Refrain from illegality. The Security Trustee may refrain from doing anything which in its opinion will or may be contrary to any relevant law, directive or regulation of any jurisdiction which would or might otherwise render it liable to any person, and the Security Trustee may do anything which is, in its opinion, necessary to comply with any law, directive or regulation.
Appears in 15 contracts
Sources: Amendment and Restatement Agreement (Validus Holdings LTD), Amendment and Restatement Agreement (Genesco Inc), Standby Letter of Credit Facility Agreement (Validus Holdings LTD)
Refrain from illegality. The Security Trustee may refrain from doing anything which in its opinion will or may be contrary to any relevant law, directive or regulation of any jurisdiction which would or might otherwise render it liable to any person, and the Security Trustee may do anything which is, in its opinion, necessary to comply with any such law, directive or regulation.
Appears in 6 contracts
Sources: Intercreditor Deed (Fx Energy Inc), Intercreditor Deed (Fx Energy Inc), Intercreditor Deed (Fx Energy Inc)
Refrain from illegality. The Notwithstanding anything to the contrary expressed or implied in the Finance Documents, the Security Trustee may refrain from doing anything which in its opinion will or may be contrary to any relevant law, directive or regulation of any jurisdiction which would or might otherwise render it liable to any person, and the Security Trustee may do anything which is, in its opinion, necessary to comply with any such law, directive or regulation.
Appears in 5 contracts
Sources: Credit Agreement (DHT Holdings, Inc.), Credit Agreement (DHT Holdings, Inc.), Loan Agreement (Prestige Cruises International, Inc.)
Refrain from illegality. The Notwithstanding anything to the contrary expressed or implied in the Debt Documents, the Security Trustee may refrain from doing anything which in its opinion will or may be contrary to any relevant law, directive or regulation of any jurisdiction which would or might otherwise render it liable to any person, and the Security Trustee may do anything which is, in its opinion, necessary to comply with any such law, directive or regulation.
Appears in 3 contracts
Sources: Note Purchase Agreement (Luxfer Holdings PLC), Intercreditor Agreement (InterXion Holding N.V.), Intercreditor Agreement (InterXion Holding N.V.)
Refrain from illegality. The Security Trustee may refrain from doing anything which in its opinion will would or may might be contrary to any relevant law, directive or regulation of any jurisdiction or which would or might otherwise render it liable to any person, and the Security Trustee may do anything which is, in its opinionabsolute discretion, necessary to comply with any such law, directive or regulationregulation of any such jurisdiction.
Appears in 1 contract
Sources: Trust Agreement (Marconi Corp PLC)
Refrain from illegality. The Notwithstanding anything to the contrary expressed or implied in the Bond Documents, the Security Trustee may refrain from doing anything which in its opinion will or may be contrary to any relevant law, directive or regulation of any jurisdiction which would or might otherwise render it liable to any person, and the that Security Trustee may do anything which is, in its opinion, necessary to comply with any such law, directive or regulation.
Appears in 1 contract
Sources: Intercreditor Deed