Common use of Supervening legislation Clause in Contracts

Supervening legislation. Any present or future legislation which operates to vary the obligations of the Borrowers in connection with a Transaction Document with the result that the Bank’s rights, powers or remedies are adversely affected (including by way of delay or postponement) is excluded except to the extent that its exclusion is prohibited or rendered ineffective by law.

Supervening legislation. Any present or future legislation which operates to vary the obligations of the Borrowers Borrower in connection with a Transaction Bank Finance Document with the result that the Bank’s a Financier's rights, powers or remedies are adversely affected (including by way of delay or postponement) is excluded except to the extent that its exclusion is prohibited or rendered ineffective by law.

Supervening legislation. Any present or future legislation which operates to vary the your obligations of the Borrowers in connection with a Transaction Document the Loan Agreement with the result that the Bank’s our rights, powers or remedies are adversely affected (including by way of delay or postponement) is excluded except to the extent that its exclusion is prohibited or rendered ineffective by law.

Supervening legislation. Any present or future legislation which operates to vary the obligations of the Borrowers Obligor in connection with a Transaction Document with the result that the Bank’s Financier's rights, powers or remedies are adversely affected (including by way of delay or postponement) is excluded except to the extent that its exclusion is prohibited or rendered ineffective by law.