Common use of APPROVAL OF MANUFACTURERS AND DISTRIBUTORS Clause in Contracts

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 on terms (including any working capital requirements of the manufacturers) no less favorable to those imposed on the 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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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 the Merger Subs shall have been obtained on terms (including any working capital requirements of the manufacturers) no less favorable to those imposed on granted to the Stockholder Stockholders and the Companies immediately prior to the execution of this Agreement.

Appears in 1 contract

Samples: Agreement and Plan of Merger (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 the Merger Subs shall have been obtained on terms (including any working capital requirements of the manufacturers) no less favorable to those imposed on granted to the Stockholder Stockholders and the Companies immediately prior to the execution of this Agreement.

Appears in 1 contract

Samples: Agreement and Plan of Merger (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 on terms (including any working capital requirements of the manufacturersmanufacturer) no less favorable to those imposed on the 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)

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 imposed on granted to the Stockholder Stockholders 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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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 imposed on granted to the Stockholder 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, UAG, Sub and the Companies, UAG and Sub 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 on terms (including any working capital requirements of the manufacturers) no less favorable to those imposed on granted to the 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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