(Credit Event) – Indian counsel Sample Clauses

(Credit Event) – Indian counsel. Section 4.1 provides that a Credit Event will occur notwithstanding that the actual event is subject to a defense based on a number of factors, including (but not limited to), unenforceability, illegality, any applicable law or regulation, imposition of exchange controls etc. Pls advise if there are any Indian specific defenses that shd be included in addition to those already listed in Section 4.1.] Section 4.1 (Credit Event) is modified by deleting sub-paragraph (c) in its entirety and replacing it with the following:
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