Common use of Impossibility or illegality Clause in Contracts

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.

Appears in 10 contracts

Samples: Amendment and Restatement Agreement, Terms and Conditions, Terms and Conditions

AutoNDA by SimpleDocs

Impossibility or illegality. It is or becomes impossible or unlawful for the Issuer to fulfill 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.

Appears in 4 contracts

Samples: Terms and Conditions, Waiver and Amendment and Restatement Agreement, Terms and Conditions

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 these Terms and Conditions or if the obligations under the Finance Documents these Terms and Conditions are not, or cease to be, legal, valid, binding and enforceable.

Appears in 1 contract

Samples: Amendment and Restatement Agreement

Impossibility or illegality. It is or becomes impossible or unlawful for the Issuer or any Group Company to fulfill fulfil or perform any of the provisions of the Finance Documents or if the obligations of the Issuer or a Group Company under the Finance Documents are not, or cease to be, legal, valid, binding and enforceable.

Appears in 1 contract

Samples: Secured Floating Rate Bonds Agreement

AutoNDA by SimpleDocs

Impossibility or illegality. It is or becomes impossible or unlawful for the Issuer or the Guarantor to fulfill fulfil or perform any of the applicable provisions of the Finance Documents or if the obligations under the Finance Documents are not, or cease to be, legal, valid, binding and enforceable.

Appears in 1 contract

Samples: Amendment and Restatement Agreement

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