Unlawful Government Action
In addition to the possibility of changes in the law or regulation of the United Kingdom which may have a material adverse effect on the [Transaction Documents, the Parties and/or the Transaction], the United Kingdom government has indicated in Parliament that it intends to introduce legislation and otherwise act in breach the provisions of its treaty with the European Union in relation to the United Kingdom's withdrawal from the European Union and related arrangements for trade in goods and services (and therefore the provisions of the European Union (Withdrawal Agreement) Act 2020 which approved that treaty). This indication, and any such violations of international and/or national law, may have a material adverse effect on the [Transaction Documents, the Parties, the Transaction] and/or some or all investors' willingness to purchase the [Notes][Shares]; and may result in material uncertainties as to their true legal position which may not be practicable to resolve or which may require the [Parties] and/or investors to await the result of relevant legal proceedings or incur significant expenditure on legal fees, costs and expenses with their respective advisers to resolve such uncertainty themselves, including via legal proceedings which may not be successful.
No comments:
Post a Comment