Common use of Banking Moratorium Clause in Contracts

Banking Moratorium. There shall not have occurred and be ------------------ continuing any declaration of any banking moratorium or suspension of payments by banks in the United States or any general limitation on the extension of credit by lending institutions in the United States.

Appears in 6 contracts

Samples: 4 Stock Purchase Agreement (Fox Kids Worldwide Inc), Stock Purchase Agreement (Fox Television Stations Inc /De/), 6 Stock Purchase Agreement (Fox Kids Worldwide Inc)

AutoNDA by SimpleDocs

Banking Moratorium. There shall not have occurred and be ------------------ continuing any declaration of any banking moratorium or suspension of payments by banks in the United States or any general limitation on the extension of credit by lending institutions in the United States.

Appears in 3 contracts

Samples: Stock Purchase Agreement (Regent University), Stock Purchase Agreement (Robertson M G), Stock Purchase Agreement (Christian Broadcasting Network Inc)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.