Control Consent definition

Control Consent. As applicable to Collateral that is a Letter-of-credit right, "Control Consent" means a written consent (or other Authenticated Record) in form and substance satisfactory to Lender, pursuant to which a letter of credit issuer (or any nominated person with respect to a letter of credit) consents to an assignment of the proceeds of the letter of credit, which written consent shall contain such provisions as Lender may deem necessary or appropriate for the protection of Lender's rights to such Collateral.
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Control Consent means a written consent that the Company, acting in its sole discretion, delivers to the Trustee under the Indenture consenting to a conversion of notes by a Holder that would, without such consent, trigger a Regulatory Condition. The Company may, from time to time, enter into a supplemental indenture with the Trustee (without the consent of the holders) to add any Additional Regulatory Condition for which an Opinion of Counsel, delivered to the Trustee, states that such Additional Regulatory Condition satisfies the definition of Additional Regulatory Condition. These restrictions on conversion of the Notes are without prejudice to any other rights with respect to securities of the Company.
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Examples of Control Consent in a sentence

  • Each Change of Control Consent is valid and binding and in full force and effect, and the Company has not waived or released any right, claim or benefit thereunder.

  • The quantities specified above have been ascertained in accordance with the provisions in the relevant Integrated Pollution Control Consent.

  • The Company has been granted and continues to hold the Casino Licences and is in compliance with all terms, conditions and requirements applicable to the Casino Licences and, so far as the Seller is aware, there are no circumstances (other than the application for Change of Control Consent) which would or might result in the Casino Licences being revoked, cancelled, invalidated, varied, restricted or suspended in any way.

  • To the extent that any series of Surviving Acquired Company Senior Notes has not been repaid, discharged or redeemed on or prior to the Closing Date pursuant to Section 4.02(g), either the Change of Control Consent or the Change of Control Offer shall have been commenced with respect to such series of Surviving Acquired Company Senior Notes no later than five days following the Closing Date.

  • At the request of Parent, the Company shall prepare, or cause to be prepared, customary documentation in connection with any Change of Control Consent Solicitation, Change of Control Offer and/or Debt Tender Offer, including any legal opinions or certificates from officers.

  • If any Change of Control Consent Solicitation, Change of Control Offer and/or Debt Tender Offer is launched prior to the Closing Date, then the closing of such transaction shall be conditioned on the occurrence of the Closing, and, at the request of Parent, the parties shall use their reasonable best efforts to cause such transaction to close on the Closing Date.

  • Parent may select one or more dealer managers, solicitation agents or other agents (in each case which shall be reasonably acceptable to the Company) to provide assistance in connection with any Change of Control Consent Solicitation, Change of Control Offer and/or Debt Tender Offer and the Company shall use reasonable best efforts to enter into, or cause to be entered into, customary agreements with such parties so selected, and on terms and conditions reasonably acceptable to Parent and the Company.

  • To the extent that any series of Surviving Jarden Senior Notes has not been repaid, discharged or redeemed on or prior to the Jarden Acquisition Closing Date, either the Change of Control Consent or the Change of Control Offer shall have been commenced with respect to such series of Surviving Jarden Senior Notes no later than five days following the Jarden Acquisition Closing Date.

  • Section 9(f) of the Certificate of Designations provides that, for so long as at least fifty percent (50%) of the Series A Shares remain outstanding, the Company will not, without first obtaining the written consent or affirmative vote of the holders of at least two-thirds of the shares of Series A Shares then outstanding, effect, or agree to effect, any transaction that will result in a change of control (the “Change of Control Consent Right”).

  • Unless otherwise disclosed in Schedule 5.09(g) of the Disclosure Letter, no Material Contract is a Non-Assignable Contract or contains any Change of Control Notice Clauses or Change of Control Consent Clauses, and no Target Business Entity has received any written or oral notice (i) of the intention of any party to terminate any Material Contract, or (ii) of any Proceeding under any Material Contract that has not been resolved in all material respects.

Related to Control Consent

  • Control Letter means a letter agreement between Agent and (i) the issuer of uncertificated securities with respect to uncertificated securities in the name of any Credit Party, (ii) a securities intermediary with respect to securities, whether certificated or uncertificated, securities entitlements and other financial assets held in a securities account in the name of any Credit Party, (iii) a futures commission merchant or clearing house, as applicable, with respect to commodity accounts and commodity contracts held by any Credit Party, whereby, among other things, the issuer, securities intermediary or futures commission merchant disclaims any security interest in the applicable financial assets, acknowledges the Lien of Agent, on behalf of itself and Lenders, on such financial assets, and agrees to follow the instructions or entitlement orders of Agent without further consent by the affected Credit Party.

  • Required Consent has the meaning set forth in Section 4.4.

  • Spousal Consent The undersigned spouse of the Seller hereby consents to the listing of the Property herein pursuant to the provisions of the Family Law Act, R.S.O. 1990 and hereby agrees that he/she will execute all necessary or incidental documents to further any transaction provided for herein.

  • Governmental Consent means any notice to, registration, declaration or filing with, exemption or review by, or authorization, order, consent or approval of, any Governmental Entity, or the expiration or termination of any statutory waiting periods;

  • Informed Customer Consent means, in the case where consent is required: (1) the Customer is provided with a clear statement of the data or information to be collected and allowable uses of that data or information by the party seeking consent; (2) the frequency of data or information release and the duration of time for which the consent is valid; and (3) process by which the Customer may revoke consent. In no case shall silence by the Customer ever be construed to mean express or implied consent to a request by the Company, or its Contractors. Customer consent shall be provided directly from the Customer and documented in writing, subject to forms and processes as defined by the Company.