Legal Restraint

Legal Restraint. Default Interest Rate means, (i)the principle that fair compensation may be granted or denied in accordance with the discretion of the court; (ii)in relation to bankruptcy, reorganization and other legal events that may generally affect creditors, the laws that enforce the performance of priority obligations; (iii)statutory limitation period of legal restrictions; (iv)defense for set-off and counterclaims; and (v)any other restriction or reservation under any other generally applicable law... set out in the legal opinion delivered to the Facility Agent under this Agreement. View More