Common use of Consent Withheld Clause in Contracts

Consent Withheld. If the Material Project Contractor withholds its consent to a Proposed Novation Notice, the Authority may give one or more subsequent Proposed Novation Notices, pursuant to the provisions of Section 4.1, containing changed particulars relating to the same Proposed Substitute or particulars relating to another Proposed Substitute which the Authority reasonably believes would fulfil the requirements of Sections 4.3, provided that only one Proposed Novation Notice may be outstanding at any one time, and provided further that: (a) if a Step-in-Notice has not been issued, any revised Proposed Novation Date will be a date falling no later than the date specified in Section 4.1(a) or 4.1(b), as the case may be; and (b) if the Proposed Novation Notice was served during the Step-in Period, any revised Proposed Novation Date will be a date falling not later than 30 days after the date of the revised Proposed Novation Notice and, in any event, not later than the Step-Out Date.

Consent Withheld. If the Material Project Contractor withholds its consent to a Proposed Novation Notice, the Authority may give one or more subsequent Proposed Novation Notices, pursuant to the provisions of Section 4.1, containing changed particulars relating to the same Proposed Substitute or particulars relating to another Proposed Substitute which the Authority reasonably believes would fulfil the requirements of Sections 4.3, provided that only one Proposed Novation Notice may be outstanding at any one time, and provided further that: (a) if a Step-in-Notice has not been issued, any revised Proposed Novation Date will be a date falling no later than the date specified in Section 4.1(a) or 4.1(b), as the case may be; and (b) if the Proposed Novation Notice was served during the Step-in Period, any revised Proposed Novation Date will be a date falling not later than 30 days after the date of the revised Proposed Novation Notice and, in any event, not later than the Step-Out DateDate .