Negative Consent Notice definition

Negative Consent Notice has the meaning set forth in Section 6.10.
Negative Consent Notice means a notice provided by Seller or GAAI to any GAAI Advisory Client requesting written consent and informing such GAAI Advisory Client: (a) of the intention to complete the transactions contemplated by this Agreement, which will result in a deemed assignment of such GAAI Advisory Client’s GAAI Advisory Contract; (b) of the intention of GAAI to continue to provide the advisory services pursuant to the existing GAAI Advisory Contract with such GAAI Advisory Client after the Closing if such GAAI Advisory Client does not terminate such GAAI Advisory Contract prior to the Closing; and (c) that the consent of such GAAI Advisory Client will be deemed to have been granted if such GAAI Advisory Client continues to accept such advisory services without termination for a period of at least forty-five (45) days after the sending of the Negative Consent Notice.
Negative Consent Notice has the meaning set forth in Section 5.8(b)(ii). “New BlackRock Common Stock” has the meaning set forth in the recitals to this Agreement. “New BlackRock Preferred Stock” means Preferred Stock, par value $0.01 per share of, New BlackRock. “New BlackRock Series A Preferred Stock” has the meaning set forth in Section 1.2(b). “New BlackRock Shares” means the New BlackRock Common Stock and the New BlackRock Preferred Stock. “New Plan” has the meaning set forth in Section 5.14(b). “Non-Affiliate Interest” has the meaning set forth in Section 3.3(a). “Notice” has the meaning set forth in Section 5.8(b)(i). “NYSE” means the New York Stock Exchange. “Organizational Documents” means, with respect to any Person that is a corporation, its articles or certificate of incorporation or memorandum and articles of association, as the case may be, and bylaws; with respect to any Person that is a partnership, its certificate of partnership and partnership agreement; with respect to any Person that is a limited liability company, its certificate of formation and limited liability company or operating agreement; with respect to any Person that is a trust or other entity, its declaration or agreement of trust or constituent document; and with respect to any other Person, its comparable organizational documents, in each case, as has been amended or restated. “Payee Party” has the meaning set forth in Section 7.13. “Payor Party” has the meaning set forth in Section 7.13. “Permits” has the meaning set forth in Section 3.16(b). Annex A-14 Table of Contents

Examples of Negative Consent Notice in a sentence

  • The Negative Consent notice shall specify that consent for the deemed assignment of such Advisory Contract will be deemed to have been granted if no such written consent or approval is received from such party or, if applicable, corresponding Fund Investor, prior to 45 days (or for such longer period as set forth in Section ‎6.4(d) of the Company Disclosure Schedule) since the sending of the Negative Consent Notice (the “Negative Consent Period”).


More Definitions of Negative Consent Notice

Negative Consent Notice has the meaning set forth in ‎Section 8.02(a)(i).
Negative Consent Notice. Section 4.4(e)
Negative Consent Notice shall have the meaning set forth in Section 4.2(c)(ii).