Common use of Nationalisation Clause in Contracts

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 government or governmental authority 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 its business or operations or a substantial part thereof.

Nationalisation. Any government or governmental authority 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 charter 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 charter 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 its business or operations or a substantial part thereof.