Common use of Unlawfulness Clause in Contracts

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

Appears in 38 contracts

Samples: Agreement (Navios Maritime Acquisition CORP), Agreement (Navios Maritime Partners L.P.), Agreement (Navios Maritime Partners L.P.)

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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 the Bank to exercise the rights or any of them vested in it under any of the Security Documents or otherwise; or

Appears in 19 contracts

Samples: Loan Agreement (Safe Bulkers, Inc.), Loan Agreement (Safe Bulkers, Inc.), Loan Agreement (Safe Bulkers, Inc.)

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 the Lender to exercise the rights or any of them vested in it under any of the Security Documents or otherwise; or

Appears in 10 contracts

Samples: Agreement (NewLead Holdings Ltd.), Agreement (StealthGas Inc.), Agreement (StealthGas Inc.)

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 Loan Documents or for a Bank the Lender to exercise the rights or any of them vested in it under any of the Security Loan Documents or otherwise; or

Appears in 7 contracts

Samples: Secured Loan Agreement (Navios Maritime Holdings Inc.), Loan Agreement (Navios Maritime Holdings Inc.), Secured Loan Agreement (Navios Maritime Holdings Inc.)

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 the Bank to exercise the rights or any of them vested in it under any of the Security Documents or otherwise; or

Appears in 2 contracts

Samples: Loan Agreement (Navios Maritime Holdings Inc.), Agreement (Navios Maritime Acquisition CORP)

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 any of the Underlying Documents or for a the Bank to exercise the rights or any of them vested in it under any of the Security Documents or otherwise; or

Appears in 2 contracts

Samples: Supplemental Agreement (Top Ships Inc.), Agreement (Top Tankers Inc.)

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 Creditor Party to exercise the rights or any of them vested in it under any of the Security Documents or otherwise; or

Appears in 2 contracts

Samples: Agreement (Navios Maritime Acquisition CORP), Navios Maritime Acquisition CORP

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 the Lender to exercise the rights or any of them vested in it under any of the Security Documents or otherwise; or

Appears in 2 contracts

Samples: Loan Agreement (Pyxis Tankers Inc.), Seanergy Maritime Holdings Corp.

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 Finance Documents or for a Bank any of the Lenders to exercise the rights or any of them vested in it under any of the Security Finance Documents or otherwise; or

Appears in 2 contracts

Samples: Agreement (Paragon Shipping Inc.), Credit Agreement (DryShips Inc.)

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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 Creditor to exercise the rights or any of them vested in it under any of the Security Documents or otherwise; or

Appears in 2 contracts

Samples: Loan Agreement (StealthGas Inc.), Loan Agreement (StealthGas Inc.)

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 otherwiseDocuments; or

Appears in 2 contracts

Samples: Agreement (Navios Maritime Holdings Inc.), Navios Maritime Partners L.P.

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 the Agent to exercise the rights or any of them vested in it under any of the Security Documents or otherwise; or

Appears in 2 contracts

Samples: Agreement (Aegean Marine Petroleum Network Inc.), Facility Agreement (Aegean Marine Petroleum Network Inc.)

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 the Underlying Documents or for a the Bank to exercise the rights or any of them vested in it under any of the Security Documents or otherwise; or

Appears in 1 contract

Samples: Agreement (Top Tankers Inc.)

Unlawfulness. any Unlawfulness occurs or it becomes impossible or unlawful at any time for any Security PartyParty (other than any Manager), to fulfil any of the covenants and obligations expressed to be assumed by it in any of the Security Documents or for a Bank the Lender to exercise the rights or any of them vested in it under any of the Security Documents or otherwise; or

Appears in 1 contract

Samples: Facility Agreement (Navios Maritime Partners L.P.)

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