Terms & Conditions

1. Definitions and Interpretation 1.1 Definitions. In the Loan Documents, unless there is anything repugnant to the subject or context thereof, the expressions listed below shall have the following special meaning as assigned to them: Upon the occurrence of any of the events as described in this Clause 7, the events shall be deemed to be an “Event of Default” for the purposes of the Loan Documents. The Borrower agrees and acknowledges that the VisionFund shall be entitled to (without being required to provide any notice to the Borrower) exercise one or more of the remedies set out in Clause 8 of this GTC if any Event of Default as set out below occurs:

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