Expropriation The authority. or ability of a Security Party to conduct its business is limited or wholly or substantially curtailed by any seizure, expropriation, nationalisation, intervention, restriction or other action by or on behalf of any governmental, regulatory or other authority or other person in relation to a Security Party or any of its assets.
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Samples: Loan Agreement, Loan Agreement (DHT Holdings, Inc.), Secured Loan Agreement (Genco Shipping & Trading LTD)
Expropriation The authority. or ability of a Security Party or any other member of the Group to conduct its business is limited or wholly or substantially curtailed by any seizure, expropriation, nationalisation, intervention, restriction or other action by or on behalf of any governmental, regulatory or other authority or other person in relation to a Security Party or any other member of the Group or any of its assets.
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