Political Events. Any of the following events shall constitute Political Event: (a) Change in Law for which no relief is provided under the provisions of Article 13, resulting in Material Adverse Effect; (b) action of a Government Authority having Material Adverse Effect including but not limited to (i) acts of expropriation, compulsory acquisition or takeover by any Government Authority of the Project/Project Facilities and Services or any part thereof or of the Concessionaire’s or the Contractor’s rights under any of the Project Contracts, and (ii) any unlawful, unauthorized or without jurisdiction refusal to issue or to renew or the revocation of any Applicable Permits, in each case, for reasons other than the Concessionaire’s or the Contractor’s breach or failure in complying with the Project Requirements, Applicable Laws, Applicable Permits, any judgment or order of a Governmental Agency or of any contract by which the Concessionaire or the Contractor as the case may be is bound; (c) early determination of this Agreement by the Concessioning Authority for reasons of national emergency, national security or the public interest; (d) any failure or delay of a Contractor caused by any of the aforementioned Political Events, for which no offsetting compensation is payable to the Concessionaire by or on behalf of the Contractor; or (e) any event or circumstance of a nature analogous to any of the foregoing.
Appears in 4 contracts
Samples: Concession Agreement, Concession Agreement, Concession Agreement
Political Events. Any of the following events shall constitute Political Event:
(a) Change in Law for which no relief is provided under the provisions of Article 13, resulting in Material Adverse Effect;
(b) action of a Government Authority having Material Adverse Effect including but not limited to (i) acts of expropriation, compulsory acquisition or takeover by any Government Authority of the Project/Project Facilities and Services or any part thereof or of the Concessionaire’s or the Contractor’s rights under any of the Project Contracts, and (ii) any unlawful, unauthorized or without jurisdiction refusal to issue or to renew or the revocation of any Applicable Permits, in each case, for reasons other than the Concessionaire’s or the Contractor’s breach or failure in complying with the Project RequirementsScope of Work , Applicable Laws, Applicable Permits, any judgment or order of a Governmental Agency or of any contract by which the Concessionaire or the Contractor as the case may be is bound;
(c) early determination of this Agreement by the Concessioning Authority for reasons of national emergency, national security or the public interest;
(d) any failure or delay of a Contractor caused by any of the aforementioned Political Events, for which no offsetting compensation is payable to the Concessionaire by or on behalf of the Contractor; or
(e) any event or circumstance of a nature analogous to any of the foregoing.
Appears in 4 contracts
Samples: Concession Agreement, Concession Agreement, Concession Agreement
Political Events. Any of the following events shall constitute Political Event:
(a) Change in Law for which no relief is provided under the provisions of Article 13, resulting in Material Adverse EffectImpact;
(b) action of a Government Authority having Material Adverse Effect including but not limited to (i) acts i)acts of expropriation, compulsory acquisition or takeover by any Government Authority of the ProjecttheProject/Project Facilities and Services or any part thereof or of the Concessionaire’s or the ContractortheContractor’s rights under any of the Project Contracts, and (ii) any unlawful, unauthorized or without jurisdiction refusal orwithoutjurisdictionrefusal to issue or to renew or the revocation of any Applicable Permits, in each caseeachcase, for reasons other than the Concessionaire’s or the Contractor’s breach or failure in complying with the Project RequirementsScope of Work , Applicable Laws, Applicable Permits, any judgment or order of orderof a Governmental Agency or of any contract by which the Concessionaire or the Contractor as the case thecase may be is bound;
(c) early determination of this Agreement by the Concessioning Authority for reasons of national emergency, national security or the public interest;
(d) any failure or delay of a Contractor caused by any of the aforementioned Political Events, for which forwhich no offsetting compensation is payable to the Concessionaire by or on behalf of the ContractortheContractor; or
(e) any event or circumstance of a nature analogous to any of the foregoing.
Appears in 2 contracts
Samples: Concession Agreement, Concession Agreement
Political Events. Any of the following events shall constitute Political Event:
(a) Change in Law for which no relief is provided under the provisions of Article 13, resulting in Material Adverse EffectImpact;
(b) action of a Government Authority having Material Adverse Effect including but not limited to (i) acts of expropriation, compulsory acquisition or takeover by any Government Authority of the Project/Project Facilities and Services or any part thereof or of the Concessionaire’s or the Contractor’s rights under any of the Project Contracts, and (ii) any unlawful, unauthorized or without jurisdiction refusal to issue or to renew or the revocation of any Applicable Permits, in each case, for reasons other than the Concessionaire’s or the Contractor’s breach or failure in complying with the Project RequirementsScope of Work , Applicable Laws, Applicable Permits, any judgment or order of a Governmental Agency or of any contract by which the Concessionaire or the Contractor as the case may be is bound;
(c) early determination of this Agreement by the Concessioning Authority for reasons of national emergency, national security or the public interest;
(d) any failure or delay of a Contractor caused by any of the aforementioned Political Events, for which no offsetting compensation is payable to the Concessionaire by or on behalf of the Contractor; or
(e) any event or circumstance of a nature analogous to any of the foregoing.
Appears in 1 contract
Samples: Concession Agreement
Political Events. Any of the following events shall constitute Political Event:
(a) a. Change in Law for which no relief is provided under the provisions of Article 1314, resulting in Material Adverse Effect;
(b) b. action of a Government Authority having Material Adverse Effect including but not limited to (i) acts of expropriation, compulsory acquisition or takeover by any Government Authority of the Project/Project Facilities and Services or any part thereof or of the Concessionaire’s or the Contractor’s rights under any of the Project Contracts, and (ii) any unlawful, unauthorized or without jurisdiction refusal to issue or to renew or the revocation of any Applicable Permits, in each case, for reasons other than the Concessionaire’s or the Contractor’s breach or failure in complying with the Project Requirements, Applicable Laws, Applicable Permits, any judgment or order of a Governmental Agency or of any contract by which the Concessionaire or the Contractor as the case may be is bound;
(c) c. early determination of this Agreement by the Concessioning Authority for reasons of national emergency, national security or the public interest;
(d) d. any failure or delay of a Contractor caused by any of the aforementioned Political Events, for which no offsetting compensation is payable to the Concessionaire by or on behalf of the Contractor; or
(e) e. any event or circumstance of a nature analogous to any of the foregoing.
Appears in 1 contract
Samples: Concession Agreement
Political Events. Any of the following events shall constitute Political Event:
(a) Change in Law for which no relief is provided under the provisions of Article 13this Agreement, resulting in Material Adverse Effect;
(b) action of a Government Authority having Material Adverse Effect including but not limited to (i) acts of expropriation, compulsory acquisition or takeover by any Government Authority of the Project/Project Facilities and Services or any part thereof or of the ConcessionaireDeveloper’s or the Contractor’s rights under any of the Project Contracts, and (ii) any unlawful, unauthorized or without jurisdiction refusal to issue or to renew or the revocation of any Applicable Permits, in each case, for reasons other than the ConcessionaireDeveloper’s or the Contractor’s breach or failure in complying with the Project Requirements, Applicable Laws, Applicable Permits, any judgment or order of a Governmental Agency or of any contract by which the Concessionaire Developer or the Contractor as the case may be is bound;
(c) early determination of this Agreement by the Concessioning Authority for reasons of national emergency, national security or the public interest;
(d) any failure or delay of a Contractor caused by any of the aforementioned Political Events, for which no offsetting compensation is payable to the Concessionaire Developer by or on behalf of the Contractor; or
(e) any event or circumstance of a nature analogous to any of the foregoing.
Appears in 1 contract
Samples: Lease Cum Development Agreement