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Party Approval Sample Clauses

Party Approval. The execution and delivery of this Agreement by Seller, and the consummation of the within contemplated transaction, will not result in the creation or imposition of any valid lien, charge, or encumbrance on any of the Assets, and will not require the authorization, consent, or approval of any third party, including any lender or governmental or regulatory agency.
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Party Approval. If the original contract requires the consent of the obligor, mention the date when the consent was obtained. Signatures: Both parties must sign and date the completed assignment agreement form. If a notary is required, do not sign until you are in front of the official and show your identification. Otherwise, you may have to redo the assignment agreement. How Does the Assignment of a Contract Work? The process starts when the assignor and assignee agree to transfer a contract. They can have a verbal discussion or write a letter of intent. During A real estate assignment contract is a document that lets a buyer assign their rights and obligations to another person before the property is sold. The new buyer usually pays a fee to the original buyer for this transfer. To write an assignment contract, follow these steps: - Write the names, addresses, and phone numbers of the original buyer (assignor) and the new buyer (assignee). - Describe the original contract that is being assigned, including the property details and the closing date. - State the amount and terms of the payment that the assignee will make to the assignor for the assignment. - Include any terms and conditions that apply to the assignment, such as how disputes will be resolved, what law will govern the contract, and whether the seller (obligor) needs to approve the assignment. - Get both parties to sign the contract and have it notarized if needed. You can download our assignment contract template in PDF or Word format to create your own: Some additional sentences to complete the response are: - This template is designed for SEO and includes the keyword 'real estate assignment contract pdf' in the title and the body of the text. - This paraphrased version is shorter and clearer than the original article, and it avoids using any sensational or exaggerated words. This article explains how to use a real estate assignment contract pdf to transfer the rights and obligations of a property purchase agreement from one party to another. It covers the following topics: - The Parties: The original buyer (Assignor) and the new buyer (Assignee) who agree to the assignment contract, along with their contact information. - The Original Agreement: The date and details of the property purchase agreement that the Assignor has with the seller. - The Assignment: The Assignor's decision to assign all their contractual rights and obligations to the Assignee, effective from a certain date. - The Consideration: The ...
Sample 1
Party Approval. Once both parties have come to a tentative agreement, a drafted proposal should be given to each party for review and approval. Any changes thereafter, must be agreed upon by both parties. Education Assistant positions in the extended year/extended day programs shall be filled by qualified Education Assistants on the regular employed staff of the preceding school year, if such qualified Education Assistants are available and file an application. Members of the Education Assistants bargaining unit of District 281, if qualified, shall be given priority over non-bargaining unit members in obtaining extended year/extended day employment.
Sample 1Sample 2
Party Approval. If the original contract requires the consent of the obligor, mention the date when the consent was obtained. Signatures: Both parties must sign and date the completed assignment agreement form. If a notary is required, do not sign until you are in front of the official and show your identification. Otherwise, you may have to redo the assignment agreement. How Does the Assignment of a Contract Work? The process starts when the assignor and assignee agree to transfer a contract. They can have a verbal discussion or write a letter of intent. During A real estate assignment contract is a document that lets a buyer assign their rights and obligations to another person before the property is sold. The new buyer usually pays a fee to the original buyer for this transfer. To write an assignment contract, follow these steps: - Write the names, addresses, and phone numbers of the original buyer (assignor) and the new buyer (assignee). - Describe the original contract that is being assigned, including the property details and the closing date. - State the amount and terms of the payment that the assignee will make to the assignor for the assignment. - Include any terms and conditions that apply to the assignment, such as how disputes will be resolved, what law will govern the contract, and whether the seller (obligor) needs to approve the assignment. - Get both parties to sign the contract and have it notarized if needed. An assignment agreement allows a person or entity to transfer their rights and obligations under an existing contract to another party. Wholesale real estate assignment contract pdf. . An assignment agreement is a legal document that assigns rights, duties, and benefits from one party (the assignor) to another (the assignee). The other party in the original contract (the obligor) usually needs to be informed and consent to the transfer. It is important to write this document carefully, as a poorly drafted assignment agreement may leave some obligations on the assignor. When to Use an Assignment Agreement The most common reason to use an assignment agreement is when the assignor cannot or does not want to continue with a contract. Instead of abandoning or breaching the contract, the assignor can find another party who is willing to take over the contract. For example, suppose a small garbage collection company decides to shut down its business. Before it does, it negotiates a deal to transfer its accounts to another company that offers similar servi...
Sample 1
Party Approval. The Parties shall consider each Feasibility Report or Proponent's Feasibility Report, as applicable, and may approve any such report, with such modifications, if my, as they consider necessary or desirable.
Sample 1

Related to Party Approval

  • City Approval All labor, materials, tools, equipment, and services shall be furnished and work performed and completed subject to the approval of City or its authorized representatives, and the quality of the workmanship shall be guaranteed for one year from date of acceptance.

  • Third Party Approvals (a) Except with respect to Regulatory Approvals which are addressed in Section 5.03, Permits which are addressed in Section 5.04, and the Shared Contracts which are addressed in Section 5.05, subject to the terms and conditions of this Agreement, Seller and Buyer shall, and shall cause their respective Affiliates to, use commercially reasonable efforts to obtain the consents, waivers, approvals, orders and authorizations necessary to transfer and assign the Non-Assignable Assets (the “Third Party Approvals”) prior to the Closing. To the extent that any Third Party Approval has not been obtained prior to Closing, for up to one hundred and eighty (180) days after the Closing Date, Buyer and Seller shall use their commercially reasonable efforts, at either Party’s request, to endeavor to obtain such Third Party Approvals. Notwithstanding the foregoing, neither Party shall be required to incur any Liabilities or provide any financial accommodation, in order to obtain any such Third Party Approval with respect to the transfer or assignment of any Non-Assignable Asset for the benefit of the Party to whom such Non-Assignable Asset is contemplated to be transferred under this Agreement (the “Receiving Party”). (b) In addition, to the extent permitted by Law and the terms of the Non-Assignable Asset, in the event any Third Party Approval has not been obtained by Closing, at the Receiving Party’s request, the Party contemplated to be transferring such Non-Assignable Asset under this Agreement (the “Transferring Party”) shall hold in trust for the Receiving Party, as applicable, the relevant Non-Assignable Asset until such time as the Third Party Approval is obtained, but in no event longer than one hundred and eighty (180) days after the Closing Date. During such time period, the Transferring Party shall comply with all applicable covenants and obligations under the Non-Assignable Assets, including the payment of any costs or expenses in connection therewith, which shall be performed by the Transferring Party for the Receiving Party’s account and the Receiving Party shall promptly (but in no event later than ten (10) Business Days following receipt of an invoice from the Transferring Party) reimburse the Transferring Party for any out-of-pocket costs, expenses or payments made by the Transferring Party in respect of such Non-Assignable Asset. For the period not to exceed one hundred and eighty (180) days after the Closing Date, to the extent permitted by Law and the terms of the Non-Assignable Asset, the Receiving Party shall be entitled to receive all of the benefits of the Transferring Party under the Non-Assignable Asset. The Receiving Party agrees to indemnify and hold the Transferring Party and its Affiliates, agents, successors and assigns harmless from and against any and all Liabilities based upon, arising out of or relating to the performance of, or failure to perform, any obligations under the Non-Assignable Assets that are for the benefit of the Receiving Party, provided that the Transferring Party’s negligence or willful misconduct has not caused any such Liabilities. Notwithstanding the foregoing, following the Closing Date, a Transferring Party shall have no obligation to renew any Non-Assignable Asset upon the expiration or termination thereof. In addition, to the extent that any Non-Assignable Asset contains an “evergreen” provision that automatically renews such Non-Assignable Asset unless terminated or cancelled by either party thereto, a Transferring Party shall not be prohibited from terminating or canceling such Non-Assignable Asset as permitted pursuant to the terms thereof.

  • Agency Approval The Servicer has been approved by FNMA or FHLMC and will remain approved as an "eligible seller/servicer" of conventional, residential mortgage loans as provided in FNMA or FHLMC guidelines and in good standing. The Servicer has not received any notification from FNMA or FHLMC that the Servicer is not in compliance with the requirements of the approved seller/servicer status or that such agencies have threatened the servicer with revocation of its approved seller/servicer status.

  • 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.

  • HSR Approval All applicable waiting periods (and any extensions thereof) under the HSR Act in respect of the Transactions shall have expired or been terminated.

  • Governmental and Third Party Approvals The Credit Parties shall have received all material governmental, shareholder and third party consents and approvals necessary (or any other material consents as determined in the reasonable discretion of the Administrative Agent) in connection with the transactions contemplated by this Agreement and the other Loan Documents and the other transactions contemplated hereby and all applicable waiting periods shall have expired without any action being taken by any Person that could reasonably be expected to restrain, prevent or impose any material adverse conditions on any of the Credit Parties or such other transactions or that could seek or threaten any of the foregoing, and no law or regulation shall be applicable which in the reasonable judgment of the Administrative Agent could reasonably be expected to have such effect.

  • FCC Approval Notwithstanding anything to the contrary contained in this Agreement or in the other Loan Documents, neither the Administrative Agent nor any Lender will take any action pursuant to this Agreement or any of the other Loan Documents, which would constitute or result in a change in control of the Borrower or any of its Subsidiaries requiring the prior approval of the FCC without first obtaining such prior approval of the FCC. After the occurrence of an Event of Default, the Borrower shall take or cause to be taken any action which the Administrative Agent may reasonably request in order to obtain from the FCC such approval as may be necessary to enable the Administrative Agent to exercise and enjoy the full rights and benefits granted to the Administrative Agent, for the benefit of the Lenders by this Agreement or any of the other Loan Documents, including, at the Borrower’s cost and expense, the use of the Borrower’s best efforts to assist in obtaining such approval for any action or transaction contemplated by this Agreement or any of the other Loan Documents for which such approval is required by Law.

  • Requisite Regulatory Approvals All Consents required to be obtained from or made with any Governmental Authority in order to consummate the transactions contemplated by this Agreement shall have been obtained or made.

  • Authorization, Approval, etc No authorization, approval, or other action by, and no notice to or filing with, any governmental authority, regulatory body or any other Person is required either (a) for the pledge by the Pledgor of any Collateral pursuant to this Pledge Agreement or for the execution, delivery, and performance of this Pledge Agreement by the Pledgor, or (b) for the exercise by the Collateral Agent of the voting or other rights provided for in this Pledge Agreement, or, except with respect to any Pledged Shares, as may be required in connection with a disposition of such Pledged Shares by laws affecting the offering and sale of securities generally, the remedies in respect of the Collateral pursuant to this Pledge Agreement.

  • Regulatory Approval 25.1 The Parties understand and agree that this Agreement and any amendment or modification hereto will be filed with the Commission for approval in accordance with Section 252 of the Act and may thereafter be filed with the FCC. The Parties believe in good faith and agree that the services to be provided under this Agreement are in the public interest. Each Party covenants and agrees to fully support approval of this Agreement by the Commission or the FCC under Section 252 of the Act without modification.

Most Referenced Clauses

Most Referenced Definitions