Requisite Consent Clause Samples

Requisite Consent. The Parties acknowledge the consents in this clause 13 constitute the requisite consent of the Parties for the purposes of sections 24EB(1)(b) of the Native Title Act, and Regulation 7(5) of the Native Title (Indigenous Land Use Agreement) Regulations 1999 (Cth) to the doing of any of the acts referred to in clause 13.1.

Requisite Consent. The Company shall have delivered to Discovery evidence reasonably satisfactory to it that each of the Requisite Consent of the Stockholders and the Consent of the Minority Stockholders shall have been obtained and shall remain in full force and effect.

Requisite Consent. The term “Requisite Consent” shall mean the prior written approval of Stockholders holding at least eighty-six percent (86%) of the shares of Stock then owned by all Stockholders.

Requisite Consent. The Facility Agent confirms that it has been authorised by the Lenders to enter into this Deed as Facility Agent.

Requisite Consent. 53 Restraints......................................54 SEC.............................................13

Requisite Consent. The Requisite Consent shall have been obtained, provided as of the Effective Date, and be in full force and effect.

Requisite Consent. The Parties acknowledge that the consents in this clause 8 constitute consent of the Parties to the doing of the Agreed Acts for the purposes of section 24EB(1)(b)(i) and section 24EBA(1)(a)(i) of the NTA and regulations 7(5)(a) and 7(5)(d) of the ILUA Regulations.

Requisite Consent. As soon as possible after the date hereof, the Parties shall take or cause to be taken all actions and do or cause to be done all things that are necessary or desirable for the purpose of obtaining the Requisite Consent.

Requisite Consent. The Consent of Holders of at least a majority in aggregate principal amount of all outstanding Notes (the “Requisite Consents”) is required under the Indenture for the Proposed Amendment to be approved. Once effective, the Proposed Amendment will be binding on the Holders or any subsequent holder of the Notes. As of the date hereof, the aggregate outstanding principal amount of the Notes was $400.0 million. The failure of a Holder to deliver a Consent (including any failure resulting from broker non-votes) will have the same effect as if such Holder had voted “Against” the Proposed Amendment. If a Holder delivers a Consent that does not specify the aggregate principal amount of Notes with respect to which the Consent relates, or if neither the “For” nor the “Against” box is marked with respect to such Notes, but the Consent Letter is otherwise properly completed and signed, the Holder will be deemed to have consented to the Proposed Amendment with respect to the entire aggregate principal amount of Notes which such Holder holds directly or indirectly through DTC. The Consent Solicitation will expire at 5:00 p.m., New York City time, on December 8, 2006 unless extended and if so extended, the date and time as extended (the “Expiration Date”). Subject to obtaining the Senior Lenders Consents, if the Requisite Consents are obtained on or before the Expiration Date, the Supplemental Indenture will be executed promptly following receipt of the Requisite Consents and be binding on the Holders and any subsequent holder of the Notes. The Company will pay the Consent Fee to Holders that return properly completed, executed and unrevoked Consents, as provided herein, no later than the Expiration Date, even if the Proposed Amendment becomes effective prior to that date. Consents may be revoked at any time prior to the Consent Date, but may not be revoked thereafter. The Company will not execute the Supplemental Indenture, however, and no Consent Fees will be paid, unless and until it obtains the Senior Lenders Consents. The Company reserves the right to extend the Consent Solicitation at any time and from time to time, whether or not the Requisite Consents have been received, by giving oral or written notice to the Tabulation Agent no later than 9:00 a.m., New York City time, on the next business day after the previously announced Expiration Date. Any such extension will be followed as promptly as practicable by notice thereof by press release or other public announce...