Specific Approvals. Before Lender shall be committed to extend any credit to Borrower under this Agreement to fund an acquisition by Borrower of a proposed investment in an apartment complex (a "PROPERTY INVESTMENT," provided that such term shall not include any Released Property Investment), Borrower shall prepare or cause to be prepared a term sheet for each proposed Property Investment and shall submit the same for review to Lender. Borrower shall furnish any other information reasonably requested by Lender. Borrower may furnish Lender various tables and charts illustrating the potential results of operations of a proposed Property Investment under various scenarios and various hypothetical sale scenarios. Lender acknowledges any such illustrations would be based upon assumptions as to future events which cannot be predicted with any degree of certainty and based upon assumptions as to the future furnished by third party development partners in Property Investments. There is no assurance that the assumptions will be shown to be correct. Actual results will usually vary and the variances may be material. Lender shall, in its sole and absolute discretion, notify Borrower of its approval of a proposed Property Investment within 10 days; provided, however, that Lender shall be under no obligation to approve any particular proposed Property Investment. Borrower expressly agrees and acknowledges that Property Investments, loans, financings or other financial transactions under or contemplated by this Agreement shall comply with the precepts of Islamic Xxxxx'ah as interpreted by Lender as Borrower receives notice of such precepts from time to time. Upon any such notification, Lender and Borrower shall cooperate in good faith and implement such precepts in such manner as shall give effect to such precepts while preserving the existing benefit of its bargain for each of Lender, Borrower, and any other participant in Property Investments and minimizing disruption of the existing relationships, agreements and arrangements among such parties. Lender, after consultation with, and consideration by, its Xxxxx'ah Committee, has the sole discretion to approve or disapprove the implementation of such precepts and matters affected by such precepts, even if such decisions could have an adverse effect on Borrower or any other participant in Property Investments, provided the implementation of such precepts does not adversely effect the economic relationship of Lender, Borrower and any other pa...
Specific Approvals. (a) The prior approval of a majority of the Independent Directors will be required to:
Specific Approvals. (i) The prior approval of a majority of the Independent Directors and a majority of the Investor Directors will be required to: (a) delist the American Depositary Shares from Nasdaq; (b) deregister the Ordinary Shares and American Depositary Shares of the Company under the Exchange Act; (c) apply for an exemption from any regulations of the Commission or Nasdaq (including, without limitation, the corporate governance requirements of the Nasdaq Marketplace Rules (5600 series)), except for any exemption relating to “controlled companies” pursuant to Nasdaq Marketplace Rule 5615; or (d) elect not to rely on the “home country” exception under Nasdaq Marketplace Rule 5615(a)(3) with respect to the eligibility of persons to serve on the Nominating Committee.
Specific Approvals. Each of the OVEC Sponsoring Companies must fail to exercise each of their right of first offer under the ICPA before Allegheny may assign its rights and obligations under the ICPA. Consent to the assignment of all of Allegheny’s rights and obligations under the ICPA and the transfer of the OVEC Shares to Purchaser by XL Capital Assurance, as the insurance wrap provider and guarantor to bondholders, under a $305 million bond financing that is wrapped by a credit-insurance policy, primarily documented by an Indenture and an Insurance and Reimbursement Agreement, both dated as of December 21, 2001. Consent to the assignment of all of Allegheny’s rights and obligations under the ICPA and the transfer of the OVEC Shares to Purchaser by certain required lenders under a $60 million term loan facility, primarily documented by a Term Credit Agreement, dated as of March 25, 2003, among OVEC, a syndicate of banks and LaSalle Bank N.A., as administrative agent. Consent to the assignment of all of Allegheny’s rights and obligations under the ICPA and the transfer of the OVEC Shares to Purchaser by KeyBank, N.A. and certain required lenders under a 364-day revolving loan facility, primarily documented by a 364-day Credit Agreement, dated as of August 10, 2001, among OVEC, a syndicate of lenders and KeyBank N.A., as administrative agent.
Specific Approvals. In addition to any other approvals or authorizations required under the Memorandum or these Articles, the Company shall not take any of the following actions without the prior approval of either (i) the Audit Committee or (ii) a majority of the Independent Directors:
Specific Approvals. Prior to commencing Tenant’s Work, Tenant must obtain the following (as further discussed below): • Approval of construction plans from the Airport’s Design Review Committee (the “DRC”) and the Zero Energy and Resilient Outcomes Committee (the “ZERO Committee”). • Upon approval from the DRC and the Zero Committee, Xxxxxx must obtain a building permit from SFO Building Inspection and Code Enforcement (“XXXX”). • All food and beverage concession tenants must also complete plan review and obtain a health permit from the San Mateo County Environmental Health Department.
Specific Approvals. The Manager covenants and agrees that in connection with the performance of its duties under this Agreement, the Manager shall submit to the Owner for the Approval of the Owner (and, subject as hereinafter provided in this Section 8.2, the Manager shall not proceed without the Approval of the Owner):
Specific Approvals. Notwithstanding the provisions of Section 11.01(a), no amendment, waiver or consent with respect to which the Required Consents are required pursuant to Section 11.01(a) and shall have been obtained shall, expressly by its terms:
