Examples of Required Consent Contract in a sentence
If and when any such consents or approvals shall be obtained, then the Seller shall promptly assign its rights and obligations, if any, under the applicable Required Consent Contract to the Purchaser without payment of consideration and the Purchaser shall, without the payment of any consideration therefor, assume such rights and obligations.
In other circumstances, valuation techniques are adopted.Classification and subsequent measurementFinancial instruments are subsequently measured at fair value, amortised cost using the effective interest method, or cost.
In addition, except for the indemnity set forth in Section 10.2(vi) with respect to Required Consent Contracts, Purchaser shall not assert any claim for Losses arising, directly or indirectly, out of or in connection with the termination of any Required Consent Contract.
Shentel shall use its commercially reasonable efforts to obtain the consent of the applicable Customer under such Required Consent Contract.
Notwithstanding any other provision of this Agreement, Purchaser shall in no event be obligated to perform or otherwise be liable under any Required Consent Contract if Seller cannot provide Purchaser with the full benefit of such contract by arranging with the other party(ies) to such Required Consent Contract for Purchaser to perform under such Required Consent Contract, sublicensing such Required Consent Contract to Seller, acting as Purchaser's agent or otherwise.
Each party shall bear its own costs and expenses related to obtaining any required consent or approval under a Required Consent Contract hereunder; provided, however, that, except as otherwise expressly provided by this Agreement, none of the Sellers, the Buyer nor any of their respective Affiliates shall be required to expend any money, commence any Proceeding or offer or grant any financial accommodation to obtain any such consent or approval.
In the event of a Liquidation of the Corporation, the Conversion Rights shall terminate at the close of business on the last full day preceding the date fixed for the payment of any amounts distributable on Liquidation to the holders of Series N Preferred Stock.
Notwithstanding the foregoing, it is understood and agreed that Buyer may elect to terminate this Agreement in the event Sellers fails to obtain written consents to the assignment of any Required Consent Contract listed on SCHEDULE 7.6.
If the applicable Customer’s consent under a Required Consent Contract is not obtained prior to the Closing, such Required Consent Contract shall not be assigned to Sprint at the Closing and shall be retained by Shentel or its applicable Affiliate (each, a “Retained Consent Contract”).
With respect to any Assumed Contract or Third Party Lease as to which the consent or approval of a third Person is necessary (a “Required Consent Contract”), promptly after the Signing Date, and for a period of 6 months from and after the Closing, the Sellers and the Buyer will use their respective commercially reasonable efforts to obtain the required consent or approval of such third Person for the assignment, sale, conveyance or transfer of any such Required Consent Contract to the Buyer.