Nationalisation. Any step is taken by any person with a view to the seizure, compulsory acquisition, expropriation or nationalisation of all or a material part of the assets of a member of the Group.
Nationalisation. Any government or governmental authority condemns, nationalises, seizes or otherwise expropriates all or any substantial or significant part of the property or other assets of the Borrower or of its share capital, or assumes custody or control of such property or other assets or of the business or operations of the Borrower or of its share capital, or acquires majority ownership of the Borrower, or takes any action for the dissolution or disestablishment of the Borrower or any action that would prevent the Borrower or its officers from carrying on the Borrower’s business or operations or a substantial part thereof.
Nationalisation. Any step is taken by any person with a view to the seizure, compulsory acquisition, expropriation or nationalisation of all or a material part of the assets of the Borrower or any of its Material Subsidiaries.
Nationalisation. There shall have occurred:
(a) any imposition of expropriatory or confiscatory taxes, or any nationalization, re-entry, requisition, expropriation, seizure, compulsory acquisition, modification, suspension, or confiscation (except routine actions for rights-of-way and similar actions that do not and are not reasonably expected to materially interfere with the operation of the Integrated Resort) of the ownership or control of:
(i) all or any part (reasonably determined by the Majority Lenders to be material and notified to the Agent and the Borrower) of the Properties or the Integrated Resort; or
(ii) more than 49 per cent. of the equity interests in:
(A) the Borrower;
(B) any Obligor which holds the Casino Licence; or
(C) any of the Restricted Subsidiaries, the total assets or revenues of which (consolidated where that Restricted Subsidiary itself has Subsidiaries), as at the date as at which the latest semi-annual or annual consolidated financial statements of the Borrower Group were prepared or, as the case may be, for the financial period to which those financial statements relate, account for 10 per cent. or more of the consolidated total assets or (as the case may be) revenues of the Borrower Group (all as calculated by reference to the latest semi-annual or annual consolidated financial statements of the Group); or
(b) an extinguishment of any material rights benefiting, or imposition of any restrictions affecting or impacting, any governmental act or series of acts affecting or impacting, any delivery of any official governmental notice affecting or impacting or any change in any law of Singapore (other than the enactment of the Legislation (as defined in the Development Agreement)) governing, affecting or impacting, the Development Agreement or the Head Lease, that would, in each case, deprive the Lenders of any of their material rights or remedies in respect of this Agreement or the other Finance Documents (including rights under the Security Documents).
Nationalisation any step is taken by a competent governmental authority with a view to the seizure, compulsory acquisition, expropriation or nationalisation of all or a material part of the assets of the Issuer or any of its Principal Subsidiaries, except where any such events will not have a material adverse effect on the ability of the Issuer to fulfil its obligations under the Bond; or
Nationalisation. The authority or ability of any member of the Security Group to conduct its business is materially 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 Security Group or any of its material assets, in each case, in a manner or to an extent which has a Material Adverse Effect, provided that:
(a) any seizure, expropriation, nationalisation, intervention, restriction or other action by or on behalf of any governmental, regulatory or other authority or other person in circumstances where adequate compensation on termination to address any Material Adverse Effect is payable to the Security Group shall not (of itself) constitute an Event of Default if such compensation on termination is applied in prepayment of the Secured Debt;
(b) any seizure, expropriation, nationalisation, intervention, restriction or other action by or on behalf of any governmental, regulatory or other authority or other person will not be determined to have a Material Adverse Effect to the extent that the Rating Agencies have not downgraded the Bonds below Investment Grade; and
(c) the occurrence of any of the events described in this Paragraph 10 shall be without prejudice to any other Event of Default which may occur hereunder as a consequence of such events.
Nationalisation. Nationalisation of all or substantially all of the Shares or assets of the Issuer or all or substantially all of the SDRs or assets of the SDR Issuer.
Nationalisation. Any Governmental Authority condemns, nationalises, seizes or otherwise expropriates all or any substantial part of the property or other assets of the Borrower, any Subsidiary Guarantor or any Significant Subsidiary or of its share capital, or assumes custody or control of such property or other assets or of the business or operations of the Borrower, any Subsidiary Guarantor or any Significant Subsidiary or of its share capital, or acquires majority ownership of the Borrower, any Subsidiary Guarantor or any Significant Subsidiary or takes any action for the dissolution or disestablishment of the Borrower, any Subsidiary Guarantor or any Significant Subsidiary or any action that would prevent the Borrower, any Subsidiary Guarantor or any Significant Subsidiary or its officers from carrying on its business or operations or a substantial part thereof.
Nationalisation. The authority or ability of the Company or the Group to conduct its business is 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, including in respect of the land at the MGM Macau or the land at the MGM Cotai.
Nationalisation. By or under the authority of any relevant authority, whether by act or omission:
33.17.1 the Secured Assets or any material part thereof is expropriated or nationalised; or
33.17.2 the board of directors and/or management of the Borrower is wholly or partially removed or the authority of the Borrower in the conduct of its business is wholly or partially curtailed; or
33.17.3 any of the Shares or any part of the Borrower's undertaking, rights, revenues or assets are or is seized, nationalised, expropriated, requisitioned or acquired; or
