Mandatory Consents definition

Mandatory Consents has the meaning given at Section 5.3.

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Mandatory Consents means in relation to a proposed Transfer of Shares (including pursuant to the Swap) or issuance of Offered Securities, any consent, approval or waiver that is required to be obtained by a relevant Person (and/or its Affiliates) (a) from any Government Authority, (b) pursuant to any License Condition or (c) pursuant to any applicable Law, prior to such Transfer or issuance (including, for the avoidance of doubt, any requisite approvals from MAS).

Mandatory Consents has the meaning specified in Section 6.11. "Mergers" means, collectively, the DBC of Nashville Merger and the DR Alabama Merger. "Nashville Stations" has the meaning specified in the recitals to this Agreement. "Notice of Disagreement" has the meaning specified in Section 10.2(b). "Obligations" means, without duplication, all (a) Indebtedness for Borrowed Money, (b) accrued taxes, accounts payable, accrued liabilities and all other liabilities and obligations of the type normally required by GAAP to be reflected on a balance sheet, (c) commitments by which Sellers assure a creditor against loss, including the face amount of all letters of credit and, without duplication, all drafts drawn thereunder, (d) obligations guaranteed in any manner by Sellers, (e) obligations under capitalized leases in respect of which obligations Sellers are liable, contingently or otherwise, as obligor, guarantor or otherwise, or in respect of which obligations such Person assures a creditor against loss, (f) obligations under acceptance facilities, (g) obligations secured by a Lien on property of Sellers,

Examples of Mandatory Consents in a sentence

If by the expiry of such extended period, all such Mandatory Consent(s) have not been obtained or received, such Transfer shall not be consummated.
The LLC Parties shall have exercised commercially reasonable efforts to obtain the LLC Parties Consents and shall have obtained the LLC Mandatory Consents.
The Sellers shall have obtained and shall have delivered to the Buyers all Mandatory Consents, without any condition adverse to the Buyers.
UbiquiTel shall have used commercially reasonable efforts to obtain the UbiquiTel Consents (as defined in Section 8.2(b) (CONSENTS OBTAINED) herein), and shall have obtained the UbiquiTel Mandatory Consents.
No Transferring Shareholder may Dispose of Securities nor may the Company issue any Securities to any person unless all Mandatory Consents for the Disposal or issue have been obtained by the New Holder.
The Sellers shall have received consent to the assignment of each of the Contracts listed on Schedule 11.5 (the "Mandatory Consents") or, as to any such Contract with respect to which consent has not been obtained, shall have notified the Buyer (a "Consent Indemnity Notice") that it will indemnify the Buyer and hold it harmless against any Buyer Loss (as defined in Section 15.1) as a result of the failure to obtain that consent.
The rate of such interest shall be 133% of the Prime interest rate, as announced by Bank of America with respect to its 90-day loans to its corporate borrowers, during the period such Sugar is left aboard the Vessel.
The Sellers shall have received the consents listed on Schedule 11.5 (the "Mandatory Consents").
All Mandatory Consents shall have been obtained (except as otherwise provided in Section 6.12).
The consents listed on SCHEDULE 5.3 are referred to herein sometimes as "Required Consents", and the consents designated with an asterisk on SCHEDULE 5.3 are referred to herein as the "Mandatory Consents".

More Definitions of Mandatory Consents

Mandatory Consents means those consents described in Schedule 14.

Mandatory Consents means any approval or the termination of any applicable waiting period pursuant to the legislation or regulations in any country or of any Governmental Authority without which a Transfer, grant, issue or sale of ROFO Sale Shares would be unlawful or otherwise prohibited;

Mandatory Consents means the Company Mandatory Consents and the Parent Mandatory Consents.

Mandatory Consents has the meaning set forth in Section 7.1.

Mandatory Consents other than the consent of the FCC, are set forth on Part II of Schedule 7.2.