Common use of Unlawfulness and invalidity Clause in Contracts

Unlawfulness and invalidity. (a) It is or becomes unlawful for the Borrower to perform any of its obligations under the Finance Documents or any Security created or expressed to be created or evidenced by the Security Documents ceases to be effective. (b) Any obligation or obligations of the Borrower under any Finance Documents are not (subject to the Legal Reservations) or cease to be legal, valid, binding or enforceable and the cessation individually or cumulatively materially and adversely affects the interests of the Lenders under the Finance Documents. (c) Any Finance Document ceases to be in full force and effect or any Security ceases to be legal, valid, binding, enforceable or effective or is alleged by a party to it (other than the Lender) to be ineffective.

Unlawfulness and invalidity. (a) It is or becomes unlawful for the Borrower an Obligor to perform any of its obligations under the Finance Documents or any Transaction Security created or expressed to be created or evidenced by the Transaction Security Documents ceases to be effectiveeffective or any subordination created under the Subordination Agreement is or becomes unlawful. (b) Any obligation or obligations of the Borrower an Obligor under any Finance Documents are not (subject to the Legal Reservations) or cease to be legal, valid, binding or enforceable and the cessation individually or cumulatively materially and adversely affects the interests of the Lenders under the Finance DocumentsLender. (c) Any Finance Document ceases to be in full force and effect or any Transaction Security ceases to be legal, valid, binding, enforceable or effective or is alleged by a party to it (other than the Lender) to be ineffective.

Unlawfulness and invalidity. (a) It is or becomes unlawful for the Borrower an Obligor to perform any of its obligations under the Finance Documents or any Transaction Security created or expressed to be created or evidenced by the Transaction Security Documents ceases to be effective. (b) Any obligation or obligations of the Borrower any Obligor under any Finance Documents are not (subject to the Legal Reservations) or cease to be legal, valid, binding or enforceable and the cessation individually or cumulatively materially and adversely affects the interests of the Lenders under the Finance Documents. (c) Any Finance Document ceases to be in full force and effect or any Transaction Security ceases to be legal, valid, binding, enforceable or effective or is alleged by a party to it (other than the Lendera Finance Party) to be ineffective.

Unlawfulness and invalidity. (a) It is or becomes unlawful for the Borrower an Obligor, to perform any of its obligations under the Finance Documents or any Transaction Security created or expressed to be created or evidenced by the Transaction Security Documents ceases to be effective. (b) Any obligation or obligations of the Borrower any Obligor under any Finance Documents Document are not (subject to the Legal Reservations) or cease to be legal, valid, binding or enforceable and the cessation individually or cumulatively materially and adversely affects the interests of the Lenders under the Finance Documents. (c) Any Finance Document ceases to be in full force and effect or any Transaction Security ceases to be legal, valid, binding, binding enforceable or effective or is alleged by a party to it (other than the Lendera Finance Party) to be ineffective.

Unlawfulness and invalidity. (a) It is or becomes unlawful for the Borrower an Obligor to perform any of its obligations under the Finance Documents or any Transaction Security created or expressed to be created or evidenced by the Transaction Security Documents ceases to be effective. (b) Any obligation or obligations of the Borrower any Obligor under any Finance Documents are not (subject to the Legal Reservations) or cease to be legal, valid, binding or enforceable and the cessation individually or cumulatively materially and adversely affects the interests of the Lenders Finance Parties under the Finance Documents. (c) Any Finance Document ceases to be in full force and effect or any Transaction Security ceases to be legal, valid, binding, enforceable or effective or is alleged by a party to it (other than the Lendera Finance Party) to be ineffective.

Unlawfulness and invalidity. (a) It is or becomes unlawful for the Borrower an Obligor to perform any of its obligations under the Finance Documents or any Transaction Security created or expressed to be created or evidenced by the Transaction Security Documents ceases to be effective. (b) Any obligation or obligations of the Borrower any Obligor under any Finance Documents Document are not (subject to the Legal Reservations) or cease to be legal, valid, binding or enforceable and the cessation individually or cumulatively materially and adversely affects effects the interests of the Lenders under the Finance Documents. (c) Any Finance Document ceases to be in full force and effect or any Transaction Security ceases to be legal, valid, binding, enforceable or effective or is alleged by a party to it (other than the Lendera Finance Party) to be ineffective.

Unlawfulness and invalidity. (a) It is or becomes unlawful for the Borrower an Obligor or any Security Provider to perform any of its material obligations under the Finance Documents or any Security created subordination effected or expressed purported to be created effected under the Finance Documents is or evidenced by the Security Documents ceases to be effectivebecomes unlawful. (b) Any obligation or obligations of the Borrower any Obligor or any Security Provider under any Finance Documents are not (subject to the Legal Reservations) or cease to be legal, valid, binding or enforceable and the cessation individually or cumulatively materially and adversely affects the interests of the Lenders under the Finance Documentsenforceable. (c) Any Finance Document ceases to be in full force and effect or any Transaction Security or any subordination created under the Finance Documents ceases to be legal, valid, binding, enforceable or effective or is alleged by a party to it (other than the Lendera Finance Party) to be ineffective.

Unlawfulness and invalidity. (a) It is or becomes unlawful for the Borrower an Obligor to perform any of its obligations under the Finance Transaction Documents or any Security encumbrance created or expressed to be created or evidenced by the Security Documents ceases to be effective. (b) Any obligation or obligations of the Borrower any Obligor under any Finance Documents Document are not (subject to the Legal Reservationsany legal reservations) or cease to be legal, valid, binding or enforceable and the cessation individually or cumulatively materially and adversely affects the interests of the Lenders Lender under the Finance Documents. (c) Any Finance Document ceases to be in full force and effect or any encumbrance created or expressed to be created or evidenced by the Security Documents ceases to be legal, valid, binding, enforceable or effective or is alleged by a party to it (other than the LenderLender or the Hedging Bank) to be ineffective.

Unlawfulness and invalidity. (a) It is or becomes unlawful for the Borrower an Obligor to perform any of its obligations under the Finance Transaction Documents or any Transaction Security created or expressed to be created or evidenced by the Transaction Security Documents ceases to be effective. (b) Any obligation or obligations of the Borrower any Obligor under any Finance Transaction Documents are not (subject to the Legal Reservations) or cease to be legal, valid, binding or enforceable and the cessation individually or cumulatively materially and adversely affects the interests of the Lenders under the Finance Documents. (c) Any Finance Transaction Document ceases to be in full force and effect or any Transaction Security ceases to be legal, valid, binding, enforceable or effective or is alleged by a party to it (other than the Lendera Finance Party) to be ineffective.

Unlawfulness and invalidity. (a) It is or becomes unlawful for the Borrower an Obligor to perform any of its obligations under the Finance Documents or any Transaction Security created or expressed to be created or evidenced by the Transaction Security Documents ceases to be effective. (b) Any obligation or obligations of the Borrower any Obligor under any Finance Documents are not (subject to the Legal Reservations) or cease to be legal, valid, binding or enforceable and the cessation individually or cumulatively materially and adversely affects the interests of the Lenders Lender under the Finance Documents. (c) Any Finance Document ceases to be in full force and effect or any Transaction Security ceases to be legal, valid, binding, enforceable or effective or is alleged by a party to it (other than the Lender) to be ineffective.

Unlawfulness and invalidity. (a) It is or becomes unlawful for the Borrower an Obligor or a Security Provider to perform any of its obligations under the Finance Documents or any Security created or expressed to be created or evidenced by the Security Documents ceases to be effective. (b) Any obligation or obligations of the Borrower any Obligor or a Security Provider under any Finance Documents are not (subject to the Legal Reservations) or cease to be legal, valid, binding or enforceable and the cessation individually or cumulatively materially and adversely affects the interests of the Lenders under the Finance Documents. (c) Any Finance Document ceases to be in full force and effect or any Security created under the Security Documents ceases to be legal, valid, binding, enforceable or effective or is alleged by a party to it (other than the Lendera Finance Party) to be ineffective.

Unlawfulness and invalidity. (a) It is or becomes unlawful for the Borrower an Obligor to perform any of its obligations under the Finance Documents to which it is a party or any Security created or expressed to be created or evidenced by the Security Documents Transaction Encumbrance ceases to be effective. (b) Any obligation or obligations of the Borrower any Obligor under any Finance Documents to which it is a party are not (subject to the Legal Reservations) or cease to be legal, valid, binding or enforceable and the cessation individually or cumulatively materially and adversely affects the interests of the Lenders Lender under the Finance Documents. (c) Any Finance Document ceases to be in full force and effect or any Security Transaction Encumbrance ceases to be legal, valid, binding, enforceable or effective or is alleged by a party to it (other than the Lender) to be ineffective.