Examples of Purchaser Consent in a sentence
Ecology and Buyer shall have entered into a Prospective Purchaser Agreement or Prospective Purchaser Consent Decree or Buyer shall have waived the Prospective Purchaser Contingency in accordance with Section 5.4 above.
Buyer desires to purchase and Seller desires to sell the Property only on the condition that before Closing the Buyer obtains from Ecology a Prospective Purchaser Agreement or a Prospective Purchaser Consent Decree regarding the Property in a form and with terms consistent with this Agreement and acceptable to the Buyer, in the Buyer’s sole discretion, which is filed with and approved by a court of competent jurisdiction.
With respect to any proposed Purchaser Consent Action to be submitted to Purchaser for its consent pursuant to the preceding sentence, Purchaser shall consent or deny its consent, within five (5) business days following receipt by Purchaser of Seller's notice requesting Purchaser's consent to the proposed action and providing Purchaser with all background information necessary for Purchaser to make its decision.
From the date hereof until the Closing, Seller shall not take, or allow any property manager retained by it to take, any Purchaser Consent Action, without the prior written consent of the Purchaser (which consent may be withheld in Purchaser's sole and absolute discretion).
It is understood that a non-discretionary lease renewal, expansion, surrender of space, sublease or assignment right or other similar right expressly set forth in an Existing Lease in favor of a tenant shall not be deemed to be a Purchaser Consent Action to the extent that the specific terms therefor are embodied in the lease in question and are non-subjective in nature.
Buyer’s obligation to purchase, and Seller’s obligation to sell, the Property is subject to Buyer’s procurement of the Prospective Purchaser Agreement or a Prospective Purchaser Consent Decree filed with and approved by a court of competent jurisdiction (the “Prospective Purchaser Contingency”).
This grid locational guidance is intended to provide MPs with information regarding areas on the transmission system where System Upgrade costs are likely based upon recent transmission system studies.
Buyer’s obligation to purchase, and Seller’s obligation to sell, the Property is subject to Xxxxx’s procurement of the Prospective Purchaser Agreement or a Prospective Purchaser Consent Decree filed with and approved by a court of competent jurisdiction (the “Prospective Purchaser Contingency”).
For example, if a renewal has been granted in favor of a tenant for a specific term and at a specified fixed dollar rent per square foot, such renewal will not be a Purchaser Consent Action.
On the other hand, if a renewal has been granted to a tenant for a specific term and at a fair market rent to be mutually agreed upon by the Seller and tenant, the ability of Seller to agree upon a fair market rent shall be a Purchaser Consent Action.