomes unlawful.

Unlawfulness and invalidity. (a) It is or becomes unlawful for an any Obligor or Security Provider (or any other member of the Group or any lender under any Shareholder Loan that is a party to the Intercreditor Agreement Agreement) to perform any of its obligations under the Finance Documents or, or (subject to the Legal Reservations and Perfection Requirements Reservations) any Transaction Security created or expressed to be created or evidenced by the Transaction Security Documents ceases to be effective or any subordination created under the Intercreditor Agreement is or becomes unlawful.

Unlawfulness and invalidity. (a) It is or becomes unlawful for an a Transaction Obligor or any other member of the Group or any lender under any Shareholder Loan that is a party to the Intercreditor Agreement to perform any of its obligations under the Finance Documents or, subject to the Legal Reservations and Perfection Requirements or any Transaction Security created or expressed to be created or evidenced by the Transaction Security Documents ceases to be effective effective, or any subordination created under the Intercreditor a Subordination Agreement is or becomes unlawful.

Unlawfulness and invalidity. (a) It is or becomes unlawful for an Obligor or any other member of the Group or which has entered into any lender under any Shareholder Loan that is a party to the Intercreditor Agreement Finance Document to perform any of its obligations under the Finance Documents or, subject to the Legal Reservations and Perfection Requirements or any Transaction Security created or expressed to be created or evidenced by the Transaction Security Documents ceases to be effective or any subordination created under the Intercreditor Agreement is or becomes unlawfuleffective.

Unlawfulness and invalidity. (a) It is or becomes unlawful for an Obligor or any other member of the Group or any lender under any Shareholder Loan that is a party to the Intercreditor Agreement to perform any of its obligations under the Finance Documents orDocuments, subject to the Legal Reservations and Perfection Requirements any Transaction Security created or expressed to be created or evidenced by the Transaction Security Documents ceases to be effective or any subordination created under the Intercreditor Agreement is or becomes unlawful.

Unlawfulness and invalidity. (a) 24.10.1 It is or becomes unlawful for an Obligor or any other member of the Group or any lender under any Shareholder Loan that is a party to the Intercreditor Agreement to perform any of its obligations under the Finance Documents or, subject to the Legal Reservations and Perfection Requirements or any Transaction Security created or expressed to be created or evidenced by the Transaction Security Documents ceases to be effective or any subordination created under the Intercreditor Agreement is or becomes unlawful.

Unlawfulness and invalidity. (ai) It is or becomes unlawful for an Obligor Obligor, or any other member of the Group or any lender under any Shareholder Loan that is a party to the Intercreditor Agreement Deed, to perform any of its obligations under the Finance Note Documents or, subject to the Legal Reservations and Perfection Requirements or any Transaction Security created or expressed to be created or evidenced by the Transaction Security Documents ceases to be effective or any subordination created under the Intercreditor Agreement Deed is or becomes unlawful.

Unlawfulness and invalidity. (a) It is or becomes unlawful for an a Transaction Obligor or any other member of the Group or any lender under any Shareholder Loan that is a party to the Intercreditor Agreement to perform any of its obligations under the Finance Documents or, subject to the Legal Reservations and Perfection Requirements or any Transaction Security created or expressed to be created or evidenced by the Transaction Security Documents ceases to be effective or any subordination created under the Intercreditor a Subordination Agreement is or becomes unlawful.

Unlawfulness and invalidity. (a) It is or becomes unlawful for an Obligor the Borrower, the Parent Guarantor or any other member of the Group or any lender under any Shareholder Loan a Material Company that is a party to the Intercreditor Agreement to perform any of its obligations under the Finance Documents or, subject to the Legal Reservations and Perfection Requirements or any Transaction Security created or expressed to be created or evidenced by the Transaction Security Documents ceases to be effective and this, individually or cumulatively, could reasonably be expected to materially adversely affect the interests of the Lenders or any subordination created under the Intercreditor Agreement is or becomes unlawful.

Unlawfulness and invalidity. (a) It is or becomes unlawful for an Obligor or any other member of the Group or any lender under any Shareholder Loan that is a party to the Intercreditor Agreement to perform any of its obligations under the Finance Documents or, subject to the Legal Reservations and Perfection Requirements or any Transaction Security created or expressed to be created or evidenced by the Transaction Security Documents ceases to be effective or any subordination created under the Intercreditor Agreement is or becomes unlawfulceases to be effective.

Unlawfulness and invalidity. (a) It is or becomes unlawful for an Obligor or or, any other member of the Group or any lender under any Shareholder Loan that is a party to the Intercreditor Agreement Agreement, to perform any of its material obligations under the Finance Documents or, subject to the Legal Reservations and Perfection Requirements or any Transaction Security created or expressed to be created or evidenced by the Transaction Security Documents ceases to be effective or any subordination created under the Intercreditor Agreement is or becomes unlawful.

Unlawfulness and invalidity. (a) It is or becomes unlawful for an Obligor Obligor, or any other member of the Group or any lender under any Shareholder Loan that is a party to the Intercreditor Agreement Deed, to perform any of its obligations under the Finance Documents or, subject to the Legal Reservations and Perfection Requirements any Transaction Security created or expressed to be created or evidenced by the Transaction Security Documents ceases to be effective or any subordination created under the Intercreditor Agreement Deed is or becomes unlawful.

Unlawfulness and invalidity. (a) It is or becomes unlawful for an Obligor Obligor, or any other member of the Group or any lender under any Shareholder Loan that is a party to the Intercreditor Agreement Deed, to perform any of its obligations under the Finance 103 Documents or, subject to the Legal Reservations and Perfection Requirements or any Transaction Security created or expressed to be created or evidenced by the Transaction Security Documents ceases to be effective or any subordination created under the Intercreditor Agreement Deed is or becomes unlawful.

Unlawfulness and invalidity. (a) It is or becomes unlawful for an Obligor or any other member of the Group or any lender under any Shareholder Loan that is a party to the Intercreditor Agreement to perform any of its obligations under the Finance Documents or, subject to the Legal Reservations and Perfection Requirements or any Transaction Security created or expressed to be created or evidenced by the Transaction Security Documents ceases to be effective or any subordination created under the Intercreditor Agreement is or becomes unlawful.

Unlawfulness and invalidity. (a) It is or becomes unlawful for an Obligor or any other a member of the Group or any lender under any Shareholder Loan that is a party to the Intercreditor Agreement to perform any of its obligations under the Finance Documents or, subject to the Legal Reservations and Perfection Requirements or any Transaction Security created or expressed to be created or evidenced by the Transaction Security Documents ceases to be effective or any subordination created under the Intercreditor Agreement is or becomes unlawful.

Unlawfulness and invalidity. (a) It is or becomes unlawful for an Obligor the Shareholder, the Borrower or any other member of the Group or any lender under any Shareholder Loan that is a party to the Intercreditor Agreement Sponsor to perform any of its obligations under the Finance Documents to which it is a party or, subject to the Legal Reservations and the Perfection Requirements any Requirements, the Transaction Security created or expressed to be created or evidenced by the Transaction Security Documents ceases to be effective or or, subject to the Legal Reservations and the Perfection Requirements, any subordination created under the Intercreditor Agreement any Subordination and Assignment Deed is or becomes unlawful.

Unlawfulness and invalidity. (a) It is or becomes unlawful for an Obligor or any other member of the Group or any lender under any Shareholder Loan that is a party to the Intercreditor Agreement to perform any of its obligations under the Finance Documents or, subject to the Legal Reservations and Perfection Requirements or any Transaction Security created or expressed to be created or evidenced by the Transaction Security Documents ceases to be effective or any subordination created under the Intercreditor a Subordination Agreement is or becomes unlawful.

Unlawfulness and invalidity. (a) 23.10.1 It is or becomes unlawful for an Obligor or any other member of the Group or any lender under any Shareholder Loan that is a party to the Intercreditor Agreement to perform any of its obligations under the Finance Documents or, subject to the Legal Reservations and Perfection Requirements or any Transaction Security created or expressed to be created or evidenced by the Transaction Security Documents ceases to be effective or any subordination created under the Intercreditor Agreement is or becomes unlawful.

Unlawfulness and invalidity. (a) It is or becomes unlawful for the Parent, an Obligor or any other member of the Group or any lender under any Shareholder Loan that is a party to the Intercreditor Subordination Agreement to perform any of its obligations under the Finance Documents or, subject to the Legal Reservations and Perfection Requirements or any Transaction Security created or expressed to be created or evidenced by the Transaction Security Documents ceases to be effective or any subordination created under the Intercreditor Subordination Agreement is or becomes unlawful.

Unlawfulness and invalidity. (a) It is or becomes unlawful for an Obligor or any other or, in the case of the Intercreditor Agreement, a member of the Group or any lender under any Shareholder Loan that is a party to the Intercreditor Agreement Group, to perform any of its obligations under any of the Finance Documents or, subject to or any of the Legal Reservations and Perfection Requirements any Transaction Security created or expressed to be created or evidenced by the Transaction Security Documents ceases to be effective valid or any subordination created becomes unlawful and the cessation or unlawfulness individually or cumulatively materially and adversely affects the interests of the Lenders (taken as a whole) under the Intercreditor Agreement is or becomes unlawfulFinance Documents.

Unlawfulness and invalidity. (a) 23.9.1 It is or becomes unlawful for an Obligor or or, any other member of the Group or any lender under any Shareholder Loan that is a party to the Intercreditor Agreement Shareholder’s Undertaking, to perform any of its obligations under the Finance Documents or, subject to the Legal Reservations and Perfection Requirements or any Transaction Security created or expressed to be created or evidenced by the Transaction Security Documents ceases to be effective or any subordination created under the Intercreditor Agreement Shareholder’s Undertaking or the guarantee created under the Enstar Guarantee is or becomes unlawful.

Unlawfulness and invalidity. (a) It is or becomes unlawful for an Obligor or any other member of the Borrower Group or any lender under any Shareholder Loan that is a party to the Intercreditor Agreement any Transaction Document to perform any of its obligations under the Finance Transaction Documents or, subject to the Legal Reservations and Perfection Requirements or any Transaction Security created or expressed to be created or evidenced by the Transaction Security Documents ceases to be effective or any subordination created under the Plateau Intercreditor Agreement is or the Global Intercreditor Agreement, ceases to be effective or becomes unlawful.

Unlawfulness and invalidity. (a) It is or becomes unlawful for an Obligor Obligor, or any other member of the Group or any lender under any Shareholder Loan that is a party to the Intercreditor Agreement Deed, to perform any of its obligations under the Finance Documents or, subject to the Legal Reservations and Perfection Requirements or any Transaction Security created or expressed to be created or evidenced by the Transaction Security Documents ceases to be effective or any subordination created under the Intercreditor Agreement Deed is or becomes unlawful.

Unlawfulness and invalidity. (a) It is or becomes unlawful for an Obligor or any other or, in the case of the Intercreditor Agreement, a member of the Group or any lender under any Shareholder Loan that is a party to the Intercreditor Agreement Restricted Group, to perform any of its material obligations under any of the Finance Documents orDocuments, subject to or any of the Legal Reservations and Perfection Requirements any Transaction Security created or expressed to be created or evidenced by the Transaction Security Documents ceases to be effective or any subordination created under the Intercreditor Agreement is valid or becomes unlawful.