Manager Consent Sample Clauses
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Manager Consent. Subject to the terms and conditions set forth herein, the Manager, on behalf of the Company, with effect as of the Closing Date, hereby consents to the Transfer of the Purchased Units from the Sellers to the Buyer in accordance with the terms of the Operating Agreement.
Manager Consent. A copy of the written consent of the Buyer’s sole manager, duly and validly adopted and being in full force and affect, authorizing the execution and delivery of this Agreement and the other agreements contemplated by this Agreement to which the Buyer is a party and the performance by the Buyer of its obligations hereunder and thereunder;
Manager Consent. Seller and Purchaser shall use commercially reasonable efforts to obtain from Manager an executed acknowledgment to the Assignment and Assumption of Marriott Lease Agreement (the “Manager Consent”) at least two (2) Business Days prior to the Closing Date. In connection with obtaining the Manager Consent, (i) Purchaser shall promptly provide all reasonable information reasonably requested by Manager related to its evaluation process, and (ii) neither Seller nor Purchaser shall be required to expand any liability or other obligation of Seller or Purchaser (as applicable) hereunder or the Marriott Lease Agreement, and in no event shall Seller be obligated to institute any legal proceeding or pay or incur any fee, cost or other expense in connection with such efforts other than de minimis legal fees), but Seller shall keep Purchaser reasonably apprised of Seller’s discussions with Manager regarding the Manager Consent.
Manager Consent. The Manager shall have adopted this Agreement in accordance with the CLLCA and the Operating Agreement. 48909489.6
Manager Consent. The Manager hereby consents to the assignment and assumption of the Trust IMA, the Trust Agreement, the Trust Account and the Cedent IMA as described in Sections 2.01, 2.02 and 2.
Manager Consent. Without the consent of BHI and all of the Members, the Company shall not file a voluntary petition or otherwise initiate proceedings to have the Company adjudicated bankrupt or insolvent, or consent to the institution of bankruptcy or insolvency proceedings against the Company, or file a petition seeking or consenting to reorganization or relief of the Company as debtor under any applicable federal or state law relating to bankruptcy, insolvency, or other relief for debtors with respect to the Company; or seek or consent to the appointment of any trustee, receiver, conservator, assignee, sequestrator, custodian, liquidator (or other similar official) of the Company or of all or any substantial part of the properties and assets of the Company, or make any general assignment for the benefit or creditors of the Company, or admit in writing the inability of the Company to pay its debts generally as they become due or declare or effect a moratorium on the Company debt or take any action in furtherance of any action.
Manager Consent. Lender shall received evidence satisfactory to Lender in its sole discretion that Manager has, in accordance with the terms of the Management Agreement, consented to the transactions contemplated by the Loan Documents.
Manager Consent the prior written consent of a Manager Majority; Manager Declaration: the declaration to be completed by each of the Initial Managers on Completion in accordance with the Subscription Agreement or to be completed by a New Securities Holder in accordance with clause 19.1 in the Agreed Form marked “B”;
Manager Consent