Common use of Effectiveness of Finance Documents Clause in Contracts

Effectiveness of Finance Documents. (a) It is or becomes unlawful for the Company to perform any of its obligations under the Finance Documents. (b) Any Finance Document is not effective or is alleged by the Company to be ineffective for any reason. (c) The Company repudiates a Finance Document or evidences an intention to repudiate a Finance Document.

Appears in 6 contracts

Samples: Syndicated Facilities Agreement (Bayer Aktiengesellschaft), Bridge Facilities Agreement (Bayer Aktiengesellschaft), Syndicated Facilities Agreement (Bayer Aktiengesellschaft)

AutoNDA by SimpleDocs

Effectiveness of Finance Documents. (a) It is or becomes unlawful for any of the Company Obligors to perform any of its obligations under the Finance Documents. (b) Any Finance Document is not effective in accordance with its terms or is alleged by any of the Company Obligors to be ineffective in accordance with its terms for any reason. (c) The Company Any of the Obligors repudiates a Finance Document or evidences an intention to repudiate a Finance Document.

Appears in 4 contracts

Samples: Facility Agreement (DHT Holdings, Inc.), Facility Agreement (DHT Holdings, Inc.), Facility Agreement (Nordic American Offshore Ltd.)

Effectiveness of Finance Documents. (a) It is or becomes unlawful for the Company any Obligor to perform any of its obligations under the Finance Documents. (b) Any provision of any Finance Document is not effective in accordance with its terms or any Finance Document is alleged by the Company an Obligor to be ineffective for any reasonin accordance with its terms. (c) The Company An Obligor repudiates a Finance Document or evidences an intention to repudiate a Finance Document.

Appears in 3 contracts

Samples: Credit Agreement, Credit Agreement (Eros International PLC), Credit Facility Agreement (Eros International PLC)

Effectiveness of Finance Documents. (a) It is or becomes unlawful for the Company any Obligor to perform any of its material obligations under the Finance Documents. (b) Any Finance Document is not effective or is alleged by the Company an Obligor to be ineffective for any reason. (c) The Company An Obligor repudiates a Finance Document or evidences an intention to repudiate a Finance Document.

Appears in 3 contracts

Samples: Credit Facility, Credit Facility Agreement (Schlumberger LTD /Ny/), Credit Facility Agreement (Schlumberger LTD /Ny/)

Effectiveness of Finance Documents. (a) It is or becomes unlawful for the Company any Obligor to perform any of its payment or other material obligations under the Finance Documents. (b) Any Finance Document is not effective in accordance with its terms or is alleged by the Company an Obligor to be ineffective in accordance with its terms for any reason. (c) The Company An Obligor repudiates a Finance Document or evidences an intention to repudiate a Finance Document.

Appears in 3 contracts

Samples: Facilities Agreement (Mittal Steel Co N.V.), Facilities Agreement (Mittal Steel Co N.V.), Bridge Facility Agreement (Mittal Steel Co N.V.)

Effectiveness of Finance Documents. (a) It is or becomes unlawful for the Company any Obligor to perform any of its obligations under the Finance Documents. (b) Any Finance Document is not effective or is alleged by the Company an Obligor to be ineffective for any reason. (c) The Company An Obligor repudiates a Finance Document or evidences an intention to repudiate a Finance Document.

Appears in 3 contracts

Samples: Credit Facilities Agreement (Royal Ahold), Credit Facility Agreement (Royal Ahold), Credit Facility Agreement (Halliburton Co)

Effectiveness of Finance Documents. (a) It is or becomes unlawful for the Company an Obligor to perform any of its material obligations under the Finance Documents. (b) Any Finance Document is not effective or is alleged by the Company an Obligor to be ineffective for any reason. (c) The Company An Obligor repudiates a Finance Document or evidences an intention to repudiate a Finance Document.

Appears in 2 contracts

Samples: Multicurrency Revolving Facilities Agreement (Carnival PLC), Facilities Agreement (Carnival PLC)

Effectiveness of Finance Documents. (a) It is or becomes unlawful for the Company any Obligor to perform any of its obligations under the Finance Documents. (b) Any Finance Document is not effective in accordance with its terms or is alleged by the Company an Obligor to be ineffective in accordance with its terms for any reason. (c) The Company An Obligor repudiates a Finance Document or evidences an intention to repudiate a Finance Document.

Appears in 2 contracts

Samples: Term Loan Facility Agreement (DHT Holdings, Inc.), Term Loan Facility Agreement (DHT Holdings, Inc.)

Effectiveness of Finance Documents. (a) It is or becomes unlawful for the Company any Obligor to perform any of its obligations under the Finance Documents. (b) Any Finance Document is not effective or is alleged by the Company an Obligor to be ineffective for any reason. (c) The Company An Obligor repudiates a Finance Document or formally or in writing evidences an intention to repudiate a Finance Document.

Appears in 2 contracts

Samples: Facilities Agreement (Preem Holdings Ab Publ), Bridge Facility Agreement (Preem Holdings Ab Publ)

Effectiveness of Finance Documents. (a) It is or becomes unlawful for the Company to perform any of its obligations under the Finance Documents. (b) Any Finance Document is not effective or is alleged by the Company to be ineffective for any reason. (c) The Company repudiates a Finance Document or evidences an intention to repudiate a Finance Document.

Appears in 2 contracts

Samples: Facility Agreement (Baidu, Inc.), Credit Facility Agreement (Baidu, Inc.)

Effectiveness of Finance Documents. (a) It is or becomes unlawful for the Company any Obligor to perform any of its or his obligations under the Finance Documents. (b) Any Finance Document is not effective in accordance with its terms or is alleged by the Company any Obligor to be ineffective in accordance with its terms for any reason. (c) The Company Any Obligor repudiates a Finance Document or evidences an intention to repudiate a Finance Document.

Appears in 2 contracts

Samples: Subscription Agreement, Subscription Agreement

Effectiveness of Finance Documents. (a) It is or becomes unlawful for the Company any Obligor to perform any of its material obligations under the Finance Documents. (b) Any Finance Document is not effective in accordance with its terms or is alleged by the Company an Obligor to be ineffective in accordance with its terms for any reason. (c) The Company An Obligor repudiates a Finance Document or evidences an intention to repudiate a Finance Document.

Appears in 2 contracts

Samples: Credit Facility (Tele2 Ab), Credit Facility (Tele2 Ab)

Effectiveness of Finance Documents. (a) It is or becomes unlawful for the Company to perform any of its obligations under the Finance Documents. (b) Any Finance Document is not effective A member of the Group repudiates or is alleged by the Company to be ineffective for any reason. (c) The Company repudiates revokes a Finance Document or evidences an intention to repudiate or revoke a Finance DocumentDocument to which it is a party.

Appears in 2 contracts

Samples: Revolving Credit Facility Agreement (MGM Resorts International), Revolving Credit Facility Agreement (MGM Resorts International)

Effectiveness of Finance Documents. (a) It is or becomes unlawful for the Company any Obligor to perform any of its obligations under the Finance Documents. (b) Any Finance Document is not effective or is alleged by the Company to be ineffective for any reason. (c) The Company An Obligor repudiates a Finance Document or evidences an intention purports to repudiate a Finance Document.

Appears in 1 contract

Samples: Credit Facility Agreement (Smith & Nephew PLC)

Effectiveness of Finance Documents. (a) It is or becomes unlawful for the Company or the Parent to perform any of its obligations under the Finance Documents. (b) Any Finance Document is not effective in accordance with its terms or is alleged by the Company or the Parent to be ineffective in accordance with its terms for any reason. (c) The Company or the Parent repudiates a Finance Document or evidences an intention to repudiate a Finance Document.

Appears in 1 contract

Samples: Credit Facility Agreement (EnerSys)

Effectiveness of Finance Documents. (a) It is or becomes unlawful for the Company to perform any of its obligations under the Finance Documents. (b) Any Finance Document is not effective or is alleged by the Company to be ineffective for any reason. (c) The Company repudiates a Finance Document or evidences an intention purports to repudiate a Finance Document.

Appears in 1 contract

Samples: Credit Facility Agreement (Oratec Interventions Inc)

Effectiveness of Finance Documents. (a) It is or becomes unlawful for the Company any Obligor to perform any of its material obligations under the Finance Transaction Documents. (b) Any Finance Transaction Document is not effective in accordance with its terms or is alleged by the Company an Obligor to be ineffective in accordance with its terms for any reason. (c) The Company An Obligor repudiates a Finance Transaction Document or evidences an intention to repudiate a Finance Transaction Document.

Appears in 1 contract

Samples: Credit Agreement (Adecco Sa)

AutoNDA by SimpleDocs

Effectiveness of Finance Documents. (a) It is or becomes unlawful for the Company any Obligor to perform any of its obligations under the Finance Documents. (b) Any Finance Document is not effective in accordance with its terms or is alleged by the Company to be ineffective in accordance with its terms for any reason. (c) The Company An Obligor repudiates a Finance Document or evidences an intention to repudiate a Finance Document.

Appears in 1 contract

Samples: Facilities Agreement (Mitcham Industries Inc)

Effectiveness of Finance Documents. (a) It is or becomes unlawful for the Company any Obligor to perform any of its obligations under the Finance Documents. (b) Any Finance Document is not effective or is alleged by the Company to be ineffective for any reasonin accordance with its terms. (c) The Company An Obligor repudiates a Finance Document or evidences an intention to repudiate a Finance Document.

Appears in 1 contract

Samples: Term and Revolving Credit Facility Agreement (Kellwood Co)

Effectiveness of Finance Documents. (a) It is or becomes unlawful by reason of a change of law for the Company to perform any of its payment obligations under the Finance Documents. (b) Any Finance Document is not effective or is alleged by the Company to be ineffective for any reason. (c) The Company repudiates a Finance Document or evidences an intention to repudiate a Finance Document.

Appears in 1 contract

Samples: Bridge Facility Agreement (Professional Staff PLC)

Effectiveness of Finance Documents. (a) It is or becomes unlawful for the Company Borrower to perform any of its obligations under the Finance Documents. (b) Any Finance Document is not effective in accordance with its terms or is alleged by the Company Borrower to be ineffective in accordance with its terms for any reason. (c) The Company Borrower repudiates a Finance Document or evidences an intention to repudiate a Finance Document.

Appears in 1 contract

Samples: Facility Agreement (NORDIC AMERICAN TANKERS LTD)

Effectiveness of Finance Documents. (a) It is or becomes unlawful for the Company to perform any of its obligations under the Finance Documents. (b) Any Finance Document is not effective in accordance with its terms or is alleged by the Company to be ineffective in accordance with its terms for any reason. (c) The Company repudiates a Finance Document or evidences an intention to repudiate a Finance Document.

Appears in 1 contract

Samples: Credit Facility Agreement (Oce N V)

Effectiveness of Finance Documents. (a) It is or becomes unlawful for the Company any Obligor or Subordinated Creditor to perform any of its material obligations under the Finance Documents. (b) Any Finance Document is not effective in accordance with its terms or is alleged by the Company an Obligor or Subordinated Creditor to be ineffective in accordance with its terms for any reason. (c) The Company repudiates a Finance Document or evidences an intention to repudiate a Finance Document.

Appears in 1 contract

Samples: Credit Facility Agreement (Telesystem International Wireless Inc)

Effectiveness of Finance Documents. (a) It is or becomes unlawful for the Company any Borrower to perform any of its obligations under the Finance Documents. (b) Any Finance Document is not effective or is alleged by the Company a Borrower to be ineffective for any reason. (c) The Company A Borrower repudiates a Finance Document or evidences an intention to repudiate a Finance Document.

Appears in 1 contract

Samples: Credit Facility (Vivendi Universal)

Effectiveness of Finance Documents. (a) It is or becomes unlawful for the Company an Obligor to perform any of its obligations under the Finance Documents. (b) Any Finance Document is not effective or is alleged by the Company an Obligor to be ineffective for any reason. (c) The Company An Obligor repudiates a Finance Document or evidences an intention to repudiate a Finance Document.

Appears in 1 contract

Samples: Revolving Credit Facility Agreement (Metro International Sa)

Effectiveness of Finance Documents. (a) It is or becomes unlawful for the Company Obligors to perform any of its obligations under the Finance Documents. (b) Any Finance Document is not effective in accordance with its terms or is alleged by the Company Obligors to be ineffective in accordance with its terms for any reason. (c) The Company repudiates Obligors repudiate a Finance Document or evidences an intention to repudiate a Finance Document.

Appears in 1 contract

Samples: Facility Agreement (Strategic Hotels & Resorts, Inc)

Effectiveness of Finance Documents. (a) It is or becomes unlawful for the Company Obligors to perform any of its obligations under the Finance Documents. (b) Any Finance Document is not effective in accordance with its terms or is alleged by the Company Obligors to be ineffective in accordance with its terms for any reason. (c) The Company repudiates Obligors repudiate a Finance Document or evidences an intention to repudiate a Finance Document.. 56

Appears in 1 contract

Samples: Amendment and Restatement Agreement (Strategic Hotels & Resorts, Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!