Common use of Expropriation Event Clause in Contracts

Expropriation Event. An Expropriation Event shall occur with respect to either Loan Party or any Subsidiary of the Borrower, which individually or taken together with any other Expropriation Event, involves an aggregate value equivalent of $10,000,000 or more; or

Appears in 2 contracts

Samples: Loan Agreement, Senior Secured Loan Agreement (PCT LLC)

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Expropriation Event. An Expropriation Event shall occur with respect to either Loan Party the Borrower or any Subsidiary of the BorrowerSubsidiary, which individually or taken together with any other Expropriation Event, involves an aggregate value equivalent of $10,000,000 15,000,000 or more; or

Appears in 2 contracts

Samples: Senior Secured Loan Agreement, Senior Secured Loan Agreement (PCT LLC)

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Expropriation Event. An Expropriation Event shall occur with respect to either Loan Party the Borrower or any Subsidiary of the BorrowerSubsidiary, which individually or taken together with any other Expropriation Event, involves an aggregate value equivalent of $10,000,000 5,000,000 or more; or

Appears in 1 contract

Samples: Senior Secured Term Loan Facility (PCT LLC)

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