Common use of Cancellation of Payment Obligation Clause in Contracts

Cancellation of Payment Obligation. Any Governmental Authority or any other dominant authority asserting or exercising de jure or de facto governmental or police powers in Argentina in accordance with Argentine Law or in Mexico in accordance with Mexican Law shall, by moratorium Laws or otherwise, cancel, suspend or defer the obligation of any Loan Party to pay any amount required to be paid hereunder or under any other Credit Document; or

Appears in 2 contracts

Samples: Loan Agreement (Vista Oil & Gas, S.A.B. De C.V.), Loan Agreement (Vista Oil & Gas, S.A.B. De C.V.)

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Cancellation of Payment Obligation. Any Governmental Authority or any other dominant authority asserting or exercising de jure or de facto governmental or police powers in Argentina in accordance with Argentine Law or in Mexico in accordance with Mexican Law law, shall, by moratorium Laws or otherwise, cancel, suspend or defer the obligation of any Loan Party the Borrower to pay any amount required to be paid hereunder or under any other Credit Document; or

Appears in 2 contracts

Samples: Senior Secured Loan Agreement, Senior Secured Loan Agreement (PCT LLC)

Cancellation of Payment Obligation. Any Governmental Authority or any other dominant authority asserting or exercising de jure or de facto governmental or police powers in Argentina in accordance with Argentine Law or in Mexico in accordance with Mexican Law law, shall, by moratorium Laws or otherwise, cancel, suspend or defer the obligation of any either Loan Party to pay any amount required to be paid hereunder or under any other Credit Document; or

Appears in 2 contracts

Samples: Loan Agreement, Senior Secured Loan Agreement (PCT LLC)

Cancellation of Payment Obligation. Any Governmental Authority or any other dominant authority asserting or exercising de jure or de facto governmental or police powers in Argentina in accordance with Argentine Law or in Mexico in accordance with Mexican Law shall, by moratorium Laws or otherwise, cancel, suspend or defer the obligation of any Loan Party the Borrower to pay any amount required to be paid hereunder or under any other Credit Document; or

Appears in 1 contract

Samples: Bridge Facility Senior Secured Bridge Loan Agreement (Pampa Energy Inc.)

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Cancellation of Payment Obligation. Any Governmental Authority or any other dominant authority asserting or exercising de jure or de facto governmental or police powers in Argentina in accordance with Argentine Law or in Mexico in accordance with Mexican Law shall, by moratorium Laws laws or otherwise, cancel, suspend or defer the obligation of any Loan Party the Issuers to pay any amount required to be paid hereunder or under the Notes, or the obligations of any of the Issuers or the Purchasing Agents under any other Credit Purchase Document; or

Appears in 1 contract

Samples: Note Purchase Agreement (Supercanal Holding Sa)

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