Common use of Belgian insolvency laws Clause in Contracts

Belgian insolvency laws. The Issuer is subject to applicable insolvency laws. In the event of an insolvency of the Issuer, the application of these insolvency laws may substantially affect the Bondholders' claims to obtain repayment in full of the Bonds, e.g. through a suspension of payments, enforcement measures or an order providing for partial repayment of the Bonds only. During an insolvency procedure the Bondholders will stop receiving interest and principal payments. Court decisions may impact the repayment of the Bond if at all.

Appears in 4 contracts

Samples: montea.com, www.fsma.be, montea.com

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