Acquisition of Shares or Assets Sample Clauses

Acquisition of Shares or Assets. (a) The GOB undertakes to the Company that neither it nor BPDB, BPDB, nor any Government Authority will expropriate, compulsorily acquire nationalize, or otherwise compulsorily procure any Ordinary Share Capital or assets (except for the exercise of the GOB’s rights pursuant to Section 14.1 to acquire the rights, title and interests of the Company in the Facility
Sample 1Sample 2Sample 3See All (20)
AutoNDA by SimpleDocs
Acquisition of Shares or Assets. The GOP undertakes to the Seller that neither it nor the Purchaser nor any Public Sector Entity will directly or indirectly expropriate, compulsorily acquire, nationalize, or otherwise compulsorily procure (except as provided in Section 15.1 (Compensation Upon Termination) any Ordinary Share Capital, Complex or other assets of the Seller relevant to the Project including, without limitation, any termination, revocation, cancellation or resumption of the Site Sub-lease for any reason other than a breach by Seller of the conditions of the Site Sub-lease entitling such termination, revocation, cancellation or resumption. Notwithstanding the foregoing, but without prejudice to the Seller’s rights set out in Section 14.1(b)(iii), nothing in this Agreement shall be construed as a waiver by the GOP’s exercise of its power of eminent domain, so long as it is exercised in accordance with the Laws of Pakistan and the effect of such exercise does not materially and adversely affect the Seller’s ability to perform its obligations under and enjoy the benefits of the Energy Purchase Agreement, the Complex and/or its other assets relevant to the Project or, without just and adequate compensation (which compensation shall be no less than the Compensation Amounts contemplated under Section 15.1(b)), adversely affect its use and enjoyment of the Site.
Sample 1Sample 2See All (5)
Acquisition of Shares or Assets. 11.1.1 The Government will not and shall procure that the Power Purchaser and the Heat Purchaser will not expropriate, compulsorily acquire, nationalize, or otherwise compulsorily procure any Ordinary Share Capital or material assets (except as provided in Clause 14.1 or in connection with the exercise of any rights relating to any of its security interest in such assets) of the Concessionaire.
Sample 1Sample 2Sample 3
Acquisition of Shares or Assets. The GOP undertakes to the Company that neither it nor the Power Purchaser or any Public Sector Entity will expropriate, compulsorily acquire, nationalize, or otherwise compulsorily procure (except as provided in Section 15.1) any Ordinary Share Capital or material assets of the Company. Notwithstanding the foregoing, nothing in this Agreement shall be construed as a waiver by the GOP or the Power Purchaser of the Power Purchaser’s exercise of its power of eminent domain, so long as it is exercised in accordance with the Laws of Pakistan and the effect of such exercise does not materially and adversely affect the Company’s ability to perform its obligations under and enjoy the benefits of the Power Purchase Agreement or, without just and adequate compensation, adversely affects its use and enjoyment of the Site.
Sample 1
Acquisition of Shares or Assets. The GOL shall not, and shall ensure that each of LEC and each GOL Entity will not, expropriate, compulsorily acquire (except pursuant to Section 3.2 or Article XVIII), nationalize, or otherwise compulsorily procure any Ordinary Share Capital or any other asset of the Company reasonably required for the Project or the performance of its obligations under this Agreement, the Power Purchase Agreement or the other documents comprising the Security Package.
Sample 1
Acquisition of Shares or Assets. The Government undertakes to each Beneficiary that neither it nor CEB, nor any Competent Authority will expropriate, compulsorily acquire, nationalise, or otherwise compulsorily procure any shares or assets of any Beneficiary.
Sample 1
Acquisition of Shares or Assets. The GOP undertakes to the Seller that neither it nor the Purchaser nor any Public Sector Entity will directly or indirectly expropriate, compulsorily acquire, nationalize, or otherwise compulsorily procure (except as provided in Section 15.1 (Compensation Upon Termination) any Ordinary Share Capital, Complex or other assets of the Seller relevant to the Project. Notwithstanding the foregoing, but without prejudice to the Seller’s rights set out in Section 14.1(b)(iii), nothing in this Agreement shall be construed as a waiver by the GOP’s exercise of its power of eminent domain, so long as it is exercised in accordance with the Laws of Pakistan and the effect of such exercise does not materially and adversely affect the Seller’s ability to perform its obligations under and enjoy the benefits of the Energy Purchase Agreement, the Complex and/or its other assets relevant to the Project or, without just and adequate compensation (which compensation, in the event of the Seller being deprived substantially of its rights under this Agreement or the Energy Purchase Agreement, shall be no less than the Compensation Amounts contemplated under Section 15.1(b)), adversely affect its use and enjoyment of the Site.
Sample 1
AutoNDA by SimpleDocs

Related to Acquisition of Shares or Assets

  • Aggregation of Stock All shares of Registrable Securities held or acquired by Affiliates shall be aggregated together for the purpose of determining the availability of any rights under this Agreement and such Affiliated persons may apportion such rights as among themselves in any manner they deem appropriate.

  • Exercise of Option The Over-allotment Option granted pursuant to Section 1.2.1 hereof may be exercised by the Representative as to all (at any time) or any part (from time to time) of the Option Units within 45 days after the effective date (“Effective Date”) of the Registration Statement (as defined in Section 2.1.1 hereof). The Underwriters will not be under any obligation to purchase any Option Units prior to the exercise of the Over-allotment Option. The Over-allotment Option granted hereby may be exercised by the giving of oral notice to the Company by the Representative, which must be confirmed in accordance with Section 10.1 herein setting forth the number of Option Units to be purchased and the date and time for delivery of and payment for the Option Units (the “Option Closing Date”), which will not be later than five (5) full Business Days after the date of the notice or such other time and in such other manner as shall be agreed upon by the Company and the Representative, at the offices of EG&S or at such other place (including remotely by facsimile or other electronic transmission) as shall be agreed upon by the Company and the Representative. If such delivery and payment for the Option Units does not occur on the Closing Date, the Option Closing Date will be as set forth in the notice. Upon exercise of the Over-allotment Option, the Company will become obligated to convey to the Underwriters, and, subject to the terms and conditions set forth herein, the Underwriters will become obligated to purchase, the number of Option Units specified in such notice.

  • Reservation of Shares The Company will reserve and keep available that maximum number of its authorized but unissued securities which are issuable upon exercise of the Warrants and Placement Warrants outstanding from time to time.

  • Exercise of Options (a) The Option shall be exercised in accordance with the provisions of the Plan. As soon as practicable after the receipt of notice of exercise and payment of the Exercise Price as provided for in the Plan, the Company shall tender to the Optionee a certificate issued in the Optionee’s name evidencing the number of Option Shares covered thereby.

  • Shares The term “

  • Capital Stock Upon the terms and subject to the conditions set forth in this Agreement, at the Effective Time, by virtue of the Merger and without any action on the part of Parent, Merger Sub, the Company, or the holders of any of the following securities, the following shall occur:

  • Common Stock 1 Company........................................................................1

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!