Condition to Obtain Approvals Sample Clauses

Condition to Obtain Approvals. The parties hereto further acknowledge that, as of the date of this Lease, Landlord has not yet obtained the use and other approvals necessary to construct the Building. Landlord, at Landlord’s expense, shall obtain from the applicable county or local building and safety departments and/or the governing fire district all such zoning, land use, fire district and other approvals as may be required to construct the Building and as may be necessary for the Building to be used by Tenant for the use set forth in Section 1.06, together with operation of a retail component, including approvals required for Landlord to construct Tenants interior improvements, receipt of acceptable soil testing results, signage and open for business within the Premises, and all approvals from any applicable agencies or boards, including, without limitation, Northland Property Owners Association and Northland Park Board of Trustees, if applicable (collectively, the “Approvals”). Tenant shall have the right to participate in the process of obtaining the Approvals and shall have the right to reasonably approve Landlord’s applications and submissions for obtaining the Approvals. If Landlord has not obtained the Grading Permit by May 25, 2006, Foundation Permit by June 25, 2006, and the Building Permit by July 25, 2006, (“Permits”), Tenant shall have the right to terminate this Lease by giving written notice to Landlord and any ground lessor, whereupon the parties hereto shall have no further rights or obligations hereunder. Tenant’s covenants and the responsibilities under this Lease are contingent upon and subject to Landlord’s receipt of all Permits and Approvals and the receipt of all requested documents from Landlord as set forth in this Lease, including without limitation, receipt of the Subordination, Non-Disturbance Agreement referenced herein and a Recognition Agreement, or equivalent document from the City of Kansas City, Missouri. In the event Tenant determines that it will be unable to obtain the executed Subordination, Non-Disturbance Agreement within thirty (30) days of recordation of Landlord’s construction loan, or Approvals as set forth herein, or to obtain the Permits by September 9, 2006, then Tenant shall have the right to terminate this Lease by furnishing Landlord with written notice thereof. Tenant, at its sole option, may waive the contingencies provided herein.
Sample 1
AutoNDA by SimpleDocs

Related to Condition to Obtain Approvals

  • Certain Approvals 19 Section 5.24

  • Authorization; Approvals The issuance of the Policy and the execution, delivery and performance of this Agreement and the Insurance Agreement have been duly authorized by all necessary corporate proceedings. No further approvals or filings of any kind, including, without limitation, any further approvals of or further filings with any governmental agency or other governmental authority, or any approval of the Insurer’s board of directors or stockholders, are necessary for the Policy, this Agreement and the Insurance Agreement to constitute the legal, valid and binding obligations of the Insurer.

  • Authorization, Approval, etc No authorization, approval, or other action by, and no notice to or filing with, any governmental authority, regulatory body or any other Person is required either (a) for the pledge by the Pledgor of any Collateral pursuant to this Pledge Agreement or for the execution, delivery, and performance of this Pledge Agreement by the Pledgor, or (b) for the exercise by the Collateral Agent of the voting or other rights provided for in this Pledge Agreement, or, except with respect to any Pledged Shares, as may be required in connection with a disposition of such Pledged Shares by laws affecting the offering and sale of securities generally, the remedies in respect of the Collateral pursuant to this Pledge Agreement.

  • Consents, Permits, and Waivers The Company shall have obtained any and all consents, permits and waivers necessary or appropriate for consummation of the transactions contemplated by the Agreement and the Related Agreements.

  • Approvals, Consents and Waivers Each Group Company shall have obtained any and all approvals, consents and waivers necessary for consummation of the transactions contemplated by this Agreement, including, but not limited to, (i) all permits, authorizations, approvals, consents or permits of any governmental authority or regulatory body, and (ii) the waiver by the existing shareholders of the Company of any anti-dilution rights, rights of first refusal, preemptive rights and all similar rights in connection with the issuance of the Purchased Shares at the Closing.

  • Authorizations and Consents No authorization, consent, approval, exemption, franchise, permit or license of, or filing with, any governmental or public authority or any third party is required to authorize, or is otherwise required in connection with the valid execution and delivery by the Borrower of this Agreement, the Notes, and the Security Instruments, or any other instrument contemplated hereby, the repayment by the Borrower of advances against the Notes and interest and fees provided in the Notes and this Agreement, or the performance by the Borrower of its obligations under any of the foregoing.

  • Authorizations and Approvals Each Borrower shall promptly obtain, from time to time at its own expense, all such Governmental Approvals as may be required to enable such Borrower to comply with its obligations, under the Loan Documents and its Constituent Documents, and to conduct its business in the customary fashion.

  • Authorization and Approvals No authorization or approval or other action by, and no notice to or filing with, any Governmental Authority is required for the due execution, delivery and performance by the Borrower, the Parent, or any Guarantor of the Credit Documents to which it is a party or the consummation of the transactions contemplated thereby. At the time of each Borrowing, no authorization or approval or other action by, and no notice to or filing with, any Governmental Authority will be required for such Borrowing or the use of the proceeds of such Borrowing the absence of which could reasonably be expected to cause a Material Adverse Change.

  • Required Consents and Approvals All required consents and approvals shall have been obtained and be in full force and effect with respect to the transactions contemplated hereby and from (a) all relevant Governmental Authorities; and (b) any other Person whose consent or approval the Administrative Agent deems necessary or appropriate to effect the transactions contemplated hereby.

  • Regulatory Consents and Approvals All consents, approvals and actions of, filings with and notices to any Governmental or Regulatory Authority necessary to permit Purchaser and Seller to perform their obligations under this Agreement and the Operative Agreements and to consummate the transactions contemplated hereby and thereby (a) shall have been duly obtained, made or given, (b) shall be in form and substance reasonably satisfactory to Purchaser, (c) shall not be subject to the satisfaction of any condition that has not been satisfied or waived and (d) shall be in full force and effect, and all terminations or expirations of waiting periods imposed by any Governmental or Regulatory Authority necessary for the consummation of the transactions contemplated by this Agreement and the Operative Agreements shall have occurred.

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!