Common use of Impossibility, Illegality Clause in Contracts

Impossibility, Illegality. it becomes impossible or unlawful for the Borrower to fulfill any of the covenants and obligations contained herein or in the Note or for the Agent or the Lenders to exercise any of the rights vested in them hereunder or under the Note and such impossibility or illegality in the reasonable opinion of the Majority Lenders will give rise to a Material Adverse Change; or

Impossibility, Illegality. it It becomes impossible or unlawful for the Borrower Borrower, to fulfill any of the covenants and obligations contained herein or in the Note or for the Agent or the Lenders to or, exercise any of the rights vested in any of them hereunder or under the Note and such impossibility or illegality illegality, in the reasonable opinion of the Majority Lenders Lender, will give rise have a material adverse effect on its rights hereunder, or under the Security Document or on its rights to a Material Adverse Changeenforce any thereof; or

Impossibility, Illegality. it It becomes impossible or unlawful for the Borrower to fulfill any of the covenants and obligations contained herein or in the Note Notes or for the Agent or any of the Lenders to exercise any of the rights vested in them hereunder or under the Note Notes and such impossibility or illegality in the reasonable opinion of the Majority Lenders will give rise to a Material Adverse Change; or

Impossibility, Illegality. it becomes impossible or unlawful for any of the Borrower Borrowers or the Guarantor to fulfill any of the its covenants and or obligations contained herein or in hereunder, under the Note or under any of the Security Documents or for the Agent or any of the Lenders to exercise any of the rights vested in any of them hereunder or hereunder, under the Note and such impossibility or illegality in the reasonable opinion under any of the Majority Lenders will give rise to a Material Adverse ChangeSecurity Documents; or

Impossibility, Illegality. it becomes impossible or unlawful for the Borrower or the Guarantor to fulfill any of the its covenants and or obligations contained herein or in hereunder, under the Note or under any of the Security Documents or for the Agent or any of the Lenders to exercise any of the rights vested in any of them hereunder or hereunder, under the Note and such impossibility or illegality in the reasonable opinion under any of the Majority Lenders will give rise to a Material Adverse ChangeSecurity Documents; or

Impossibility, Illegality. it becomes impossible or unlawful for the Borrower or any of the Guarantors to fulfill any of the its covenants and or obligations contained herein or in hereunder, under the Note or under any of the Security Documents or for the Agent or any of the Lenders to exercise any of the rights vested in any of them hereunder or hereunder, under the Note and such impossibility or illegality in the reasonable opinion under any of the Majority Lenders will give rise to a Material Adverse ChangeSecurity Documents; or

Impossibility, Illegality. it It becomes impossible or unlawful for the Borrower Borrowers, to fulfill any of the covenants and obligations contained herein or in the Note or for the Agent or the Lenders to or, exercise any of the rights vested in any of them hereunder or under the Note and such impossibility or illegality illegality, in the reasonable opinion of the Majority Lenders Lender, will give rise have a material adverse effect on its rights hereunder, or under the Security Document or on its rights to a Material Adverse Changeenforce any thereof; or

Impossibility, Illegality. it becomes impossible or unlawful for either of the Borrower Borrowers or the Guarantor to fulfill any of the its covenants and or obligations contained herein or in hereunder, under the Note or under any of the Security Documents or for the Agent or any of the Lenders to exercise any of the rights vested in any of them hereunder or hereunder, under the Note and such impossibility or illegality in the reasonable opinion under any of the Majority Lenders will give rise to a Material Adverse ChangeSecurity Documents; or