Common use of Repudiation and rescission of agreements Clause in Contracts

Repudiation and rescission of agreements. A Loan Party (or any other relevant party) rescinds or purports in writing to rescind or repudiates or purports in writing to repudiate a Finance Document or any of the Transaction Security or evidences in writing an intention to rescind or repudiate a Finance Document or any Transaction Security.

Appears in 2 contracts

Samples: Facilities Agreement (Igate Corp), Facilities Agreement (Igate Corp)

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Repudiation and rescission of agreements. A Loan Party Borrower (or any other relevant party) rescinds or purports in writing to rescind or repudiates or purports in writing to repudiate a Finance Document or any of the Transaction Security or evidences in writing an intention to rescind or repudiate a Finance Document or any Transaction SecurityDocument.

Appears in 1 contract

Samples: Facilities Agreement

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