Common use of Approvals and Preferential Rights Clause in Contracts

Approvals and Preferential Rights. Exhibit 8 contains a complete and accurate list of (a) all approvals and consents required to be obtained by such Seller for the assignment or transfer of the Properties to Buyers, other than approvals and consents of governmental authorities, that (i) have already been obtained by such Sellers, or (ii) are customarily obtained in similar transactions after the consummation of the transaction (which Seller represents will be obtained promptly following Closing), and (b) all preferential purchase rights that affect the transactions contemplated by this Agreement. To the extent that an otherwise required approval and consent is not listed on Exhibit 13, it is because the period of time has lapsed for that individual or entity to have responded, following timely notice provided to them or it, with no response or exercise of preferential right.

Approvals and Preferential Rights. Exhibit 8 10 contains a complete and accurate list of (a) all approvals and consents required to be obtained by such Seller for the assignment or transfer of the Properties to Buyers, other than approvals and consents of governmental authorities, that (i) have already been obtained by such Sellers, or (ii) are customarily obtained in similar transactions after the consummation of the transaction (which Seller represents will be obtained promptly following Closing), and (b) all preferential purchase rights that affect the transactions contemplated by this Agreement. To the extent that an otherwise required approval and consent is not listed on Exhibit 13, it is because the period of time has lapsed for that individual or entity to have responded, following timely notice provided to them or it, with no response or exercise of preferential right.

Approvals and Preferential Rights. Exhibit 8 10 contains a complete and accurate list of (a) all approvals and consents required to be obtained by such Seller for the assignment or transfer of the Properties to Buyers, other than approvals and consents of governmental authorities, that (i) have already been obtained by such Sellers, or (ii) are customarily obtained in similar transactions after the consummation of the transaction (which Seller represents will be obtained promptly following Closing), and (b) all preferential purchase rights that affect the transactions contemplated by this Agreement. To the extent that an otherwise required approval and consent is not listed on Exhibit 1310, it is because the period of time has lapsed for that individual or entity to have responded, following timely notice provided to them or it, with no response or exercise of preferential right.