Governmental Approval; McDonald’s Waiver of Contingencies Sample Clauses

Governmental Approval; McDonald’s Waiver of Contingencies. Purchaser's obligation to close on the purchase of the Property shall be conditioned on Purchaser having obtained receipt of the Governmental Approval, McDonald’s unconditional waiver of all contingencies under the McDonald’s Agreement, and McDonald’s ability to concurrently close on the acquisition of the Property. During the period beginning upon the expiration of the Inspection Period and ending at 5:00 p.m. (local time at the Property) on the date that is one hundred twenty (120) days following the expiration of the Inspection Period (hereinafter referred to as the "Governmental Approval Deadline"), Purchaser shall use commercially reasonable efforts to obtain the Governmental Approval. Purchaser shall deliver or cause McDonald’s to deliver the required submittals for Governmental Approval to the Governmental Authorities within thirty (30) days following the expiration of the Inspection Period, as may be extended. If Purchaser cannot obtain, or reasonably determines that it cannot obtain, Governmental Approval prior to the Governmental Approval Deadline or if McDonald’s has not unconditionally waived all of its contingencies under the McDonald’s Agreement and McDonald’s is not in a position to concurrently close on the acquisition of the Property, Purchaser may terminate this Agreement by delivering notice thereof to Seller and the Title Company, whereupon the Title Company shall deliver the Deposit to Purchaser and the parties' other rights and obligations hereunder shall terminate, except for those rights and obligations that expressly survive termination. Notwithstanding the foregoing, Purchaser may extend the Governmental Approval Deadline, at its election, for two (2) additional forty-five (45) day periods (each, a "Permit Extension") by providing notice to Seller and the Title Company on or before the then applicable Governmental Approval Deadline. If prior to the Governmental Approval Deadline, Purchaser obtains Governmental Approval, Purchaser shall deliver written notice of such satisfaction to Seller (the "Governmental Approval Notice").
Sample 1
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Related to Governmental Approval; McDonald’s Waiver of Contingencies

  • Governmental Approval Any Governmental Approval shall have been revoked, rescinded, suspended, modified in an adverse manner or not renewed for a full term, and such revocation, rescission, suspension, modification or non-renewal has, or could reasonably be expected to have, a Material Adverse Effect.

  • 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.

  • Final Approval After Acceptance, Engineer shall perform any required modifications, changes, alterations, corrections, redesigns, and additional work necessary to receive Final Approval by the County. "Final Approval" in this sense shall mean formal recognition that the Engineering Services have been fully carried out.

  • Authorization Required Prior to Parallel Operation 2.2.1 The NYISO, in consultation with the Connecting Transmission Owner, shall use Reasonable Efforts to list applicable parallel Operating Requirements in Attachment 5 of this Agreement. Additionally, the NYISO, in consultation with the Connecting Transmission Owner, shall notify the Interconnection Customer of any changes to these requirements as soon as they are known. The NYISO and Connecting Transmission Owner shall make Reasonable Efforts to cooperate with the Interconnection Customer in meeting requirements necessary for the Interconnection Customer to commence parallel operations by the in-service date.

  • Final Approval Order 62. The Parties shall jointly seek entry of a Final Approval Order, the text of which the Parties shall agree upon. The dismissal orders, motions or stipulation to implement this Section shall, among other things, seek or provide for a dismissal with prejudice and waiving any rights of appeal.

  • Required Permits Unless otherwise stated in the RFP documents, all local, State or Federal permits which may be required to provide the services ensuing from award of this RFP, whether or not they are known to either CMHA or the proposers at the time of the proposal submittal deadline or the award, shall be the sole responsibility of the successful proposer and any costs submitted by the proposer shall reflect all costs required by the successful proposer to procure and provide such necessary permits.

  • Governmental Authorization; Other Consents No approval, consent, exemption, authorization, or other action by, or notice to, or filing with, any Governmental Authority or any other Person is necessary or required in connection with the execution, delivery or performance by, or enforcement against, any Loan Party of this Agreement or any other Loan Document.

  • COMPLIANCE WITH LICENSING REQUIREMENTS CONTRACTOR shall comply with all necessary licensing requirements and shall obtain appropriate licenses and display the same in a location that is reasonably conspicuous, as well as file copies of same with the County Executive Office.

  • Licenses and Similar Authorizations The Contractor, at no expense to the City, shall secure and maintain in full force and effect during the term of this Contract all required licenses, permits, and similar legal authorizations, and comply with all related requirements.

  • Additional Licensing Requirements and or Use Rights a. Multiplexing. Multiplexing (sometimes referred to as “pooling”) is a manner of indirect hardware or software access (“indirect access”) that • pools connections, • reroutes information, • reduces the number of users that directly access or use the software, or • reduces the number of users the software directly manages. Any user accessing the ERP Solution through a multiplexed connection must be appropriately licensed with an Access License.

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