Common use of Legality, etc Clause in Contracts

Legality, etc. No change shall have occurred after December 14, ------------- 1996 in Governmental Rules that, in the reasonable opinion of the Owner Participant, would make it illegal or unduly burdensome for the Trust Company, the Owner Trust, the Charterer, the Guarantor, the Indenture Trustee or any Participant to participate in any of the transactions contemplated by the Operative Documents to be consummated on the Closing Date.

Legality, etc. No change shall have occurred after December 14, ------------- 1996 in Governmental Rules that, in the reasonable opinion of the Owner ParticipantCharterer, would make it illegal or unduly burdensome for the Trust Company, the Owner Trust, the Charterer, the Guarantor, the Owner Trustee, the Indenture Trustee, the Pass Through Trustee or any Participant to participate in any of the transactions contemplated by the Operative Documents to be consummated on the Closing Date.

Legality, etc. No change shall have occurred after December 14November 21, ------------- 1996 1997 in Governmental Rules that, in the reasonable opinion of the Owner ParticipantCharterer, would make it illegal or unduly burdensome for the Trust Company, the Owner Trust, the Charterer, the Guarantor, the Owner Trustee, the Indenture Trustee, the Pass Through Trustee or any Participant to participate in any of the transactions contemplated by the Operative Documents to be consummated on the Closing Date.

Legality, etc. No change shall have occurred after December 14August 28, ------------- 1996 1997 in Governmental Rules that, in the reasonable opinion of the Owner ParticipantCharterer, would make it illegal or unduly burdensome for the Trust Company, the Owner Trust, the Charterer, the Guarantor, the Seller, the Owner Trustee, the Owner Participant, the Owner Participant Guarantor, the Indenture Trustee, the Pass Through Trustee or any other Participant to participate in any of the transactions contemplated by the Operative Documents or the Pass Through Trust Documents to be consummated on the Closing Funding Date.

Legality, etc. No change shall have occurred after December 14August 28, ------------- 1996 1997 in Governmental Rules that, in the reasonable opinion of the Owner such Participant, would make it illegal or unduly burdensome for the Trust CompanyCharterer, the Seller, the Guarantor, the Owner TrustTrustee, the Charterer, the Owner Participant Guarantor, the Indenture Trustee or any Participant to participate in any of the transactions contemplated by the Operative Documents to be consummated on the Closing Funding Date.