EOS 4.98% $1.58 electro optic systems holdings limited

When In Breach?

  1. 1,821 Posts.
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    Is a company in breach of its lending agreement after it's failure to pay debts when due;

    or;

    Is a company in breach of its lending agreement only after the lender informs the company that it (the lender) is taking control of said company in order to defend/protect it's funds/money?

 
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