Standstill agreement

Description

Table of Contents

1. INTERPRETATION
2. TERMINATION POINT
3. OBLIGATIONS OF THE DEBTOR’S GROUP DURING THE STANDSTILL PERIOD
4. OBLIGATIONS OF LENDERS DURING THE STANDSTILL PERIOD
5. PRIORITY FOR NEW MONIES OTHER THAN THROUGH OVERDRAFT FACILITIES
6. PRIORITY FOR NEW MONIES: OVERDRAFT FACILITIES
7. APPLICATION OF REDUCTIONS IN OVERDRAFT FACILITY BALANCES DURING THE STANDSTILL PERIOD
8. COORDINATING BANK
9. NO RELIANCE
10. NO WAIVER
11. ASSIGNMENT AND OTHER DEALINGS
12. ENTIRE AGREEMENT
13. VARIATION
14. NOTICES
15. COUNTERPARTS
16. DISPUTE RESOLUTION
17. GOVERNING LAW