Analogous event Clause Samples
An "Analogous event" clause defines situations that, while not explicitly listed in a contract, are treated as equivalent to specified events for the purposes of triggering certain rights or obligations. In practice, this clause extends the scope of the contract to cover events that are similar in nature or effect to those already mentioned, such as treating a new type of regulatory change as equivalent to a previously defined force majeure event. The core function of this clause is to ensure comprehensive coverage and reduce ambiguity, preventing parties from exploiting technicalities to avoid their responsibilities when unforeseen but similar circumstances arise.
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Analogous event any event occurs which has an analogous effect to any of the foregoing. If the appointment of the Fiscal Agent, Calculation Agent or any Required Paying Agent is terminated in accordance with this Clause 13.3, the Issuer shall forthwith appoint a successor in accordance with Clause 13.4 (Additional and successor agents).
Analogous event any event occurs which has an analogous effect to any of the foregoing; or
Analogous event. Anything analogous to any of the events specified in paragraphs e) or f) occurs under the laws of any applicable jurisdiction;
Analogous event any event occurs which under the laws of Oman has an analogous effect to any of the events referred to in paragraph (b) or (c) above. References in paragraph (b) above to "debts" shall be deemed to include any debt or other financing arrangement issued (or intended to be issued) in compliance with the principles of ▇▇▇▇▇'a and which is treated as debt for the purposes of applicable law, in each case whether entered into directly or indirectly by the Bank;
Analogous event the occurrence of any event which, under the laws of any jurisdiction, has an analogous or equivalent effect to any of the foregoing events; or
Analogous event any event occurs which, under the law of any relevant jurisdiction, has an analogous or equivalent effect to any of the events mentioned in paragraphs (5), (6), (8) or (10); or
Analogous event any event occurs in respect of such Agent which has an analogous effect to any of the foregoing. If the appointment of the Principal Paying Agent is terminated in accordance with this Clause 10.3, the Issuer or the Guarantor shall forthwith appoint a successor in accordance with Clause 10.4 (Additional and successor agents).
Analogous event any event occurs which under the laws of the Republic of Italy has an analogous effect to any of the events referred to in paragraphs (d) (Unsatisfied judgment) to (h) (Winding up, etc.) above; or
Analogous event any event occurs which, under the law of any --------------- relevant jurisdiction, has an analogous or equivalent effect to any of the events mentioned in paragraphs (v), (vi), (viii) or (ix); and
Analogous event any event occurs which has an analogous effect to any of the foregoing. If the appointment of the Note Registrar, the Principal Paying Agent, the Reference Agent or any Required Agent is terminated by the Note Issuer (acting at the written direction of the Security Trustee) in accordance with the preceding sentence, the Note Issuer (acting as aforesaid) shall give written notice of such termination to each of the Rating Agencies and shall forthwith (or, in the case of the termination of an appointment of a Note Paying Agent as a result of the event set out in Clause 13.3.6 within thirty (30) days after the relevant termination) appoint a successor in accordance with Clause 13.4.