Common use of Compulsory purchase Clause in Contracts

Compulsory purchase. Any material part of the Property is compulsorily purchased or the applicable local authority makes an order for the compulsory purchase of all or any part of the Property and the Lender, taking into account the amount and timing of any compensation payable, the compulsory purchase has likely to have a Material Adverse Effect.

Compulsory purchase. Any material part of the a Property is compulsorily purchased or the applicable local authority makes an order for the compulsory purchase of all or any part of the a Property and the Lender, taking into account amount payable to the amount and timing of any compensation payable, the relevant Obligor in connection with such compulsory purchase has likely at the time it takes effect is les than the aggregate amount that the relevant Obligor would be required to have pay under this Agreement on a Material Adverse Effectvoluntary disposal of the relevant Property.

Compulsory purchase. Any material part of the Property is compulsorily purchased or the applicable local authority makes an order for the compulsory purchase of all or any part of the Property and the Lender, taking into account the amount and timing of any compensation payable, the compulsory purchase which has or is reasonably likely to have a Material Adverse Effect.