Credit agreements generally do not contain any provision on the case of a case of force majeure. In the event of non-payment by borrowers as a result of any of the above events, lenders would rely on the “significant adverse events” clause or any other relevant default clause to enforce their rights to the loan agreement. The government`s proclamation of a lockdown period and the ban on trade resulting from Covid-19 do not in themselves relieve borrowers of their repayment obligations. As part of government responses, including “Shelter in Place” or “Safer at Home” (together “Shelter Mandates”) from different United States. .