Approval of Lenders Sample Clauses
Approval of Lenders. (a) All communications from Administrative Agent to Lenders requesting Lenders’ determination, consent, approval, or disapproval (i) shall be given in the form of a written notice to each Lender, (ii) shall be accompanied by a description of the matter or thing as to which such determination, approval, consent, or disapproval is requested, or shall advise each Lender where such matter or thing may be inspected, or shall otherwise describe the matter or issue to be resolved, (iii) shall include, if reasonably requested by a Lender and to the extent not previously provided to such Lender, written materials and a summary of all oral information provided to Administrative Agent by Borrower in respect of the matter or issue to be resolved, and (iv) shall include Administrative Agent’s recommended course of action or determination in respect thereof. Each Lender shall reply promptly, but in any event within fifteen (15) Business Days (or such lesser period as may be required under the Loan Documents for Administrative Agent to respond) after receipt of the request therefor by Administrative Agent (in either event, the “Lender Reply Period”).
(b) Unless a Lender shall give written notice to Administrative Agent that it objects to the recommendation or determination of Administrative Agent (together with a written explanation of the reasons behind such objection) contained in a request described in clause (a) above that is marked “REQUEST FOR APPROVAL” within the Lender Reply Period, such Lender shall be deemed to have approved of or consented to such recommendation or determination.
Approval of Lenders. All communications from the Administrative Agent to any Lender requesting such Lender’s determination, consent, approval or disapproval (a) shall be given in the form of a written notice to such Lender, (b) shall be accompanied by a description of the matter or issue as to which such determination, approval, consent or disapproval is requested, or shall advise such Lender where information, if any, regarding such matter or issue may be inspected, or shall otherwise describe the matter or issue to be resolved, (c) shall include, if reasonably requested by such Lender and to the extent not previously provided to such Lender, written materials and a summary of all oral information provided to the Administrative Agent by the Borrower in respect of the matter or issue to be resolved, and (d) shall include the Administrative Agent’s recommended course of action or determination in respect thereof. Unless a Lender shall give written notice to Administrative Agent that it specifically objects to the recommendation or determination of Administrative Agent (together with a reasonable written explanation of the reasons behind such objection) within ten (10) Business Days (or such lesser or greater period as may be specifically required under the express terms of the Loan Documents) of receipt of such communication, such Lender shall be deemed to have conclusively approved of or consented to such recommendation or determination; provided, however, that such deemed consent shall not apply to the matters set forth in Section 18.18(b).
Approval of Lenders. Buyer shall have obtained all necessary approvals of the Transactions from its lenders.
Approval of Lenders. Each Lender shall have approved in writing the sale of the applicable Property, except the Heron's Run Property (which is not financed) and Sakonnet Bay Manor (the Loan for which will be paid off at Closing) to Purchaser and/or Applicable Property Transferee, the Leases of the Properties back to the Tenants, Management Agreements with Manager and assumption by Purchaser and/or Applicable Property Transferee of the applicable Loan (each, a "Lender Consent") pursuant to applicable Assumption Documents.
Approval of Lenders. The undersigned Lenders instruct the Collateral Agent to enter into the foregoing Security Agreement among Attitude Drinks Inc., ______________________, and Collateral Agent. XXX XXXXXX ALPHA CAPITAL ANSTALT By: By: Print Name of Signator: Print Name of Signator: WHALEHAVEN CAPITAL FUND LIMITED MONARCH CAPITAL FUND LTD. By: By: Print Name of Signator: Print Name of Signator: XXX XXXXXX 00000 X.X. Xxxxxxx 0, Xxxxx 000 Xxxxx Xxxx Xxxxx, Xxxxxxx 00000 Fax: (000) 000-0000 $ 50,000.00 $ 50,000.00 ALPHA CAPITAL ANSTALT Pradafant 7 9490 Furstentums Vaduz, Lichtenstein Fax: 000-00-00000000 $ 300,000.00 $ 300,000.00 WHALEHAVEN CAPITAL FUND LIMITED 3rd Fl., 00 Xxx-Xx-Xxxxx Xx. Xxxxxxxx, Xxxxxxx XX00 Fax: (000) 000-0000 $ 150,000.00 $ 150,000.00 MONARCH CAPITAL FUND LTD. Xxxxxxx Xxxxx, 0xx Xxxxx Xxxxxxxxxx Xxxxx, Xxxx Xxxx Xxxxxxx, BVI Fax (000) 000-0000 $ 100,000.00 $ 100,000.00 None. There are no other security interests against the Collateral.
Approval of Lenders. Agent shall have received from Requisite Lenders written approval of this Amendment in form satisfactory to Agent.
Approval of Lenders. Subject to the provisions of the end of Section 4, each Lender shall have given a Lender Consent (except with respect to the Heron's Run Property and Sakonnet Bay Manor), which shall include (i) Lender's approval in writing of the sale of the applicable Property to the Applicable Property Transferee and assumption by the Applicable Property Transferee and/or Purchaser of the applicable Loan encumbering the applicable Property, and (ii) executed releases in form and substance reasonably satisfactory to the applicable Seller releasing the applicable Seller, its Representatives and any of Seller's Affiliates that may be obligated under any of the Loan Documents relating to the applicable Property, including any guaranty or indemnity, from any and all liability under or in respect of each Loan relating to the applicable Property from and after the Closing Date, and (iii) authorization of the return to the applicable Seller of all funds, letters of credit or other security held by or for the benefit of the applicable Lender under any reserve or escrow accounts (the nature and amount of any reserve/escrow balances required by Lenders and a list of any additional security required by Lenders is included in SCHEDULE G).
Approval of Lenders. Target shall use its best efforts to obtain the Congress Approval.
Approval of Lenders. 47 (iii) 12.11 Other Agents; Lead Arrangers.....................................48
Approval of Lenders. Buyer shall have received the consent of Republic Acceptance Corporation to enter into this Agreement and for the consummation of the transactions contemplated hereby. -38- 43