Approved Agreements Clause Samples
The "Approved Agreements" clause defines which contracts or agreements are recognized as valid and acceptable under the terms of the main contract. Typically, this clause lists or references specific agreements, such as supplier contracts or licensing arrangements, that have been reviewed and authorized by the relevant parties. By clearly identifying which agreements are approved, this clause helps prevent disputes over unauthorized or unrecognized contracts, ensuring that only vetted and mutually accepted agreements are enforceable within the broader contractual relationship.
Approved Agreements. Notwithstanding any provision of this ------------------- Agreement to the contrary, no action by the Partners' Committee or any Partner shall be required in order to authorize the Partnership to enter into and perform any of the Approved Agreements or to renew any Approved Agreement pursuant to an automatic renewal provision of such Approved Agreement or on terms no less favorable to the Partnership than those prevailing prior to such renewal. Each Approved Agreement shall, for purposes of this Agreement, be deemed to be on an Arm's-length basis.
Approved Agreements. Pursuant to the Sublease, Developer shall take possession of the Site subject to the agreements, licenses, right of entry agreements, and other documents set forth in Exhibit S attached hereto and incorporated herein by reference (“Approved Agreements”).
Approved Agreements. RES shall oversee and manage the subcontracts listed in Part 1, 3 and 4 of Exhibit B, attached hereto, to the extent applicable to the Construction of the Phase 2 Development Improvements.
Approved Agreements. The Management Agreement, as in effect on the Effective Date, has been approved in all respects (including by all the Members pursuant to the execution of this Agreement), and, except as otherwise provided in such agreement, any management fees or other amounts payable to DMC or any of its Affiliates thereunder shall not be subject to any further approval hereunder or otherwise. The Senior Debt Facility, as in effect on the Effective Date, has been approved in all respects, and the Members hereby ratify the approval of the Senior Debt Facility by the members of the Company as set forth on Exhibit C hereto.
Approved Agreements. Borrower has entered into and shall ------------------- deposit with Lender the written Construction Contracts with Contractor. For purposes of this Agreement the term Approved Agreements is defined to be the executed Construction Contracts and all additional contracts to be executed in the future which shall be added to Exhibit "C" from time to time (see Exhibit "C"), all of which:
2.3.4.1. are in form and substance and containing terms and conditions (including payments) in all respects satisfactory to Lender, and are from Contractors and subcontractors acceptable to Lender. Borrower understands that Lender is concerned with the capacity and experience of all Contractors and may require that each contractor and subcontractor submit a payment and performance bond for the contract in form and substance acceptable to Lender, or in the alternative submit current financial statements in form and content acceptable to Lender in form and content acceptable to Lender in its sole discretion.
Approved Agreements. The Management Agreement, as in effect on the effective date of the First Amended and Restated Agreement, has been approved in all respects (including by all the Members pursuant to the execution of this Agreement), and, except as otherwise provided in such agreement, any management fees or other amounts payable to DMC or any of its Affiliates thereunder shall not be subject to any further approval hereunder or otherwise. The Senior Debt Facility, as in effect on the effective date of the First Amended and Restated Agreement, has been approved in all respects, and the Members have ratified the approval of the Senior Debt Facility by the members of the Company as set forth on Exhibit C hereto.