Common use of APPROVAL OF MANUFACTURERS AND DISTRIBUTORS Clause in Contracts

APPROVAL OF MANUFACTURERS AND DISTRIBUTORS. The consent, authorization and approval of each of the manufacturers whose consent is required for the transfer of the Companies to Sub shall have been obtained on terms no less favorable to those granted to the Stockholders and the Companies immediately prior to execution of this Agreement.

Appears in 1 contract

Samples: Stock Purchase Agreement (United Auto Group Inc)

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APPROVAL OF MANUFACTURERS AND DISTRIBUTORS. The Stockholder, the Companies, UAG and Sub shall have obtained the consent, authorization and approval of each of the manufacturers whose consent is required for the transfer of the Companies to Sub shall have been obtained on terms (including any working capital requirements of the manufacturers) no less favorable to those granted to imposed on the Stockholders Stockholder and the Companies immediately prior to the execution of this Agreement.

Appears in 1 contract

Samples: Stock Purchase Agreement (United Auto Group Inc)

APPROVAL OF MANUFACTURERS AND DISTRIBUTORS. The consent, authorization and approval of each of the manufacturers whose consent is required for the transfer of the Companies to Sub shall have been obtained on terms no less favorable to those granted to the Stockholders and the Companies immediately prior to the execution of this Agreement.

Appears in 1 contract

Samples: Stock Purchase Agreement (United Auto Group Inc)

APPROVAL OF MANUFACTURERS AND DISTRIBUTORS. The Stockholder, the Companies, UAG and Sub shall have obtained the consent, authorization and approval of each of the manufacturers whose consent is required for the transfer of the Companies to Sub shall have been obtained on terms (including working capital requirements of the manufacturer) no less favorable to those granted to imposed on the Stockholders Stockholder and the Companies immediately prior to the execution of this the Agreement.

Appears in 1 contract

Samples: Stock Purchase Agreement (United Auto Group Inc)

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APPROVAL OF MANUFACTURERS AND DISTRIBUTORS. The Stockholder, UAG, Sub and the Companies shall have obtained the consent, authorization and approval of each of the manufacturers whose consent is required for the transfer of the Companies to Sub shall have been obtained on terms no less favorable to those granted to the Stockholders Stockholder and the Companies immediately prior to the execution of this Agreement.

Appears in 1 contract

Samples: Stock Purchase Agreement (United Auto Group Inc)

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