Adverse Legislation. Subsequent to the date of this Agreement no legislation shall have been enacted and no regulation or other governmental requirement shall have been adopted or imposed that renders or will render consummation of any of the material transactions contemplated by this Agreement impossible.
Adverse Legislation. Any draft legislation or similar governmental instrument reaches a final reading or equivalent step which, if enacted or otherwise brought into force, would or would reasonably be expected to have a Material Adverse Effect or result in a breach of the Default Ratios.
Adverse Legislation. The occurrence of the Trigger Event referred to in Paragraph Part 16 (Adverse legislation) of Part 1 (Trigger Events) of this Schedule 3 (Trigger Events) will be remedied if the draft legislation or similar governmental instrument: (i) fails to become an act of parliament within six (6) months of the final reading referred to in such Paragraph 6 (Adverse legislation); or (ii) is brought into force in a form which is reasonably likely not to have a Material Adverse Effect or result in a breach of the Default Ratios.
Adverse Legislation. Enactment of legislation that in the opinion of the Insurer would adversely affect the Insurer’s rights under this Agreement or liabilities under the Policies.
Adverse Legislation. Subsequent to the date of this Agreement no legislation shall have been enacted and no regulation or other governmental requirement shall have been adopted or imposed that renders or will render consummation of the Holding Company Merger or the Bank Merger impossible or illegal.
Adverse Legislation. Intercure is not aware of any legislation, regulations, changes or instructions from any Government Authority, which it anticipates will materially and adversely affect the business, affairs, operations, assets, liabilities (contingent or otherwise) or prospects of Intercure or the Intercure Subsidiaries.
Adverse Legislation. Enactment of legislation which in the opinion of the Company would adversely affect the Company’s rights under this Agreement or liabilities under the Policies; or
Adverse Legislation. None of the PBS Parties has any knowledge of any ------------------- legislation which has been enacted, or rule or regulation promulgated, by any Governmental Authority within the twelve (12) months preceding the date hereof up to and including the Closing Date, or any proposed legislation, rule or regulation currently pending before any Governmental Authority which materially and adversely affects the Business, the Assets or the Property. None of the PBS Parties has any knowledge of any law, rule or regulation of any Governmental Authority which makes, or will make Xxxxxxx, Xxxxx or its successors, assigns or Affiliates liable for any liability, obligation or indebtedness of any PBS Party. If any PBS Party acquires knowledge of such legislation, rule or regulation prior to the Closing Date, PBS shall promptly notify Xxxxxxx, Xxxxx thereof.
Adverse Legislation. Any draft legislation or similar governmental instrument reaches a final reading (or equivalent step) which, if enacted or otherwise brought into force, would or would reasonably be expected to have a Material Adverse Effect or result in the Senior Interest Cover Ratio or the Senior Leverage Ratio being less than the Default Ratios.
Adverse Legislation. The occurrence of the Trigger Event referred to in paragraph 7 (Adverse Legislation) of Part 1 (Trigger Events) of this Schedule 3 will be remedied if the draft legislation or similar governmental instrument: (a) fails to become an act of parliament within six months of the final reading referred to in such paragraph; or (b) is brought into force in a form which is reasonably likely not to have a Material Adverse Effect or result in a breach of the Default Ratios. The Borrower Security Trustee may, in respect of the matters set out in this paragraph 7, rely on any representation, communication, notice or document from or on behalf of any Obligor believed by it to be genuine and appropriately authorised.
