Common use of Moratorium Clause in Contracts

Moratorium. Any moratorium is declared on the payment of any external indebtedness of the Russian Federation or of Russian residents generally.

Moratorium. Any moratorium is declared on the payment of any external indebtedness of the Russian Federation or of Russian residents generally, and such event, in the reasonable opinion of the Majority Lenders, has a Material Adverse Effect.

Moratorium. Any moratorium is declared on the payment of any external indebtedness of the Russian Federation or Ukraine or of Russian or Ukrainian residents generally.

Moratorium. Any moratorium is declared on the payment of any external indebtedness of the Russian Federation or of Russian residents generallygenerally which has the effect of prohibiting, restricting or delaying any payment by the Borrower or any member of the Group under the Finance Documents.