Requisite Consent definition

Requisite Consent has the meaning ascribed to it in Section 4.II(z).

Requisite Consent means all permissions, consents, approvals, certificates, permits, licences, statutory agreements and authorisations required by the law and all necessary consents and agreements from third parties to carry out the Work in accordance with this Contract.

Requisite Consent means the prior written consent of each of the Sponsors, for so long as such Sponsor holds at least ten (10%) of the shares of Ordinary Shares then outstanding.

Examples of Requisite Consent in a sentence

• In the event that the Operating Partnership determines that a structure change is necessary, advisable or desirable, the Operating Partnership, may elect, in its sole and absolute discretion, to effect an Alternate Transaction, provided that the Requisite Consent would be sufficient to approve such Alternate Transaction.

• To exercise the right of Requisite Consent Conversion, the Investor exercising such right must provide written notice thereof to the Company.

• If this Note becomes subject to such a Requisite Consent Conversion and the Investor fails to satisfy such conditions, no additional interest will accrue on this Note and this Note will be deemed to have been canceled and converted as of the date of the Requisite Consent Conversion to the applicable number of shares of Conversion Securities, which the Company may withhold until this Note is received by the Company.

• To the extent Requisite Consent is finally judicially determined by a court of competent jurisdiction to have not been validly obtained in accordance with the Indenture or applicable laws, the Proposed Amendments shall not be deemed to have occurred.

• Any vacancy caused by the removal or resignation of any of the five (5) Directors designated by the Requisite Consent of Common Members pursuant to 3.3(a) shall be filled only by an appointee of the Requisite Consent of Common Members.

More Definitions of Requisite Consent

Requisite Consent shall have the meaning set forth in Section 2.2(a).

Requisite Consent has the meaning assigned to such term in Section 6.21(c).

Requisite Consent has the meaning set forth in Section 11.7.1

Requisite Consent shall have the meaning set forth in Section 5.6(b).

Requisite Consent means the consents and approvals necessary to the consummation of the Transactions from:

Requisite Consent means the consent of the Investor Groups having a pecuniary interest over a majority of the shares of Common Stock over which the Investor Groups then have a pecuniary interest, including at all times for so long as there are at least two Sponsor Groups that each have a pecuniary interest in at least 20% of the shares of Common Stock over which such Sponsor Group has a pecuniary interest as of the date of this Agreement, the consent of at least two of the Sponsor Groups and at any time as there is only one Sponsor Group that has a pecuniary interest in at least 20% of the shares of Common Stock over which such Sponsor Group has a pecuniary interest as of the date of this Agreement, the consent of such Sponsor Group.

Requisite Consent means the written consent of the holders of at least a majority of the aggregate principal amount of the outstanding 12% Notes as to any amendment or waiver in respect of the 12% Indenture and the holders of at least a majority of the aggregate principal amount of the outstanding 11 1/2% Notes as to any amendment or waiver in respect of the 11 1/2% Indenture.