Repudiation and rescission of agreements. (a) An Obligor (or to the extent it is a party to a Finance Document, a holding company of an Obligor or the Vendor Note Lender) rescinds or purports to rescind or repudiates or purports to repudiate a Finance Document or any of the Transaction Security or evidences an intention to rescind or repudiate a Finance Document or any Transaction Security which, individually or cumulatively, has materially and adversely affected (or would be reasonably likely to materially and adversely affect) the interests of the Lenders (taken as a whole) under the Finance Documents.
Appears in 2 contracts
Samples: Facility Agreement (Giant Interactive Group Inc.), Facility Agreement (Baring Asia Private Equity Fund v Co-Investment L.P.)
