WebAug 8, 2024 · The Latin term ipso facto translates as “the fact by itself.” It is used in science, philosophy, and law to refer to something that, by the fact that it exists – or that it … WebIpso facto is used when you want a concise way to explain a consequence, result, or fact. It is most often used in very formal situations, such as in the law or in academics, in which …

Validity of Ipso Facto clauses in Indian Insolvency Regime

WebOct 15, 2024 · Examining the ipso facto rules in the UK, EU, Canada, and Germany makes it clear that different jurisdictions often make quite distinct policy choices regarding the rationale for any constraints on ipso facto clauses as well as on the specific nature and scope of the provisions. Webclauses. Not only has Congress failed to impose a categorical bar on ipso facto clauses in loan agreements, but it has enacted other provisions that deal with the potential harms of … raymarine smart controller manual

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WebApr 9, 2024 · ipso facto clause noun : a clause in an agreement stipulating the consequences (as termination of a lease or acceleration of a payment) of the insolvency … WebAug 16, 2024 · An ipso facto clause is a provision in an agreement which permits its termination by one party due to the bankruptcy, insolvency or financial condition of the other party. Bankruptcy Code section 365 (e) (1) prohibits enforcement of ipso facto clauses in executory contracts and unexpired leases [1] and provides as follows: WebApr 5, 2024 · IPSO FACTO clauses are the terms in an agreement that allows a party to terminate the contract in the events of default which generally includes the commencement of voluntary or involuntary insolvency proceedings, the appointment of insolvency representative, amongst others. raymarine smartpilot s2