Examples of Electorate Approval in a sentence
Seller is not a party to any material contract or agreement or subject to any restriction, respecting the Acquired Assets or otherwise, which would prevent or restrict the power or authority of Seller to enter into this Agreement and to consummate the transactions contemplated hereby, except for the Electorate Approval, and such contracts or agreements for which consent to the transfer of the Acquired Assets contemplated hereby is expected to be obtained prior to the Closing Date.
Seller has all requisite power and authority to enter into, consummate and perform this Agreement and carry out all of the terms and provisions of this Agreement, subject to Electorate Approval, any required approvals in the Chapter 9 Proceeding and receipt of consents which the Parties contemplate will be obtained prior to the Closing Date.
In the event for any reason the Electorate Approval is not received, then, commencing with the Initial Repayment Date, and on the last Business Day of each month thereafter through the Maturity Date, the Borrower shall cause the Outstanding Loan Amount to be repaid in installments payable on each such Repayment Date (each such payment, an “Amortization Payment”), with the final installment in an amount equal to the entire Outstanding Loan Amount to be repaid on the Maturity Date.
In the event that the Electorate Approval is received and the Lease is terminated or expires prior to the Maturity Date for any reason whatsoever, Lender may by written notice to the Borrower, declare that the entire Outstanding Loan Amount plus accrued and unpaid interest to the date of acceleration are immediately due and payable, in which case such amounts shall become immediately due and payable.
Tenant may exercise its Purchase Option by giving Landlord written Notice of Tenant’s intent to purchase the Designated Purchase Option Parcels (the “Option Exercise Notice”), which Option Exercise Notice shall set forth the desired closing date for the purchase (which shall not be more than sixty (60) days after the date of Electorate Approval of Sale) and shall contain a request that Landlord solicit Electorate Approval of Sale.
Except for the Electorate Approval, any required approvals in the Chapter 9 Proceeding and approvals which may be required in connection with the transfer of Government Authorizations, as contemplated under Section 2.1, neither the execution and the delivery of this Agreement by Seller, nor the 4 NTD: District to confirm spelling.
Except for the Electorate Approval, any required approvals in the Chapter 9 Proceeding and approvals which may be required in connection with the transfer of Government Authorizations, as contemplated under 8 NTD: District to provide names.