Common use of Destruction or Expropriation Clause in Contracts

Destruction or Expropriation. If, prior to the Closing Time, there occurs any material destruction or damage by fire or other cause or hazard to any of the properties or assets of the Corporation and/or any Subsidiary, or if such properties or assets or any material part of them are expropriated or forcefully taken by any Governmental Authorities or if notice of intention to expropriate a material part of such properties or assets has been filed in accordance with applicable legislation, then the Purchaser may, at its option, terminate this Agreement by notice to the other Parties.

Destruction or Expropriation. If, prior to the Closing Time, there occurs any material destruction or damage by fire or other cause or hazard to any of the properties or assets of the Corporation and/or any SubsidiaryAssets, or if such properties or assets the Assets or any material part of them are expropriated or forcefully taken by any Governmental Authorities Authority or if notice of intention to expropriate a material part of such properties or assets the Assets has been filed in accordance with applicable legislationApplicable Law, then the Purchaser may, at its option, terminate this Agreement by send written notice to the other PartiesVendors that this Agreement is terminated.

Destruction or Expropriation. If, prior to the Closing Time, there occurs any material destruction or damage by fire or other cause or hazard to any of the properties or assets of the Corporation and/or any SubsidiaryCompany, or if such properties or assets or any material part of them are expropriated or forcefully taken by any Governmental Authorities governmental authority or if notice of intention to expropriate a material part of such properties or assets has been filed in accordance with applicable legislation, then the Purchaser may, at its option, but shall not be obliged to, terminate this Agreement by notice to the other Parties.

Destruction or Expropriation. If, prior to the Closing Time, there occurs any material destruction or damage by fire or other cause or hazard to any of the properties or assets of the Corporation and/or any SubsidiaryAssets, or if such properties or assets the Assets or any material part of them are expropriated or forcefully taken by any Governmental Authorities Agency or if notice of intention to expropriate a material part of such properties or assets the Assets has been filed in accordance with applicable legislationApplicable Law, then the Purchaser Subscriber may, at its option, terminate this Agreement by notice to the other PartiesIssuer.