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 interests in, the Borrower are seized, nationalised, expropriated or compulsorily acquired by or under the authority of any government entity; or

Appears in 8 contracts

Samples: Loan Agreement (Navios Maritime Partners L.P.), Loan Agreement (Navios Maritime Acquisition Corp), Secured Loan Agreement (Navios Maritime Holdings Inc.)

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

Appears in 4 contracts

Samples: Loan Agreement (Safe Bulkers, Inc.), Loan Agreement (Safe Bulkers, Inc.), Loan Agreement (Safe Bulkers, Inc.)

Seizure. all All or a material part of the undertaking, assets, rights or revenues of, of either Borrower or shares or other ownership interests in, the Borrower any of its Significant Subsidiaries are seized, nationalisednationalized, expropriated or compulsorily acquired by or under the authority of any government entityGovernmental Authority; or

Appears in 3 contracts

Samples: Assignment Agreement (Lsi Logic Corp), Credit Agreement (Lsi Logic Corp), Assignment Agreement (Lsi Logic Corp)

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

Appears in 3 contracts

Samples: Loan Agreement (Safe Bulkers, Inc.), Loan Agreement (Safe Bulkers, Inc.), Omega Navigation Enterprises, Inc.

Seizure. all or a material part of the undertaking, assets, rights or revenues of, or shares or other ownership interests in, the Borrower are seized, nationalised, expropriated or compulsorily acquired by or under the authority of any government entityother than where such seizure results in a Total Loss; or

Appears in 2 contracts

Samples: Confidential (Golar LNG Partners LP), Management Agreement (Golar LNG LTD)

Seizure. all All or a material part of the undertakingundertakings, assets, rights or revenues of, or shares or other ownership interests in, the Borrower or any Material Subsidiary are seized, nationalised, expropriated or compulsorily acquired by or under the authority of any government entitygovernment; or

Appears in 2 contracts

Samples: Loan Agreement (Synutra International, Inc.), Assignment and Assumption (Synutra International, Inc.)

Seizure. all All or a material part of the undertaking, assets, rights or revenues of, of the Guarantor or shares or other ownership interests in, the Borrower are seized, nationalisednationalized, expropriated or compulsorily acquired by or under the authority of any government entityGovernmental Authority; or

Appears in 2 contracts

Samples: To Agreement (Lsi Logic Corp), Agreement (Lsi Logic Corp)

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

Appears in 2 contracts

Samples: Loan Facility Agreement (Bookham, Inc.), Agreement (Bookham, Inc.)

Seizure. all or a material part of the undertakingundertakings, assets, rights or revenues of, or shares or other ownership interests in, the Borrower are seized, nationalisednationalized, expropriated or compulsorily acquired by or under the authority of any government entity; orgovernment;

Appears in 2 contracts

Samples: Tva Sul Foz Do Iguacu LTD, Tva Sul Foz Do Iguacu LTD

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

Appears in 2 contracts

Samples: Agreement (NewLead Holdings Ltd.), Loan Agreement (DryShips Inc.)

Seizure. all All or a material part of the undertaking, assets, rights or revenues of, or shares or other ownership interests in, of the Borrower or any of its Subsidiaries are seized, nationalisednationalized, expropriated or compulsorily acquired by or under the authority of any government entity; orGovernmental Authority.

Appears in 1 contract

Samples: Credit Agreement (Lsi Logic Corp)

Seizure. all All or a material part of the undertaking, assets, rights or revenues of, or shares or other ownership interests in, the Borrower Obligors are seized, nationalised, expropriated or compulsorily acquired by or under the authority of any government entity; oragency or governmental authority.

Appears in 1 contract

Samples: Facility Agreement (Danaos Corp)

Seizure. all All or a material part of the undertaking, assetsAssets, rights or revenues of, or shares or other ownership interests in, of the Borrower are seized, nationalised, expropriated or compulsorily acquired by or under the authority of any government entity; oror governmental authority without the payment of compensation equivalent to their full value.

Appears in 1 contract

Samples: Loan Agreement

Seizure. all or a material part of the undertakingundertakings, assets, rights or revenues of, or shares or other ownership interests in, the Borrower or the Sponsor are seized, nationalised, expropriated or compulsorily acquired by or under the authority of any government entity; orgovernment;

Appears in 1 contract

Samples: Secured Term Loan Facility Agreement (Cascal B.V.)

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