Common use of Governmental Intervention Clause in Contracts

Governmental Intervention. By or under the authority of any government, (a) 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 (b) all or a majority of the issued shares of the Borrower or YLHL or the whole or any part of the Borrower's revenues or assets is seized, nationalised, expropriated or compulsorily acquired (other than a non-material part thereof not required for the Project).

Appears in 2 contracts

Samples: Agreement (Macquarie Infrastructure CO Trust), Agreement (Macquarie Infrastructure Assets Trust)

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Governmental Intervention. By or under the authority of any government, (a) 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 in any material respect or (b) all or a majority of the issued shares of the Borrower or YLHL Shares or the whole or any part (the book value of which is five per cent. or more of the Borrower's book value of the whole) of revenues or assets of the Borrower is seized, nationalised, expropriated or compulsorily acquired (other than a non-material part thereof not required for the Project)acquired.

Appears in 2 contracts

Samples: Facility Agreement (Western Wireless Corp), Facility Agreement (Western Wireless Corp)

Governmental Intervention. By or under the authority of any government, (a) 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 (b) all or a majority of the issued shares of the Borrower or YLHL YLHL, or the whole or any part of the Borrower's revenues or assets is seized, nationalised, expropriated or compulsorily acquired (other than a non-material nonmaterial part thereof not required for the Project).

Appears in 2 contracts

Samples: Agreement (Macquarie Infrastructure Assets Trust), Agreement (Macquarie Infrastructure CO Trust)

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Governmental Intervention. By or under the authority of any government, (a) 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 (b) all or a majority of the issued shares of the Borrower or YLHL 5% of its consolidated assets or the whole or any part 20% of the Borrower's its consolidated revenues or assets is seized, nationalised, expropriated or compulsorily acquired (other than a non-material part thereof not required for the Project)acquired.

Appears in 1 contract

Samples: Agreement (Maxtor Corp)

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