Contractual Approvals Sample Clauses
Contractual Approvals. The Company will have obtained all consents and approvals identified on Section 7.2(d) of the Company Disclosure Schedule, and Parent will have received evidence reasonably satisfactory to it of the receipt of such permits, authorizations, consents, and approvals.
Contractual Approvals. The Company shall have obtained the consent of each counterparty to a material contract that would otherwise restrict the transactions contemplated by this Agreement.
Contractual Approvals. Project Co shall identify, investigate, assess, apply for, obtain, and maintain in effect for all relevant periods during the Term, the Contractual Approvals.
Contractual Approvals. Consistent with the foregoing approach to the management of Project Approvals:
(a) certain protocols and practices may have been adopted or prescribed by contract in relation to the Contractual Approvals that will have to be taken into account and respected in connection with obtaining certain Contractual Approvals;
(b) within 60 days from the Effective Date designated representatives from Project Co and the City shall meet in person or by conference call with each of the Third Parties for the purpose of confirming the expected protocol requirements and planned timing for exchanging information; responding to queries; for reviewing and commenting on developed plans; and for the issuance of any required approvals or confirmations as may be applicable to the agreement in place between the City and the third party;
(c) Project Co and City shall at all relevant times diligently confer, cooperate and coordinate in respect of the foregoing dealings with the third party with a view to facilitating the timely issuance of the applicable Contractual Approval from the third party having regard to Project Co’s Design and Construction Schedule; and
(d) notwithstanding the foregoing, and for greater clarity, subject only to a Relief Event or Force Majeure Event, Project Co is responsible for taking the lead in overseeing and coordinating the foregoing activities and Project Co shall take the risk and responsibility of these Contractual Approvals not being obtained in a timely manner or at all, recognizing that if proper applications or requests for these approvals are prepared, submitted and managed in a diligent manner early in the Construction Schedule the approvals should be capable of being obtained within the reasonably expected time frames of Project Co.