Buyer Approval approved by a Buyer Entity in writing, such approval not to be unreasonably withheld or delayed.
Buyer Approval. Buyer (and its Affiliate, Red White and Bloom, Inc.) shall have received approval of the transactions contemplated by this Agreement, the Merger Agreement and all of the related transaction documents from the shareholders and applicable governing body of Buyer (and RWB, following consummation of the RTO), if applicable.
Buyer Approval. After the date which is three (3) business days prior to the expiration of the Inspection Period, Seller shall not, without the written consent of Buyer, which consent may not be unreasonably withheld, (i) execute any lease amendment to any Lease, unless required by the terms of the Lease, or (ii) enter into any new lease or cancel or terminate any Lease. If Seller amends any Lease or enters into any new lease or cancels or terminates any Lease during the Inspection Period, Seller will promptly (and in any event prior to the expiration of the Inspection Period) notify Buyer with a copy of the relevant document.
Buyer Approval. This Agreement and the Transactions to which it is a party shall have been approved by all requisite action of the Board of Directors of the Buyer.
Buyer Approval. Seller may submit its drawings to Buyer to confirm the scope of work and overall dimensions. In such circumstances, Xxxxx is required to provide all necessary information for Seller to complete its scope of work, including accurate measurements and interferences with other equipment, piping and wiring. Delivery dates are contingent upon prompt receipt of Buyer information and Buyer approval of drawings. Changes required after approval of drawings will be at Xxxxx’s expense, whether due to changes in the scope of work or due to inaccuracies in the information supplied by Buyer.
Buyer Approval. If requested by Seller, Buyer will give its written approval of the Equipment after installation or delivery, but in any event, the Equipment shall be deemed approved by Buyer unless Buyer notifies Seller in writing, by registered mail, at Seller’s office within ten days after delivery of the Equipment to Buyer, or if installation is specifically called for by this contract, then within ten (10) days after start-up, that the Equipment fails to meet the Requirements of this contract specifying the failings. If Buyer notifies Seller that it does not approve of the Equipment, Seller shall then have reasonable time to make necessary repairs and adjustments. If Equipment then fails to fulfill the Requirements herein specified, Seller may, at its sole option, remove the Equipment upon refunding all moneys paid therefore and thereafter no liability whatever shall exist in favor of either party as against the other and this Agreement shall thereupon be terminated.
Buyer Approval. Seller may change any Lease, renew or extend the -------------- term of any Lease and enter into any new Lease on commercially reasonable terms and conditions consistent with the existing Leases until ten (10) days prior to Closing. Seller shall keep Buyer informed as to any lease negotiations and shall immediately supply Buyer with a complete copy of the same upon execution. Within the ten (10) days prior to Closing, Seller shall not, without the written consent of Buyer, which consent shall not be unreasonably withheld, (i) effect any material change in any Lease; (ii) renew or extend the term of any Lease, unless the same is an extension or expansion permitted pursuant to the terms of an existing Lease; or (iii) enter into any new Lease or cancel or terminate any Lease. When seeking consent to a new or modified Lease, Seller shall provide notice of the identity of the tenant, a term sheet, letter of intent or copy of the proposed new lease or modification to Lease, containing material business terms and whatever financial credit and background information, if any, Seller then possesses with respect to such tenant. Buyer shall have deemed to have consented to any proposed Lease or Lease modification if it has not responded to Seller within five (5) days after receipt of such information. Upon Buyer's approval or deemed approval, Seller shall be entitled to enter into the Lease provided to Buyer, or if no lease was provided to Buyer, on the Property's standard lease form, without material change other than changes customarily made to leases to other comparable tenants of the Property.
Buyer Approval. Seller shall not, without the written consent of Buyer, which consent shall not be unreasonably withheld prior to the expiration of the Inspection Period, but which consent may be withheld in Buyer’s sole discretion thereafter, (i) effect any material modification to any Lease, (ii) renew or extend the term of any Lease except pursuant to the terms of an existing Lease, or (iii) enter into any new Lease or cancel or terminate any Lease.
Buyer Approval. After the execution of this Agreement, if this Agreement shall not have been terminated by Buyer, Seller shall not, without the written consent of Buyer, which consent may not be unreasonably withheld: (i) modify or renew any lease term for any apartment unit at the Property for a term in excess of twelve (12) months; (ii) enter into any new lease at rental rates lower than those rents currently in effect for comparable apartments in the rent roll delivered to Buyer by Seller. Buyer shall be deemed to have consented to any proposed lease or lease modification if it has not responded to Seller within five (5) business days after receipt of a request for approval of such lease or lease modification, or (iii) allow the occupancy rate for the Property's apartments to fall below 95%. In all other respects Seller shall continue to manage and operate the Property in a good faith and in a manner consistent with Seller's current business practice, provided Seller shall not enter into any new service contracts for the Property which cannot be terminated at Closing, and Seller shall not remove any Personalty from the Property, except for purposes of repairing and/or replacing such Personalty.
Buyer Approval. Immediately following the execution of this Agreement, Buyer shall execute and deliver, in accordance with Section 228 of the DGCL and in its capacity as the sole stockholder of Merger Sub, a written consent adopting this Agreement.
