Legal Impossibility definition

Legal Impossibility means with respect to the remarketing of the Initial Shares and Additional Shares, it is legally impossible to remarket the Initial Shares and Additional Shares pursuant to the applicable Transactional Documents.
Legal Impossibility is defined in Section 1 of the Remarketing Agreement.
Legal Impossibility has the meaning assigned to such term in Section 1 of the Remarketing and Support Agreement.

Examples of Legal Impossibility in a sentence

  • If the defendant, having completed all acts that he had intended, would have committed no crime, he cannot be guilty of an attempt to do the same when he fails to complete all of the intended acts.o Hybrid Legal Impossibility.

  • A defendant cannot be convicted of both a completed offense and an attempt to commit it.§ Defenses and non-Defenses to Attempt.• Impossibility.o Pure Legal Impossibility.

  • The District Court properly applied the law to the case before it.B. IMPOSSIBILITYThe Government misconstrues the Appellee’s argument as one of Factual or Legal Impossibility when in fact it is the absence of the fundamental element of the crime charged.


More Definitions of Legal Impossibility

Legal Impossibility. A contract is void if it provides that something shall be done which cannot, as a matter of law be done.
Legal Impossibility means (i) with respect to the remarketing of the Initial Shares (A) on or at any time after the Initial Repricing Date it is legally impossible to remarket the Initial Shares, including, without limitation, due to the failure of Willxxxx xx have a sufficient number of additional shares of authorized but unissued Willxxxx Xxxmon Stock for conversion of the Initial Shares that have not been reserved for other purposes as of any date on which any Initial Shares are sold or (B) on or after a Trigger Event a material breach by Willxxxx xx its obligations hereunder has occurred, including, without limitation, due to the failure of Willxxxx xx satisfy the Conditions Precedent specified in Sections 12(b) and 12(c) (but excluding Section 12(d)) within the time periods set forth therein except for any breach by Willxxxx xxxch pursuant to the terms hereof would result in a Failed Registration and (ii) with respect to the remarketing of Additional Shares (A) on or at any time after the Reset Date it is legally impossible to remarket the Additional Shares, including, without limitation, due to the failure of Willxxxx xx have a sufficient number of additional shares of authorized but unissued Willxxxx Xxxmon Stock for conversion of the Additional Shares that have not been reserved for other purposes as of any date on which any Additional Shares are sold or (B) the Remarketing Agents are unable to sell sufficient Additional Shares as contemplated by Section 8(f) within 180 days from the earlier of (1) a Partial Remarketing of the Initial Shares or (2) 120 days following any Trigger Event.
Legal Impossibility means (i) with respect to the remarketing of Noble Preferred Stock, (A) upon or at any time after the Initial Repricing Date it is impossible for legal reasons to remarket the Noble Preferred Stock or (B) on or after a Series A-2 Note Trigger Event a material breach by Noble of its obligations hereunder has occurred, including without limitation, due to the failure of Noble to satisfy the Conditions Precedent specified in paragraphs (b) and (c) of Section 12 within the time periods set forth therein except for any breach by Noble which pursuant to the terms hereof would result in a Failed Registration and

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