Common use of Compulsory Acquisition Clause in Contracts

Compulsory Acquisition. All or substantially all of the undertaking, assets or properties of the Borrower(s) or its interests therein are seized, nationalized, expropriated or compulsorily acquired by the authority of government or any other entity;

Appears in 5 contracts

Sources: Loan Cum Hypothecation Agreement, Loan Agreement, Loan Agreement

Compulsory Acquisition. All or substantially all of the undertaking, assets or properties of the Borrower(s) Borrower or its interests therein are seized, nationalized, expropriated or compulsorily acquired by the authority of government or any other entitygovernment;

Appears in 1 contract

Sources: Credit Agreement