Common use of Unlawfulness and invalidity Clause in Contracts

Unlawfulness and invalidity. (a) It is or becomes unlawful for the Borrower to perform any of its obligations under the Finance Documents.

Appears in 12 contracts

Samples: Facilities Agreement (WEIBO Corp), Facility Agreement, Facility Agreement (Melco Resorts & Entertainment LTD)

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Unlawfulness and invalidity. (a) It is or becomes unlawful for the Borrower an Obligor to perform any of its obligations under the Finance Documents.

Appears in 12 contracts

Samples: Facility Agreement (Ozon Holdings PLC), Senior Facilities Agreement (Luxfer Holdings PLC), Facilities Agreement (Molson Coors Brewing Co)

Unlawfulness and invalidity. (a) It is or becomes unlawful for the Borrower a Debtor to perform any of its obligations under the Finance DocumentsFinancing Documents or any such obligation ceases to be to be legal, valid, binding, enforceable or effective.

Appears in 4 contracts

Samples: cdn0.erstegroup.com, cdn0.erstegroup.com, cdn0.erstegroup.com

Unlawfulness and invalidity. (a) It is or becomes unlawful for the Borrower to perform any of its obligations under the Finance DocumentsDocuments or any Security created or expressed to be created or evidenced by the Security Documents ceases to be effective.

Appears in 2 contracts

Samples: Loan Agreement (NeoGames S.A.), Loan Agreement (NeoGames S.A.)

Unlawfulness and invalidity. (ai) It is or becomes unlawful for the Borrower to perform any of its payment or other material obligations under the Finance Documents.

Appears in 2 contracts

Samples: Facility Agreement (PT Indosat TBK), Facility Agreement (PT Indosat TBK)

Unlawfulness and invalidity. (a) It is or becomes unlawful for the Borrower to perform any of its obligations under the Finance DocumentsDocuments or any Transaction Security created or expressed to be created or evidenced by any or all of the Security Documents is not or ceases to be effective, or does not or ceases to have the priority which it is expressed to have.

Appears in 1 contract

Samples: Facility Agreement (Golden Meditech Holdings LTD)

Unlawfulness and invalidity. (a) It is or becomes unlawful for the Borrower to perform any of its obligations under the Finance Documents or any Transaction Security created or expressed to be created or evidenced by the Transaction Security Documents ceases to be effective and such unlawfulness or cessation individually or cumulatively materially and adversely affects the interests of the Finance Parties under the Finance Documents.

Appears in 1 contract

Samples: Agreement (Diodes Inc /Del/)

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Unlawfulness and invalidity. (a) It is or becomes unlawful for the Borrower to perform any of its material obligations under the Finance DocumentsDocuments or any Transaction Security created or expressed to be created or evidenced by the Transaction Security Documents ceases to be effective.

Appears in 1 contract

Samples: Facility Agreement (Spansion Inc.)

Unlawfulness and invalidity. (a) It is or becomes unlawful for the any Borrower to perform any of its obligations under the Finance Documents.

Appears in 1 contract

Samples: Facility Agreement (Beyond Air, Inc.)

Unlawfulness and invalidity. (a) It is or becomes unlawful for the a Borrower to perform any of its obligations under the Finance Documents.

Appears in 1 contract

Samples: Facilities Agreement

Unlawfulness and invalidity. (a) It is or becomes unlawful for the Borrower to perform any of its obligations under the Finance DocumentsDocuments or any Transaction Security ceases to be effective or becomes unlawful.

Appears in 1 contract

Samples: assets.mintos.com

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