Approval of Additional Contracts Sample Clauses

Approval of Additional Contracts. Without the prior written consent of the Majority Lenders, the Company shall not, and shall not permit any of its Subsidiaries to, enter into any Additional Contract, other than (a) contracts entered into by the Company in the ordinary course of business of performing Project Activities to the extent that (i) they are entered into on commercially reasonable terms, (ii) amounts payable thereunder are provided for in the then current Project Budget or Operating Budget, from Capacity Commitments made by customers seeking interim capacity prior to completion of the Project, provided, however, that any acquisition of such interim capacity shall be funded directly with proceeds received under related Capacity Sales Agreements or from Permitted Sources, and (iii) the execution, delivery and performance thereof could not reasonably be expected to have a Material Adverse Effect, (b) contracts entered into by the Company in order to effectuate the provisions of Section 6.15, PROVIDED such contracts are consistent with the terms of Section 6.15 and (c) any replacement Facilities Management Agreements entered into with the consent of the Administrative Agent in accordance with Section 6.11(a). At the time any Additional Contract is entered into the Company will deliver a copy thereof to the Administrative Agent. If the prior written consent of the Majority Lenders is required for any Additional Contract, upon such consent and at the request of the Administrative Agent, the Company shall use its best efforts to obtain and deliver to the Administrative Agent a consent to assignment with respect to such Additional Contract, in form and substance reasonably satisfactory to the Administrative Agent. 116
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Approval of Additional Contracts. Without the prior written -------------------------------- consent of the Majority Lenders (such consent not to be unreasonably withheld), the Borrower shall not, and shall not permit any Subsidiary to, enter into any Additional Contract, other than (a) Capacity Sales Agreements or other agreements or arrangements for the disposition of Capacity permitted by the terms of Section 6.23, (b) contracts for the acquisition of Backhaul Capacity ------------ (including options therefor) permitted by the terms of Section 6.23 or 6.29, (c) ------------ ---- other contracts (including, without limitation, agreements providing for the connection of the System to other fiber optic networks, pipeline and cable crossing agreements, co-location agreements, joint sales and marketing agreements and restoration agreements) in the ordinary course of business to the extent amounts payable thereunder, if any, are provided for in the Capital Budget or the Operating Budget or from Permitted Sources, unless any such contract must be approved by the Administrative Agent, the Lead Agents or any other Person or group of Persons pursuant to the terms of this Agreement and (d) with the prior written consent of the Lead Agents, if such Additional Contract relates to the System and is being entered into as a quid pro quo for ------------ the purchase of Capacity by the counterparty thereto. The Borrower shall be permitted to replace System Contracts as set forth in Section 6.07 and Article ------------ ------- VII. At the time any such Additional Contract (other than a Capacity Sales --- Agreement) is entered into, the Borrower and the Administrative Agent (upon consultation with the Independent Engineer, if necessary) shall designate such Additional Contract as either an "Additional Material Contract" or an "Additional Non-Material Contract," provided that each of the O&M Agreement, the -------- System Management Agreement, and any contract in respect of the leasing of real property on which a landing station that comprises part of the System will be located shall be designated as an "Additional Material Contract."
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Approval of Additional Contracts. 94 SECTION 6.13.
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Approval of Additional Contracts. Without the consent of the Lender, enter into any Additional Contract.
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Approval of Additional Contracts. Without the consent of the Required Lenders, enter into any Additional Contract requiring payments by the Partnership or North Country Amendment and Restatement of Loan Agreement in excess of $1,500,000 during the term of such Additional Contract or if the payments under such Additional Contract during the twelve month period commencing with the effectiveness of such Additional contract, when aggregated with the payments by the Partnership or North Country under all other Additional Contracts then in effect during such twelve month period would exceed $250,000, unless such Additional contract is contemplated by the Partnership Operating Budget or North Country Operating Budget most recently approved by the Required Lenders pursuant to Section 7.10.
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Related to Approval of Additional Contracts

  • APPROVAL OF PLANS AND SPECIFICATIONS The Plans and Specifications will conform to the requirements and conditions set out by applicable law or any effective restrictive covenant, and to all governmental authorities which exercise jurisdiction over the Leased Premises or the construction thereon.

  • Underwriter’s Review of Proposed Amendments and Supplements During the period beginning at the Applicable Time and ending on the later of the Closing Date or such date as, in the opinion of counsel for the Underwriters, the Prospectus is no longer required by law to be delivered in connection with sales by the Underwriters or selected dealers, including under circumstances where such requirement may be satisfied pursuant to Rule 172 under the Securities Act (the “Prospectus Delivery Period”), prior to amending or supplementing the Registration Statement or the Prospectus, including any amendment or supplement through incorporation by reference of any report filed under the Exchange Act, the Company shall furnish to the Underwriters for review a copy of each such proposed amendment or supplement, and the Company shall not file any such proposed amendment or supplement to which the Underwriters reasonably objects.

  • Approval of Agreements Not to enter into, modify, amend or terminate any Lease or any other material agreement with respect to the Property, which would encumber or be binding upon the Property from and after the Closing Date, without in each instance obtaining the prior written consent of the Purchaser.

  • Agent’s Review of Proposed Amendments and Supplements Prior to amending or supplementing the Registration Statement (including any registration statement filed under Rule 462(b) under the Securities Act) or the Prospectus (excluding any amendment or supplement through incorporation of any report filed under the Exchange Act), the Company shall furnish to the Agent for review, a reasonable amount of time prior to the proposed time of filing or use thereof, a copy of each such proposed amendment or supplement, and the Company shall not file or use any such proposed amendment or supplement without the Agent’s prior consent, and to file with the Commission within the applicable period specified in Rule 424(b) under the Securities Act any prospectus required to be filed pursuant to such Rule.

  • Modifications to Material Contracts The Parent and the Borrower shall not, and shall not permit any Subsidiary to, enter into any amendment or modification to any Material Contract which could reasonably be expected to have a Material Adverse Effect.

  • Amendment, Etc. of Material Contracts Cancel or terminate any Material Contract or consent to or accept any cancellation or termination thereof, amend or otherwise modify any Material Contract or give any consent, waiver or approval thereunder, waive any default under or breach of any Material Contract, agree in any manner to any other amendment, modification or change of any term or condition of any Material Contract or take any other action in connection with any Material Contract that would impair in any material respect the value of the interest or rights of any Loan Party thereunder or that would impair or otherwise adversely affect in any material respect the interest or rights, if any, of any Agent or any Lender Party, or permit any of its Subsidiaries to do any of the foregoing, in each case in a manner that could reasonably be expected to have a Material Adverse Effect, in each case taking into account the effect of any agreements that supplement or serve to substitute for, in whole or in part, such Material Contract.

  • Approval of Agreement The Board of Directors of the Company has authorized the execution and delivery of this Agreement by the Company and has approved this Agreement and the transactions contemplated hereby.

  • Representatives’ Review of Proposed Amendments and Supplements During the period when a prospectus relating to the Offered Shares is required by the Securities Act to be delivered (whether physically or through compliance with Rule 172 under the Securities Act or any similar rule), the Company (i) will furnish to the Representatives for review, a reasonable period of time prior to the proposed time of filing of any proposed amendment or supplement to the Registration Statement, a copy of each such amendment or supplement and (ii) will not amend or supplement the Registration Statement (including any amendment or supplement through incorporation of any report filed under the Exchange Act) without the Representatives’ prior written consent, which consent shall not be unreasonably withheld, conditioned or delayed. Prior to amending or supplementing any preliminary prospectus, the Time of Sale Prospectus or the Prospectus (including any amendment or supplement through incorporation of any report filed under the Exchange Act), the Company shall furnish to the Representatives for review, a reasonable amount of time prior to the time of filing or use of the proposed amendment or supplement, a copy of each such proposed amendment or supplement. The Company shall not file or use any such proposed amendment or supplement without the Representatives’ prior written consent, which consent shall not be unreasonably withheld, conditioned or delayed. The Company shall file with the Commission within the applicable period specified in Rule 424(b) under the Securities Act any prospectus required to be filed pursuant to such Rule.

  • Optional Modifications Lessee at any time may or may permit a Sublessee to, in its discretion and at its own or such Sublessee's cost and expense, modify, alter or improve any Unit in a manner which is not required by Section 9.1 (a "Modification"); provided that no Modification (i) shall diminish the fair market value, residual value, utility or remaining economic useful life of such Unit below the fair market value, residual value, utility or remaining economic useful life thereof immediately prior to such Modification, in more than a de minimis respect, assuming such Unit was then at least in the condition required to be maintained by the terms of this Lease or (ii) cause such Unit to become "limited use property" within the meaning of Revenue Procedure 2001-28 or Revenue Procedure 2001-29. Title to any Non-Severable Modification shall be immediately vested in Lessor. Title to any Severable Modification (other than Required Modifications) shall remain with Lessee or the Sublessee as applicable. If Lessee shall at its cost cause such Severable Modifications (other than Required Modifications) to be made to any Unit, Lessor shall have the right, upon 90 days prior written notice in the case of the return of such Unit pursuant to Section 6.1, to purchase any such Severable Modifications (other than Severable Modifications consisting of proprietary or communications equipment) title to which is held by Lessee at their then Fair Market Sales Value (taking into account their actual condition). If Lessor does not so elect to purchase such Severable Modifications, Lessee may remove such Severable Modifications at Lessee's cost and expense, and if requested (which request shall be made by not less than 90 days prior written notice in the case of a return other than pursuant to Section 15.6) by Lessor will so remove such Severable Modifications at Lessee's cost and expense, and Lessee shall, at its expense, repair any damage resulting from the removal of any such Severable Modifications in a manner consistent with Section 8.1; provided that such removal shall not (i) diminish the fair market value, residual value, utility or remaining economic useful life of the Unit to which such Severable Modifications relate below the fair market value, residual value, utility or remaining economic useful life thereof immediately prior to the addition of such Severable Modifications, in more than a de minimis respect, assuming such Unit was then at least in the condition required to be maintained by the terms of this Lease or (ii) cause such Unit to become "limited use property" within the meaning of Revenue Procedure 2001-28 or Revenue Procedure 2001-29. If Lessee has not removed any Severable Modification prior to the return of the related Unit as provided herein, title to such Severable Modification shall pass to Lessor as of the date of such return.

  • Approval of Leases, Contracts, Etc In fulfilling its duties to Owner, Manager may and hereby is authorized to enter into any leases, contracts or agreements on behalf of Owner in the ordinary course of the management, operation, maintenance and leasing of the Property.

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