Expropriation Events. Any Government Agency takes or threatens any action:
(a) for the dissolution of the Borrower, or any action which deprives or threatens to deprive the Borrower:
(i) from conducting any of its businesses or carrying out its operations in the manner it is being conducted or carried out; or
(ii) of the use of any of its assets;
(b) to revoke or terminate or to refuse to provide or renew any Authorisation or to impose onerous conditions on the grant or renewal of any Authorisation; or
(c) with a view to regulate, administer, or limit, or assert any form of administrative control over the rates applied, prices charged or rates of return achievable, by the Borrower in connection with its business, which, in each case, in the opinion of any Finance Party, could have a Material Adverse Effect.
Expropriation Events. Any government (including any political or administrative sub-division thereof), governmental authority, agency, official or entity takes any action:
(a) for the dissolution of an Obligor, or any action which deprives or threatens to deprive an Obligor: (a) from conducting any of its businesses or carrying out its operations in the manner it is being conducted or carried out, or (b) of the use of any assets;
(b) to revoke or terminate or to refuse to provide or renew any authorisation or to impose onerous conditions on or on the grant or renewal of any authorisation; or
(c) with a view to regulate, administer, or limit, or assert any form of administrative control over the rates applied, prices charged or rates of return achievable, by an Obligor in connection with its business; which, in each case, in the opinion of the Majority Lenders, could have a Material Adverse Effect.
Expropriation Events. Any government (including any political or administrative sub-division thereof), Government Authority, agency, official or entity takes or threatens any action:
(a) for the dissolution of any of the Borrower, or any action which deprives or threatens to deprive any of the Borrower: (a) from conducting any of its businesses or carrying out its operations in the manner it is being conducted or carried out, or (b) of the use of all or a substantial part of its assets.
(b) to revoke or terminate or to refuse to provide or renew any authorisation or to impose onerous conditions on or on the grant or renewal of any authorisation; or
(c) with a view to regulate, administer, or limit, or assert any form of administrative control over the rates applied, prices charged or rates of return achievable, by any of the Borrower in connection with its business; which, in each case, in the opinion of Lender, could have a Material Adverse Effect.
Expropriation Events. An event of total loss or nationalisation or expropriation of all or substantially all of the RPS Assets and such default has continued for a period of thirty (30) days from the date of default
Expropriation Events. Any Government Agency (including any political or administrative sub-division thereof) takes or threatens any action:
(a) for the dissolution of the Borrower,
(b) to deprive the Borrower from conducting any of its businesses or carrying out its operations in the manner it is being conducted or carried out; or
(c) to deprive the Borrower of the use of any of its assets;
(d) to revoke or terminate or to refuse to provide or renew any authorisation or to impose onerous conditions on the grant or renewal of any authorisation; or
(e) with a view to regulate, administer, or limit, or assert any form of administrative control over the rates applied, prices charged or rates of return achievable, by the Borrower in connection with its business, which, in each case, in the opinion of any Finance Party, could have a Material Adverse Effect.
Expropriation Events. Any governmental authority, agency, official or entity takes or threatens any action:
(i) for the dissolution of the Borrower or any party to the transaction documents, or any action which deprives or threatens to deprive the Borrower or any party to the transaction documents (i) from conducting any of its businesses or carrying out its operations in the manner it is being conducted or carried out, or (ii) of the use of any of its assets;
(ii) to revoke or terminate or to refuse to provide authorization or to impose onerous conditions on the grant of authorization;
(iii) to take over the business/assets of the Borrower or any party to the transaction documents;
(iv) with a view to regulate, administer, or limit, or assert any form of administrative control over the Borrower and/or any Security Provider in connection with its business.
Expropriation Events.
(a) Notwithstanding any other provision of this Agreement, upon the occurrence and during the continuance of an Expropriation Event, Seller shall promptly notify Purchaser of such occurrence, and all obligations of the Parties set out in Article 2, including Seller’s obligation to deliver Refined Gold to Purchaser (but in the case of an Expropriation Event described in clause (i) of the definition of “Expropriation Event”, only to the extent that such obligations relate to the portion of the Project to which the Expropriation Event pertains (such portion being the “Affected Property”)), shall be suspended and not accrue while such Expropriation Event exists. In the event that such Expropriation Event subsequently ceases to exist, all obligations of the Parties under this Agreement which were suspended pursuant to this Section 6.12 shall automatically resume from and as of the date that such Expropriation Event ceases to exist.
(b) Without limiting the generality of this Section 6.12:
(i) any loss of ownership or control over the Project or any Affected Property as a result of an Expropriation Event shall not constitute a Transfer, or a Change of Control of any entity, for any purpose under this Agreement; and
(ii) any portion of the Project, the Mining Properties, the Project Assets or the Mineral Processing Facilities that becomes an Affected Property as a result of an Expropriation Event shall (for so long as the Expropriation Event is continuing) be deemed not to be part of the Project, the Mining Properties, the Project Assets or the Mineral Processing Facilities for any purpose under this Agreement.
(c) Subject to the terms and conditions of this Agreement, in the event that any Seller Group Entity receives any payment, benefit, consideration or other compensation (including payments by any Government Authority, any corporation or other entity controlled by a Governmental Authority or any insurance provider) as a consequence of, in connection with or in respect of any Expropriation Event (“Expropriation Compensation”), then without limiting any other provisions hereof, within ten (10) Business Days of receipt of such Expropriation Compensation by any Seller Group Entity, Seller shall use the proceeds therefrom to repay up to the uncredited balance of the Advance Payment in priority to the rights of any third party. To the extent that any proceeds from the Expropriation Compensation remain following Seller’s satisfaction of the foregoing payment, th...
