Common use of Approval or Consent Clause in Contracts

Approval or Consent. Whenever under any provisions of this Agreement, the approval or consent of either party is required, the decision thereon shall be promptly given and such approval or consent shall not be unreasonably withheld, unless this Agreement expressly provides that a decision shall be made in a party's sole discretion. It is further understood and agreed that whenever under any provisions of this Agreement the approval or consent of Lyric is required, such approval or consent is given by the person or any one of the persons, as the case may be, designated in a notification signed by or on behalf of Lyric. For all purposes under this Agreement, Manager shall determine solely from the latest such notification received by it the person or persons authorized to give such approval or consent. Manager shall rely exclusively and conclusively on the designation set forth in such notification, notwithstanding any notice of knowledge to the contrary.

Appears in 3 contracts

Samples: Master Management Agreement (Monarch Properties Inc), Master Management Agreement (Integrated Health Services Inc), Master Management Agreement (Integrated Health Services Inc)

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Approval or Consent. Whenever under any provisions of this Agreement, the approval or consent of either party is required, the decision thereon shall be promptly given and such approval or consent shall not be unreasonably withheld, unless this Agreement expressly provides that a decision shall be made in a party's sole discretion. It is further understood and agreed that whenever under any provisions of this Agreement the approval or consent of Lyric Owner is required, such approval or consent is may be given by the Xxxxxxx X. Xxxxxxxxx or such other person or any one of the persons, as the case may be, designated in a notification signed by or on behalf of LyricOwner. For all purposes under this Agreement, Manager shall determine solely from the latest such notification received by it the person or persons authorized to give such approval or consent. Manager shall rely exclusively and conclusively on the designation set forth in such notification, notwithstanding any notice of knowledge to the contrary.

Appears in 2 contracts

Samples: Master Management Agreement (Integrated Health Services Inc), Master Management Agreement (Monarch Properties Inc)

Approval or Consent. Whenever under any provisions of this Agreement, the approval or consent of either party is required, the decision thereon shall be promptly given and such approval or consent shall not be unreasonably withheld, unless this Agreement expressly provides that a decision shall be made in a party's sole discretion. It is further understood and agreed that whenever under any provisions of this Agreement the approval or consent of Lyric the Owner is required, such approval or consent is given by the person or any one of the persons, as the case may be, designated in a notification signed by or on behalf of Lyricthe Owner. For all purposes under this Agreement, the Manager shall determine solely from the latest such notification received by it the person or persons authorized to give such approval or consent. The Manager shall rely exclusively and conclusively on the designation set forth in such notification, notwithstanding any notice of knowledge to the contrary.

Appears in 2 contracts

Samples: Management Agreement (Integrated Health Services Inc), Management Agreement (Community Care of America Inc)

Approval or Consent. Whenever under any provisions of this Agreement, the approval or consent of either party is required, the decision thereon shall be promptly given and such approval or consent shall not be unreasonably withheld, unless this Agreement expressly provides that a decision shall be made in a party's sole discretion. It is further understood and agreed that whenever under any provisions of this Agreement the approval or consent of Lyric Owner is required, such approval or consent is may be given by the any person or any one of the persons, as the case may be, persons (each a "Designee") designated in a notification signed given to Manager by or on behalf the Board of LyricDirectors of Owner. For all purposes under this Agreement, Manager shall determine solely from the latest such notification received by it the person or persons Designees authorized to give such approval or consent. Manager shall rely exclusively and conclusively on the designation set forth in such notification, notwithstanding any notice of knowledge to the contrarycontrary and any approval or consent given by any such Designee shall be conclusively valid and binding on Owner.

Appears in 1 contract

Samples: Management Agreement (Mariner Health Care Inc)

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Approval or Consent. Whenever under any provisions of this Agreement, the approval or consent of either party is required, the decision thereon shall be promptly given and such approval or consent shall not be unreasonably withheld, unless this Agreement expressly provides that a decision shall be made in a party's sole discretion. It is further understood and agreed that whenever under any provisions of this Agreement the approval or consent of Lyric the Tenant is required, such approval or consent is given by the person or any one of the persons, as the case may be, designated in a notification signed by or on behalf of Lyricthe Tenant. For all purposes under this Agreement, the Manager shall determine solely from the latest such notification received by it the person or persons authorized to give such approval or consent. The Manager shall rely exclusively and conclusively on the designation set forth in such notification, notwithstanding any notice of knowledge to the contrary.

Appears in 1 contract

Samples: Management Agreement (Integrated Health Services Inc)

Approval or Consent. Whenever under any provisions of this Agreement, the approval or consent of either party is required, the decision thereon shall be promptly given and such approval or consent shall not be unreasonably withheld, unless this Agreement expressly provides that a decision shall be made in a party's sole discretion. It is further understood and agreed that whenever under any provisions of this Agreement the approval or consent of Lyric Owner is required, such approval or consent is given by the person or any one of the persons, as the case may be, designated in a notification signed by or on behalf of LyricOwner. For all purposes under this Agreement, Manager shall determine solely from the latest such notification received by it the person or persons authorized to give such approval or consent. Manager shall rely exclusively and conclusively on the designation set forth in such notification, notwithstanding any notice of knowledge to the contrary.

Appears in 1 contract

Samples: Master Management Agreement (Integrated Health Services Inc)

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