Approval Condition. Means of enclosure [Pre-Occupation Condition] Before occupation of the development hereby approved, details of the design and specifications of the means of enclosure including boundary treatment of the site shall be submitted to and approved in writing by the Local Planning Authority. The agreed boundary enclosure details shall be subsequently erected prior to the occupation of any of the units provided under this permission and such means of enclosure shall thereafter be retained and maintained to the boundaries of the site. Reason: In the interests of the visual amenities of the area and to protect the amenities and privacy of the occupiers of adjoining property.
Approval Condition means that the Merger Agreement shall not have been amended or modified to change the Merger Consideration payable under the Merger Agreement to the Company Stockholders. For the purpose of clarification, any adjustment to the Merger Consideration pursuant to Section 1.15 of the Merger Agreement shall not constitute an amendment or modification to the Merger Consideration for purposes of the immediately preceding sentence.
Approval Condition. Means of Enclosure [Residential Pre- Commencement Condition] No development shall be commenced on the residential phase of development until details of all means of enclosure on the site have been submitted to and approved in writing by the Local Planning Authority. The approved scheme shall be implemented before the development is brought into use. The means of enclosure shall subsequently be retained to the satisfaction of the Local Planning Authority. REASON:: In the interests of the visual amenities of the area and to protect the amenities and privacy of the occupiers of adjoining property
Examples of Approval Condition in a sentence
Tenant shall keep Landlord reasonably apprised on a periodic basis of its progress in achieving the satisfaction of Approval Condition.
Notwithstanding any other provision of this Lease to the contrary, Tenant shall cause a Tenant Affiliate to submit a License Application to the NYSGC in pursuit of the License and at all times during the Term hereof use reasonable commercial efforts to ensure the Gaming License Condition is satisfied, and all other aspects of the Approval Condition are achieved and satisfied and thereafter remain in full force and effect for the duration of the Term hereof.
For the avoidance of doubt, failure by Tenant to satisfy the Approval Condition on or before the date that is the third (3rd) annual anniversary of the Term Commencement Date shall not be an Event of Default under this Lease or give Landlord any right to terminate this Lease.
Landlord and Xxxxxx acknowledge and agree that the submission of the License Application in pursuit of the License as well as the inclusion herein of the Approval Condition (hereinafter defined) is a material consideration of the Parties to enter into this Lease.
More Definitions of Approval Condition
Approval Condition with respect to the COLT 200_-_ Secured Notes and any action or proposed action related thereto, that each Rating Agency then rating the Rated Notes shall have notified the Servicer, the COLT Owner Trustee and the COLT Indenture Trustee that such action will not result in a reduction or withdrawal of its rating on the Rated Notes.
Approval Condition means that (i) the BCA and the transactions as set forth therein shall have been approved by the Board of Directors of the Company and such approval shall not have been withdrawn and (ii) the BCA shall not have been amended or modified to change the Exchange Consideration payable under the BCA to the Company Shareholders.
Approval Condition means that (i) the Merger Agreement and the transactions as set forth therein shall have been approved by the Board of Directors of the Company and such approval shall not have been withdrawn and (ii) the Merger Agreement shall not have been amended or modified to change the Merger Consideration payable under the Merger Agreement to the Company Stockholders. For the purpose of clarification, any adjustment to the Merger Consideration pursuant to Section 1.15 of the Merger Agreement shall not constitute an amendment or modification to the Merger Consideration for purposes of the immediately preceding sentence.
Approval Condition means that Borrower has elected to request Additional Loans pursuant to Section 1.1(a)(iii) hereof and has received the approval for such request from (x) a majority of the independent directors of the Board of Directors of Parent Guarantor, (y) to the extent such individuals are on the Board of Directors of Parent Guarantor at the time of such request, and such loan is funded by a fund or account managed by Coliseum Capital Management, LLC (a “Coliseum Managed Account”), Xxxx Xxxxxx and Xxxxx Xxxxxx and (z) if at the time of such request, such loan is provided by a Coliseum Managed Account and Innohold, LLC owns at least one-third of the common stock, members’ equity or other ownership interest of Parent Guarantor not held by a Coliseum Managed Account or its affiliates, Innohold, LLC. Upon any such funding of Additional Loans, the Borrower shall deliver an updated Schedule 1.1 to the Lenders and Collateral Agent reflecting such Additional Loans.
Approval Condition means the Condition set out in paragraph 1 of Schedule 1 (Conditions to Completion);
Approval Condition with respect to any event or circumstance and each Rating Agency, either (a) written confirmation by such Rating Agency that the occurrence of such event or circumstance will not cause such Rating Agency to downgrade or withdraw its rating assigned to any of the Rated Notes or (b) that such Rating Agency shall have been given notice of such event at least ten days prior to the occurrence of such event (or, if ten days’ advance notice is impracticable, as much advance notice as is practicable) and such Rating Agency shall not have issued any written notice to the Servicer, the COLT Owner Trustee and the COLT Indenture Trustee that the occurrence of such event will cause such Rating Agency to downgrade or withdraw its rating assigned to any of the Rated Notes.
Approval Condition. Means of Enclosure (Performance Condition) Notwithstanding the provisions of the Town and Country Planning General Permitted Development Order 1995 (or any other Order revoking or re-enacting this Order) no walls, fences or other permanent means of enclosure shall be erected within Development Zone 2. Reason To safeguard the open character and appearance of this important area of open space adjoining a Scheduled Ancient Monument.