Requisite Approvals Sample Clauses

Requisite Approvals. The execution and delivery of this Agreement and the consummation of the transactions contemplated herein, have been authorized by the Board of Trustees of the Funds by vote taken at a meeting of such Board duly called and held on July 23, 2018. No approval of the shareholders of the Acquiring Fund is required in connection with this Agreement or the transaction contemplated hereby. The Agreement has been executed and delivered by a duly authorized officer of the Acquired Fund and the Acquiring Fund and is a valid and legally binding obligation of the Funds enforceable in accordance with its terms.
Requisite Approvals. Seller agrees that it will promptly seek the requisite approval and consent to this Contract and to the sale and transfer of the Property to Purchaser from the Existing Lender (the "Existing Lender Approval"). Purchaser shall promptly provide all documents, instruments and agreements reasonably requested by the Existing Lender in connection with obtaining its consent as aforesaid. In the event that Seller has not obtained the Existing Lender Approval prior to the Closing Date at a cost to Purchaser of no greater than the sum of (x) an assumption fee of no greater than one percent (1%) of the outstanding principal balance of the Existing Loan plus (y) any reasonable costs and expenses of the Existing Lender in connection with such assumption including, without limitation, attorney's fees, then either Seller or Purchaser may, at their option, terminate this Contract by delivery of written notice of termination to the other party, whereupon the Xxxxxxx Money Deposit shall be returned to Purchaser and the parties shall have no further obligations hereunder except for the provisions of this Contract which by the terms of this Contract shall survive its termination. Notwithstanding the foregoing, in the event that Seller has not obtained the Existing Lender Approval on or prior to the Closing Date, then the Closing Date shall be automatically extended for up to thirty (30) days to enable Seller to obtain such approval without the necessity of Seller and Purchaser executing any further amendments to this Contract.
Requisite Approvals. The Company shall use its best efforts to obtain all necessary or desirable approvals for the performance by the Company of this Agreement (including without limitation the adjustments set forth in Section 3) from whatsoever source required, including, but not limited to (i) at the request of Holder, the Company's shareholders at the next meeting thereof, whether annual or special, as called in the Company's discretion or otherwise in accordance with the Company's bylaws, or (ii) any governmental authority or regulatory body of the United States or of any state required in connection with the lawful issuance of the Warrant Shares.
Requisite Approvals. The execution and delivery of this Agreement and the consummation of the transactions contemplated herein have been authorized by the Portfolio’s Board of Trustees by vote taken at a meeting of such Board duly called and held on August 8, 2005.
Requisite Approvals. The principal terms of this Agreement shall have been approved and adopted by Acquirer's Board of Directors.
Requisite Approvals. The execution and delivery of this Agreement and the consummation of the transactions contemplated herein have been authorized by the Portfolio's Board of Trustees by vote taken at a meeting of such Board duly called and held on October 20, 2003.
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Requisite Approvals. The principal terms of this Agreement, the Articles of Merger and the Agreement of Merger shall have been approved and adopted by the Board of Directors of Inland and Acquisition Corp. and unanimously approved and adopted by the written consent or vote of the sole shareholder of Acquisition Corp.
Requisite Approvals. The Company shall have obtained all governmental required consents, licenses, permits and approvals relating to the transactions contemplated by this Agreement and the Notes, which, consents, licenses, permits and approvals shall be in full force and effect and be reasonably acceptable to Purchaser and Purchaser’s counsel.
Requisite Approvals. The principal terms of this Agreement, the Merger and the Certificate of Merger shall have been approved and adopted by the written consent or vote of: (a) the Servicesoft Stockholders, (b) Servicesoft's Board of Directors, and (c) the Broadbase stockholders.
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