Common use of Illegality Clause in Contracts

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)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 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 3.63.6 (Non-Utilisation Fee).

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“Illegality Event”), 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 Eventillegality event. KfW and the Borrower may agree on another an alternative repayment date or on repayment in instalments. For the avoidance of doubt, any cancellation hereunder will be subject to Article 3.62.6 (Non-Utilisation Fee).

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“Illegality Event”), 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 an alternative repayment date or on repayment in instalments. For the avoidance of doubt, any cancellation hereunder will be subject to Article 3.6.Article