Common use of Seller Shareholder Approval Clause in Contracts

Seller Shareholder Approval. With respect to any Seller identified on Schedule 6.2(n) that must obtain shareholder approval, such shareholder approval shall have been received. Each of the Sellers may waive any condition specified in this Section 6.2 if it executes a writing so stating on or prior to the relevant Closing Date and such waiver shall not be considered a waiver of any other provision in this Agreement unless the writing specifically so states, nor shall any such waiver be effective as against any other Seller.

Appears in 3 contracts

Samples: Purchase and Sale Agreement (Baycorp Holdings LTD), Purchase and Sale Agreement (Connecticut Light & Power Co), Purchase and Sale Agreement (New England Power Co)

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Seller Shareholder Approval. With respect to any Seller --------------------------- identified on Schedule 6.2(n) that must obtain shareholder approval, such shareholder approval shall have been received. Each of the Sellers may waive any condition specified in this Section 6.2 if it executes a writing so stating on or prior to the relevant Closing Date and such waiver shall not be considered a waiver of any other provision in this Agreement unless the writing specifically so states, nor shall any such waiver be effective as against any other Seller.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Uil Holdings Corp)

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