Common use of Unlawfulness Clause in Contracts

Unlawfulness. any Unlawfulness occurs or 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 any of the Security Documents or for a Bank to exercise the rights or any of them vested in it under any of the Security Documents or otherwise; or

Appears in 40 contracts

Samples: Agreement, Agreement, Facility Agreement (Navios Maritime Holdings Inc.)

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Unlawfulness. any Unlawfulness occurs or 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 any of the Security Documents or for a Bank the Lender to exercise the rights or any of them vested in it under any of the Security Documents or otherwise; or

Appears in 11 contracts

Samples: Facility Agreement (Euroseas Ltd.), Agreement (EuroDry Ltd.), Agreement (EuroDry Ltd.)

Unlawfulness. any Unlawfulness occurs or 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 any of the Security Loan Documents or for a Bank the Lender to exercise the rights or any of them vested in it under any of the Security Loan Documents or otherwise; or

Appears in 7 contracts

Samples: Secured Loan Agreement (Navios Maritime Holdings Inc.), Loan Agreement (Navios Maritime Acquisition CORP), Agreement (Navios Maritime Holdings Inc.)

Unlawfulness. any Unlawfulness occurs or 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 any of the Security Documents or for a Bank Creditor Party to exercise the rights or any of them vested in it under any of the Security Documents or otherwise; or

Appears in 2 contracts

Samples: Agreement (Navios Maritime Acquisition CORP), Navios Maritime Acquisition CORP

Unlawfulness. any Unlawfulness occurs or 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 any of the Security Documents or for a Bank Creditor to exercise the rights or any of them vested in it under any of the Security Documents or otherwise; or

Appears in 2 contracts

Samples: Loan Agreement (StealthGas Inc.), Loan Agreement (StealthGas Inc.)

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Unlawfulness. any Unlawfulness occurs or 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 any of the Security Documents or for a Bank to exercise the rights or any of them vested in it under any of the Security Documents or otherwiseDocuments; or

Appears in 2 contracts

Samples: Navios Maritime Partners L.P., Agreement (Navios Maritime Holdings Inc.)

Unlawfulness. any Unlawfulness occurs or 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 any of the Security Documents or for a the Bank to exercise the rights or any of them vested in it under any of the Security Documents or otherwise; or

Appears in 2 contracts

Samples: Agreement (Navios Maritime Acquisition CORP), Loan Agreement (Navios Maritime Holdings Inc.)

Unlawfulness. any Unlawfulness occurs or it becomes impossible or unlawful at any time for any Security PartyParty (other than any Manager), to fulfil any of the covenants and obligations expressed to be assumed by it in any of the Security Documents or for a Bank the Lender to exercise the rights or any of them vested in it under any of the Security Documents or otherwise; or

Appears in 1 contract

Samples: Facility Agreement (Navios Maritime Partners L.P.)

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