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.

Appears in 9 contracts

Samples: Export Credit Agreement (Mobile Telesystems Ojsc), Agreement (Mobile Telesystems Ojsc), Agreement (Mobile Telesystems Ojsc)

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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.

Appears in 1 contract

Samples: Agreement (Mobile Telesystems Ojsc)

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.

Appears in 1 contract

Samples: Facility Agreement (MTS Inc)

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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.

Appears in 1 contract

Samples: Lillian Acquisition, Inc.

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