Approval Requirement Sample Clauses

Approval Requirement. In all circumstances of an unapproved transfer of a Mortgaged Property initiated by the Borrower, the Servicer is required to promptly notify, where applicable, the respective Primary Mortgage Insurer and/or the respective Pool Insurer, of such transfer and obtain written approval before initiating enforcement proceedings.
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Approval Requirement. Any of the following items shall require the prior approval of the Finance Committee (including at least two of the Investor Managers) in accordance with subsection (a) of this Section:
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Approval Requirement. Without exception, all proposed uses of the Event Logo must be submitted to CGI for review
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Approval Requirement. 173 The taking of Unplanned Leave is subject to the giving of notice to the relevant manager. 174 Employees must advise their manager as soon as possible of their need to be absent, the nature of the absence and the expected period of absence. Generally this should be before 10:00am on the actual or initial day of absence. Where the period of expected absence extends beyond that originally notified the employee must advise their manager as soon as possible. 175 For the purpose of Unplanned Leave only, the discussion with an employee’s manager (as required in clause 174) will be considered to have satisfied the requirement for prior notice of the absence. 176 The requirement for prior notification may be waived where the Secretary is satisfied that an employee was unable to notify an absence due to circumstances beyond his or her control. Annual Entitlement 177 Employees will have access to 20 days (or part-time equivalent) of paid Unplanned Leave per annum. 178 Employees in their first year of service can anticipate up to a maximum of 20 days (or part- time equivalent) Unplanned Leave. 179 Leave does not accrue during approved absences that do not count for service Use of leave 180 Unplanned Leave will be available for employees in relation to: • personal illness; • illness in the immediate family or of a household member or for other personal emergencies involving the immediate family; • for employees of Aboriginal or Xxxxxx Xxxxxx Islander descent or employees with family or household members of Aboriginal or Xxxxxx Xxxxxx Islander descent, up to two days per annum to participate in relevant NAIDOC week activities; and • other special circumstances, where the Secretary considers that approval of Unplanned Leave is justified. 181 The Secretary may approve the conversion of Unplanned Leave to half-pay for an employee for a specified absence, e.g. long-term illness. 182 An employee who is medically unfit for duty for one day or more while on Planned Leave or Long Service Leave and who produces satisfactory medical evidence as set out in clause 185, may apply for Unplanned Leave. Planned Leave will be re-credited to the extent of the period of approved Unplanned Leave. Long Service Leave will be re-credited in accordance with the Long Service Leave Act 1976. Absences of 3 days per occurrence or 5 days per year 183 The Secretary may approve Unplanned Leave, subject to available credits, without production of a medical certificate/statutory declaration, subjec...
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Approval Requirement. Without the approval of a Super-Majority Vote of the Members, the Company shall not (and no Member shall cause the Company to):
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Approval Requirement. In the event that prior approval for any action by the Company is required from a Purchasers' Representative hereunder, the Company shall request such approval in writing and the Purchasers' Representative shall have 10 days to grant or deny such approval in writing. In the event the Purchasers' Representative fails to either grant or deny such approval within such period, the approval shall be deemed to have been granted. In no event shall the Purchasers' Representative unreasonably withhold an approval.
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Related to Approval Requirement

  • Approval Required This Agreement may not be amended without written consent of all of the Partners.

  • General Requirement Any notice, election, demand, request, consent, approval, or other communication required or permitted to be given under this Contract shall be in writing signed by an officer or duly authorized representative of the party making same and shall be delivered personally or shall be sent by certified or statutory mail, postage prepaid, return receipt requested, shall be effective as of the date on which it is received or would have been received but for the refusal of the addressee to accept delivery, and shall be addressed as shown in the Contract. The persons and addresses to which notices should be given may be changed by notice given in accordance with this Article.

  • Capital Requirements If any Lender or the L/C Issuer determines that any Change in Law affecting such Lender or the L/C Issuer or any Lending Office of such Lender or such Lender’s or the L/C Issuer’s holding company, if any, regarding capital requirements has or would have the effect of reducing the rate of return on such Lender’s or the L/C Issuer’s capital or on the capital of such Lender’s or the L/C Issuer’s holding company, if any, as a consequence of this Agreement, the Commitments of such Lender or the Loans made by, or participations in Letters of Credit held by, such Lender, or the Letters of Credit issued by the L/C Issuer, to a level below that which such Lender or the L/C Issuer or such Lender’s or the L/C Issuer’s holding company could have achieved but for such Change in Law (taking into consideration such Lender’s or the L/C Issuer’s policies and the policies of such Lender’s or the L/C Issuer’s holding company with respect to capital adequacy), then from time to time the Borrower will pay to such Lender or the L/C Issuer, as the case may be, such additional amount or amounts as will compensate such Lender or the L/C Issuer or such Lender’s or the L/C Issuer’s holding company for any such reduction suffered.

  • Vote/Approval Required No vote or consent of the holders of any class or series of capital stock of Parent is necessary to approve this Agreement or the Merger or the transactions contemplated hereby. The vote or consent of Parent as the sole stockholder of Merger Sub (which shall have occurred prior to the Effective Time) is the only vote or consent of the holders of any class or series of capital stock of Merger Sub necessary to approve this Agreement or the Merger or the transactions contemplated hereby.

  • Procedural Requirements All holders of record of shares of Preferred Stock shall be sent written notice of the Mandatory Conversion Time and the place designated for mandatory conversion of all such shares of Preferred Stock pursuant to this Section 6. Such notice need not be sent in advance of the occurrence of the Mandatory Conversion Time. Upon receipt of such notice, each holder of shares of Preferred Stock shall surrender his, her or its certificate or certificates for all such shares (or, if such holder alleges that such certificate has been lost, stolen or destroyed, a lost certificate affidavit and agreement reasonably acceptable to the Corporation to indemnify the Corporation against any claim that may be made against the Corporation on account of the alleged loss, theft or destruction of such certificate) to the Corporation at the place designated in such notice. If so required by the Corporation, certificates surrendered for conversion shall be endorsed or accompanied by written instrument or instruments of transfer, in form satisfactory to the Corporation, duly executed by the registered holder or by his, her or its attorney duly authorized in writing. All rights with respect to the Preferred Stock converted pursuant to Section 6.1, including the rights, if any, to receive notices and vote (other than as a holder of Common Stock), will terminate at the Mandatory Conversion Time (notwithstanding the failure of the holder or holders thereof to surrender the certificates at or prior to such time), except only the rights of the holders thereof, upon surrender of their certificate or certificates (or lost certificate affidavit and agreement) therefor, to receive the items provided for in the next sentence of this Subsection 6.2. As soon as practicable after the Mandatory Conversion Time and the surrender of the certificate or certificates (or lost certificate affidavit and agreement) for Preferred Stock, the Corporation shall issue and deliver to such holder, or to his, her or its nominees, a certificate or certificates for the number of full shares of Common Stock issuable on such conversion in accordance with the provisions hereof, together with cash as provided in Subsection 5.2 in lieu of any fraction of a share of Common Stock otherwise issuable upon such conversion and the payment of any declared but unpaid dividends on the shares of Preferred Stock converted. Such converted Preferred Stock shall be retired and cancelled and may not be reissued as shares of such series, and the Corporation may thereafter take such appropriate action (without the need for stockholder action) as may be necessary to reduce the authorized number of shares of Preferred Stock accordingly.

  • Additional Requirements As a condition precedent to the execution and Delivery, the registration of issuance, transfer, split-up, combination or surrender, of any ADS, the delivery of any distribution thereon, or the withdrawal of any Deposited Property, the Depositary or the Custodian may require (i) payment from the depositor of Shares or presenter of ADSs or of an ADR of a sum sufficient to reimburse it for any tax or other governmental charge and any stock transfer or registration fee with respect thereto (including any such tax or charge and fee with respect to Shares being deposited or withdrawn) and payment of any applicable fees and charges of the Depositary as provided in Section 5.9 and Exhibit B, (ii) the production of proof reasonably satisfactory to it as to the identity and genuineness of any signature or any other matter contemplated by Section 3.1, and (iii) compliance with (A) any laws or governmental regulations relating to the execution and Delivery of ADRs or ADSs or to the withdrawal of Deposited Securities and (B) such reasonable regulations as the Depositary and the Company may establish consistent with the provisions of the representative ADR, if applicable, the Deposit Agreement and applicable law.

  • General Requirements The Contractor hereby agrees:

  • Functional Requirements Applications must implement controls that protect against known vulnerabilities and threats, including Open Web Application Security Project (OWASP) Top 10 Risks and denial of service (DDOS) attacks.

  • Financial Requirements A report of monthly and cumulative financial requirements; and

  • Governmental Requirements The Provider warrants and represents that it will comply with all governmental ordinances, laws and regulations.

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