Common use of Compulsory purchase Clause in Contracts

Compulsory purchase. Any Property is compulsorily purchased or an interest in PropCo is otherwise nationalised or otherwise expropriated which, in the reasonable opinion of the Majority Lenders is likely to have a Material Adverse Effect.

Appears in 2 contracts

Sources: Credit Agreement (Corporate Property Associates 16 Global Inc), Credit Agreement (Corporate Property Associates 16 Global Inc)