Common use of Necessary Governmental Authorizations and Consents; Expiration of Waiting Periods, Etc Clause in Contracts

Necessary Governmental Authorizations and Consents; Expiration of Waiting Periods, Etc. The Borrower shall have obtained all governmental authorizations and all consents of other Persons, in each case that are necessary or advisable in connection with the Dubs Acquisition and the other transactions contemplated by the Loan Documents and each of the foregoing shall be in full force and effect, in each case other than those the failure to obtain or maintain which, either individually or in the aggregate, would not reasonably be expected to have a Material Adverse Effect. All applicable waiting periods shall have expired without any action being taken or threatened by any competent authority which would restrain, prevent or otherwise impose adverse conditions on the Dubs Acquisition or the financing thereof. No action, request for stay, petition for review or rehearing, reconsideration, or appeal with respect to any of the foregoing shall be pending, and the time for any applicable agency to take action to set aside its consent on its own motion shall have expired.

Appears in 1 contract

Samples: Credit Agreement (Vdi Media)

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Necessary Governmental Authorizations and Consents; Expiration of Waiting Periods, Etc. The Borrower shall have obtained all governmental authorizations Governmental Authorizations and all consents of other Persons, in each case that are necessary or advisable in connection with the Dubs Acquisition and the other transactions contemplated by the Loan Documents Documents, and the continued operation of the business conducted by Holdings and its Subsidiaries in substantially the same manner as currently conducted, and each of the foregoing shall be in full force and effect, in each case other than those the failure to obtain or maintain which, either individually or in the aggregate, would could not reasonably be expected to have a Material Adverse Effect. All applicable waiting periods shall have expired without any action being taken or threatened by any competent authority which would restrain, prevent or otherwise impose adverse conditions on the Dubs Acquisition or the financing thereoffinancing. No action, request for stay, petition for review or rehearing, reconsideration, or appeal with respect to any of the foregoing shall be pending, and the time for any applicable agency to take action to set aside its consent on its own motion shall have expired.

Appears in 1 contract

Samples: Credit Agreement (La Quinta Properties Inc)

Necessary Governmental Authorizations and Consents; Expiration of Waiting Periods, Etc. The Borrower shall have 70 obtained all governmental authorizations (including without limitation FCC consents) and all consents of other Persons, in each case that are necessary or advisable in connection with the Dubs Acquisition and the other transactions contemplated by the Loan Documents and each of the foregoing shall be in full force and effect, in each case other than those the failure to obtain or maintain which, either individually or in the aggregate, would not reasonably be expected to have a Material Adverse Effect. All applicable waiting periods shall have expired without any action being taken or threatened by any competent authority which would restrain, prevent or otherwise impose adverse conditions on the Dubs Acquisition or the financing thereof. No action, request for stay, petition for review or rehearing, reconsideration, or appeal with respect to any of the foregoing shall be pending, and the time for any applicable agency to take action to set aside its consent on its own motion shall have expired.

Appears in 1 contract

Samples: Credit Agreement (Black Creek Management LLC)

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Necessary Governmental Authorizations and Consents; Expiration of Waiting Periods, Etc. The Borrower shall have obtained all governmental authorizations (including without limitation FCC consents) and all consents of other Persons, in each case that are necessary or advisable in connection with the Dubs Acquisition and the other transactions contemplated by the Loan Documents and each of the foregoing shall be in full force and effect, in each case other than those the failure to obtain or maintain which, either individually or in the aggregate, would not reasonably be expected to have a Material Adverse Effect. All applicable waiting periods shall have expired without any action being taken or threatened by any competent authority which would restrain, prevent or otherwise impose adverse conditions on the Dubs Acquisition or the financing thereof. No action, request for stay, petition for review or rehearing, reconsideration, or appeal with respect to any of the foregoing shall be pending, and the time for any applicable agency to take action to set aside its consent on its own motion shall have expired.

Appears in 1 contract

Samples: Credit Agreement (Classic Communications Inc)

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