Common use of Seizure Clause in Contracts

Seizure. all or a material part of the undertakings, assets, rights or revenues of, or shares or other ownership interests in, any member of the Group are seized, nationalised, expropriated or compulsorily acquired by or under the authority of any government; or

Appears in 3 contracts

Samples: Supplemental Agreement (Global Telesystems Inc), Loan Agreement (Global Telesystems Europe B V), Loan Agreement (Global Telesystems Inc)

AutoNDA by SimpleDocs

Seizure. all or a material part of the undertakings, assets, rights or revenues of, or shares or other ownership interests in, the Borrower or any member of the Group other Security Party or any other Restricted Company are seized, nationalised, expropriated or compulsorily acquired by or under the authority of any governmentGovernment Entity; or

Appears in 2 contracts

Samples: Loan Agreement (Capital Maritime & Trading Corp.), Loan Agreement (Capital Maritime & Trading Corp.)

Seizure. all or a material part of the undertakings, assets, rights or revenues of, ; or shares or other ownership interests in, any member of in the Group (taken as a whole) are seized, nationalised, expropriated or compulsorily acquired by or under the authority of any government; or

Appears in 1 contract

Samples: Loan Agreement (United International Holdings Inc)

AutoNDA by SimpleDocs

Seizure. all all, or a material part part, of the undertakingsundertaking, assets, rights or revenues of, or shares or other ownership interests in, any member of the Group Material Entity are seized, nationalised, expropriated or compulsorily acquired by or under the authority of any governmentGovernment Entity and such Material Entity has not been adequately and promptly compensated and recompensed in respect of such action; or

Appears in 1 contract

Samples: Facility Agreement (Premier Foods PLC)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!