Common use of Resignation of a Debtor Clause in Contracts

Resignation of a Debtor. Security Provider) and, for the purposes of Clause 9.2 (Order of Application – Debt Claim Recoveries) only, shall be deemed to include a Refinancing Obligor to the extent of its Borrowing Liabilities.

Resignation of a Debtor. Security Provider) and, for the purposes of Clause 9.2 10.2 (Order of Application – Debt Claim Recoveries) only, shall be deemed to include a Refinancing Obligor to the extent of its Borrowing Liabilities.