Common use of Expropriation Clause in Contracts

Expropriation. The authority or ability of any 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 any member of the Group or any of its assets.

Appears in 24 contracts

Samples: Term and Accordion Facilities Agreement (Ardmore Shipping Corp), Loan Agreement (Ardmore Shipping Corp), Term, Revolving and Accordion Facilities Agreement (Ardmore Shipping Corp)

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Expropriation. The authority or ability of any 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 any member of the Group or any of its assetsassets which limitation or curtailment (taking into consideration any compensation or payment received in respect thereof) has, or would reasonably be expected to have, a Material Adverse Effect.

Appears in 6 contracts

Samples: Pik Facility Agreement (Nordic Telephone CO ApS), Bridge Facility Agreement (Nordic Telephone CO ApS), Senior Facilities Agreement (Nordic Telephone CO ApS)

Expropriation. The authority or ability of any member of the Group to conduct its business is limited or wholly or substantially curtailed by any seizure, expropriation, nationalisation, compulsory acquisition, intervention, restriction or other action by or on behalf of any governmental, regulatory or other authority or other person in relation to any member of the Group or any of its assetsassets or the shares in that member of the Group (including without limitation the displacement of all or part of the management of any member of the Group).

Appears in 5 contracts

Samples: Amendment and Restatement Agreement (Aegean Marine Petroleum Network Inc.), Loan Agreement (Aegean Marine Petroleum Network Inc.), Secured Revolving Facility Agreement (Klondex Mines LTD)

Expropriation. The authority or ability of any 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 any member of the Group or any of its assetsassets other than: (a) an arrest or detention of a Ship referred to in Clause 26.14 (Arrest); or (b) any Requisition.

Appears in 4 contracts

Samples: Term Loan Facility (Navios Maritime Partners L.P.), Facility Agreement (Navios Maritime Partners L.P.), Term Loan Facility (Navios Maritime Partners L.P.)

Expropriation. The authority or ability of any member of the Group which is a Material Company 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 any member of the Group which is a Material Company or any of its assets.

Appears in 4 contracts

Samples: Facilities Agreement (StarTek, Inc.), Facilities Agreement (StarTek, Inc.), Facilities Agreement (StarTek, Inc.)

Expropriation. The authority or ability of any 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 any member of the Group or any of its assetsassets other than: (a) an arrest or detention of a Ship referred to in Clause 25.14 (Arrest); or (b) any Requisition.

Appears in 4 contracts

Samples: Facility Agreement (Navios Maritime Partners L.P.), Term Loan Facility (Navios Maritime Partners L.P.), Facility Agreement (Navios Maritime Partners L.P.)

Expropriation. The authority or ability of any Obligor or any member of the Borrower 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 any Obligor or any member of the Borrower Group or any of its assets.

Appears in 3 contracts

Samples: Senior Facilities Agreement (Atlatsa Resources Corp), Senior Term Loan and Revolving Facilities Agreement (Atlatsa Resources Corp), Senior Term Loan Facilities Agreement (Anooraq Resources Corp)

Expropriation. The authority or ability of any member of the Group Member to conduct its business is limited or wholly or substantially limited or 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 any member of the Group Member or any Target Group Member or any of its assets.

Appears in 3 contracts

Samples: Facilities Agreement (3SBio Inc.), Facility Agreement (China Security & Surveillance Technology, Inc.), Facility Agreement (China Security & Surveillance Technology, Inc.)

Expropriation. The authority or ability of any 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 any member of the Group or any of its or their material assets.

Appears in 2 contracts

Samples: Facility Agreement (Ener1 Inc), Facility Agreement (Ener1 Inc)

Expropriation. The authority or ability of any member of the Group Member 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 any member of the Group Member or any of its assetsassets which (in each case) has or is reasonably likely to have a Material Adverse Effect.

Appears in 2 contracts

Samples: Facility Agreement (Alibaba Group Holding LTD), Facilities Agreement (Alibaba Group Holding LTD)

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Expropriation. The authority or ability of any member of the Group Member 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 any member of the Group Member or any of its assets.

Appears in 2 contracts

Samples: Facility Agreement (Globus Maritime LTD), Facility Agreement (Quintana Shipping Ltd.)

Expropriation. The authority or ability of any 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 any member of the Group or any of its assets.assets other than:

Appears in 1 contract

Samples: Facility Agreement (Globus Maritime LTD)

Expropriation. The authority or ability of any member of the a Group Member 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 governmentalgovernment, regulatory or other authority or other person in relation to any member of the Group Borrower or any of its assets.

Appears in 1 contract

Samples: Pre Delivery Financing Agreement (Golar LNG LTD)

Expropriation. The authority or ability of any member of the Group Member 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 any member of the Group Member or any of its assetsassets and, in the case of a Group Member which is not an Obligor, such event might have a Material Adverse Effect.

Appears in 1 contract

Samples: Facility Agreement (Navigator Holdings Ltd.)

Expropriation. The authority or ability of any 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 105 (GOVERNMENTAL ACTION) if that Governmental Action has or is reasonably likely to any member of the Group or any of its assetshave a Material Adverse Effect.

Appears in 1 contract

Samples: Credit Facility Agreement (UTi WORLDWIDE INC)

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