Financial Distress Event Clause Samples

Financial Distress Event. Finance Parties shall notify Borrower and the Authority within 10 Working Days of it becoming aware of:
Financial Distress Event the occurrence of one or more of the events listed in paragraph 1.1 in Part 2 of Schedule 7 (Charges and Financial Distress);
Financial Distress Event. 52.1 The Supplier shall comply with the provisions of Joint Schedule 7 (Financial Difficulties).