Consent Approval definition
Examples of Consent Approval in a sentence
These suitssuit do not present exposure for damagesdamage but rather involve declaratory or equitable relief Case 1:03-cv-02006-EGS Document 459-13 Filed 03/09/09 Page 35 of 40 Case 1:03-cv-02006-EGS Document 459-13 Filed 03/09/09 Page 36 of 40 Schedule 2.11 Governmental Consent Approval of the Supreme Court of the State of New York with notice to the Attorney General.
Maturity and Penal Clause Protocol, Payment Plan, Vehicle Pledge Agreement, Write Installation off Agreement, Vehicle Delivery Record, Statement Record, Letter of Payment Consent, Letter of Decrease in Value Consent, Approval Form and Expertise Report are indispensable parts of this agreement and they are annexes of Agreement having the same effect.
Notwithstanding the foregoing, in the event one or more Franchisor’s Consents or Marriott Manager’s Consents has not been obtained by the Consent Approval Outside Date, either Party may terminate this Agreement, whereupon this Agreement, and the obligations of the Parties hereunder shall terminate without further action of any party (and no Party shall have any further obligation in connection herewith except for Obligations Surviving Termination).
Any written Consent, Approval, decision, confirmation or determination hereunder by the Developer Representative shall be binding on the Developer; provided, however that notwithstanding anything in this Developer Agreement to the contrary, the Developer Representative shall not have any right to modify, amend or terminate this Developer Agreement.
Except as shown on Schedule 4.16(v), Seller has not received any notice from any Governmental Body or other entity having jurisdiction over the Properties threatening a current or prospective suspension, revocation, modification or cancellation of any Governmental Authorization, Consent, Approval or Permit and, to the Knowledge of Seller, there is no basis for the issuance of any such notice or the taking of any such action.
Notwithstanding the foregoing, in the event any Loan Release and Modification has not been obtained for a particular Hotel Portfolio by the Consent Approval Outside Date, either Party may terminate this Agreement, whereupon this Agreement, and the obligations of the Parties hereunder shall terminate without further action of any Party (and no Party shall have any further obligation in connection herewith except for Obligations Surviving Termination).
Within two Business Days after each Delayed Consent Approval Date, with respect to each Delayed Consent, the Surviving Company shall, and Parent shall cause the Surviving Company to, deliver to Seller Representative reasonably detailed calculations of the corresponding Attributable Property Value Adjustment Amount (if applicable) and the Delayed Net Working Capital Adjustment Amount.
No Consent, Approval, order, authorization, filing, notice or other action to the execution and delivery of this Developer Agreement by the Developer or the performance by the Developer of its covenants, obligations and agreements hereunder is required from any partner, board of directors, shareholder, creditor, investor, Governmental Authority or other Person, other than any such Consent, Approval, order, authorization, filing, notice or other action which already has been taken or unconditionally given.
Seller has not received any notice from any Governmental Body or other entity having jurisdiction over the Properties threatening a suspension, revocation, modification or cancellation of any Governmental Authorization, Consent, Approval or Permit and there is no basis for the issuance of any such notice or the taking of any such action.
Within ten (10) Business Days after each Delayed Consent Approval Date, with respect to each Delayed Consent, the Surviving Companies shall, and Buyer shall cause the Surviving Companies to, deliver to the Sellers its good faith calculations of the corresponding Delayed Consent Subsidiary Purchase Price.