Approval by Purchaser. The Purchaser, in its capacity as the sole stockholder of Merger Sub, shall vote the shares of Merger Sub to approve and adopt the Merger, this Agreement and the transactions contemplated hereby, and shall cause Merger Sub to take any and all actions as may be necessary or appropriate to consummate the Merger and the other transactions contemplated hereby in accordance with the terms hereof.
Approval by Purchaser. All of the opinions, letters, certificates, instruments and other documents mentioned in this Bond Purchase Agreement shall be deemed to be in compliance with the provisions of this Bond Purchase Agreement if, but only if, in the reasonable judgment of the Purchaser they are satisfactory in form and substance.
Approval by Purchaser. Purchaser shall have received the consent and approval of the board of directors of Purchaser to the terms and conditions of this Agreement and the Contemplated Transactions.
Approval by Purchaser. Purchaser has not previously terminated this Agreement pursuant to Section 8.1 hereof.
Approval by Purchaser. The acceptance of any settlement or award, compensation or proceeds by Seller in the event of any condemnation under SECTION 9.1 or any casualty under SECTION 9.2 shall be subject to the approval and consent of Purchaser.
Approval by Purchaser. Purchaser shall have a period of seven (7) business days after the later of (a) the date of this Agreement, or (b) the date that Purchaser receives the last of the reports, surveys, documents and other items set forth in Section 7.3 hereof (collectively, "Due Diligence Items") in which to review and approve, in Purchaser's sole and absolute discretion, the Due Diligence Items (the aforesaid period being the "Due Diligence Period").
8.1.1 In the event that Purchaser notifies Seller that any one or more of the Due Diligence Items is not acceptable, or in the event that Purchaser disapproves of the condition of the Property or any other matters relating to the Property which have been inspected by or revealed to Purchaser subsequent to the date of this Agreement, then Seller shall have a period of five (5) business days after each such notice in which Seller shall notify Purchaser in writing whether or not Seller intends to attempt to cure, satisfy or otherwise remedy to Purchaser's satisfaction ("Cure") such conditions or matters set forth in Purchaser's notice (such conditions or matters, collectively, "Purchaser's Objections"). If Seller elects to Cure Purchaser's Objections, then Seller shall have a period of thirty (30) days after Seller's receipt of the notice setting forth such Purchaser's Objections in which to Cure the same. If Seller has timely notified Purchaser that Seller does not intend to attempt to Cure the Purchaser's Objections, or if Seller elects to Cure the Purchaser's Objections and thereafter fails to Cure the same within the time period provided for herein, then, in either such event, Purchaser may, by written notice to Seller, elect to cancel this Agreement, in which event all parties shall be released and discharged of any further liability hereunder, except as set forth in Section 3.1.2 hereof.
8.1.2 If any matter shown in the Title Commitment and/or the Survey is not acceptable to Purchaser, then Purchaser (or Purchaser's attorneys) shall notify Seller of those matters that are not acceptable. Seller shall have a period of five (5) business days after receipt of Purchaser's notice in which Seller shall notify Purchaser in writing whether or not Seller intends to attempt to Cure such conditions or matters set forth in Purchaser's notice (such conditions or matters, collectively, "Title/Survey Objections"). If Seller elects to Cure the Title/Survey Objections, then Seller shall have a period of thirty (30) days after receipt of Purch...
Approval by Purchaser. Seller shall have delivered all items and documentation provided in this Agreement to be delivered to Purchaser or Escrow Agent.
Approval by Purchaser. This Agreement shall not be binding until it is approved by the City Council for the City of Manassas.
Approval by Purchaser. Seller shall not, without written approval of Purchaser, sell (a) any real estate, loans, securities, deposits, or a material amount of equipment or fixtures, or (b) any other assets outside the ordinary course of its business; provided, however, Seller may sell the assets related to the Maxton Office to Lumbee Guaranty Bank pursuant to the terms of a Letter of Intent dated February 28, 1995 between Seller and Lumbee Guaranty Bank as amended on July 13, 1995.
Approval by Purchaser. The Board of Directors of Purchaser shall have authorized and approved (a) the execution, delivery and performance by Purchaser of this Agreement and the Contemplated Transactions and (b) the Bison Project. Purchaser acknowledges that this condition has been satisfied.
