Required Consents and Authorizations. Seller shall have received (and shall have furnished copies thereof to Buyer) all consents and authorizations of third parties required to transfer the Contracts for which consent is required, and which if not obtained would materially adversely impact Buyer’s operation of the Assets.
Appears in 3 contracts
Samples: Asset Purchase and Sale Agreement, Asset Purchase and Sale Agreement (Global Energy, Inc.), Asset Purchase and Sale Agreement (Global Energy, Inc.)
Required Consents and Authorizations. Seller shall have received (and shall have furnished copies thereof to Buyer) all consents and authorizations of third parties required to transfer the Contracts Contracts, Leases and Easements and Permits for which consent is required, and which if not obtained would materially adversely impact Buyer’s operation reasonably result in a Material Adverse Effect; provided, however, if such consents are not obtained, Seller will use reasonable efforts to provide an alternative mechanism to provide Buyer the value of such Contracts, Leases and Easements and Permits until Buyer obtains the Assetsconsents.
Appears in 2 contracts
Samples: Asset Purchase Agreement (Tosco Corp), Asset Purchase Agreement (Ultramar Diamond Shamrock Corp)
Required Consents and Authorizations. Seller shall have received (and shall have furnished to Buyer copies thereof to Buyer) of all consents and authorizations of third parties required to transfer conduct Company Operations upon sale of the Contracts Shares to Buyer for which consent is required; provided, however, if such consents are not obtained, Seller may elect to provide to Buyer the economic benefits of such Contracts, Leases, Licenses and which if not obtained would materially adversely impact Buyer’s operation of Easements and Permits until Buyer obtains the Assetsconsents.
Appears in 1 contract
Samples: Stock Purchase Agreement (Tesoro Petroleum Corp /New/)
Required Consents and Authorizations. Seller shall have received (and shall have furnished copies thereof to Buyer) all consents and authorizations of third parties required to transfer the Contracts Contracts, Leases and Easements and Permits and licenses described in Article 16 or the Related Agreement for which consent is required, and which if not obtained would materially adversely impact Buyer’s 's operation of the Assets.
Appears in 1 contract
