Financial Approvals Sample Clauses

Financial Approvals. In accordance with the requirements of the City RFP and City of Miami Resolution No. 91-509 (the “Resolution”), Xxxxxx’x Walk has produced the materials attached hereto as Exhibit “K” (the “Financial Materials”) to demonstrate, that Xxxxxx’x Walk has the financial capability to successfully undertake and complete the planning and design, construction, leasing and management of the Project. The CRA acknowledges and agrees that the Financial Materials are sufficient to comply with the requirements of the City RFP and the Resolution. Xxxxxx’x Walk acknowledges and agrees that the approval of the Financial Materials by the CRA shall not be deemed or construed as a representation by the CRA as to the financial ability of Xxxxxx’x Walk to compete the Project and that Xxxxxx'x Walk bears the entire risk as to its ability to comply with the terms of the Restated Poinciana Lease.
Sample 1
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Financial Approvals. All required approvals outlined below are subject to any approvals required within relevant credit agreements and / or partnership, joint venture, or other similar agreements. All approvals required, whether by members of management, the Investment Committee of the Board or the Board, shall be subject to no further material economic revisions to the terms of the relevant activity. If a material economic revision occurs after approval, then a secondary approval must be received prior to closing.
Sample 1
Financial Approvals. Purchaser, as of the Closing Date, shall have obtained all financial approvals necessary to consummate the transactions contemplated herein, if any, and shall be financially able to consummate the transactions contemplated herein. (h)
Sample 1
Financial Approvals. All required approvals outlined below are subject to any approvals required within relevant credit agreements and / or partnership, joint venture, or other similar agreements. All approvals required, whether by members of management, the Investment Committee of the Board or the Board, shall be subject to no further material economic revisions to the terms of the relevant activity. If a material economic revision occurs after approval, then a secondary approval must be received prior to closing. Non-Recourse Mortgage Financing (new or existing assets, single asset) Less than $20 million in Principal at Parkway’s Share and 50% Loan to Value or Less: Must be approved by the Treasurer, the Chief Financial Officer and the MIC. Documents require one signature, which can be any of the following officers: any executive officer who is a member of the MIC, the General Counsel or the Treasurer. Summary description of the financing should be included in the meeting materials for the first board meeting subsequent to the closing of the financing. Less than $20 million in Principal at Parkway’s Share and Greater than 50% Loan to Value or any refinancing that requires a pay down of the existing loan: Must be approved by the Treasurer, Chief Financial Officer, the MIC, and the Investment Committee of the Board. Documents require one signature, which can be any of the following officers: any executive officer who is a member of the MIC, the General Counsel or the Treasurer. Summary description of the financing should be included in the meeting materials for the first board meeting subsequent to the closing of the financing. $20 million to $99.9 million in Principal at Parkway’s Share, Regardless of Loan to Value: Must be approved by the Treasurer, Chief Financial Officer, the MIC, and the Investment Committee of the Board. Documents require one signature, which can be any of the following officers: any executive officer who is a member of the MIC, the General Counsel or the Treasurer. Summary description of the financing should be included in the meeting materials for the first board meeting subsequent to the closing of the financing. $100 million in Principal or Greater at Parkway’s Share, Regardless of Loan to Value: Must be approved by the Treasurer, Chief Financial Officer, the MIC, the Investment Committee of the Board and the full Board. Documents require two signatures, which can be the Chief Financial Officer or Chief Executive Officer and any other executive offic...
Sample 1

Related to Financial Approvals

  • Required Governmental Approvals All governmental authorizations, consents and approvals necessary for the valid consummation of the transactions contemplated hereby shall have been obtained and shall be in full force and effect. All applicable governmental pre-acquisition filing, information furnishing and waiting period requirements shall have been met or such compliance shall have been waived by the governmental authority having authority to grant such waivers.

  • Consents and Governmental Approvals (a) Subject to Section 1.05(c), to the extent that the assignment, transfer, conveyance or delivery of any Transferred REB Asset to WRECO or a WRECO Subsidiary or of any Transferred Excluded Asset to Weyerhaeuser or a Weyerhaeuser Subsidiary (other than WRECO or any WRECO Subsidiary) in connection with the REB Transfers would constitute a violation of applicable Law, or would require a Consent or Governmental Approval that has not been obtained or made prior to the REB Transfer Time, then the assignment, transfer, conveyance or delivery of such Transferred REB Asset or Transferred Excluded Asset (collectively, the “Delayed Transfer Assets”) will automatically be deferred, and no such assignment, transfer, conveyance or delivery will occur, until all legal impediments are removed or such Consents or Governmental Approvals have been obtained or made with respect to the applicable Delayed Transfer Assets. Notwithstanding such deferral of the assignment, transfer, conveyance and delivery of the Delayed Transfer Assets, any Delayed Transfer Asset will still be considered an REB Asset or Excluded Asset, as the case may be, and from the REB Transfer Time until the consummation of assignment, transfer, conveyance and delivery of such Delayed Transfer Asset, Weyerhaeuser or the applicable Weyerhaeuser Subsidiary (other than WRECO or any WRECO Subsidiary) shall hold any Transferred REB Assets that are Delayed Transfer Assets in trust for the use and benefit, insofar as reasonably practicable, of WRECO or the applicable WRECO Subsidiary at the sole expense of WRECO or the applicable WRECO Subsidiary, and WRECO or the applicable WRECO Subsidiary shall hold any Transferred Excluded Assets that are Delayed Transfer Assets in trust for the use and benefit, insofar as reasonably practicable, of Weyerhaeuser or the applicable Weyerhaeuser Subsidiary (other than WRECO or any WRECO Subsidiary) at the sole expense of Weyerhaeuser or the applicable Weyerhaeuser Subsidiary. Weyerhaeuser shall use commercially reasonable efforts to develop and implement arrangements to place WRECO and the WRECO Subsidiaries and Weyerhaeuser and the Weyerhaeuser Subsidiaries (other than WRECO and the WRECO Subsidiaries), as the case may be, insofar as reasonably practicable, in the same position as if the Delayed Transfer Assets had been assigned, transferred, conveyed and delivered and so that all the benefits and burdens relating to such Delayed Transfer Assets, including possession, use, risk of loss, potential for gain, and dominion, control and command over such asset, inure from and after the REB Transfer Time to WRECO and the WRECO Subsidiaries, in the case of Transferred REB Assets that are Delayed Transfer Assets, or to Weyerhaeuser and the Weyerhaeuser Subsidiaries (other than WRECO and the WRECO Subsidiaries), in the case of Transferred Excluded Assets that are Delayed Transfer Assets. If and when the legal impediments, Consents or Governmental Approvals, the presence or the absence of which caused the deferral of the assignment, transfer, conveyance and delivery of any Delayed Transfer Assets pursuant to this Section 1.05(a), are removed, obtained or made, as the case may be, the assignment, transfer, conveyance and delivery of the applicable Delayed Transfer Asset shall be promptly effected in accordance with the terms of this Agreement and the other applicable Transaction Documents, without the payment of additional consideration. On the Closing Date, Weyerhaeuser shall use its reasonable best efforts to deliver to Parent (for information purposes only) a schedule setting forth all material Delayed Transfer Assets existing as of the Closing Date.

  • Governmental Approvals No authorization or approval or other action by, and no notice to or filing with, any Governmental Authority is required in connection with the due execution, delivery and performance by any Loan Party of any Loan Document to which it is or will be a party.

  • Governmental Approvals and Consents (a) Each party hereto shall, as promptly as possible, (i) make, or cause or be made, all filings and submissions required under any Law applicable to such party or any of its Affiliates; and (ii) use reasonable best efforts to obtain, or cause to be obtained, all consents, authorizations, orders and approvals from all Governmental Authorities that may be or become necessary for its execution and delivery of this Agreement and the performance of its obligations pursuant to this Agreement and the Ancillary Documents. Each party shall cooperate fully with the other party and its Affiliates in promptly seeking to obtain all such consents, authorizations, orders and approvals. The parties hereto shall not willfully take any action that will have the effect of delaying, impairing or impeding the receipt of any required consents, authorizations, orders and approvals.

  • Governmental Approvals, etc No authorization or approval or other action by, and no notice to or filing with, any governmental authority is required for the grant by the Company of the security interest granted hereby or the due execution, delivery or performance by the Company of this Agreement other than (i) filings and recordings in respect of the Liens created hereunder, (ii) those that have been, or on the date of this Agreement will be, duly obtained or made and will be in full force and effect, (iii) those required under applicable securities laws in connection with a disposition of Collateral and (iv) those necessary in connection with any transaction contemplated by Section 4(k) hereof.

  • Necessary Governmental Approvals The parties shall have received all approvals and actions of or by all Governmental Bodies necessary to consummate the transactions contemplated hereby, which are required to be obtained prior to the Closing by applicable Requirements of Laws.

  • Other Governmental Approvals Developer may apply for such other permits and approvals as may be required for development of the Project in accordance with this Agreement from other governmental or quasi-governmental agencies having jurisdiction over the Property. The City shall reasonably cooperate with Developer in its endeavors to obtain such permits and approvals.

  • Additional Approvals Each Party will cooperate and use respectively all reasonable efforts to make all other registrations, filings and applications, to give all notices and to obtain as soon as practicable all governmental or other consents, transfers, approvals, orders, qualifications authorizations, permits and waivers, if any, and to do all other things necessary or desirable for the consummation of the transactions as contemplated hereby. Neither Party shall be required, however, to divest or out-license products or assets or materially change its business if doing so is a condition of obtaining approval under the HSR Act or other governmental approvals of the transactions contemplated by this Agreement.

  • Governmental Approvals and Filings Except for any notices required or permitted to be filed after the Closing Date with certain federal and state securities commissions, the Company shall have obtained all governmental approvals required in connection with the lawful sale and issuance of the Notes.

  • Requisite Governmental Approvals No Consent of any Governmental Authority is required on the part of Parent, Merger Sub or any of their Affiliates (a) in connection with the execution and delivery of this Agreement by each of Parent and Merger Sub; (b) the performance by each of Parent and Merger Sub of their respective covenants and obligations pursuant to this Agreement; or (c) the consummation of the Transactions, except (i) the filing of the Certificate of Merger with the Secretary of State of the State of Delaware and such filings with Governmental Authorities to satisfy the applicable laws of states in which the Company Group is qualified to do business; (ii) such filings and approvals as may be required by any federal or state securities laws, including compliance with any applicable requirements of the Exchange Act; (iii) compliance with any applicable requirements of the HSR Act and any other applicable Antitrust Laws; and (iv) such other Consents the failure of which to obtain would not, individually or in the aggregate, prevent or materially delay the consummation of the Transactions or the ability of Parent and Merger Sub to fully perform their respective covenants and obligations pursuant to this Agreement.

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