Exceptions to Consent Requirement Sample Clauses
The "Exceptions to Consent Requirement" clause defines specific situations where obtaining prior consent from a party is not necessary before taking certain actions. Typically, this clause outlines scenarios such as compliance with legal obligations, emergencies, or routine administrative matters where consent would otherwise be required. By clearly delineating these exceptions, the clause streamlines processes and reduces administrative burdens, ensuring that necessary actions can proceed without unnecessary delays while still respecting the general principle of consent.
Exceptions to Consent Requirement. (i) A Participant’s rights will not be deemed to have been materially impaired by any amendment, alteration, suspension or termination if the Administrator, in its sole discretion, determines that the amendment, alteration, suspension or termination taken as a whole, does not materially impair the Participant’s rights; and
(ii) Subject to any limitations of Applicable Laws, the Administrator may amend the terms of any one or more Awards without the affected Participant’s consent even if it does materially impair the Participant’s right if such amendment is done
Exceptions to Consent Requirement. 6.1.1.1 Either Party may assign the Agreement without the consent of the other Party to any affiliate (including a merger or acquisition of the Party with another entity) of the assigning Party with an equal or greater credit rating and with the legal authority and operational ability to satisfy the obligations of the assigning Party under this Agreement.
6.1.1.2 Customer is entitled to assign the Agreement without the consent of Rocky Mountain Power for collateral security purposes to aid in obtaining financing for the Net Metering Facility.
6.1.1.3 For small generator systems that are integrated into a building facility, the sale of the building or property will result in the automatic assignment of this Agreement to the new owner who will be responsible for complying with the terms and conditions of this Agreement.
Exceptions to Consent Requirement. 6.1.1.1 Either Party may assign the Agreement without the consent of the other Party to any affiliate (including a merger or acquisition of the Party with another entity) with the legal authority and operational ability to satisfy the obligations of the assigning Party under this Agreement.
6.1.1.2 Customer-Generator is entitled to assign the Agreement without the consent of Rocky Mountain Power for collateral security purposes to aid in obtaining financing for the Net Metering Facility.
6.1.1.3 For small generator systems that are integrated into a building facility, the sale of the building or property will result in the automatic assignment of this Agreement to the new owner who will be responsible for complying with the terms and conditions of this Agreement.
Exceptions to Consent Requirement. The consent required by Section 6.1 shall not apply to a disclosure: (a) to an Affiliate, consultant, contractor or subcontractor that has a bona fide need to be informed; (b) to any third party to whom the disclosing Shareholder contemplates a Transfer of all or part of its Ownership Interest; (c) to a governmental agency or to the public that the disclosing Shareholder believes in good faith is required by pertinent law or regulation or the rules of any stock exchange; (d) to financial institutions and bona fide third party financial investors; or (e) resulting from the establishment and use of a data room in response to a take-over bid or other form of proposed corporate combination. In any case to which this Section 6.2 is applicable, the disclosing Shareholder shall give notice to the other Shareholder concurrently with the making of such disclosure. As to any disclosure pursuant to Sections 6.2 (a) or (b), only such confidential information as such third party shall have a legitimate business need to know shall be disclosed and such third party shall first agree in writing to protect the confidential information from further disclosure to the same extent as the Shareholders are obligated under this Article VI.
Exceptions to Consent Requirement. Consent shall not be required in the event of: (a) a transfer to a wholly-owned affiliate or subsidiary of Lessee; (b) any corporate reorganization involving Lessee; (c) a merger or consolidation with a parent entity; or (d) assignment to an affiliate of Lessee, provided that the successor to Lessee has a net worth (computed in accordance with generally accepted accounting principles consistently applied) at least equal to the net worth of the Lessee named herein on the date prior to such merger or consolidation or assignment. Written notice of the intent to consummate such a transaction shall be delivered to Lessor at least thirty (30) days prior to the effective date thereof, and Lessee shall provide reasonable documentary demonstrating the satisfaction of the foregoing net worth criterion promptly upon request. The term “affiliate” as used herein shall mean any corporation which controls or is controlled by Lessee or is under common control with Lessee.
Exceptions to Consent Requirement. 6.1.1.1 Either Party may assign the Agreement without the consent of the other Party to any affiliate (including a merger or acquisition of the Party with another entity) with the legal
6.1.1.2 Customer-Generator is entitled to assign the Agreement without the consent of Pacific Power for collateral security purposes to aid in obtaining financing for the Net Metering Facility.
6.1.1.3 For small generator systems that are integrated into a building facility, the sale of the building or property will result in the automatic assignment of this Agreement to the new owner who will be responsible for complying with the terms and conditions of this Agreement.
Exceptions to Consent Requirement. The Agency’s consent is not required for (i) any financing with respect to or encumbering solely any indirect ownership interest in the Owner, and any encumbrance of an indirect ownership interest in the Owner that secures solely such financing, where the exercise of any rights or remedies by the holder of such debt would not in any circumstance cause (1) a change in present or contingent control over management or operations of the Owner or the Project, or (2) a transfer of a direct or indirect ownership interest in the Owner in violation of this Agreement; or (ii) any financing that is provided to the Owner by its members or partners, as applicable, pursuant to the Owner’s organizational documents, and any encumbrance of a direct or indirect ownership interest in the Owner that secures solely such financing.
Exceptions to Consent Requirement. The Agency’s consent is not required for any leases of Units to Tenants, on the condition that the leases are consistent with this Agreement and do not contain an option to acquire all or any portion of the Project. In addition, the Agency’s consent is not required for any non-residential lease, sublease, license, or occupancy agreement that is permitted by Section 4.16. The Agency consents to any Property Transfer approved in Exhibit B.