Unlawful act Sample Clauses

Unlawful act. It is or becomes unlawful or impossible for the contracting beneficiary to perform any of its obligations under this agreement;
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Unlawful act. It becomes unlawful for Lessee to perform any of its obligations under this Agreement or any of such obligations cease to be legal, valid and enforceable in accordance with the terms of this Agreement by reason of any act or omission of Lessee; or
Unlawful act. An Unlawful Act of any person or entity other than the Sponsor or any person or entity under the direction or control of the Sponsor, including its employees, agents, contractors (which may include a Property Owner), and consultants, to the extent such person or entity was acting within the scope of the employment, agency, contracting or consultancy relationship, as the case may be, with the Sponsor, includes an event or series of events, such as the intentional release within a Mitigation Project site, or any connected watercourse, of any hazardous substance, or the discharge of such a substance in violation of a statute, ordinance, regulation, or permit, which event or series of events has a material and detrimental impact on the Mitigation Project site.

Related to Unlawful act

  • Sanctions Concerns and Anti Corruption Laws (a) No Loan Party, nor any Subsidiary, nor, to the knowledge of the Loan Parties, any director, officer, employee, agent, affiliate or representative thereof, is an individual or entity that is, or is owned or controlled by any individual or entity that is (i) currently the subject or target of any Sanctions, (ii) included on OFAC’s List of Specially Designated Nationals, HMT’s Consolidated List of Financial Sanctions Targets and the Investment Ban List, or any similar list enforced by any other relevant sanctions authority or (iii) located, organized or resident in a Designated Jurisdiction.

  • Sanctions; Anti-Corruption Laws The Borrower will maintain in effect policies and procedures designed to promote compliance by the Borrower, its Subsidiaries, and their respective directors, officers, employees, and agents with applicable Sanctions and with the FCPA and any other applicable anti-corruption laws.

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