Impossibility or illegality. It is or becomes impossible or unlawful for any Group Company to fulfil or perform any of the terms of any Finance Document to which it is a party.
Impossibility or illegality. It is or becomes impossible or unlawful for the Issuer to fulfill or perform any of the provisions of the Finance Documents or if the obligations under the Finance Documents are not, or cease to be, legal, valid, binding and enforceable.
Impossibility or illegality. It is or becomes impossible or unlawful for the Issuer to fulfil or perform any of the terms of any Finance Document to which it is a party.
Impossibility or illegality. It becomes impossible or unlawful for any of the Obligors to fulfil any of the terms of the Finance Documents or for the Agent to exercise any right or power vested in the Agent under the Security Documents, or the security created by any of the Security Documents is imperilled, or for any reason whatsoever ceases to be valid and enforceable with its intended priority.
Impossibility or illegality. It is or becomes impossible or unlawful for any party (other than the Agent) to fulfil or perform any of the provisions of the Finance Documents or if the obligations under the Finance Documents are not, or cease to be, legal, valid, binding and enforceable (subject to the Legal Reservations).
Impossibility or illegality. Any event occurs which would, or would with the passage of time, render performance of a Finance Document by the Borrower or, as the case may be, the Guarantor impossible, unlawful or unenforceable by the Lender.
Impossibility or illegality. It becomes impossible or unlawful for the Issuer or any other Group Company to fulfil or perform any of the provisions of the Finance Documents or the Transaction Security created or expressed to be created thereby is varied or ceases to be effective (subject to the Legal Reservations) and such invalidity, ineffectiveness or variation has a detrimental effect on the interests of the Bondholders.
Impossibility or illegality. It becomes impossible or unlawful for the Borrower to fulfil any of the terms of the Agreement or the Security Documents, for the Agent on behalf of the Banks to exercise any right or power vested in the Agent under the Security Documents, or the security created by any of the Security Documents is imperilled, or for any reason whatsoever cease to be valid and enforceable with its intended priority.
Impossibility or illegality. If it becomes impossible or unlawful for the Borrower, the Parent, any Shipowning Company or Principal Subsidiary to fulfil any of the terms of this Agreement and/or the Security Documents or for the Security Agent, the Facility Agent or for the Banks to exercise any right or power vested in them under this Agreement and/or the Security Documents, or the security created by any of the Security Documents is imperilled the Borrower shall prepay the Loan within 7 days, always provided that if such illegality or impossibility only apply to parts of the Security Documents such payment shall made to the extent, in the opinion of the Security Agent, necessary to secure any shortfall in amount of security provided by the Borrower.
Impossibility or illegality. It becomes impossible or unlawful for the Borrower or a Guarantor to fulfill any of the terms of the Finance Documents, for the Administrative Agent to exercise any right or power vested in it under the Finance Documents.
