Common use of Disruption Event means Clause in Contracts

Disruption Event means. (a) a material disruption to the payment or communications systems or to the financial markets which are required to operate in order for payments to be made (or other transactions to be carried out) in connection with the transactions contemplated by the Finance Documents, which is not caused by, and is beyond the control of, any of the Parties; or

Appears in 3 contracts

Samples: Agreement, Agreement (Eros International PLC), Facility Agreement (Baidu, Inc.)

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Disruption Event means. (a) a material disruption to the those payment or communications systems or to the those financial markets which are are, in each case, required to operate in order for payments to be made (or other transactions to be carried out) in connection with the Facilities (or otherwise in order for the transactions contemplated by the Finance Documents, Documents to be carried out) which disruption is not caused by, and is beyond the control of, any of the Parties; or

Appears in 1 contract

Samples: Facilities Agreement (Lesaka Technologies Inc)

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