Common use of Governmental Authority Actions Clause in Contracts

Governmental Authority Actions. The Issuer shall take all possible steps that it is obliged to under Law to ensure that no action of the Issuer results in any Governmental Authority to condemn, nationalise, seize, or otherwise expropriate all or any part of the property or other assets of the Issuer or take any action that would prevent the Issuer or its officers from carrying on any material part of its business or operations or with a view to regulate, administer, or limit, or assert any form of administrative control over the rates applied, prices charged or rates of return achievable, by the Issuer in connection with its business.