An Obligor. 24.6.1.1 is unable or admits inability to pay its debts as they fall due; 24.6.1.2 suspends making payments on any of its debts; or 24.6.1.3 by reason of actual or anticipated financial difficulties, commences negotiations with one or more of its creditors with a view to rescheduling any of its indebtedness.
Appears in 4 contracts
Sources: Revolving Credit Facility Agreement (Sibanye Stillwater LTD), Revolving Facility Agreement (Sibanye Gold LTD), Revolving Credit Facility Agreement (Sibanye Stillwater LTD)