Common use of Concession Contracts Clause in Contracts

Concession Contracts. The expiration, termination or material breach of any of the Concession Agreements of the Corporation or the Subsidiaries which would have a Material Adverse Effect or the seizure, nationalization or forfeiture of any assets of the Corporation or the Subsidiaries; or

Appears in 2 contracts

Sources: Note Purchase and Loan Agreement (Seven Seas Petroleum Inc), Note Purchase and Loan Agreement (Seven Seas Petroleum Inc)