Common use of Governmental Approvals and Third Party Consents Clause in Contracts

Governmental Approvals and Third Party Consents. To the extent that any of the Transactions require any Governmental Approval or other third-party Consent, which has not been obtained prior to the Effective Date, the Parties will use commercially reasonable efforts to obtain, or cause to be obtained, such Governmental Approval or Consent prior to the Effective Time.

Appears in 3 contracts

Samples: Separation and Distribution Agreement (Ashford Inc), Separation and Distribution Agreement (Ashford Hospitality Trust Inc), Separation and Distribution Agreement (Ashford Inc)

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Governmental Approvals and Third Party Consents. To the extent that any of the Transactions require any Governmental Approval or other third-party Consent, which has not been obtained prior to the Effective Datedate of this Agreement, the Parties will use commercially reasonable efforts to obtain, or cause to be obtained, such Governmental Approval or Consent prior to the Effective Time.

Appears in 2 contracts

Samples: Separation and Distribution Agreement (NexPoint Residential Trust, Inc.), Separation and Distribution Agreement (NexPoint Residential Trust, Inc.)

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