Common use of Moratorium on payments Clause in Contracts

Moratorium on payments. The Borrower and/or the Security Party: (i) enters into or proposes to enter into; or (ii) obtains an order of the Court or any authority granting, a moratorium on the payment of Indebtedness or other suspensions of payments generally; or

Appears in 5 contracts

Samples: Facility Agreement, Facility Agreement, Facility Agreement

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