Examples of Formal Objection in a sentence
The QSF Trustee may extend the Formal Objection Deadline with permission from the Bankruptcy Court.
If the Master Property Manager, on the one hand and the Agent, the Valuation Agent and any Lenders submitting a Formal Objection, on the other hand are unable to agree on a budget, the Approved Budget for the next calendar year shall be the same as the most recent prior Approved Budget.
No Initial Objection shall constitute a Formal Objection pursuant to which the Lenders exercise their objection rights granted by this Agreement until such time as such objection meets each of the requirements of a Formal Objection (including but not limited to being posted in a sub-folder designated for formal objections on an internet data site to which all of the Lenders, the Borrower Representative and the Administrative Agent have access).
Upon receipt of such certification, the Agent may request additional detail from the Master Property Manager and, upon the Agent’s receipt of all requested detail, the Agent may approve (subject to the right of the Lenders to submit a Formal Objection within three (3) Business Days after notice of the Agent’s approval is posted to the Data Site by the Master Property Manager) or not approve such excess.
If the proposed budget is approved, then such proposed budget shall be the Approved Budget for the next calendar year, subject to the right of the Lenders to submit a Formal Objection within five (5) Business Days after the proposed Annual Budget is initially posted to the Data Site.
Anyone may submit a comment in a public comment forum.Comments and the Formal Objection Process: A distinction should be made between application comments, which may be relevant to ICANN’s task of determining whether applications meet the established criteria, and formal objections that concern matters outside those evaluation criteria.
Any Formal Objection shall be deemed to be a denied consent until such time that it is approved by the Agent and the objecting Lender.
If the proposed budget is not approved, then the Master Property Manager, on the one hand and the Agent, the Valuation Agent and any Lenders submitting a Formal Objection, on the other hand, shall cooperate to prepare a proposed budget that is acceptable to the Valuation Agent.
No Initial Objection shall constitute a Formal Objection pursuant to which the Lenders exercise their objection rights granted by this Agreement until such time as such objection meets each of the requirements of a Formal Objection (including but not limited to being posted in a sub-folder designated for formal objections on a Data Site).
Upon the posting of an such Formal Objection, the Agent shall contact the objecting Lender and discuss such objecting Lender’s stated objections.