Following the Project Construction Completion Date Sample Clauses

Following the Project Construction Completion Date the Concessionaire may undertake or permit and the Sponsor may undertake or permit, in each case, any Change of Shareholding, without the consent of the GoS but with prior Notification to the GoS; provided, that the Person(s) acquiring and/or subscribing to the Class A Shares resulting in the Change of Shareholding is: (a) is not from a nationality proscribed by the Applicable Laws; (b) is not blacklisted by any Government Authority; and (c) is not a defaulter of any bank or financial institution.