Common use of Seizure Clause in Contracts

Seizure. all or a material part of the undertakings, assets, rights or revenues of, or shares or other ownership interests in, any member of the Group are seized, nationalised, expropriated or compulsorily acquired by or under the authority of any government; or

Appears in 3 contracts

Samples: Agreement (Global Telesystems Inc), Agreement (Global Telesystems Europe B V), Supplemental Agreement (Global Telesystems Inc)

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Seizure. all or a material part of the undertakingsundertaking, assets, rights or revenues of, or shares or other ownership interests in, any member of the Group Security Party or any other Restricted Company are seized, nationalised, expropriated or compulsorily acquired by or under the authority of any government; or

Appears in 2 contracts

Samples: Loan Agreement (Mc Shipping Inc), Loan Agreement (Capital Maritime & Trading Corp.)

Seizure. all or a material part of the undertakings, assets, rights or revenues of, or shares or other ownership interests in, the Borrower or any member of the Group other Security Party or any other Restricted Company are seized, nationalised, expropriated or compulsorily acquired by or under the authority of any governmentGovernment Entity; or

Appears in 2 contracts

Samples: Master Agreement (Capital Maritime & Trading Corp.), Master Agreement (Capital Maritime & Trading Corp.)

Seizure. all or a material part of the undertakings, assets, rights or revenues of, or shares or other ownership interests in, any Security Party or any other member of the Group are seized, nationalised, expropriated or compulsorily acquired by or under the authority of any governmentGovernment Entity; or

Appears in 1 contract

Samples: Agreement (Navios Maritime Holdings Inc.)

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Seizure. all or a material part of the undertakings, assets, rights or revenues of, ; or shares or other ownership interests in, any member of in the Group (taken as a whole) are seized, nationalised, expropriated or compulsorily acquired by or under the authority of any government; or

Appears in 1 contract

Samples: Agreement (United International Holdings Inc)

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