Curtailment of Business. if the business of any of the Security Parties is wholly or materially curtailed by any intervention by or under authority of any government, or if all or a substantial part of the undertaking, property or assets of any of the Security Parties is seized, nationalised, expropriated or compulsorily acquired by or under authority of any government or any Security Party disposes or threatens to dispose of a substantial part of its business or assets; or
Appears in 16 contracts
Samples: Loan Agreement (Teekay Tankers Ltd.), Loan Agreement (Teekay Offshore Partners L.P.), Teekay LNG Partners L.P.
Curtailment of Business. if If the business of any of the Security Parties is wholly or materially curtailed by any intervention by or under authority of any government, or if all or a substantial part of the undertaking, property or assets of any of the Security Parties is seized, nationalised, expropriated or compulsorily acquired by or under authority of any government or any Security Party disposes or threatens to dispose of a substantial part of its business or assets; or
Appears in 10 contracts
Samples: Loan Agreement (Teekay Offshore Partners L.P.), Loan Agreement (Teekay Offshore Partners L.P.), Loan Agreement
Curtailment of Business. if the business of any of the Security Parties is wholly or materially curtailed by any intervention by or under authority of any government, or if all or a substantial part of the undertaking, property or assets of any of the Security Parties is seized, nationalised, expropriated or compulsorily acquired by or under authority of any government or any Security Party suspends or ceases to carry on or disposes (or threatens to dispose suspend or cease to carry on or dispose) of all or a substantial part of its business or assets; or
Appears in 3 contracts
Samples: Loan Agreement, Loan Agreement (Teekay LNG Partners L.P.), www.lw.com
Curtailment of Business. if the business of any of the Security Parties is wholly or materially partially curtailed by any intervention by or under authority of any government, or if all or a substantial part of the undertaking, property or assets of any of the Security Parties is seized, nationalised, expropriated or compulsorily acquired by or under authority of any government or any Security Party disposes or threatens to dispose of a substantial part of its business or assets; or
Appears in 2 contracts
Samples: Loan Facility Agreement (Stolt Offshore S A), Loan Facility Agreement (Stolt Comex Seaway S A)
Curtailment of Business. if If the business of any of the Security Parties is wholly or materially curtailed by any intervention by or under authority of any government, or if all or a substantial part of the undertaking, property or assets of any of the Security Parties is seized, nationalised, expropriated or compulsorily acquired by or under authority of any government or any Security Party suspends or ceases to carry on or disposes (or threatens to dispose suspend or cease to carry on or dispose) of all or a substantial part of its business or assets; or
Appears in 2 contracts
Samples: Loan Agreement (Teekay LNG Partners L.P.), www.lw.com
Curtailment of Business. if If the business of any of the Security Parties is wholly or materially curtailed by any intervention by or under authority of any government, or if all or a substantial part of the undertaking, property or assets of any of the Security Parties is seized, nationalised, expropriated or compulsorily acquired by or under authority of any government or any Security Party disposes or threatens to dispose of a substantial part of its business or assets, or if any Security Party suspends or ceases to carry on (or threatens to suspend or cease to carry on) all or a material part of its business; or
Appears in 1 contract
Curtailment of Business. if If the business of any of the Security Parties Party is wholly or materially substantially curtailed by any an intervention by or under authority of any government, or if all or a substantial part of the undertaking, property or assets of any of the Security Parties Party is seized, nationalisednationalized, expropriated or compulsorily acquired by or under authority of any government or any Security Party disposes or threatens to dispose of a substantial part of its business or assets; or
Appears in 1 contract
Samples: Pledge Agreement (Stolt Nielsen S A)
