Common use of Impossibility or illegality Clause in Contracts

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.

Appears in 5 contracts

Samples: Bond Agreement, Bond Agreement, Bond Agreement (Ship Finance International LTD)

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Impossibility or illegality. It is or becomes impossible or unlawful for the Issuer or the Ship Owning Company to fulfil or perform any of the terms of any the Finance Document Documents to which it is a party.

Appears in 1 contract

Samples: Bond Agreement

Impossibility or illegality. It is or becomes impossible or unlawful for the Issuer to fulfil or perform any of the terms of any the Finance Document Documents to which it is a party.

Appears in 1 contract

Samples: Bond Agreement (Golar LNG LTD)

Impossibility or illegality. It is or becomes impossible or unlawful for the Issuer to fulfil or perform any of its obligations under the terms of any Finance Document Documents to which it is a party.

Appears in 1 contract

Samples: Bond Agreement

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Impossibility or illegality. It is or becomes impossible or unlawful for the Issuer to fulfil fulfill or perform any of the terms of any Finance Document Documents to which it is a party.

Appears in 1 contract

Samples: Bond Agreement (North Atlantic Drilling Ltd.)

Impossibility or illegality. It is or becomes impossible or unlawful for the Issuer to fulfil fulfill or perform any of the terms of any the Finance Document Documents to which it is a party.

Appears in 1 contract

Samples: Bond Agreement

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