Consent to Transactions. It consents to the effect of the consummation of the covenants contained in this Agreement and the Ancillary Agreements, including (i) the commutation of the Quota Share Treaty pursuant to the Quota Share Commutation Agreement, (ii) the commutation of the Financial Security Master Facultative Agreement, (iii) the commutation of any EIB Policy in accordance with Section 6.05(c) and (iv) as a consequence of the foregoing, the effective nullity of the Guarantee and the Financial Security Guarantee and, if any EIB Policy is commuted, the EIB Guarantee that guarantees XLCA’s obligation under such commuted EIB Policy, such that each has no further force or effect.
Consent to Transactions. Each of Ivex (on behalf of IPMC), DCBS, CB and Packaging Investors consents to the consummation of the Reorganization, the consummation of the Distribution pursuant to the terms and conditions set forth in the Distribution Agreement and the consummation of the other transactions contemplated hereby and thereby and, except with respect to the condition set forth in paragraph 6 of this Agreement, each such party agrees that no other consent or waiver of such party shall be required to consummate the Reorganization and the Distribution.
Consent to Transactions. Seller hereby irrevocably consents to the purchase by the Company of shares from Xxxx Xxxxxxx and Xxxxxxxx Xxxxxxxxx pursuant to the terms of the Stock Repurchase Agreements, and agrees that the transactions are fair and in the interest of the Company’s stockholders. Seller and the Company acknowledge that Xxxx Xxxxxxx, Xxxxxxxx Xxxxxxxxx (in his capacity as direct owner or indirectly as trustee, custodian or otherwise), Investment LLC, Xxxxxx X. Xxxxxx, Xxxx Xxxx, Xxxxxx Xxxxxxxxx, and Silicon Valley Bank (each a “Consenting Person”) have consented to the purchase by the Company of the Shares from Seller.
Consent to Transactions. Subject to the satisfaction of the conditions precedent set forth herein and in reliance on the representations, warranties and covenants of the Companies set forth herein and in the Note Purchase Agreement, the Purchaser hereby consents to (i) the New Revolver Financing, provided that such financing is consummated pursuant to the Senior Loan Documents and (ii) the Subordinated Financing, provided that such financing is consummated pursuant to the Subordinated Loan Documents (as defined in Section 4.3 below) and the liens securing the Subordinated Financing shall at all times be subject to the JL-BBNC Subordination Agreement (as defined in Section 4.3 below).
Consent to Transactions. Subject to satisfaction of all of the conditions contained herein, Lender consents to the Transactions. This consent is strictly limited to the Transactions described in this Agreement. This Agreement shall not constitute a waiver or modification of any requirement of obtaining Lender’s consent to any future transfer of the Property or any portion thereof or interest therein, any transfer of any direct or indirect interest in Buyer or future change in property management or in the property management agreement, in each case to the extent required by the Loan Agreement, nor shall it constitute a modification of the terms, provisions, or requirements in the Loan Documents in any respect except as expressly provided herein. Buyer specifically acknowledges that any subsequent transfer of the Property, any portion thereof or interest therein, or any direct or indirect interest in Buyer, change in property management or any property management agreement in violation of the Assumed Loan Documents (as expressly modified hereby) or the New Loan Documents shall be an Event of Default thereunder. Seller and Existing Principal hereby ratify the Loan Documents, as modified by this Agreement, and acknowledge and agree that, except as expressly modified in this Agreement, such Loan Documents remain unmodified and are in full force and effect. Buyer and Principal hereby ratify the Assumed Loan Documents, as modified by this Agreement, and acknowledge and agree that, except as expressly modified in this Agreement, such Assumed Loan Documents remain unmodified and are in full force and effect.
Consent to Transactions. Subject to satisfaction of all of the conditions contained herein, Noteholder consents to the Transactions. This consent is strictly limited to the Transactions as described in this Agreement. This Agreement shall not constitute a waiver or modification of any requirement of obtaining Noteholder’s consent to any future merger, transfer of interests, transfer of the Property or any portion thereof or interest therein, or mezzanine financing if required under the Loan Documents, nor shall it constitute a modification of the terms, provisions, or requirements in the Loan Documents in any respect except as expressly provided herein. Borrower specifically acknowledges that any future merger, transfer of interests, transfer of the Property or any portion thereof or interest therein, or mezzanine financing in violation of the Loan Documents (as modified by this Agreement) shall be a default thereunder. The Loan Documents are hereby ratified and, except as expressly modified in and by this Agreement, remain unmodified and are in full force and effect.
Consent to Transactions. Pursuant to Section 1.5 of the Patent License Agreement and Section 1.5 of the Trademark License Agreement, as applicable, LifeNexus hereby consents to:
Consent to Transactions a. Holder acknowledges that the Company intends to cancel its license with Lifeguard Licensing Corp. and settle all claims related thereto, and Holder hereby approves the foregoing.
Consent to Transactions. (a) Holder hereby consents to the Restructuring and the assignment of all outstanding equity interests in JRD to Company; and
Consent to Transactions. Subject to the terms and conditions contained herein, Agent and Lenders hereby consent to the following (collectively, the “Transactions” and individually a “Transaction”):
