Common use of Repudiation and rescission of agreements Clause in Contracts

Repudiation and rescission of agreements. An Obligor repudiates or purports to repudiate or rescinds or purports to rescind a Finance Document or any of the Security or evidences an intention to rescind or repudiate a Finance Document or any Security.

Appears in 3 contracts

Samples: Agreement, Facility Agreement (Strategic Hotels & Resorts, Inc), Facility Agreement (Strategic Hotels & Resorts, Inc)

AutoNDA by SimpleDocs

Repudiation and rescission of agreements. (a) An Obligor Obligor, the Personal Guarantor or any Onshore Depositor rescinds or purports to rescind or repudiates or purports to repudiate or rescinds or purports to rescind a Finance Document or any of the Security to which it is a party or evidences an intention to rescind or repudiate a Finance Document or any SecuritySecurity created pursuant to a Finance Document.

Appears in 2 contracts

Samples: Facility Agreement (Sequoia Capital China I Lp), Facility Agreement (Chiu Na Lai)

Repudiation and rescission of agreements. (a) An Obligor rescinds or purports to rescind or repudiates or purports to repudiate or rescinds or purports to rescind a Finance Document or any of the Transaction Security Documents or evidences an intention to rescind or repudiate a Finance Document or any Securitya Transaction Security Document.

Appears in 2 contracts

Samples: Notes Purchase Agreement (Membership Collective Group Inc.), Notes Purchase Agreement (Membership Collective Group Inc.)

Repudiation and rescission of agreements. (a) An Obligor repudiates or purports to repudiate or rescinds or purports to rescind repudiates a Finance Document or any of the Transaction Security or evidences an intention to rescind or repudiate a Finance Document or any of the Transaction Security.

Appears in 2 contracts

Samples: Agreement (Alliance Data Systems Corp), Agreement (Alliance Data Systems Corp)

Repudiation and rescission of agreements. An Obligor rescinds or purports to rescind or repudiates or purports to repudiate or rescinds or purports to rescind a Finance Document or any of the Security or evidences an intention to rescind or repudiate a Finance Document or any SecurityDocument.

Appears in 2 contracts

Samples: Loan Facilities Agreement, Facility Agreement (Sibanye Gold LTD)

Repudiation and rescission of agreements. (a) An Obligor (i) rescinds or purports to rescind or repudiates or purports to repudiate or rescinds or purports to rescind a Finance Document or any of the Security or (ii) evidences an intention to rescind or repudiate a Finance Document or any SecurityDocument.

Appears in 2 contracts

Samples: Common Terms Agreement, Common Terms Agreement

Repudiation and rescission of agreements. (a) An Obligor rescinds or purports to rescind or repudiates or purports to repudiate or rescinds or purports to rescind a Finance Document or any of the Security Transaction Encumbrances or evidences an intention to rescind or repudiate a Finance Document or any Securityof the Transaction Encumbrances.

Appears in 2 contracts

Samples: Loan Agreement (Euroseas Ltd.), Performance Shipping Inc.

Repudiation and rescission of agreements. An Obligor rescinds or purports to rescind or repudiates or purports to repudiate or rescinds or purports to rescind a Finance Document (other than in the case of a termination of the Offtake Agreement in accordance with its terms) or any of the Transaction Security or evidences an intention to rescind or repudiate a Finance Document or any Transaction Security.

Appears in 1 contract

Samples: Senior Facilities Agreement (Asanko Gold Inc.)

Repudiation and rescission of agreements. (a) An Obligor rescinds or purports to rescind or repudiates or purports to repudiate or rescinds or purports to rescind a Finance Document or any of the Security or evidences an intention to rescind or repudiate a Finance Document or any SecurityDocument.

Appears in 1 contract

Samples: Performance Shipping Inc.

Repudiation and rescission of agreements. An Obligor rescinds or purports to rescind or repudiates or purports to repudiate or rescinds or purports to rescind a Finance Document or any of the Transaction Security or evidences an intention to rescind or repudiate a Finance Document or any Transaction Security.

Appears in 1 contract

Samples: Facility Agreement (Gulfmark Offshore Inc)

Repudiation and rescission of agreements. An Any Obligor rescinds or purports to rescind or repudiates or purports to repudiate or rescinds or purports to rescind a Finance Transaction Document or any of the Security or evidences an intention (in writing) to rescind or repudiate a Finance Document or any SecurityTransaction Document.

Appears in 1 contract

Samples: www.edelweissarc.in

AutoNDA by SimpleDocs

Repudiation and rescission of agreements. (a) An Obligor or Holdco rescinds or purports to rescind or repudiates or purports to repudiate or rescinds or purports to rescind a Finance Document or any of the Transaction Security or evidences an intention to rescind or repudiate a Finance Document or any Transaction Security.

Appears in 1 contract

Samples: Senior Facilities Agreement (OpSec Holdings)

Repudiation and rescission of agreements. An Obligor rescinds or purports to rescind or repudiates or purports to repudiate or rescinds or purports to rescind a Finance Document or any of the Security to which it is a party or evidences an intention to rescind or repudiate a Finance Document or any SecurityDocument.

Appears in 1 contract

Samples: Amendment and Restatement Agreement (Sibanye Gold LTD)

Repudiation and rescission of agreements. An Obligor rescinds or purports to rescind or repudiates or purports to repudiate or rescinds or purports to rescind a Finance Document or any of the Security under any Security Documents or evidences an intention to rescind or repudiate a Finance Document or any SecuritySecurity under any Security Documents.

Appears in 1 contract

Samples: Facility Agreement (Tongjitang Chinese Medicines Co)

Repudiation and rescission of agreements. An (a) A Grantor or an Obligor rescinds or purports to rescind or repudiates or purports to repudiate or rescinds or purports to rescind a Finance Document or any of the Transaction Security or evidences an intention to rescind or repudiate a Finance Document or any Transaction Security.

Appears in 1 contract

Samples: Facilities Agreement (Melco Crown Entertainment LTD)

Repudiation and rescission of agreements. An Obligor rescinds or purports to rescind or repudiates or purports to repudiate or rescinds or purports to rescind a Finance Transaction Document or any of the Transaction Security or evidences an intention to rescind or repudiate a Finance Transaction Document or any Transaction Security.

Appears in 1 contract

Samples: Facility Agreement (Grindrod Shipping Holdings Pte. Ltd.)

Repudiation and rescission of agreements. (a) An Obligor or any On-Loan Obligor rescinds or purports to rescind or repudiates or purports to repudiate or rescinds or purports to rescind a Finance Document or any of the Transaction Security or evidences an intention to rescind or repudiate a Finance Document or any Transaction Security.

Appears in 1 contract

Samples: Senior Facilities Agreement (Central European Distribution Corp)

Time is Money Join Law Insider Premium to draft better contracts faster.