Common use of Repudiation and rescission of agreements Clause in Contracts

Repudiation and rescission of agreements. The Lender rescinds or purports to rescind or repudiates or purports to repudiate the EMFS Guarantee or evidences an intention to rescind or repudiate the EMFS Guarantee.

Repudiation and rescission of agreements. The Lender Borrower rescinds or purports to rescind or repudiates or purports to repudiate the EMFS Guarantee a Finance Document or evidences an intention to rescind or repudiate the EMFS Guaranteea Finance Document.