Examples of deemed consent in a sentence
Determination of Cure Disputes and Deemed Consent Following the Petition Date, the Debtors shall have served a notice on parties to executory contracts or unexpired leases to be assumed reflecting the Debtors’ intention to assume the contract or lease in connection with this Plan and, where applicable, setting forth the proposed cure amount (if any).
The parties agree that Sublessee's obligation to pay rent, as set forth in Paragraph 3 of the Sublease, shall commence on the first business day which is at least fifteen ( 15) days after the Deemed Consent Date.
If Landlord consents to a Transfer (other than a Section 14.8 Deemed Consent Transfer to a Permitted Transferee), as a condition thereto which the parties hereby agree is reasonable, Tenant shall pay to Landlord fifty percent (50%) of any "Transfer Premium," as that term is defined in this Section 14.3, received by Tenant from such Transferee.
Notwithstanding the foregoing, as between Sublandlord and Subtenant, the parties acknowledge and agree that Section 14.8 of the Master Lease (Deemed Consent Transfers) is incorporated herein by reference pursuant to Section 20.2 below, subject, however, to the terms and conditions set forth in Section 20.3(i) below.
The Annual Budget shall be subject to Administrative Agent’s approval not to be unreasonably withheld, conditioned or delayed (each such Annual Budget, an “Approved Annual Budget”) and to be subject to the Deemed Consent Mechanics.
In the event a Section 365 Deemed Consent for such lease and/or an Environmental Report complying with Section 11.13 is not obtained or a Title Defect is not cured as provided above within 60 days after the Closing Date, Buyer or Seller may elect to terminate this Agreement with respect to such Store Property.
Each executory contract and unexpired lease assumed or assumed and assigned pursuant to the Plan shall vest in and be fully enforceable by the Reorganized Debtors or Successful Bidder, as applicable, in accordance with its terms, except as modified by the provision of the Plan, any order of the Bankruptcy Court authorizing and providing for its assumption or applicable law.8.2. Determination of Assumption Disputes and Deemed Consent.
Notwithstanding anything to the contrary contained herein, Sublandlord shall not have the right to terminate this Sublease in accordance with this Section 26 in the event of a Deemed Consent Failure.
Unless otherwise agreed to by the Requisite Consenting Creditors in their sole discretion, (i) the Humana ROFR and (ii) the TRA shall each be deemed rejected under the Plan on the Effective Date.8.2 Determination of Cure Disputes and Deemed Consent.