Act of State definition

Act of State means any of the following affecting any party to the Omolon Facility in relation to the AA Facility or the AA Facility: Any law, rule or regulation of the Russian Federation, or any political subdivision thereof, or any order, decree, decision, award, directive, instruction, or other measure, or action of the Russian Federation or any political subdivision thereof, or of any Governmental Authority, or the interpretation of any of the foregoing, and any demand, request, application or other action filed with any Governmental Authority, or any other court or authority of competent jurisdiction, which purports or seeks to, or has the effect of: - terminating, extending, increasing or otherwise modifying the Omolon Facility or the AA Facility or any provision thereof; - prohibiting, reducing, delaying, or suspending, or modifying the agreed manner or currency of, any payment to be made under or pursuant to the Omolon Facility or the AA Facility, or otherwise affecting the performance or enforceability of the Omolon Facility or the AA Facility by or against any party thereto; - expropriating, confiscating or seizing (control over), or changing or adversely affecting the ownership, control, operation or management of the Borrower or ABN AMRO Moscow, of all or a substantial part of its business or assets, with or without compensation. The foregoing notwithstanding, no Act of State shall be deemed to have occurred if the performance or enforceability of the Omolon Facility or the AA Facility is affected as a result of the Bank's or ABN AMRO Moscow's knowing and material violation of any law or regulation generally applicable to banking institutions in the Russian Federation.
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Act of State means any law, rule or regulation of the Russian Federation or any political subdivision thereof, or any order, decree, decision, award, directive, instruction or other measure or action of the Russian Federation or any political subdivision thereof, or of any Governmental Authority or, the interpretation of any of the foregoing, and any demand, request, application or other action filed with any Governmental Authority, or any other court or authority of competent jurisdiction, which purports to seek to, or has the effect of:
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Act of State. Means any action of, or failure to perform an obligation by, the Government which has a material adverse effect on the Company’s ability to perform its obligations or receive the benefit of its rights under this Agreement (including the right to receive payments as described herein) or increases its costs of performing the Work.
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Examples of Act of State in a sentence

  • Enforcement of arbitral agreements, confirma- tion of arbitral awards, and execution upon judgments based on orders confirming such awards shall not be refused on the basis of the Act of State doctrine.(Added Pub.

  • Neither party shall be held responsible by the other for breach of any condition of this Agreement, attributable to any “Act of God”, Act of State, Strike, lock-out or control or any other reason, beyond the control of the parties and any breach of clauses arising from such Force Majeure conditions as aforesaid shall not be regarded as breach of the provisions of this Agreement.

  • The Contractor shall further indemnify and hold harmless the City on account of any contributions measured by the wages of employees of the Contractor or any sub-contractor which may be assessed against the City under authority of said Act of State Law of Michigan.

  • Neither party shall be held responsible by the other for breach of any condition of this Agreement, attributable to any “Act of God”, Act of State, Strike, lock-out or control or any other reason, beyond the control of the parties and any breach of clauses arising from such Force Majeure conditions as aforesaid shall not be regarded as breach of the provi- sions of this Agreement.

  • The Contractor shall further indemnify and hold harmless the City on account of any contributions measured by the wages of employees of the Contractor or any sub- contractor which may be assessed against the City under authority of said Act of State Law of Michigan.

  • The Non-Defaulting Party's rights under this Section 8.8 are subject to Section 8.7. FORCE MAJEURE, ACT OF STATE, ILLEGALITY AND IMPOSSIBILITY Force Majeure, Act of State, Illegality and Impossibility.

  • State Street shall have the right to delegate and sub-contract for the performance of any or all of its duties hereunder to a wholly-owned subsidiary or other affiliated person (as such term is defined in the 1940 Act) of State Street (each, a “State Street Affiliate”); provided, however, that no such delegation or sub-contracting to a State Street Affiliate shall be effective unless State Street shall remain ultimately responsible for the performance of such duties.

  • The University, established by the Act of State Legislature has created wonderful academic ambience.

  • Enforcement of arbitral agreements, confirmation of arbitral awards, and execution upon judgments based on orders confirming such awards shall not be refused on the basis of the Act of State doctrine.

  • The classic statement of the Act of State Doctrine was made more than one hundred years ago in Underhill v.

Related to Act of State

  • Out-of-state bank means a banking corporation or savings bank organized under the laws of another state, the District of Columbia, or a territory of the United States whose principal office is located in a state other than this state, the District of Columbia, a territory or a protectorate of the United States, and whose deposits are insured by the federal deposit insurance corporation.

  • organ of state means an organ of state as defined in section 239 of the Constitution;

  • Secretary of State means the Secretary of State of the State of Delaware.

  • Delaware Secretary of State means the Secretary of State of the State of Delaware.

  • Receipt of surrender of ownership documents means the receipt of surrender of

  • Certificate of organization means the certificate required by section 489.201. The term includes the certificate as amended or restated.

  • the Secretary of State means the Secretary of State for Education;

  • Articles of Organization means the original documents filed to organize a limited liability company, as amended or restated by certificates of correction, amendment, or merger, by restated articles, or by other instruments filed or issued under any statute.

  • Certificate of approval means a certificate of approval obtained from the

  • Certificate of Compliance means the certificate referred to in Section 3.03 of the Servicing Agreement and substantially in the form of Exhibit E to the Servicing Agreement.

  • Fire Department means an organized fire department as that term is defined in section 1 of the fire prevention code, 1941 PA 207, MCL 29.1.

  • Contract of Sale means a contract for the sale of an object by a seller to a buyer which is not an agreement as defined in (a) above;

  • Certificate of Substantial Completion means the certificate executed by the A/E, ODR and Contractor that documents to the best of A/E’s and ODR’s knowledge and understanding, Contractor’s sufficient completion of the work in accordance with the Contract, so as to be operational and fit for the use intended.

  • Certificate of Limited Partnership means the Certificate of Limited Partnership of the Partnership filed with the Secretary of State of the State of Delaware as referenced in Section 7.2, as such Certificate of Limited Partnership may be amended, supplemented or restated from time to time.

  • the Department means the Department of the Environment;

  • Certificate of Amendment means the Certificate of Amendment of the Company, the form of which is attached as Exhibit A.

  • Certificate of Merger has the meaning set forth in Section 2.2.

  • Filed with the secretary of state means, except as otherwise permitted by law or rule:

  • Certificate of Substantial Performance means a certificate issued by the NCC when the Work reaches Substantial Performance;

  • Compliance Department means the Chief Compliance Officer of Federated and those other individuals designated by him or her as responsible for implementing this Code and the Associated Procedures.

  • Certificate of Trust means the Certificate of Trust in the form of Exhibit B to be filed for the Trust pursuant to Section 3810(a) of the Statutory Trust Statute.

  • Articles of Incorporation means the Articles of Incorporation of the Company, as amended from time to time.

  • certificate of fitness means a certificate issued by the Department to a contract bus carrier.

  • Limited Liability Company Agreement means the Amended and Restated Limited Liability Company Agreement of the Depositor, dated as of March 1, 2001, executed by Ford Credit, as sole member; or the Limited Liability Company Agreement of Ford Credit, dated as of April 30, 2007 and effective on May 1, 2007, as the context requires.

  • Certificate of inspection means an unsworn statement,

  • Certificate of Completion means the certificate of completion given by the Engineer-in- charge pursuant to clause 40 of these conditions;