Common use of No Moratorium Clause in Contracts

No Moratorium. Notwithstanding the declaration of any general moratorium or “standstill” (or any order or regulation having a similar effect) declared by the government of India or any Governmental Authority in respect of the payment or repayment of any company’s financial indebtedness (whether in the nature of principal, interest or otherwise), the Issuer shall continue to make all payments of Debt on the applicable Due Date(s).