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: Facility Agreement, Amendment and Restatement Deed (Strategic Hotels & Resorts, Inc), Facility Agreement (Strategic Hotels & Resorts, Inc)

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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: Revolving Facility Agreement (Sibanye Gold LTD), Term Loan Facilities Agreement

Repudiation and rescission of agreements. An Obligor repudiates or purports to repudiate or rescinds or purports Pledgor declares its intention to rescind a Finance Document or any of the Security performs actions aimed at challenging or evidences an intention to rescind or repudiate rescinding a Finance Document Document, or any Securityrepudiates it (except for situations where this is permitted by the Finance Documents).

Appears in 2 contracts

Samples: Syndicated Facility Agreement (HeadHunter Group PLC), Amendment Agreement No. 5 to Syndicated Facility Agreement (HeadHunter Group PLC)

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: Term Facility Agreement (Tongjitang Chinese Medicines Co)

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: Multicurrency 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: Debenture Trust Deed

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: Revolving Facility Agreement (Sibanye Gold LTD)

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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. 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 Transaction Encumbrances or evidences an intention to rescind or repudiate a Finance Document or any Securityof the Transaction Encumbrances.

Appears in 1 contract

Samples: Secured Loan Agreement (Performance Shipping Inc.)

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