Common use of Contestability Clause in Contracts

Contestability. If any amount paid to the Finance Parties under the Facilities Agreement or the Agreement and/or other Finance Documents meets (in the opinion of the Pledgee) the criteria under the applicable laws that it can be contested (in Slovak odporovaný) as a contestable transaction (in Slovak odporovateľný úkon) by a person competent to do so under the applicable laws, such sum shall not be deemed for the purposes of this Agreement as irrevocably paid.

Appears in 10 contracts

Samples: www.crz.gov.sk, www.crz.gov.sk, www.crz.gov.sk

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