Common use of Illegality and Impossibility Clause in Contracts

Illegality and Impossibility. In the event that any applicable law, treaty or other international agreement, rule or regulation (whether domestic or foreign) now or hereafter in effect and whether or not presently applicable to the Bank, or any interpretation or administration thereof by any governmental authority charged with the interpretation or administration thereof, or compliance by the Bank with any guideline, request or directive of such authority (whether or not having the force of law), including without limitation exchange controls, shall make it unlawful or impossible for the Bank to maintain any Loan under this Agreement, the Company shall upon receipt of notice thereof from the Bank repay in full the then outstanding principal amount of each Loan so affected, together with all accrued interest thereon to the date of payment and all amounts owing to the Bank under Section 3.9, (a) on the last day of the then-current Interest Period applicable to the Loan if the Bank may lawfully continue to maintain the Loan to that day, or (b) immediately if the Bank may not continue to maintain the Loan to that day.

Illegality and Impossibility. In If, after the event that date of this Agreement, the introduction of, or any change in, any applicable law, treaty or other international agreementtreaty, rule or regulation (whether domestic or foreign) now or hereafter in effect and whether or not presently applicable to the Bank, or any interpretation or administration thereof by any governmental authority charged with the interpretation or administration thereof, or compliance by the any Bank (or its applicable Lending Installation) with any guideline, request or directive of such authority (whether or not having the force of law), including without limitation exchange controls, shall make it unlawful or impossible for the any Bank to maintain any Fixed Rate Loan under this Agreement, the Company Borrowers shall upon receipt of notice thereof from the Bank such Bank, repay in full to all of the Banks the then outstanding principal amount of each Fixed Rate Loan so affected, affected together with all accrued interest thereon to the date of payment and all amounts owing due to the Bank Banks, if any, under Section 3.95.5, (a) on the last day of the then-current Interest Period applicable to the such Loan if the Bank may lawfully continue to maintain the such Loan to that such day, or (b) immediately if the Bank may not continue to maintain the such Loan to that such day.

Illegality and Impossibility. In the event that any applicable law, treaty or other international agreementtreaty, rule or regulation (whether domestic or foreign) now or hereafter in effect and whether or not presently applicable to the Bankeffect, or any interpretation or administration thereof by any governmental authority charged with the interpretation or administration thereof, or compliance by the Bank with any guideline, request or directive of such authority (whether or not having the force of law), including without limitation exchange controls, shall make it unlawful or impossible for the Bank to maintain any Loan under this Agreement, the Company Borrower shall upon receipt of notice thereof from the Bank Bank, repay in full the then outstanding principal amount of each Loan all Loans made by the Bank so affected, affected together with all accrued interest thereon to the date of payment and all amounts owing due to the Bank under Section 3.9Sections 4 and 7.5 hereof, (ai) on the last day of the then-then current Interest Period Period, if any, applicable to the such Loan if the Bank may lawfully continue to maintain the such Loan to that such day, or (bii) immediately if the Bank may not continue to maintain the such Loan to that such day.. This provision is for the benefit of the Bank and

Illegality and Impossibility. In the event that any applicable law, treaty or other international agreementtreaty, rule or regulation (whether domestic or foreign) now or hereafter in effect and whether or not presently applicable to the Bank, or any interpretation or administration thereof by any governmental authority charged with the interpretation or administration thereof, or compliance by the Bank with any guideline, request or directive of such authority (whether or not having the force of law), including without limitation exchange controls, shall make it unlawful or impossible for the Bank to maintain any Eurodollar Rate Loan under this Agreement, the Company shall shall, upon receipt of notice thereof from the Bank Bank, repay in full the then outstanding principal amount of each Eurodollar Rate Loan so affected, together with all accrued interest thereon to the date of payment and all amounts owing to the Bank under Section 3.93.8, (a) on the last day of the then-then current Interest Period applicable to the such Loan if the Bank may lawfully continue to maintain the such Loan to that such day, or (b) immediately if the Bank may not continue to maintain the such Loan to that such day.

Illegality and Impossibility. In the event that any applicable law, treaty or other international agreement, rule or regulation (whether domestic or foreign) now or hereafter in effect and whether or not presently applicable to the Bank, or any interpretation or administration thereof by any governmental authority charged with the interpretation or administration thereof, or compliance by the Bank with any guideline, request or directive of such authority (whether or not having the force of law), including without limitation exchange controls, shall make it unlawful or impossible for the Bank to maintain any Loan under this Agreement, the Company shall upon receipt of notice thereof from the Bank Bank, repay in full the then outstanding principal amount of each Loan so affected, together with all accrued interest thereon to the date of payment and all amounts owing to the Bank under Section 3.9, (a) on the last day of the then-then current Interest Period applicable to the such Loan if the Bank may lawfully continue to maintain the such Loan to that such day, or (b) immediately if the Bank may not continue to maintain the such Loan to that such day.

Illegality and Impossibility. In the event that any applicable law, treaty or other international agreementtreaty, rule or regulation (whether domestic or foreign) now or hereafter in effect and whether or not presently applicable to the Bank, or any interpretation or administration thereof by any governmental authority charged with the interpretation or administration thereof, or compliance by the Bank with any guideline, request or directive of such authority (whether or not having the force of law), including without limitation exchange controls, shall make it unlawful or impossible for the Bank to maintain any Eurodollar Rate Loan under this Agreement, the Company shall upon receipt of notice thereof from the Bank repay in full the then outstanding principal amount of each Eurodollar Rate Loan so affected, together with all accrued interest thereon to the date of payment and all amounts owing to the Bank under Section 3.9, (a) 3.9 on the last day of the then-then current Eurodollar Interest Period applicable to the such Loan if the Bank may lawfully continue to maintain the such Loan to that such day, or (b) immediately if the Bank may not continue to maintain the such Loan to that such day. Subject to the other terms and conditions of this Agreement, such prepaid Eurodollar Rate Loan may be immediately reborrowed as a Floating Rate Loan hereunder.

Illegality and Impossibility. In the event that any applicable law, treaty or other international agreementtreaty, rule or regulation (whether domestic or foreign) now or hereafter in effect and whether or not presently applicable to the Bankeffect, or any interpretation or administration thereof by any governmental authority charged with the interpretation or administration thereof, or compliance by the Bank with any guideline, request or directive of such authority (whether or not having the force of law), including without limitation exchange controls, shall make it unlawful or impossible for the Bank to maintain any Loan under this Agreement, the Company Borrower shall upon receipt of notice thereof from the Bank Bank, repay in full the then outstanding principal amount of each Loan all Loans made by the Bank so affected, affected together with all accrued interest thereon to the date of payment and all amounts owing due to the Bank under Section 3.9Sections 4 and 7.5 hereof, (ai) on the last day of the then-then current Interest Period Period, if any, applicable to the such Loan if the Bank may lawfully continue to maintain the such Loan to that such day, or (bii) immediately if the Bank may not continue to maintain the such Loan to that such day. This provision is for the benefit of the Bank and is not intended to increase the yield to the Bank above the rates of interest provided for in this Agreement.