Unlawfulness definition

Unlawfulness means any event or circumstance which either is or, as the case may be, might in the opinion of the Agent become the subject of a notification by the Agent to the Borrowers under clause 12.1;

Unlawfulness means any event or circumstance which either is or, as the case may be, might in the reasonable opinion of the Bank become the subject of a notification by the Bank to the Borrowers under clause 12.1; and

Unlawfulness means any event or circumstance which either is or, as the case may be, might in the reasonable opinion of the Lender become the subject of a notification by the Lender to the Borrower under clause 12.1; and

Examples of Unlawfulness in a sentence

• If any additional amounts are required to be paid by the Borrower to the Lender by virtue of Clause 12 (Unlawfulness, increased costs and bail-in), the Borrower shall be entitled, on giving the Lender not less than ten (10) days prior notice in writing, to prepay (without any prepayment fee under clause 4.7 or any premium or penalty) the Loan and accrued interest thereon, together with all other Indebtedness of the Borrower under the Security Documents, on the next Repayment Date.

• Nothing in clause 12 (Unlawfulness, increased costs and bail-in) shall entitle the Lender to receive any amount in respect of compensation for any such liability to Taxes, increased or additional cost, reduction, payment, foregone return or loss to the extent that the same is the subject of an additional payment under clause 6.6 (Grossing-up for Taxes – by the Borrower).

More Definitions of Unlawfulness

Unlawfulness means any event or circumstance which either is or, as the case may be, might in the reasonable opinion of the Lender become the subject of a notification by the Lender to the Borrower under clause 12.1; and Words and expressions defined in Schedule 4 shall have the meaning given to them when used in Schedule 3.

Unlawfulness means any event or circumstance which either is or, as the case may be, might in the reasonable opinion of the Agent become the subject of a notification by the Agent to the Borrowers under clause 12.1;

Unlawfulness means any event or circumstance which is the subject of a notification by the Lender to the Borrowers under Clause 14.1 (Unlawfulness);

Unlawfulness where CES Capital (HK) in its sole opinion believes there may be a basis for suspicion that Client has engaged or may be engaging in any market malpractice or any other activity which is prohibited by any Laws or Regulatory Rules or applicable terms and conditions of whatsoever nature; or it shall become unlawful for Client to maintain the Account or to perform any of Client’s obligations under this Agreement; or any authorization, consent, approval or license necessary for Client to continue the Account or to perform any of its obligation under this Agreement is withdrawn, restricted, revoked or otherwise ceases to be in full force and effect;

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 this Agreement or any of the other Security Documents or for the other Security Trustee to exercise the rights or any of them vested in it under this Agreement or any of the Security Documents or otherwise; or

Unlawfulness it becomes unlawful or impossible:

Unlawfulness it becomes impossible or unlawful at any time for the Borrower or any other Security Party, to fulfil any of the covenants and obligations expressed to be assumed by it in any of the Security Documents or for the Bank to exercise the rights or any of them vested in it under any of the Security Documents or otherwise; or