Expropriatory Action definition
Expropriatory Action means any action or series of actions that is taken, authorized, ratified or condoned by the United States of America or any Governmental Authority or other Person in any country in which a Subsidiary operates, owns or maintains a place of business, or any agency or instrumentality thereof, for the appropriation, confiscation, expropriation or nationalization (by intervention, condemnation or other form of taking), whether with or without compensation and whether under color of law or otherwise, of any ownership interest in the stock of any Subsidiary or ownership interest of any Subsidiary in any asset or property or access thereto.
Expropriatory Action means any action or series of actions taken, authorized, ratified or acquiesced in by any Governmental Authority in Chile, or any Person purporting to act as a Governmental Authority in Chile or any governing authority which is in de facto control of part of Chile or arising under any Chilean Law, for the appropriation, confiscation, expropriation, seizure or nationalization (by intervention, condemnation or other form of taking), whether with or without compensation and whether under color of law or otherwise (including through confiscatory taxation or imposition of confiscatory charges), of ownership or control of the Concession rights, the Operating Agreements or the Bus Network, or any substantial portion thereof, held by Concessionaires or any substantial portion of the Concessionaires’ economic benefits therefrom.
Expropriatory Action any action or series of actions (individually or in the aggregate together with similar prior actions or series of actions) that is taken, authorized or ratified by Peru or any agency, instrumentality or political subdivision thereof, for the appropriation, requisition, confiscation, expropriation or nationalization (by intervention, condemnation or other form of taking), whether with or without compensation, of (i) equity interests constituting more than 20% of aggregate common equity interests in the Borrower, (ii) equity interests in the Borrower held by the Parent Companies or the Shareholders constituting more than 20% of the aggregate equity interests held by all Parent Companies and Shareholders collectively] or (iii) ownership or control of the Project Property or any substantial part thereof the loss of which would have a Material Adverse Effect.
More Definitions of Expropriatory Action
Expropriatory Action means any action, commencing during the policy period, of confiscation, expropriation forced abandonment, nationalization, deprivation or requisition which is directed, authorized or ratified by the government of the country and precluding you from exercising control over the use or disposition of a substantial portion of your “personal property”.
Expropriatory Action means any action or series of actions taken, authorized, ratified or acquiesced in by Colombia or a governing authority which is in de facto control of part of Colombia for the appropriation, confiscation, expropriation or nationalization (by intervention, condemnation or other form of taking), whether with or without compensation and whether under color of law or otherwise (including through confiscatory taxation or imposition of confiscatory charges) of ownership or control of the Oleoducto Central, or any substantial portion thereof, held by Carrier. “Fair Market Value” of any Shares or any other asset valued pursuant to any provision of this Agreement means the fair market value of such Shares or asset as agreed to by the Shareholders or, in the event that the Shareholders are unable to agree, as determined by a Valuation Expert.