Consent or Approval definition
Examples of Consent or Approval in a sentence
The Company is not (and immediately after consummation of the Merger and the other transactions contemplated by this Agreement shall not be) an investment company within the meaning of, or a company controlled by an investment company within the meaning of, or otherwise subject to any provisions of, the Investment Company Act of 1940, as amended (the "Investment Company Act") and the rules and regulations of the SEC thereunder.
No Governmental Consent or Approval Required...................................................
No Consent or Approval of any Person is required in connection with the execution and delivery of this Agreement and the completion of the transaction contemplated by this Agreement.
To the extent that Buyer is provided the benefits pursuant to this Section 1.5 of any such Assigned Contract or other Acquired Asset, Buyer shall perform the obligations of Seller thereunder or in connection therewith with respect to periods following the Closing, but only to the extent that such obligation would have been a Liability of Buyer but for the fact that such Consent or Approval has not been so obtained.
The Certificate of Contribution Effectiveness shall specify any Oncor Nontransferable Rights at the time of Closing, which Nontransferable Rights will not be transferred at the Closing, but instead will be transferred or assigned to Contributee (or Contributee’s successor) (pursuant to documentation reasonably acceptable to Contributee (or Contributee’s successor)) if and when any applicable Consent or Approval is obtained as contemplated by Section 1.04.
In such event, at Buyers’ option, Buyers may elect to waive the condition to Closing requiring such Consent or Approval and proceed with the Closing or delay Closing until such Consent or Approval is obtained by Sellers and delivered to Buyer.
Notwithstanding anything in this Agreement to the contrary and without limitation of Purchaser's rights under Article VIII, this Agreement shall not constitute an agreement to assign, transfer or convey any Acquired Asset, any Assumed Contract or any Permit, if an agreement to assign the same without the consent of a third party thereto would violate the terms thereof or constitute a breach thereof or violate any Legal Requirement until such Consent or Approval has been obtained.
Notwithstanding the foregoing, to the extent a landlord or lessor under an Assumed Contract or Lease requires that a reasonable administrative, processing, expediting or legal fee be paid in connection with obtaining Consent or Approval for assignment, Seller shall pay any such fee.
No Governmental Consent or Approval Required...................................................19 5.19.
Section 29.1 Effect of Granting or Failure to Grant Approvals or Consents 135 Section 29.2 Remedy for Refusal to Grant Consent or Approval 135 Section 29.3 No Unreasonable Delay; Reasonable Satisfaction 135 Section 29.4 No Fees, Etc.