Approving Agent definition

Approving Agent. The term “Approving Agent” shall mean, in the following order or precedence: A. THE PRUDENTIAL INSURANCE COMPANY OF AMERICA, a New Jersey corporation, whose present address is 100 Xxxxxxx Xxxx Drive, Building A, Suite 101, Sunnyvale, California 94086 (hereinafter referred to as “Prudential”), shall be the Approving Agent until Prudential shall have resigned as Approving Agent by executing a written resignation and causing an original of same to be recorded, and by giving written notice of such resignation to each Owner of record, as shown on the most recent county assessor’s roll, of real property then subject to this Declaration. B. Any association (whether or not incorporated) organized by the Owners of sixty-six and two-thirds percent (66-2/3%) of the land area (exclusive of portions dedicated to a public agency or authority for a public use) then subject to this Declaration for the purpose of acting as and assuming the functions of an Approving Agent, in which membership is available to all Owners and decisions are made on the basis of majority vote with one vote assigned for each square foot of land owned by each Owner, but only if the Owners organizing such association within not less than six (6) months from the date that Prudential shall have ceased to be the Approving Agent, shall have (i) organized such association and (ii) executed and recorded a statement in the form of an amendment to this Declaration as described in Paragraph 8.2 setting forth that such organization has been formed for the purpose of acting as Approving Agent pursuant to this Declaration and (iii) shall have, given written notice to all Owners of record of real property then subject to this Declaration that such association has been formed.
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Approving Agent. The term "Approving Agent" shall mean, in the following order or precedence:
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Approving Agent means, in the following order or precedence:
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Examples of Approving Agent in a sentence

  • Such presumption shall not apply if the review fee required by Paragraph 3.9 was not paid at the time the plans were first submitted to the Approving Agent.

  • If Applicant fails to commence construction of the structures within one (1) year from date of such approval, then the approval given pursuant to this Article shall be deemed revoked unless the Approving Agent upon request made prior to the expiration of said one (1) year period extends in writing the time for commencing work.

  • Neither the Declarant nor the Approving Agent shall be liable to any Owner, lessee, licensee, or occupant of land subject to this Declaration by reason of any mistake in judgment, negligence, nonfeasance, action or inaction or for the enforcement or failure to enforce any provision of this Declaration.

  • In the event that the Approving Agent shall fail to take action respecting the breach or violation of any of the provisions of this Declaration within thirty (30) days from the written demand by any Owner within the Oak Creek Business Park to take such action or if such breach or violation of this Declaration shall occur at such time as there is no Approving Agent, then any Owner of a lot within the Oak Creek Business Park shall have the right to enforce the provisions contained in this Declaration.

  • Testa asked for a motion to appoint the Approving Agent for Reimbursed Expenses.

  • Failure by the Approving Agent to enforce the provisions of this Declaration shall in no event be deemed a waiver of the right to do so thereafter, nor of the right to enforce any other covenants or restrictions herein, nor of the rights of other Owners of the property within the Oak Creek Business Park to enforce same.

  • Among other reasons, federal courts may decline to exercise supplemental jurisdiction over a claim if the district court has dismissed all claims over which it has original jurisdiction or if the claim raises a novel or complex issue of State law.

  • Any other matter which, in the judgment of the Approving Agent, would render the proposed structure or structures or use inharmonious with the general plan for improvement of the Oak Creek Business Park or with structures or landscaping then located upon or proposed to be located upon other lots or other properties within the Oak Creek Business Park.

  • So long as there is an Approving Agent it shall have the exclusive right to enforce the provisions hereof, without liability for failure so to do, except that each owner of record of land in the Restricted Area shall have the right to enforce the provisions hereof then applicable to any Site if the Approving Agent shall fail so to do within thirty (30) days after written request from any such owner.

  • Every Owner, lessee, licensee or occupant of any of said property by acquiring his interest therein agrees that he will not bring any action or suit against Prudential or any other Approving Agent to recover any such damages from or to seek equitable relief against the Declarant by reason of same.


More Definitions of Approving Agent

Approving Agent means, in the following order of precedence: (a) Company, so long as it owns of record any land in the Restricted Area; or thereafter (b) Any corporation, association or trust controlled by Company or with which Company has been merged or consolidated or by which Company has been acquired, all as certified of record by Company (hereinafter called Company's Successor) so long as it owns of record any land in the Restricted Area and provided it has been granted of record by Company the exclusive right to approve plans and grant variances as hereinafter set forth; or thereafter (c) Any association (whether or not incorporated) organized by a majority of the owners of record of land in the Restricted Area for the purpose, among others, of approving plans and granting variances as hereinafter provided, in which membership is available to all such owners without charge, provided Company or Company's Successor has granted to it of record the exclusive right to approve plans and grant variances as hereinafter set forth which Company agrees will be done by it or Company's Successor before Company or Company's Successor ceases to own of record any land in the Restricted Area, if written request therefor is received prior to that time.
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Approving Agent means 877103 B.C. Ltd.
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Approving Agent substantially in the forms attached hereto, and to obtain the other Estoppel Certificates and Certificates of Compliance from third parties substantially in the form attached hereto. It shall be a condition of Buyer's obligation to close that Buyer shall receive Certificate of Compliance from each of the declarants, and executed by the "Approving Agent" where applicable, under the Declarations of Restrictions applicable to all of the Projects (other than Project 751).
Sample 1
Approving Agent means, in the following order of precedence: (a) Cabot, so long as it owns of record any land in the Restricted Area, or thereafter (b) Any corporation, association or trust controlled by Cabot or with which Cabot has been merged or consolidated or by which Cabot has been acquired, all as certified of record by Cabot (herein-after called Cabot's Successor) so long as it owns of record any land in the Restricted Area and provided it has been granted of record by Cabot the exclusive right to approve plans and grant variances as hereinafter set forth, or hereafter (c) Any association (whether or not incorporated ) organized by a majority of the owners of record of land in the Restricted Area for the purpose, amont others, of approving plans and granting variances as hereinafter provided, in which membership is available to all such owners without charge, provided Cabot or Cabot's Successor has granted to it of record the exclusive right to approve plans and grant variances as hereinafter set forth which Cabot agrees will be done by it or Cabot's Successor before Cabot or Cabot's Successor ceases to own of record any land in the Restricted Area, if written request therefor is received prior to that time.
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Approving Agent. LEDCO, its successors or designees. (d.) "Property" - the real property described on attached Exhibit A. (e.) "Parcel" or “Parcels" - any tract or tracts of land within the Property. (f.) "Owner" or "Owners” - the record owner or owners of the fee simple title to a Parcel but not a mortgagee unless and until such mortgagee has acquired title to the fee to a Parcel pursuant to foreclosure, deed in lieu of foreclosure or other enforcement proceeding. (g.) "Occupant" or "Occupants" - any party or parties legally entitled to occupy and use any portion of a Parcel or Improvement.
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Approving Agent means the Manager, Land Development or any other representative of the City Lands Department designated from time to time by the chief administrator of the City Lands Department; File #: 06-2290-30/19-027/1 Doc #: 3358740.v1
Sample 1

Related to Approving Agent

  • Approving Officer means Richard S. Pzena, John P. Goetz, Ben Silver, Allison Fisch, or designee.

  • Approving Authority means a government (federal, provincial or municipal), governmental agency, Crown corporation, or quasi-governmental authority (a privately operated organization exercising authority delegated by legislation or a government).

  • DIP Agent means the administrative agent for the DIP Lenders as defined in the DIP Credit Agreement.

  • Borrower Agent as defined in Section 4.4.

  • Bank Agent means Bank of America, N.A., in its capacity as administrative agent for the Bank Lenders under the Bank Credit Agreement, and its successors and assigns in such capacity.

  • Authorized Borrower Representative means a person at the time designated and authorized to act on behalf of the Borrower by a written certificate furnished to the Governmental Lender, the Funding Lender, the Fiscal Agent and the Servicer and containing the specimen signature of such person and signed on behalf of the Borrower by its Borrower Controlling Entity which certificate may designate one or more alternates.

  • Disbursing Agent means the Reorganized Debtors or the Entity or Entities selected by the Debtors or the Reorganized Debtors, as applicable, to make or facilitate distributions pursuant to the Plan.

  • Tender Agent means, with respect to each Group of 2021 Series J Variable Rate Bonds, The Bank of New York Mellon, a New York banking corporation, and its successors and any corporation resulting from or surviving any consolidation or merger to which it or its successors may be a party, or any successor Tender Agent appointed in accordance with the terms of this Supplemental Resolution.

  • Borrower Representative has the meaning assigned to such term in Section 11.01.

  • Authorizing agent means a person who is legally entitled to

  • Agent Bank means, in relation to a Series of Securities, the entity (if any) appointed as such under the Agency Agreement and as specified in the Issue Terms.

  • Structuring Agent means PNC Capital Markets LLC, a Pennsylvania limited liability company.

  • Revolving Agent means the collateral agent (or the administrative agent acting as collateral agent) under any Revolving Credit Agreement, and its successors and assigns in such capacity and, from and after the execution of a Revolving Credit Substitute Facility, one or more other agents, collateral agents, trustees or similar contractual representatives for one or more holders of indebtedness or other Obligations evidenced thereunder or governed thereby and its successors and assigns in such capacity, but in no event shall any Obligor or Affiliate thereof be, or appoint, the Revolving Agent.

  • Responsible Bidder means a Bidder that has the capability in all respects to perform the requirements of the Contract. In determining whether a Bidder is a Responsible Bidder, the Agency may consider various factors including, but not limited to, the Bidder’s competence and qualifications to provide the goods or services requested, the Bidder’s integrity and reliability, the past performance of the Bidder relative to the quality of the goods or services offered by the Bidder and the best interest of the Agency and the State.

  • Second Lien Administrative Agent means the “Administrative Agent” as defined in the Second Lien Credit Agreement.

  • Funding Agent or "agents" means an investment firm, trust bank, or other financial

  • Required Banks means at any time Banks having more than 50% of the aggregate amount of the Commitments or, if the Commitments shall have been terminated, holding Notes evidencing more than 50% of the aggregate unpaid principal amount of the Loans.

  • Existing Agent has the meaning assigned to such term in the recitals hereto.

  • Responsive and Responsible Bidder means an entity or individual that has submitted a bid that conforms in all material respects to the Invitation to Bid and has the capability in all respects to fully perform the contract requirements and the integrity and reliability that will assure good faith performance. “Responsive and Responsible Vendor” means an entity or individual that has submitted a proposal, reply, or response that conforms in all material respects to the Request for Proposals, Invitation to Negotiate, or Competitive Solicitation and has the capability in all respects to fully perform the contract requirements and the integrity and reliability that will assure good faith performance. In determining whether an entity or individual is a Responsive and Responsible Bidder (or Vendor), the District may consider, in addition to factors described in the Invitation to Bid, Request for Proposals, Invitation to Negotiate, or Competitive Solicitation, the following:

  • Authorized Issuer Representative means any person at the time designated to act on behalf of the Issuer by a written certificate furnished to the Company and the Trustee containing the specimen signature of such person and signed on behalf of the Issuer by its Chairman. Such certificate may designate an alternate or alternates.

  • Borrowing Agent means any of the following:

  • Disbursement Agent means Deutsche Bank National Trust Company, a national banking association, and its successors in interest, as disbursement agent under the Custodial and Disbursement Agreement, and any successor Disbursement Agent under the Custodial and Disbursement Agreement.

  • Obligors’ Agent means the Company, appointed to act on behalf of each Obligor in relation to the Finance Documents pursuant to Clause 2.4 (Obligors’ Agent).

  • Construction Agent means the Lessee in its capacity as construction agent pursuant to the Construction Agency Agreement.

  • Lead Borrower has the meaning assigned to such term in the preamble of this Agreement.

  • Authorized City Representative means the Mayor, the City Manager or such other Person at the time designated to act on behalf of the City as evidenced by written certificate furnished to the Developer and the Trustee containing the specimen signature of such Person and signed on behalf of the City by its Mayor or City Manager. Such certificate may designate an alternate or alternates, each of whom may perform all duties of the Authorized City Representative.