Grant of Consent. Any vote, consent or approval of, or designation by, or other action of, the Blackstone Designator hereunder shall be effective if notice of such vote, consent, approval, designation or action is provided in accordance with Section 4.2 by the Blackstone Party or Parties holding of record a majority of the Common Stock then held of record by Blackstone Parties as of the latest date any such notice is so provided.
Grant of Consent. The Material Project Contractor may withhold or delay consent to a transfer only if the Proposed Substitute is not the Authority and the Authority has failed to show to the Material Project Contractor's satisfaction (acting reasonably) that:
(a) the Proposed Substitute has the legal capacity, power and authority to become a party to and perform the obligations of Project Co under the Material Contract; and
(b) the technical competence and financial standing of, and the technical and financial resources available to, the Proposed Substitute are sufficient to perform the obligations of Project Co under the Material Contract. Within five Business Days of the receipt of a Proposed Transfer Notice and all information required under Section 4.2, the Material Project Contractor will notify the Authority in writing that it has consented to the transfer and if the Material Project Contractor has not consented, an explanation of its reasons to withhold its consent.
Grant of Consent. Any vote, consent or approval of, or designation by, or other action of, the Stockholder Designator hereunder shall be effective if notice of such vote, consent, approval, designation or action is provided in accordance with Section 5.2 hereof by the Stockholder Designator as of the latest date any such notice is so provided to the Company.
Grant of Consent. Any vote, consent or approval of, or designation by, or other action of, any Investor hereunder shall be effective if notice of such vote, consent, approval, designation or other action is provided in accordance with Section 5.2 hereof by such Investor as of the latest date any such notice is so provided to the Company.
Grant of Consent. The Construction Contractor may withhold or delay consent to a novation only where the Proposed Substitute is not the Authority and the Authority has failed to show to the Construction Contractor's satisfaction (acting reasonably) that: the Proposed Substitute has the legal capacity, power and authorisation to become a party to and perform the obligations of hubco under the Construction Contract; and the technical competence and financial standing of and the technical and financial resources available to the Proposed Substitute are sufficient to perform the obligations of hubco under the Construction Contract. The Construction Contractor shall notify the Authority in writing, within [ five (5)] Business Days of the later of receipt of a Proposed Novation Notice and all information required under Clause 4.2 (Information for Consent to Novation), as to whether or not it has decided to grant such consent (together with an explanation of its reasons if it has decided to withhold its consent). If, in accordance with Clause 4.3 (Grant of Consent), the Construction Contractor withholds its consent to a Proposed Novation Notice, the Authority shall be entitled to give one or more subsequent Proposed Novation Notices, pursuant to the provisions of Clause 4.1 (Proposed Substitute), containing changed particulars relating to the same Proposed Substitute or particulars relating to another Proposed Substitute which (where the replacement Proposed Substitute is not the Authority) the Authority has good cause to believe would fulfil the requirements of Clauses 4.3.1 and 4.3.2, provided that only one Proposed Novation Notice may be outstanding at any one time, and provided further that: where a Step-in-Notice has not been issued, any revised Proposed Novation Date shall be a date falling no later than the date specified in Clause 4.1.1 or 4.1.2 as appropriate; and if the Proposed Novation Notice was served during the Step-in Period, any revised Proposed Novation Date shall be a date falling not later than [ ] Business Days after the date of the revised Proposed Novation Notice. If the Construction Contractor consents to a novation pursuant to a Proposed Novation Notice (whether automatically or otherwise), then on the Proposed Novation Date and without prejudice to Clause 5.1, hubco shall immediately assign all its rights and powers under the Parent Company Guarantee to the Authority in accordance with Clause [INSERT PCG REFERENCE] of the same, and on the Proposed Novatio...
Grant of Consent. Any vote, consent or approval of, or designation by, or other action of, any Sponsor Group hereunder shall be deemed to be given with respect to all members of such Sponsor Group if such vote, consent, approval, designation or action is given by members of such Sponsor Group having a pecuniary interest in a majority of the shares of Common Stock over which all members of such Sponsor Group then have a pecuniary interest and shall be effective if notice of such vote, consent, approval, designation or action is provided in accordance with Section 4.2 by the respective parties as of the latest date any such notice is so provided.
Grant of Consent. Any vote, consent or approval of the Blackstone Group or a Blackstone Entity hereunder shall be deemed to be given with respect to such entities or entity if such vote, consent or approval is given by members of such entities or entity having a pecuniary interest in a majority of the shares of Common Stock over which all members of such entities or entity then have a pecuniary interest.
Grant of Consent. Subject always to the terms and conditions specified or referred to in this Agreement, the Landlords CONSENT to the Tenants carrying out the Works.
Grant of Consent. Any vote, consent or approval of Sterling Partners or a Sterling Entity hereunder shall be deemed to be given with respect to such entities or entity if such vote, consent or approval is given by members of such entities or entity having a pecuniary interest in a majority of the shares of Common Stock over which all members of such entities or entity then have a pecuniary interest.
Grant of Consent. Any vote, consent or approval of, or designation by, or other action of, the Trebia Investors or Founder Shareholders hereunder shall be effective if notice of such vote, consent, approval, designation or action is provided in accordance with Section 5.2 hereof by such Trebia Investors or Founder Shareholders, as applicable, as of the latest date any such notice is so provided to the Company.
