Common use of Condemnation, etc Clause in Contracts

Condemnation, etc. Any Governmental Authority shall condemn, nationalize, seize or otherwise expropriate any substantial portion of the assets of, or the Capital Securities of, any Obligor by means of a final and non-appealable resolution; or take any action that would prevent any Obligor from carrying on, or would have a material adverse effect on, the rights conferred on the Borrower under, or the material terms of, the Concession Title, including any action that would result in the Concession Title ceasing to grant the Borrower the rights originally provided therein or the Concession Title being terminated or the rights originally provided therein as exclusive to the Borrower becoming non-exclusive.

Condemnation, etc. Any Governmental Authority shall (a) condemn, nationalize, seize or otherwise expropriate any substantial portion of the assets of, or the Capital Securities of, any Obligor by means of a final and non-appealable resolution; or (b) take any action that would prevent any Obligor from carrying on, or would have a material adverse effect on, the rights conferred on the Borrower under, or the material terms of, the Concession Title, including any action that would result in the Concession Title ceasing to grant the Borrower the rights originally provided therein or the Concession Title being terminated or the rights originally provided therein as exclusive to the Borrower becoming non-exclusive.