Common use of Seizure Clause in Contracts

Seizure. all or a material part of the undertaking, assets, rights or revenues of, or shares or other ownership interest in, any Relevant Party are seized, nationalised, expropriated or compulsorily acquired by or under the authority of any government in any manner which would, in the reasonable opinion of the Lessor, affect the ability of the Relevant Party to perform its obligations under the Relevant Documents to which it is a party; or