Compliance unlawful Sample Clauses
The 'Compliance unlawful' clause defines the parties' obligations in situations where fulfilling the contract would require them to violate applicable laws or regulations. Typically, this clause allows a party to suspend or terminate their contractual duties if compliance would result in illegality, such as when new legislation or government action makes performance unlawful. Its core practical function is to protect parties from being forced to act illegally, thereby allocating risk and ensuring that the contract remains enforceable only to the extent that it is lawful.
Compliance unlawful it is unlawful for the AFP to comply with any of its obligations under the Funding Agreement or it is claimed to be so by the AFP
Compliance unlawful it is unlawful for a Transaction Party to comply with any of its obligations under a Transaction Document or it is claimed to be so by a Transaction Party;