Loss of. property all or a substantial part of the business or assets of any Obligor is destroyed, abandoned, seized, appropriated or forfeited for any reason, and such occurrence in the reasonable opinion of the Owners has or could reasonably be expected to have a Material Adverse Effect; or
Appears in 3 contracts
Samples: Dsme Option (Teekay LNG Partners L.P.), Dsme Option (Teekay LNG Partners L.P.), Teekay LNG Partners L.P.
Loss of. property all or a substantial part of the business or assets of any Obligor is destroyed, abandoned, seized, appropriated or forfeited for any reason, and such occurrence in the reasonable opinion of the Owners Buyers has or could reasonably be expected to have a Material Adverse Effect; or
Appears in 3 contracts
Samples: Dsme Option (Teekay LNG Partners L.P.), Dsme Option (Teekay LNG Partners L.P.), Teekay LNG Partners L.P.
