Event of Eminent Domain definition

Event of Eminent Domain with respect to any Property, (a) any compulsory transfer or taking by condemnation, seizure, eminent domain or exercise of a similar power, or transfer under threat of such compulsory transfer or taking or confiscation of such Property or the requisition of the use of such Property, by any agency, department, authority, commission, board, instrumentality or political subdivision of any state, the United States or another Governmental Authority having jurisdiction or (b) any settlement in lieu of clause (a) above.
Event of Eminent Domain means any compulsory transfer or taking or transfer under threat of compulsory transfer or taking of any material part of the collateral by any Governmental Authority.
Event of Eminent Domain means any action or series of actions by any Governmental Authority (a) by which such Governmental Authority appropriates, confiscates, condemns, expropriates, nationalizes, seizes or otherwise takes any part of the Collateral (in whole or in part) or (b) by which such Governmental Authority assumes custody or control of the Property (other than immaterial portions of such Property) or business operations of the Borrower or any Guarantor or any Equity Interests in the Borrower or any Guarantor.

Examples of Event of Eminent Domain in a sentence

  • The Developer consents to the participation of the AHIP Acquiring Subsidiary in any proceedings resulting from an Event of Eminent Domain, and the Developer shall from time to time deliver to the AHIP Acquiring Subsidiary all documents and instruments reasonably requested by it to permit such participation.


More Definitions of Event of Eminent Domain

Event of Eminent Domain means any compulsory transfer or taking or transfer under threat of compulsory transfer or taking of any material property or asset owned by the Operating Company or any Project Company, by any governmental authority.
Event of Eminent Domain means, with respect to any property, (a) any compulsory transfer or taking by condemnation, seizure, eminent domain or exercise of a similar power, or transfer under threat of such compulsory transfer or taking or confiscation of such property or the requisition of the use of such property, by any agency, department, authority, commission, board, instrumentality or political subdivision of any state, the United States or another Governmental Authority having jurisdiction or (b) any settlement in lieu of any of the actions described in clause (a) above.
Event of Eminent Domain means, with respect to any Property:
Event of Eminent Domain means any compulsory transfer or taking, or transfer under threat of compulsory transfer or taking, of a material part of the Energy Complex by any Governmental Authority or any Person acting with the authority thereof for more than six (6) months, unless such transfer or taking is the subject of a Good Faith Contest.
Event of Eminent Domain means any compulsory transfer or taking by condemnation, eminent domain or exercise of a similar power, or transfer under threat of such compulsory transfer or taking, of any part of the Project, by any agency, department, authority, commission, board, instrumentality or political subdivision of the State in which the Project is located, the United States or another Governmental Authority having jurisdiction.
Event of Eminent Domain shall have the meaning assigned to such term in the Depositary Agreement.
Event of Eminent Domain means any compulsory transfer or taking by condemnation, eminent domain or exercise of a similar power, or transfer under threat of such compulsory transfer or taking, of any part of the Collateral or any of the mortgaged property described in a mortgage by any agency, department, authority, commission, board, instrumentality or political subdivision of the State of Hawaii, the United States or another Governmental Authority having jurisdiction.