Governmental Authority Actions Sample Clauses

Governmental Authority Actions. The Issuer shall take all possible steps that it is obliged to under Law to ensure that no action of the Issuer results in any Governmental Authority to condemn, nationalise, seize, or otherwise expropriate all or any part of the property or other assets of the Issuer or take any action that would prevent the Issuer or its officers from carrying on any material part of its business or operations or 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 Issuer in connection with its business.
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Governmental Authority Actions. If a Governmental Authority does not grant an applicable permit, license, or authorization for Transmission Owner to construct, own, or operate the Transmission Owner’s Connection Facilities or any upgrades (individually or collectively) or unduly delays or conditions its grant of an applicable permit, license, or authorization in a manner that would (1) materially or adversely affect (i) the timing of completion of the MHVDC Connection Customer’s Connection Facilities and the Transmission Owner’s Connection Facilities at the Point of Connection, (ii) the MHVDC Connection Customer’s Connection Facilities, or (iii) the operation of the MHVDC Transmission Line, or
Governmental Authority Actions. No preliminary or permanent injunction or other order, decree or ruling issued by any Governmental Authority nor any statute, rule regulation or executive order promulgated or enacted by any Governmental Authority shall be in effect which would (i) make the consummation of the transactions contemplated hereby illegal, or (ii) otherwise prevent the consummation of the transaction contemplated hereby. No Action which seeks to prevent or enjoin the consummation of the transaction contemplated hereby shall be pending or threatened at the Time of Closing. (e)

Related to Governmental Authority Actions

  • Governmental Authorization No approval, consent, exemption, authorization, or other action by, or notice to, or filing with, any Governmental Authority is necessary or required in connection with the execution, delivery or performance by, or enforcement against, any Loan Party of this Agreement or any other Loan Document.

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