Approval of Formal Agreements Sample Clauses

Approval of Formal Agreements. Notwithstanding any other provision of this Agreement, every Limited Partner, upon execution of this Agreement by such Limited Partner, shall automatically be deemed to have approved the following resolution: 11.19.1 Ontario First Nations (2008) Limited Partnership (“the Partnership”) enter into, execute and deliver the Closing Agreement (“Closing Agreement”) to be dated the Closing Date (as defined in the Closing Agreement) between Her Majesty the Queen in Right of Ontario (the Province”), Ontario Lottery and Gaming Corporation (“OLG”), Ontario First Nations Limited Partnership (“OFNLP”), the Partnership and Indian Associations Co-Ordinating Committee of Ontario Inc. (“Chiefs of Ontario”), which approval shall be conclusively evidenced by the execution of the Closing Agreement, which shall also provide conclusive evidence that the executed agreement is the Closing Agreement authorized by this resolution (together, the Closing Agreement and the Gaming Revenue Sharing and Financial Agreement (as each of such terms is defined below) are referred to as the “Formal Agreements”); 11.19.2 the Partnership enter into, execute and deliver the Gaming Revenue Sharing and Financial Agreement (the “Gaming Revenue Sharing and Financial Agreement”) to be dated the Closing Date between the Province, OLG, OFNLP and the Partnership, which approval shall be conclusively evidenced by the execution of the Gaming Revenue Sharing and Financial Agreement, which shall also provide conclusive evidence that the executed agreement is the Gaming Revenue Sharing and Financial Agreement authorized by this resolution; and 11.19.3 any officer or director of OFN 2008 General Partner is authorized and directed to execute and deliver for and in the name and on behalf of OFN 2008 General Partner, in its capacity as general partner of the Partnership, under its corporate seal or otherwise, all certificates, instruments, agreements, conveyances, transfers, notices, affidavits and other documents, and to do all other acts and things, as in the opinion of that officer or director are necessary or desirable in connection with the foregoing resolutions, the Formal Agreements and the performance by the Partnership of its obligations under the Formal Agreements.
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Related to Approval of Formal Agreements

  • 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.

  • Formal Agreement If the above Agreement and relating exhibits thereto are acceptable, would you please execute the acceptance and acknowledgment hereinafter provided, upon which this letter will become a binding agreement between us.

  • Approval of Plan Approval of the Plan by the Commissioner of Internal Revenue as referred to in 17.1 means a continuing approval sufficient to establish that the Plan and related trust(s) are at all times qualified and exempt from income tax under Section 401(a) and other applicable provisions of the Internal Revenue Code of 1986, and that contributions made by the Company under the Plan are deductible for income tax purposes in accordance with law. The cognizant governmental authorities referred to in 17.1 include, without limitation, the Department of Labor, the Pension Benefit Guaranty Corporation and the Securities and Exchange Commission, and their approval means their confirmation with respect to any matter within their regulatory authority that the Plan does not conflict with applicable law.

  • Approval of Plans Landlord will not check Tenant drawings for building code compliance. Approval of the Final Plans by Landlord is not a representation that the drawings are in compliance with the requirements of governing authorities, and it shall be Tenant’s responsibility to meet and comply with all federal, state, and local code requirements. Approval of the Final Plans does not constitute assumption of responsibility by Landlord or its architect for their accuracy, sufficiency or efficiency, and Tenant shall be solely responsible for such matters.

  • Renewal of Agreements The Agreement with TIPS is for three (3) years with an option for renewal for an additional one

  • Approval of Documents The form and substance of all certificates, instruments and other documents required to be delivered to the Seller under this Agreement shall be reasonably satisfactory in all respects to the Seller and its counsel.

  • Term and Renewal of Agreements The Agreement with TIPS is for three (3) years with an option for renewal for an additional one (1) consecutive year if both parties agree. TIPS may or may not exercise the one-year extension beyond the base three-year term and whether or not to offer the extension is at the sole discretion of TIPS. The scheduled Agreement termination date shall be the last date of the month of the last month of the agreement’s legal effect. Example: If the agreement is scheduled to end on May 23, the anniversary date of the award, it would actually be extended to May 31 in the last month of the last year the contract is active. No Agreement for goods or services with a TIPS Member by the awarded vendor named in this Agreement that results from the solicitation award named in this Agreement, may incorporate an automatic renewal clause that exceeds month to month terms with which the TIPS Member must comply. All renewal terms incorporated in an Agreement by the vendor with the TIPS Member shall only be valid and enforceable when the vendor receives written confirmation by purchase order, executed Agreement or other written instruction issued by the TIPS Member for any renewal period. The purpose of this clause is to avoid a TIPS Member inadvertently renewing an Agreement during a period in which the governing body of the TIPS Member has not properly appropriated and budgeted the funds to satisfy the Agreement renewal. This term is not negotiable and any Agreement between a TIPS Member and a TIPS awarded vendor with an automatic renewal clause that conflicts with these terms is rendered void and unenforceable.

  • AGREEMENT AND PLAN OF MERGER ANNEX A-9

  • MEMORANDUM OF AGREEMENT Re: Article 15,

  • Renewal of Agreement This agreement does not automatically renew, and residence in UCF DHRL residence facilities during one agreement period does not guarantee that residence accommodations will be offered to the Student for any following periods. The Student is solely responsible for the timely completion of housing agreements for future periods. UCF DHRL housing agreements shall not be re-offered to residents who are unwilling to adhere to the basic elements of good housekeeping, and community living. UCF DHRL housing agreements shall not be re-offered to residents who disregard or violate rules, regulations, or policies established for governing UCF DHRL residential facilities. Finally, housing agreements shall not be re-offered to residents who have outstanding charges from UCF DHRL.

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