Illegality Примери клазула
Illegality. If, in any applicable jurisdiction, it becomes unlawful for KfW to perform any of its obligations as contemplated by this Loan Agreement or to fund or maintain the Loan, upon KfW notifying the Borrower
a) the commitment of KfW will be immediately cancelled, and
b) the Borrower shall repay the Loan in full on the date specified by KfW in the notice delivered to the Borrower (being no earlier than the last day of any applicable grace period permitted by law). For the avoidance of doubt, any cancellation hereunder will be subject to Article 3.6 (Non-Utilisation Fee) and any repayment of the Loan hereunder constitutes a prepayment and will be subject to the provisions set out in Article 6.4 c) (Prepayment Fee) and d) (Amounts due).
Illegality. If, in any applicable jurisdiction, it becomes unlawful for KfW to perform any of its obligations as contemplated by this Loan Agreement or to fund or maintain the Loan (the ʺIllegality Eventʺ), upon KfW notifying the Borrower
a) the commitment of KfW will be immediately cancelled, and
b) the Borrower shall repay the Loan in full on the date specified by KfW in the notice delivered to the Borrower by KfW (being no earlier than the last day of any applicable grace period permitted by law). In its notice hereunder, KfW will provide a reasonable explanation regarding the Illegality Event. KfW and the Borrower may agree on another repayment date or on repayment in instalments. For the avoidance of doubt, any cancellation hereunder will be subject to Article 3.6.
Illegality. If, in any applicable jurisdiction, it becomes unlawful for KfW to perform any of its obligations as contemplated by this Loan Agreement or to fund or maintain the Loan (the ʺIllegality Eventʺ), upon KfW notifying the Borrower
a) the commitment of KfW will be immediately cancelled, and
b) the Borrower shall repay the Loan in full on the date specified by KfW in the notice delivered to the Borrower by KfW (being no earlier than the last day of any applicable grace period permitted by law). In its notice hereunder, KfW will provide a reasonable explanation regarding the Illegality Event. KfW and the Borrower may agree on another repayment date or on repayment in instalments. For the avoidance of doubt, any cancellation hereunder will be subject to Article 3.6 (Non-Utilisation Fee)and any repayment of the Loan hereunder constitutes a prepayment and will be subject to the provisions set out in Article 6.4 c) (Prepayment Fee) and d) (Amounts due).
Illegality. If, in any applicable jurisdiction, at any time, it is or will become unlawful for any Lender to perform any of its obligations as contemplated by this Agreement or to fund, issue or maintain its participation in any Loan or at any time, it is or will become unlawful for any Affiliate of a Lender for that Lender to do so:
(a) that ▇▇▇▇▇▇ shall promptly notify the Agent upon becoming aware of that event;
(b) upon the Agent notifying the Borrower, the Available Commitment of that Lender will be immediately cancelled; and
(c) to the extent that the Lender's participation has not been transferred pursuant to paragraph (d) of Clause 7.8 (Right of replacement or repayment and cancellation in relation to a single Lender), the Borrower shall repay that ▇▇▇▇▇▇'▇ participation in the Loans made to the Borrower on the last day of the Interest Period for each Loan occurring after the Agent has notified the Borrower or, if earlier, the date specified by the Lender in the notice delivered to the Agent (being no earlier than the last day of any applicable grace period permitted by law) and the amount of the Repayment Instalments for each Repayment Date falling after that prepayment will reduce pro rata by the amount of the Loan prepaid.
Illegality. If it is or becomes unlawful in any jurisdiction for the CEB to make, maintain or fund the Loan or perform any of its obligations under this Agreement, this would constitute an event in the terms of Article 3.3 (h) of the Loan Regulations and may give rise to the suspension, cancellation or early reimbursement of the Loan under the terms of Articles 3.3 (Early reimbursement of disbursed loans), 3.5 (Suspension by the Bank of undisbursed loans) and 3.6 (Cancellation by the Bank of undisbursed loans) of the Loan Regulations.
Illegality. If, in any applicable jurisdiction, it becomes unlawful for KfW to perform any of its obligations as contemplated by this Loan Agreement or to fund or maintain the Loan, upon KfW notifying the Borrower
a) the commitment of KfW will be immediately cancelled, and
b) the Borrower shall repay the outstanding Loan in accordance with the notice delivered to the Borrower by KfW (being no earlier than the last day of any applicable grace period permitted by law). For the avoidance of doubt, any cancellation hereunder will be subject to Article 3.6.
