Government Intervention definition

Government Intervention means (a) any decision, order, direction, instruction or requirement of a Government Authority for AST to take or omit to take any action including any suspension, termination or change relating to a Contract; (b) the removal or withdrawal or failure to obtain renewal of any authorisations or regulatory formalities required for a Contract for whatever reason; or (c) any other requirement or restriction imposed under applicable Law;
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Government Intervention has the meaning given in clause 8.8; "Halifax Abuse Principle" means the principle explained in the CJEU Case C-255/02 Halifax and others;
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Government Intervention means any administrative, executive or legislative act, whether of a commercial or political nature, of the Government of the Republic of South Africa or any administrative authority, department, political subdivision or taxing authority thereof or therein;
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Examples of Government Intervention in a sentence

  • In times of Natural Disaster, Government Intervention, or other events out of the control of both parties that create abnormal price conditions, may affect the performance reporting, these days will be excluded from any performance reporting.

  • These discussions will be easier now that NBC Planning Department is out of Government Intervention, due to its own improved performance.

  • These discussions will be easier now that NBC’s Planning Department is out of Government Intervention, due to its own improved performance.

  • Government Intervention in Financial Markets – Governmental and quasi-governmental authorities and regulators throughout the world have in the past responded to major economic disruptions with a variety of significant fiscal and monetary policy changes, including but not limited to, direct capital infusions into companies, new monetary programs and dramatically lower interest rates.