Common use of Government Intervention Clause in Contracts

Government Intervention. By or under the authority/order of any government/court or otherwise: (i) the management of the Borrower is wholly or partially displaced or the authority of the Borrower in the conduct of its business is wholly or partially curtailed; or (ii) all or a majority of the issued shares of the Borrower or the whole or any part of its/their revenues or assets is seized, nationalized, expropriated or compulsorily acquired; or (iii) If any attachment, distress, execution or other process against the Borrower, or any of its properties is enforced or levied upon

Government Intervention. By or under the authority/order of any government/court or otherwise: (i) the management of the Borrower Borrower(s) is wholly or partially displaced or the authority of the Borrower Borrower(s) in the conduct of its business is wholly or partially curtailed; or (ii) all or a majority of the issued shares of the Borrower Borrower(s) or the whole or any part of its/their revenues or assets is seized, nationalized, expropriated or compulsorily acquired; or (iii) If any attachment, distress, execution or other process against the BorrowerBorrower(s), or any of its properties is enforced or levied upon

Government Intervention. By or under the authority/order of any government/court or otherwise: (i) the management of the Borrower Borrower(s) is wholly or partially displaced or the authority of the Borrower Borrower(s) in the conduct of its business is wholly or partially curtailed; or (ii) all or a majority of the issued shares of the Borrower Borrower(s) or the whole or any part of its/their revenues or assets is seized, nationalized, expropriated or compulsorily acquired; or (iii) If any attachment, distress, execution or other process against the BorrowerBorrower(s), or any of its properties is enforced or levied upon.

Government Intervention. By or under the authority/order of any government/court or otherwise: (i) the management of the Borrower is wholly or partially displaced or the authority of the Borrower in the conduct of its business is wholly or partially curtailed; or (ii) all or a majority of the issued shares of the Borrower or the whole or any part of its/their revenues or assets is seized, nationalized, expropriated or compulsorily acquired; or (iii) If any attachment, distress, execution or other process against the Borrower, or any of its properties is enforced or levied upon.