Consent to MOCA Transaction Sample Clauses

Consent to MOCA Transaction. The Agent and the Lenders hereby approve of and consent to the MOCA Transaction and the transfer by the Borrower of that portion of its Inventory which relates solely to the products of Sun Microsystems (the "Transferred Inventory") to Merisel Open Computing Alliance, Inc. ("MOCA"). The Agent and the Lenders hereby agree to release, and to execute and deliver such instruments or agreements as may be necessary to effect such release, the Lenders' security interest in the Transferred Inventory, provided that such release of the Transferred Inventory will not, under the Loan Agreement, cause the Aggregate Revolver Outstanding to exceed the Availability (with the Availability for purposes of this sentence calculated as if (i) the Aggregate Revolver Outstanding were zero and (ii) the Transferred Inventory were excluded from the Borrowing Base).
Sample 1
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Related to Consent to MOCA Transaction

  • Consent to Agreement By executing this Agreement, each party, for itself represents such party has read or caused to be read this Agreement in all particulars, and consents to the rights, conditions, duties and responsibilities imposed upon such party as specified in this Agreement. Each party represents, warrants and covenants that such party executes and delivers this Agreement of its own free will and with no threat, undue influence, menace, coercion or duress, whether economic or physical. Moreover, each party represents, warrants, and covenants that such party executes this Agreement acting on such party's own independent judgment and upon the advice of such party's counsel.

  • Amendment to Merger Agreement The Merger Agreement shall be amended as follows:

  • Amendments Requiring Consent of all Affected Noteholders No amendment to this Agreement may, without the consent of all affected Noteholders, (i) increase or reduce in any manner the amount of, or accelerate or delay the timing of, or change the allocation or priority of, Collections or distributions that are required to be made to the Secured Parties, (ii) change the terms on which the Servicer may exercise its option to purchase the Sold Property under Section 8.1, (iii) reduce the percentage of the Note Balance of the Notes required to consent to any amendment or (iv) change the Specified Reserve Balance.

  • Consent to Filing The Asset Representations Reviewer hereby consents to the filing of this Agreement, including the schedules hereto, with the Commission.

  • Agreement to Merge The parties to this Agreement agree to effect the Merger herein provided for, subject to the terms and conditions set forth herein.

  • Seller's Consent to Assignment The Seller hereby acknowledges the Purchaser's right to assign, transfer and convey all of the Purchaser's rights under this Agreement to a third party and that the representations and warranties made by the Seller to the Purchaser pursuant to this Agreement will, in the case of such assignment, transfer and conveyance, be for the benefit of such third party. The Seller hereby consents to such assignment, transfer and conveyance.

  • Consent Letter On the Restatement Effective Date, the Administrative Agent shall have received a letter from CT Corporation System, presently located at 1633 Xxxxxxxx, Xxx Xxxx, XX 00000, xx the form of Exhibit I indicating its consent to its appointment by each Credit Party as their agent to receive service of process.

  • Amendments to Merger Agreement The Merger Agreement is hereby amended as follows:

  • Waiver; Consent This Agreement may not be changed, amended, terminated, augmented, rescinded or discharged (other than in accordance with its terms), in whole or in part, except by a writing executed by the parties hereto. No waiver of any of the provisions or conditions of this Agreement or any of the rights of a party hereto shall be effective or binding unless such waiver shall be in writing and signed by the party claimed to have given or consented thereto. Except to the extent otherwise agreed in writing, no waiver of any term, condition or other provision of this Agreement, or any breach thereof shall be deemed to be a waiver of any other term, condition or provision or any breach thereof, or any subsequent breach of the same term, condition or provision, nor shall any forbearance to seek a remedy for any noncompliance or breach be deemed to be a waiver of a party’s rights and remedies with respect to such noncompliance or breach.

  • Amendments to the Merger Agreement The Merger Agreement is hereby amended as follows:

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