Approval Contingencies Sample Clauses

Approval Contingencies. HUD must approve an eighth amendment to the Action Plan (“APA 8”), as drafted and posted for public comment by the GLO, for this Contract to be effective and enforceable. This Contract is expressly conditioned upon the occurrence of all of the following actions (collectively “Approval Contingencies”):
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Approval Contingencies. This License shall be explicitly made contingent upon both parties receiving any and all approvals necessary from the Town and its planning and zoning boards, if any, to carry out the intent of this Agreement.
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Approval Contingencies. 4.1 Purchaser’s obligation to close under this Agreement is contingent upon (a) Purchaser’s acceptance of the Property for Purchaser’s intended use; including but not limited to structural condition, architectural compatibility and zoning, (b) Purchaser obtaining a commitment for financing the purchase of the Property under such terms as Purchaser deems satisfactory, and (c) Purchaser obtaining an appraisal of the Property showing the fair market value of the Property being equal to or greater than the Purchase Price. Purchaser shall have until 5:00 p.m. on the 60th day following the date on which both Seller and Purchaser have executed this Agreement (the “Contingency Date”) to satisfy or waive the contingencies set forth under this Section 4.1 and to give Seller notice that such contingencies have been satisfied or waived. If Purchaser does not give Seller such notice on or before the Contingency Date, then this Agreement shall automatically terminate and both parties shall be relieved of and released from any and all further liability hereunder. Any tests, studies, applications or steps undertaken by Purchaser under this Section shall be at Purchaser’s sole cost and expense.
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Approval Contingencies. This License shall be explicitly made contingent upon both parties receiving any and all approvals necessary from the Town of Marbletown and its planning and zoning boards, if any, to carry out the intent of this Agreement.
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Related to Approval Contingencies

  • Conditions Precedent at Closing Date The obligation of the Lenders to make Loans, and of any LC Issuer to issue Letters of Credit, is subject to the satisfaction of each of the following conditions on or prior to the Closing Date:

  • CONDITIONS PRECEDENT TO THE MERGER The obligations of the parties to effect the Merger are subject to the satisfaction, at or prior to the Closing, of each of the following conditions:

  • Conditions Precedent to the Closing Date The obligation of the Lenders to execute this Agreement and make any requested Loans on the Closing Date is subject to the prior satisfaction of each of the following conditions (unless waived in writing by Administrative Agent with the consent of the Lenders):

  • Approval and Completion If any dispute regarding the design of the Tenant Improvements is not settled within 10 business days after notice of such dispute is delivered by one party to the other, Tenant may make the final decision regarding the design of the Tenant Improvements, provided (i) Tenant acts reasonably and such final decision is either consistent with or a compromise between Landlord’s and Tenant’s positions with respect to such dispute, (ii) that all costs and expenses resulting from any such decision by Tenant shall be payable out of the TI Fund (as defined in Section 5(d) below), and (iii) Tenant’s decision will not affect the base Building, structural components of the Building or any Building systems (in which case Landlord shall make the final decision). Any changes to the TI Construction Drawings following Landlord’s and Tenant’s approval of same requested by Tenant shall be processed as provided in Section 4 hereof.

  • Review and Approval Documents specified above must be submitted for review and approval by CITY Purchasing and Contracts prior to the commencement of work by CONTRACTOR. Neither approval by CITY nor failure to disapprove the insurance furnished by CONTRACTOR shall relieve CONTRACTOR of CONTRACTOR’S full responsibility to provide the insurance required by this Contract. Compliance with the insurance requirements of this Contract shall not limit the liability of CONTRACTOR or its sub-contractors, employees or agents to CITY or others, and shall be in addition to and not in lieu of any other remedy available to CITY under this Contract or otherwise. CITY reserves the right to request and review a copy of any required insurance policy or endorsement to assure compliance with these requirements.

  • Board Approval; Vote Required The Company Board, by resolutions duly adopted by unanimous vote of those voting at a meeting duly called and held and not subsequently rescinded or modified in any way, or by unanimous written consent, has duly (a) determined that this Agreement and the Merger are fair to and in the best interests of the Company and its stockholders, (b) approved this Agreement and the Merger and declared their advisability, and (c) recommended that the stockholders of the Company approve and adopt this Agreement and approve the Merger and directed that this Agreement and the Transactions (including the Merger) be submitted for consideration by the Company’s stockholders. The Requisite Approval (the “Company Stockholder Approval”) is the only vote of the holders of any class or series of capital stock of the Company necessary to adopt this Agreement and approve the Transactions. The Written Consent, if executed and delivered, would qualify as the Company Stockholder Approval and no additional approval or vote from any holders of any class or series of capital stock of the Company would then be necessary to adopt this Agreement and approve the Transactions.

  • Other Conditions Precedent Each of the conditions set forth in Sections 4.1.4, 4.1.5, 4.1.6 and 4.1.10 shall have been satisfied unless the failure of any such condition to be satisfied is the result of any action or inaction by Mortgagee.

  • Conditions Precedent to the Initial Advance The obligations of the Banks hereunder and the obligation of each Bank to make the Initial Advance are subject to the condition precedent that Administrative Agent shall have received and approved on or before the Closing Date (other than with respect to paragraph (10) below which shall be required prior to the Initial Advance) each of the following documents, and each of the following requirements shall have been fulfilled:

  • Post-Closing Conditions On or before each of the dates specified in this Section 4.3, Borrower shall satisfy each of the items specified in the subsections below:

  • Conditions to Closing Date This Agreement shall become effective upon, and the obligation of each Lender to make the initial Extensions of Credit on the Closing Date is subject to, the satisfaction of the following conditions precedent:

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