Schedule for Approval Sample Clauses

Schedule for Approval. Given that Landlord’s written consent for Subtenant Alterations is required under the terms of the Master Lease to the extent possible Sublandlord and Subtenant shall endeavor to maintain the following schedule regarding approval of the Plans: (1) within five (5) business days of receipt of Plans (as hereinafter defined) and specifications, Sublandlord or Subtenant, as applicable (the “Reviewing Party”), shall review such plans and specifications and notify the other party (the “Submitting Party”) of any reasonable objections which shall also include proposed modifications thereto; and (2) within five (5) business days of the Submitting Party’s receipt of such reasonable objections and proposed modifications, the Submitting Party shall resubmit to the Reviewing Party revised Plans and specifications. This process of reviewing and submitting shall continue until the Plans and specifications have been approved by both parties. In the event either the Submitting Party or the Reviewing Party fails to respond within such five (5) business day period provided for in this paragraph, and such failure continues for five (5) business days after receipt of a subsequent notice (which notice must contain the following caption, in capitalized, bold-faced letters across the top: “NOTICE — - SECOND REQUEST FOR CONSENT PURSUANT TO SECTION 14.2(c) OF SUBLEASE; FAILURE TO RESPOND IN FIVE (5) BUSINESS DAYS WILL RESULT IN DEEMED APPROVAL”; a copy of any such notice delivered by Subtenant to Sublandlord will be concurrently sent to: Shartsis Xxxxxx LLP, Xxx Xxxxxxxx Xxxxx, 00xx Xxxxx, Xxx Xxxxxxxxx, Xxxxxxxxxx 00000, Attn: Xxxxxxxx X. Xxxxxxx, Esq.), then the Plans and specifications shall be deemed to have been approved by both parties as last submitted or as last reasonably modified, as applicable. For avoidance of doubt, this Section 14.2(c) will not apply to Landlord, nor shall any such deemed approval will be binding upon Landlord.
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Related to Schedule for Approval

  • Requests for Approval If the Administrative Agent requests in writing the consent or approval of a Lender, such Lender shall respond and either approve or disapprove definitively in writing to the Administrative Agent within ten Business Days (or sooner if such notice specifies a shorter period for responses based on Administrative Agent’s good faith determination that circumstances exist warranting its request for an earlier response) after such written request from the Administrative Agent. If the Lender does not so respond, that Lender shall be deemed to have approved the request.

  • Prior Approval The Company shall have obtained all approvals necessary under the rules and regulations under the Listing Qualifications of the Market Place Rules established and maintained by the National Association of Securities Dealers, Inc., for the issuance of the shares of Common Stock to the Investor pursuant to Advances under this Agreement.

  • Director Approval The Board of Directors of Holdings shall have approved this Agreement and the transactions contemplated herein.

  • HSR Approval The applicable waiting period under the HSR Act shall have expired or been terminated.

  • Member Approval No annual or regular meetings of the Members are required to be held. However, if such meetings are held, such meetings shall be noticed, held and conducted pursuant to the Act. In any instance in which the approval of the Members is required under this Agreement, such approval may be obtained in any manner permitted by the Act. Unless otherwise provided in this Agreement, approval of the Members shall mean the approval of Members who hold a majority of the Membership Interests.

  • Consents or Approvals No consent of any other person or entity (including, without limitation, any creditor of the undersigned) and no consent, license, permit, approval or authorization of, exemption by, notice or report to, or registration, filing or declaration with, any governmental authority is required in connection with the execution, delivery, performance, validity or enforceability of this Guaranty by it, except to the extent that the failure to obtain any of the foregoing could not reasonably be expected to have, either individually or in the aggregate, a Material Adverse Effect.

  • No Consents or Approvals None of the execution, delivery or performance by Purchaser of this Agreement, or the other Transfer Documents, or the consummation by Purchaser of the transactions contemplated hereby and thereby, requires the consent or approval of, the giving of notice to, the registration, recording or filing of any documents with, or the taking of any other action in respect of, any Governmental Authority, except such as have been obtained or effected on or prior to the applicable Closing Date.

  • No Consent or Approval Except as expressly provided in this Agreement, no consent or approval is required by any other Entity in order for it to carry out the provisions of this Agreement.

  • Board Approval; Vote Required The Company Board, by resolutions duly adopted by unanimous vote of those voting at a meeting duly called and held and not subsequently rescinded or modified in any way, or by unanimous written consent, has duly (a) determined that this Agreement and the Merger are fair to and in the best interests of the Company and its stockholders, (b) approved this Agreement and the Merger and declared their advisability, and (c) recommended that the stockholders of the Company approve and adopt this Agreement and approve the Merger and directed that this Agreement and the Transactions (including the Merger) be submitted for consideration by the Company’s stockholders. The Requisite Approval (the “Company Stockholder Approval”) is the only vote of the holders of any class or series of capital stock of the Company necessary to adopt this Agreement and approve the Transactions. The Written Consent, if executed and delivered, would qualify as the Company Stockholder Approval and no additional approval or vote from any holders of any class or series of capital stock of the Company would then be necessary to adopt this Agreement and approve the Transactions.

  • Shareholder Approvals The Shareholder Approvals shall have been obtained.

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