Consent to Termination Sample Clauses
The Consent to Termination clause establishes that one or both parties must obtain the other's agreement before ending the contract. In practice, this means that termination cannot occur unilaterally; for example, if one party wishes to exit the agreement, they must first secure the explicit consent of the other party, often in writing. This clause ensures that both parties have control over the contract's duration and prevents unexpected or unfair termination, thereby promoting stability and mutual agreement in the contractual relationship.
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Consent to Termination. All Participants, Investors and Employers shall be deemed to have consented to such termination and shall have no right to withhold such consent.
Consent to Termination. Pursuant to Section 5.02 of the Stockholders Agreement:
(a) The Company hereby consents to the termination of the Stockholders Agreement.
(b) B of A, FSC, Amsouth, and ▇▇▇▇▇▇, who constitute all of the Bank Stockholders and hold 100% of the Common Stock Equivalents currently held by Bank Stockholders subject to the Stockholders Agreement, have consented to, or, with respect to ▇▇▇▇▇▇, hereby consent to, the termination of the Stockholders Agreement.
(c) ▇▇▇▇▇▇, Midwest and ▇▇▇▇▇, who constitute all of the New Money Stockholders and hold 100% of the Common Stock Equivalents currently held by New Money Stockholders subject to the Stockholders Agreement, hereby consent to the termination of the Stockholders Agreement.
(d) ▇▇▇▇▇▇ and Midwest, who constitute all of the Preferred Stockholders and hold 100% of the Common Stock Equivalents currently held by Preferred Stockholders subject to the Stockholders Agreement, hereby consent to the termination of the Stockholders Agreement.
Consent to Termination. Solely with respect to determining the level of benefits payable under the Corporation Nonqualified Plans, RHD shall have the authority to consent to the termination of employment prior to age 60 of a RHD Nonqualified Plan Participant from the RHD Group.
Consent to Termination. Solely with respect to determining the level of benefits payable under the Corporation Nonqualified Plans, Moody's shall have the authority to consent to the termination of employment prior to age 60 of a Moody's Nonqualified Plan Participant from the Moody's Group.
Consent to Termination. This Agreement shall terminate on the date on which the Majority Tiptree Investors and the Majority Warburg Investors shall have agreed in writing to terminate this Agreement.
Consent to Termination. Solely with respect to determining the level of benefits payable under the D&B Nonqualified Plans, Cognizant and ACNielsen shall have the authority to consent to the termination of employment prior to age 60 of a Cognizant or ACNielsen Nonqualified Plan Participant from the Cognizant Group or the ACNielsen Group (as the case may be).
Consent to Termination. In addition to the Termination Events set forth in Section 8(a) hereof, this Agreement shall be terminable immediately upon written notice to all of the Parties of the written agreement(s) of the Company and the Requisite Holders to terminate all of their restructuring agreements and the written agreement of the Company, CCI and ▇▇▇▇ ▇. ▇▇▇▇▇ to terminate their restructuring agreement.
Consent to Termination. In addition to the Termination Events set forth in Section 8.1 hereof, this Agreement shall be terminable immediately upon written notice to all of the Parties of the written agreement of the Debtors, the First Lien Requisite Holders, the Second Lien Requisite Holders and the Senior Note Requisite Holders to terminate this Agreement.
Consent to Termination. In addition to the Termination Events set forth in Section 7.1 hereof, this Agreement may be terminated by mutual agreement of the Debtors and by each of (i) the Requisite Holding Noteholders and (ii) the Requisite Second Lien Noteholders.
Consent to Termination. No termination of this PILOT Lease by the Tenant shall be permitted or effective unless with the prior written consent of all Leasehold Mortgagees.