Illegality. Notwithstanding any other provision herein, if by reason of any applicable law or regulation or regulatory requirement (whether or not having the force of law) or any change therein or judicial decision relating thereto or the interpretation or administration or application thereof, it shall become (or shall appear to the Bank that it has or will become) unlawful or otherwise prohibited for the Bank to maintain or give effect to any of its obligations herein, the Bank shall thereupon notify the Customer to that effect, whereafter, the Customer shall immediately upon receipt of such notification from the Bank pay any money owing to the Bank by the Customer.
Illegality. (a) In the event that the Company determines in a reasonable manner that the performance of any of its obligations under the facility letter may be or become unlawful under or not being in compliance with any applicable present or future law, rule, regulation, judgment, order, directive, decree or guideline of any government authority whether inside or outside Hong Kong, without prejudice to the Company’s rights under any law, the facility letter or otherwise to demand immediate repayment by the Borrower of all or part of the outstanding amount of loan, the Company may by notice immediately suspend or withhold or cancel some or all of Company’s obligations, or perform its other obligations, under the Facilities and/or the facility letter. The Company shall not be liable for any losses, damages, fees or expenses whatsoever (whether direct, indirect or consequential including without limitation the loss of profit or interest) suffered or incurred by any party arising out of or in connection with the Company’s suspension or withholding or cancellation as aforesaid.