Legislative Approvals Sample Clauses

Legislative Approvals. Certain implementation provisions of the Agreement may require additional appropriation of funds and/or budgetary amendments, which shall require approval of the Shelby County Board of Commissioners. JCMSC and SCG agree to present such funding requests to the Shelby County Board of Commissioners within thirty (30) days of becoming aware of the need for such requests. Agreed to this 17th day of December 2012 For the United States of America: XXXXXX X. XXXXXXX, III United States Attorney Western District of Tennessee XXXX X. XXXXXX, XX. Attorney General
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Legislative Approvals. The disposition of public land requires a vote of the Quincy City Council • 2009 The New Quincy Center Development Agreement took the form of a Land Disposition Agreement (LDA), because the project required the acquisition of two City-owned parcels. The agreement calls for a private developer (a.k.a., “Redeveloper”) to acquire two City-owned parking facilities and 21 privately owned parcels in downtown Quincy within the 50 acre redevelopment area. When completed, the project will consist of 2.7 million square feet of space including: 571,000 square feet of retail space, 1 million square feet of office space, two hotels with a combined total of 280 rooms, and 735 residential units. The majority of the project will be new construction, but it also calls for the renovation of approximately 150,000 square feet of existing space. All parking will be structured, with the City acquiring 2,967 spaces, once complete, from the Redeveloper to operate as public parking. In the agreement, the project is divided into three major components: Core Public Improvements, Implementing Public Improvements, and Private Improvements. The Core Public Improvements are to be constructed by the City with a combination of State and Federal funding and are deemed necessary regardless of any private investment in the area. The Implementing Public Improvements (utilities, roadways, public spaces, and eight public parking facilities that are required to support the Private Improvements) and the Private Improvements themselves are to be constructed by the Redeveloper, with the City acquiring the Implementing Public Improvements upon completion and subject to specific financial terms. To finance the acquisition of the Implementing Public Improvements from the Redeveloper, the City plans to issue General Obligations bonds which will be retired through a unique funding mechanism. The LDA and subsequent contracts with the Redeveloper establish a series of payments from the Redeveloper to retire the bond financing pursuant to provisions of MGL Chapter 121A (Urban Development Corporations). A “121A corporation” is a special purpose entity recognized by the Secretary of the Commonwealth with the authority and power to carry out a redevelopment project approved by a municipality’s planning board, legislative body, and the Department of Housing and Community Development (referred to in the legislation as the “Housing Board”). Property owned by a 121A corporation is exempt from most local and state...
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Legislative Approvals. Certain implementation provisions of the Agreement may require additional appropriation of funds and/or budgetary amendments, which shall require approval of the Shelby County Board of Commissioners. JCMSC and SCG agree to present such funding requests to the Shelby County Board of Commissioners within thirty (30) days of becoming aware of the need for such requests. Agreed to this day of December 2012 For the United States of America: XXXX X. XXXXXX, XX. Attorney General XXXXXX X. XXXXXXX, III United States Attorney Western District of Xxxxxxxxx XXXXXX X. XXXXX Assistant Attorney General Civil Rights Division XXX X. XXXXXX, XX. Deputy Assistant Attorney General Civil Rights Division XXXXXXXX X. XXXXX Section Chief Special Litigation Section XXXX X. XXXXXXX Deputy Chief Special Litigation Section XXXXXXX X. XXXXX XXXXX XXXXX Trial Attorneys United States Department of Justice Civil Rights Division 000 Xxxxxxxxxxxx Xxxxxx, XX Xxxxxxxxxx, XX 00000 Tel. (000) 000-0000 Fax. (000) 000-0000 For SHELBY COUNTY
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Related to Legislative Approvals

  • LEGISLATIVE AUTHORITY Halifax Regional Municipality Charter (HRM Charter), Part VIII, Planning & Development.

  • Consents, Approvals and Filings (a) Chartwell and Trenwick will make and cause their respective subsidiaries to make all necessary registrations and filings, as promptly as practicable, including those required under the HSR Act, the Securities Act, the Exchange Act, state securities laws and state insurance laws, in order to facilitate prompt consummation of the Merger, the Stock Option Agreement and the other transactions contemplated by this Agreement. In addition, Chartwell and Trenwick will each use their commercially reasonable efforts, and will cooperate fully with each other (i) to comply as promptly as practicable with all governmental requirements applicable to the Merger, the Stock Option Agreement and the other transactions contemplated by this Agreement, and (ii) to obtain as promptly as practicable all necessary permits, orders or other consents, approvals or authorizations from, or to avoid an action or proceeding by, any Governmental Entity and consents, approvals or waivers from all third parties (including Lloyd's) necessary in connection with the consummation of the Merger, the Stock Option Agreement and the other transactions contemplated by this Agreement. Each of Chartwell and Trenwick shall use its commercially reasonable efforts to provide such information and communications to Governmental Entities and Lloyd's as they may reasonably request. (b) Each of the parties shall provide to the other party copies of all applications or other communications in advance of filing or submission of such applications or communications to Governmental Entities or Lloyd's in connection with this Agreement. Trenwick shall give to Chartwell prompt written notice if it receives any notice or other communication from any Insurance Regulator or Lloyd's in connection with the transactions contemplated by this Agreement, and, in the case of any such notice or communication which is in writing, shall promptly furnish Chartwell with a copy thereof. Each of the parties shall give to the other party reasonable prior written notice of the time and place when any meetings may be held by it with Insurance Regulators or Lloyd's in connection with the transactions contemplated by this Agreement, and the party to whom such notice shall be given shall have the right to have a representative or representatives present at any such meeting. (c) Chartwell shall give prompt notice to Trenwick, and Trenwick shall give prompt notice to Chartwell, of (i) any representation or warranty made by it contained in this Agreement that is qualified as to materiality becoming untrue or inaccurate in any respect or any such representation or warranty that is not so qualified becoming untrue or inaccurate in any material respect or (ii) the failure by it to comply with or satisfy in any material respect any covenant, condition or agreement to be complied with or satisfied by it under this Agreement; provided, however, that no such notification shall affect the representations, warranties, covenants or agreements of the parties or the conditions to the obligations of the parties under this Agreement.

  • Corporate Approvals The Company represents and warrants that the execution of this Agreement by its corporate officer named below has been duly authorized by the Board of Directors of the Company, is not in conflict with any Bylaw or other agreement and will be a binding obligation of the Company, enforceable in accordance with its terms.

  • Requisite Approvals Upon execution of this Agreement, it will have taken all necessary actions pursuant to its governing documents or other legally sufficient means to fully authorize the execution and delivery of this Agreement and any transaction documents related hereto, and the consummation of the transactions contemplated hereby and thereby.

  • AUTHORITY APPROVALS Except as otherwise indicated elsewhere in this Agreement, wherever in this Agreement approvals are required to be given or received by Authority, it is understood that the CEO, or a designee of the CEO, is hereby empowered to act on behalf of Authority.

  • Consents and Approvals of Governmental Authorities No consent, approval, or authorization of, or declaration, filing, or registration with, any governmental or regulatory authority is required to be made or obtained by the Seller in connection with the execution, delivery, and performance of this Agreement or any of the other Acquisition Documents by the Seller.

  • Governmental Approvals and Filings Except for any notices required or permitted to be filed after the Closing Date with certain federal and state securities commissions, the Company shall have obtained all governmental approvals required in connection with the lawful sale and issuance of the Notes.

  • Other Regulatory Approvals All necessary approvals, authorizations and consents of any governmental or regulatory entity required to consummate the Merger shall have been obtained and remain in full force and effect, and all waiting periods relating to such approvals, authorizations and consents shall have expired or been terminated.

  • 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.

  • Approvals and Filings Other than the completion of the filing of the Series A Certificate of Designation, no authorization, approval or consent of any court, governmental body, regulatory agency, self-regulatory organization, stock exchange or market or the stockholders of the Company is required to be obtained by the Company for the entry into or the performance of this Agreement and the other Primary Documents.

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