Consent Condition definition

Consent Condition means, for any Underlying Asset proposed to be acquired by the Borrower or any Collateral Obligation subject to a Restructuring or Material Modification after it was acquired by the Borrower, a condition satisfied if the Requisite Lenders consent to such acquisition, Restructuring or Material Modification, as applicable (which, as to any Lender, such Lender may withhold in its sole and absolute discretion).
Consent Condition means receipt by the Company or its applicable subsidiaries of Consents (as defined below) from clients representing at least the Threshold Percentage of the Company’s aggregate assets under management in investment companies (or series thereof) registered under the Investment Company Act of 1940, as amended (the “Investment Company Act”), for which the Company or its subsidiaries provides investment management or advisory services pursuant to an investment advisory agreement (a “Fund”) as of the record date for the meeting of the shareholders of each such Fund held to vote on the Consent, as defined in the next sentence. As used herein, “Consent” shall mean the necessary approval of the board and shareholders of the applicable Fund pursuant to the provisions of Section 15 of the Investment Company Act of a new investment advisory agreement for such Fund having substantially the same terms as the agreement in effect immediately prior to the effectiveness of the new agreement. For purposes of determining whether the Consent Condition has been met, the calculation of the percentage of Consents received shall be made without regard to any change in the assets under management referred to in the first sentence of this definition resulting from changes in market value from and after the record date for the meeting of the shareholders of each Fund held to vote on the Consent.
Consent Condition means, prior to the execution of a supplemental indenture, the Issuer shall obtain one of the following: (A) Rating Agency Confirmation with respect to any Secured Notes not subject to a related Refinancing on such date, (B) the consent of a Majority of the Controlling Class, or (C) if the Issuer has provided an opportunity for a Majority of any Class of Secured Notes to object to such supplemental indenture no later than 10 Business Days after notice thereof, consent from a Majority of each Class of Secured Notes that has provided such objection; provided that, the Consent Condition shall be deemed satisfied if (x) such supplemental indenture is undertaken in connection with a Refinancing of the Secured Notes in whole or (y) other than with respect to any supplemental indenture that modifies or amends the Reinvestment Period Criteria, the Post-Reinvestment Period Criteria, the methodology used to calculate any Coverage Test, the definitions related thereto which affect the calculation thereof or restrictions on sales of Collateral Obligations set forth in the Indenture, the Collateral Quality Tests or the Concentration Limitations, if such supplemental indenture will not have a material adverse effect on any Class of Secured Notes (as certified by the Collateral Manager).

Examples of Consent Condition in a sentence

  • Condition 26 of the Conditions of Authority for ML 1535 also has requirements for Annual Review (formerly the AEMR) reporting which are generally consistent with the requirements of Development Consent Condition 9.1(b).

  • If any mutilated Security is surrendered to the Trustee, the Company and Xxxxx shall execute and the Trustee shall authenticate and make available for delivery in exchange therefor a new Security of like tenor and principal amount and bearing a number not contemporaneously outstanding.

  • If the Requisite Consent Condition is not satisfied, the proposed amendments may become effective with respect to a given series of Old Notes for which the Requisite Consents are received and the Requisite Consent Condition has been waived.

  • If the GS Consent Condition is not satisfied with respect to any Restructuring or any Material Modification of an Underlying Asset, such event will constitute a “Rejection Event” and the Underlying Asset will also constitute a “Rejected Underlying Asset” unless the GS Consent Condition is subsequently satisfied with respect to such Restructuring or Material Modification within three Business Days after GS receives a Reduction Notice for the related Reduction Event as described below.

  • Community Environmental Monitoring and Consultative Committee A CEMCC has been established for the CGM in accordance with Development Consent Condition 9.1(d).


More Definitions of Consent Condition

Consent Condition has the meaning given to it in Clause 9.1(A)(ii);
Consent Condition means (i) the receipt by the Company of the Requisite Consents to approve the Proposed Amendments to the Indenture and the Security Agreement and (ii) the execution and delivery of the new supplemental indenture and the amendment to the Security Agreement giving effect to the Proposed Amendments, on or before the Expiration Date. There can be no assurance that we will receive the Requisite Consents, and thus no assurance that the Consent Condition will be satisfied.
Consent Condition has the meaning given in Clause 4.1.5; “Consents Application” has the meaning given in Clause 4.2.7(i)(b); “CTA 2010” means Corporation Tax Xxx 0000; “Cyber VDD Report” means the cyber security due diligence report dated 26 January 2022 prepared by PricewaterhouseCoopers LLP; “Data Room” means the electronic data room hosted by Intralinks containing documents and information relating to the Existing XxxX Subsidiaries made available by the Seller online and recorded on a USB in the Agreed Form, the contents of which are listed in Schedule 1 to the Disclosure Letter;
Consent Condition shall have the meaning set forth in Section 8(c) of this Agreement.
Consent Condition means receipt of the Requisite Consents from the Holders of the Notes with respect to the Proposed Amendments and execution of the Supplemental Indenture providing for the Proposed Amendments. See Cover Page and Sections 1 and 5.
Consent Condition the receipt by the Company prior to the Expiration Date of the requisite consent of the holders of a majority of the outstanding shares of Series A Preferred Stock to the creation and issuance of the Series B Preferred Stock to be offered and sold in the New Offering. •
Consent Condition means that Borrower shall have delivered to Administrative Agent a fully executed agreement pursuant to which each of Sprint Spectrum L.P., Sprint Communications Company, L.P., WirelessCo, L.P., APC PCS, LLC, PhillieCo, L.P., and any other applicable party expressly consents to the collateral assignment of the Sprint Nextel Agreements to Administrative Agent, for the benefit of the Secured Parties, and to the exercise of associated remedies by Administrative Agent (and any successors, assignees, transferees, or designees), in form and substance satisfactory to the Requisite Lenders in their sole discretion.