Common use of Illegality and Commercial Lender’s financial requirements Clause in Contracts

Illegality and Commercial Lender’s financial requirements. If it becomes unlawful under any law, regulation, treaty or of any directive of any monetary authority (whether or not having the force of law) in any applicable jurisdiction for a Lender to perform any of its obligations as contemplated by this Agreement or to fund or maintain its participation in the Loan or the Commercial Lenders’ Guarantee or the Borrower has not replaced the Commercial Lender pursuant to Clause 7.3(b) above:

Appears in 7 contracts

Samples: Whereas Eksportfinans, Senior Secured Credit Facility Agreement, Senior Secured Credit Facility Agreement

AutoNDA by SimpleDocs

Illegality and Commercial Lender’s financial requirements. If it becomes unlawful under any law, regulation, treaty or of any directive of any monetary authority (whether or not having the force of law) in any applicable jurisdiction for a Lender to perform any of its obligations as contemplated by this Agreement or to fund or maintain its participation in the Loan or the Commercial Lenders’ Guarantee or the Borrower has not replaced the Commercial Lender pursuant to Clause 7.3(b) aboveLoan:

Appears in 4 contracts

Samples: Credit Facility Agreement, Credit Facility Agreement (Seadrill Partners LLC), Credit Facility Agreement (Seadrill Partners LLC)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.