Force Majeure Circumstances definition

Force Majeure Circumstances means (i) any political and/or economic circumstances and/or actual or anticipated changes in fiscal or other legislation which, in the reasonable opinion of the Directors, renders Conversion necessary or desirable;(ii) the issue of any proceedings challenging, or seeking to challenge, the power of the Company and/or its Directors to issue the C Shares of the relevant class with the rights proposed to be attached to them and/or to the persons to whom they are, and/or the terms upon which they are proposed to be issued; or (iii) the giving of notice of any general meeting of the Company at which a resolution is to be proposed to wind up the Company, whichever shall happen earliest; and

Force Majeure Circumstances means, in relation to any tranche of C Shares, any political and/or economic circumstances and/or actual or anticipated changes in fiscal or other legislation and/or other circumstances which, in the reasonable opinion of the directors, renders Conversion necessary or desirable notwithstanding that less than 85 per cent. (or such other percentage as the directors may select as part of the terms of issue of such tranche) of the assets attributable to the holders of that tranche of C Shares are invested in accordance with the investment policy of the Company;

Force Majeure Circumstances means any political and/or economic and/or market circumstances and/or actual or anticipated changes in fiscal or other legislation which, in the reasonable opinion of the Directors, renders it necessary to bring the Conversion Date and/or the Calculation Date forward;

Examples of Force Majeure Circumstances in a sentence

• Event of Force Majeure Circumstances beyond the reasonable control of any Party, including labour disputes involving that Party, which may lead to a delay or failure of performance of obligations under this Agreement.

• The Parties agree that in the event of such changes to the measures, or more precisely upon adoption of measures, which were publicly declared not to be applied (i.e. in particular the so- called “quarantine” measures, or other restrictions on travel and free movement), these shall be deemed Force Majeure Circumstances as set out above.

• Force Majeure: Circumstances that the Carrier and/or its Subcontractor could not avoid and the consequences of which he could not prevent.

• Pursuant to the Articles and absent any Force Majeure Circumstances, the C Shares to be issued pursuant to the Placing will convert to New Ordinary Shares on the Conversion Date, being the earlier of: (i) the opening of business on the dealing day selected by the Directors falling after the Conversion Calculation Date; and (ii) the business day 36 months following the issue of the C Shares pursuant to the Placing.

• The party referring to the impact of Force Majeure Circumstances shall provide a document issued by a competent public authority or a relevant chamber of commerce and industry or its branch to confirm such impact.

More Definitions of Force Majeure Circumstances

Force Majeure Circumstances means any act of God, war, riot, terrorist act, civil commotion, strike, lock-out, trade dispute or labor disturbance, accident, breakdown of plant or machinery, explosion, fire, flood, difficulty in obtaining workmen, materials or transport, government action, epidemic, difficulty or impossibility in obtaining access to any of the Managed Containers, or other circumstances whatsoever outside the control of such party affecting the performance of such party’s duties hereunder.

Force Majeure Circumstances means in relation to any tranche of C Shares any political and/or economic circumstances and/or actual or anticipated changes in fiscal or other legislation which, in the reasonable opinion of the Directors, renders Conversion necessary or desirable, notwithstanding that conversion of the C Shares into Ordinary Shares would not otherwise occur at such time.

Force Majeure Circumstances means any war, riot, social disturbance, act of God, strike, lockout, trade dispute or labor disturbance, accident, breakdown of plant or machinery, fire, flood, difficulty in obtaining workmen or materials or transportation, or any other circumstances whatsoever outside the control of the party.

Force Majeure Circumstances means in relation to any tranche of C Shares any political and/or economic circumstances and/or actual or anticipated changes in fiscal or other legislation which, in the reasonable opinion of the Directors, renders Conversion necessary or desirable notwithstanding that less than 80 per cent. of the assets attributable to the relevant tranche of C Shares are invested (as defined below) in accordance with the Company’s investment policy;

Force Majeure Circumstances means (i) any political and/or economic circumstances and/or actual or anticipated changes in fiscal or other legislation which, in the reasonable opinion of the Directors, renders

Force Majeure Circumstances means in relation to any tranche of C Shares:

Force Majeure Circumstances means in relation to any class of C Shares: (i) any political and/or economic circumstances and/or actual or anticipated changes in fiscal or other legislation which, in the reasonable opinion of the Directors, renders Conversion necessary or desirable;