Governmental Event definition

Governmental Event means any expropriation, confiscation, freezing, requisition, nationalisation or other action by any Governmental Authority, which directly or indirectly deprives any person or entity of any of its assets (including rights to receive payments) in the Relevant Jurisdiction.
Governmental Event means (i) Seller’s failure to obtain licensing from any Governmental Authority where it is required to be licensed and such failure to be licensed and requirement to be licensed continue for 30 days following notice to or knowledge thereof by Seller, (ii) the imposition of material sanctions on Seller from any Governmental Authority, or (iii) any material dispute, litigation, investigation, proceeding or suspension between Seller and any Governmental Authority or any Person.
Governmental Event means (i) a Seller Party’s or Underlying Repurchase Counterparty’s failure to obtain licensing from any Governmental Authority where it is required to be licensed and such failure to be licensed and requirement to be licensed continue for 30 days following notice to or knowledge thereof by a Seller Party or Underlying Repurchase Counterparty, (ii) the imposition of material sanctions on a Seller Party or Underlying Repurchase Counterparty from any Governmental Authority, or (iii) any material dispute, litigation, investigation, proceeding or suspension between a Seller Party or Underlying Repurchase Counterparty and any Governmental Authority or any Person.

More Definitions of Governmental Event

Governmental Event means (i) Seller’s or Underlying Repurchase Counterparty’s (as applicable) failure to obtain licensing from any Governmental Authority where it is required to be licensed and such failure to be licensed and requirement to be licensed continue for 30 days following notice to or knowledge thereof by Seller or Underlying Repurchase Counterparty, (ii) the imposition of material sanctions on Seller or Underlying Repurchase Counterparty from any Governmental Authority, or (iii) any material dispute, litigation, investigation, proceeding or suspension between Seller or Underlying Repurchase Counterparty (as applicable) and any Governmental Authority or any Person.
Governmental Event means Seller’s failure to obtain licensing from any Governmental Authority, the imposition of sanctions on Seller from any Governmental Authority, or any dispute, litigation, investigation, proceeding or suspension between Seller and any Governmental Authority or any Person.
Governmental Event means (i) Seller’s or Underlying Repurchase Counterparty’s failure to obtain licensing from any Governmental Authority where it is required to be licensed and such failure to be licensed and requirement to be licensed continue for 30 days following notice to or knowledge thereof by Seller or Underlying Repurchase Counterparty, (ii) the imposition of material sanctions on Seller or Underlying Repurchase Counterparty from any Governmental Authority, or (iii) any material dispute, litigation, investigation, proceeding or suspension between Seller or Underlying Repurchase Counterparty and any Governmental Authority or any Person.
Governmental Event shall have the meaning set forth in Section 8.1(a) of this Agreement.

Related to Governmental Event

  • Governmental Action means all authorizations, consents, approvals, waivers, exceptions, variances, orders, licenses, exemptions, publications, filings, notices to and declarations of or with any Governmental Authority (other than requirements the failure to comply with which will not affect the validity or enforceability of any Loan Document or have a material adverse effect on the transactions contemplated by any Loan Document or any material rights, power or remedy of any Person thereunder or any other action in respect of any Governmental Authority).

  • Governmental Antitrust Authority has the meaning set forth in Section 5.11(b).

  • Governmental Actions means any and all consents, approvals, permits, orders, authorizations, waivers, exceptions, variances, exemptions or licenses of, or registrations, declarations or filings with, any Governmental Authority required under any Governmental Rules.

  • Governmental Body means any government or governmental or regulatory body thereof, or political subdivision thereof, whether federal, state, local or foreign, or any agency, instrumentality or authority thereof, or any court or arbitrator (public or private).

  • Governmental Bar Date means the date established pursuant to the Bar Date Order by which Proofs of Claim of Governmental Units must be Filed.