Exit Consents definition

Exit Consents means all licenses, consents, authorizations and approvals that are necessary to allow Vendor and Vendor Contractors to perform under Section 4.7.
Exit Consents means all licenses, consents, authorizations and approvals that are necessary to allow Contractor, Contractor Agents and their respective subcontractors perform under Section 15.1 and 15.2.
Exit Consents. Exit consents to (i) eliminate certain restrictive provisions set forth in Articles 5, 6 and 11 of the Indenture in order to permit the Transactions to proceed, including: - Limitation on Restricted Payments; - Limitation on Transactions with Affiliates; - Limitation on Indebtedness; - Limitation on Dividend and Other Payment Restrictions Affected Restricted Subsidiaries; - Restriction on Liens; - Limitation on Asset Dispositions; - Limitation on Sale or Issuance of Certain Stock; - Limitation on Issuance of Subordinated Indebtedness; and (ii) waive certain restrictive provisions set forth in Articles 5, 6 and 11 of the Indenture in order to permit the Transactions to proceed, including: - Change of Control; - When Company May Merge, Etc.; - Events of Default (paragraph (5) (cross-acceleration) only). Co-Dealer Managers: Xxxxxxx Xxxxx & Co. Credit Suisse First Boston Corporation ANNEX C to Agreement and Plan of Merger Amendment to Company Certificate of Incorporation

Examples of Exit Consents in a sentence

  • Mitu Gulati, Exit Consents in Sovereign Bond Exchanges, 48 UCLA L.

  • Exit Consents solve this problem by utilizing the “consent” of the Good Guys prior to their “exit” from the old bonds (hence, the term Exit Consent).

  • Exit Consents therefore provide a mechanism to ensure collective action on the part of dispersed bondholders.

  • Chamberlain, At the Frontier of Exit Consents, Remarks at the Bear Stearns & EMCA Sovereign Creditors Rights Conference (Nov.

  • For more on the negative and skeptical reactions to Ecuador’s use of Exit Consents, see Moody’s Investor Service, What Happens if a Sovereign Defaults (2000); Troubled Sovereigns Won't Benefit from Restructuring with Exit Consents, MOODY'S REP., Mar.

  • Through Exit Consents, the Good Guys exchange their old bonds for the new restructured bonds and also consent to changes in the terms of old bonds not covered under the UAC provision.

  • Alternatively, Exit Consents may be used to rescind the issuer’s waiver of sovereign immunity or its consent to jurisdiction in New York, both of which would complicate the ability of holdouts to bring suit to enforce their rights under the old bond covenant (again reducing the value of the bonds to holdouts).

  • If there be no Bishop, the Bishop Coadjutor, if there be one, shall be the Ecclesiastical Authority of the Diocese.

  • The modification terms-related to the Exit Consents provide sovereigns an expanded set of dimensions along which the sovereigns could vary terms (across well-known alternatives).

  • Chamberlin, Remarks Prepared for the Bear Stearns & EMCA Sovereign Creditors Rights Conference: At the Frontier of Exit Consents (Nov.


More Definitions of Exit Consents

Exit Consents means all licenses, consents, authorizations, and approvals that are necessary to allow Vendor and Vendor Agents to assign any contracts for maintenance or support services provided by third parties to the Vendor and used by the Vendor to provide the Services.
Exit Consents means all licenses, consents, authorizations and approvals that are necessary to allow Vendor and Vendor Agents to (i) assign to the Successor leases for the Vendor Machines as set forth in Exhibit L used to provide the Services as of the date of termination or expiration of this Agreement or during the Disentanglement Period; (ii) assign any contracts for maintenance or support services provided by third parties to the Vendor and used by the Vendor to provide the Services, as set forth in Exhibit L; and (iii) sell to Successor, at the fees specified in Exhibit L, the Vendor Machines as set forth in Exhibit L that are owned by the Vendor and used to provide the Services as of the date of termination or expiration of this Agreement or during the Disentanglement Period.
Exit Consents. Noteholders exchanging the Notes shall be deemed to have agreed to certain to-be-determined modifications and amendments to the Notes and the indenture governing the Notes. Management Incentive Plan A management incentive plan will be implemented by the Company to provide equity incentives to its management. Any equity issued under the Management Incentive Plan will dilute all holders of Common Stock, including the Noteholders and the Existing Equity Holders, on a pro rata basis. Conditions: Closing of the transaction shall be conditioned upon, among other things, (i) confirmation that the proposed Transaction does not create any materially adverse tax consequences for the Company, and (ii) there not having occurred an event or condition, except for the filing of a bankruptcy case, that has had or reasonably could have a material adverse effect on the business, assets or financial performance of the Company.
Exit Consents. Noteholders exchanging the Notes shall be deemed to have agreed to certain to-be-determined modifications and amendments to the Notes and the indenture governing the Notes.
Exit Consents. The receipt of the minimum number of exit consents required (i) to eliminate certain restrictive covenants set forth in Articles 2, 3 and 5 of the Indenture, including:

Related to Exit Consents

  • Customary Post-Closing Consents means the consents and approvals from Governmental Authorities for the assignment of the Assets to Buyer that are customarily obtained after the assignment of properties similar to the Assets.

  • Required Consents shall have the meaning set forth in Section 4.5.

  • Governmental Consents has the meaning set forth in Section 3.5.

  • CPUC Approval means a final and non-appealable order of the CPUC, without conditions or modifications unacceptable to the Parties, or either of them, which contains the following terms:

  • Necessary Consents means planning permission and all other consents, licences, permissions and approvals whether of a public or private nature which shall be relevant in the context;

  • Third Party Consents shall have the meaning set forth in Section 8.3.

  • Government Approvals means all permits, licenses, authorisations, consents, clearances, decrees, waivers, privileges, approvals from and filing with government instrumentalities necessary for the development, construction and operation of the Work.

  • Seller Consents has the meaning set forth in Section 3.03.

  • CFIUS Approval means that any of the following shall have occurred: (a) the review period under the DPA commencing on the date that a CFIUS Notice is accepted by CFIUS shall have expired and Xxx, on the one hand, and Polaris, on the other hand, shall have received written notice from CFIUS to the effect that such review has been concluded and that either the Contemplated Transactions do not constitute a “covered transaction” under the DPA or there are no unresolved national security concerns, and all action under the DPA is concluded with respect to the Contemplated Transactions, (b) an investigation under the DPA shall have been commenced after such review period and CFIUS shall have determined to conclude all action under the DPA without sending a report to the President of the United States, and Xxx, on the one hand, and Polaris, on the other hand, shall have received written notice from CFIUS that either the Contemplated Transactions do not constitute a “covered transaction” under the DPA or there are no unresolved national security concerns, and all action under the DPA is concluded with respect to the Contemplated Transactions, or (c) CFIUS shall have sent a report to the President of the United States requesting the President’s decision and either (i) the President shall have announced a decision not to take any action to suspend or prohibit the Contemplated Transactions or, (ii) the period under the DPA during which the President may announce his decision to take action to suspend, prohibit or place any limitations on the Contemplated Transactions shall have expired without any such action being threatened, announced or taken.

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

  • 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;

  • FCC Approval means the FCC’s grant of the FCC Applications; provided that the possibility that an appeal, request for stay, or petition for rehearing or review by a court or administrative agency may be filed with respect to such grant, or that the FCC may reconsider or review such grant on its own authority, shall not prevent such grant from constituting FCC Approval for purposes of the Plan.

  • Special Approval means approval by a majority of the members of the Conflicts Committee.

  • FCC Consent means action by the FCC granting its consent to the assignment of the FCC Licenses to Buyer as contemplated by this Agreement.

  • Material Consents as defined in Section 7.3.

  • Project Approvals means all approvals, consents, waivers, orders, agreements, authorizations, permits and licenses required under Applicable Laws or under the terms of any restriction, covenant, easement or agreement affecting all or any applicable Phase of the Project, or otherwise necessary or desirable for the ownership, acquisition, construction, development, equipping, use or operation of the Project.

  • Governmental Approvals means all authorizations, consents, approvals, licenses and exemptions of, registrations and filings with, and reports to, all Governmental Authorities.

  • Company Approvals has the meaning set forth in Section 3.5(b).

  • Required Governmental Approvals has the meaning set forth in Section 3.03.

  • Company IP Agreements means all licenses, sublicenses, consent to use agreements, settlements, coexistence agreements, covenants not to xxx, permissions and other Contracts (including any right to receive or obligation to pay royalties or any other consideration), whether written or oral, relating to Intellectual Property to which the Company is a party, beneficiary or otherwise bound.

  • Consents, Clearances and Permits means all authorizations, licenses, approvals, registrations, permits, waivers, privileges, acknowledgements, agreements, or concessions required to be obtained from or provided by any concerned authority for the purpose of setting up of the generation facilities and/ or supply of power;

  • IRB approval means the determination of the IRB that the research has been reviewed and may be conducted at an institution within the constraints set forth by the IRB and by other institutional and federal requirements.

  • Requisite Consents means all approvals, permissions and consents (whether statutory or otherwise) required from time to time from parties other than the Consultees in respect of the works or activities covered by a Proposal;

  • MAA Approval means approval by the EMEA of a marketing authorization application (“MAA”) filed with the EMEA for the applicable Licensed Product under the centralized European procedure. If the centralized EMEA filing procedure is not used, MAA Approval shall be achieved upon the first Approval for the applicable Licensed Product in any two of the following countries: France, Germany, Italy, Spain or the United Kingdom.

  • Governmental Filings means all filings, including franchise and similar tax filings, and the payment of all fees, assessments, interests and penalties associated with such filings with all Governmental Authorities.

  • Competition Act Approval means, in respect of the Arrangement, the occurrence of one of the following: