Common use of Third Party Consent Clause in Contracts

Third Party Consent. Linx shall (i) have obtained the respective third-party consents of its agreements currently in force and there will not be obligations, involving R$ 50,000,000.00 (fifty million reais) or more, individually or in the aggregate that may have declared their early termination (or other incident penalties) due to the Merger of Shares (“Obligations Subject to Early Termination”); or (ii) have liquidated all its Obligations Subject to Early Termination; or (iii) have a cash representing 100% (one hundred per cent) of the necessary amount to liquidate all the Obligations Subject to Early Termination (including any incident penalties);

Appears in 6 contracts

Samples: Association Agreement (StoneCo Ltd.), Association Agreement (StoneCo Ltd.), Association Agreement (StoneCo Ltd.)

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