Examples of Seller Consent in a sentence
In connection with seeking or obtaining any Required Seller Consent, neither ResCap nor any of its controlled Affiliates shall consent to the imposition of any limitations, restrictions or conditions applicable to Buyer, Subsidiary or any of the Subject Assets (including any modification of the MSRAs).
Without limiting the generality of the foregoing, ResCap shall use commercially reasonable efforts to obtain, prior to the Closing Date, all Required Seller Consents; provided, that, ResCap shall not have any obligation to pay any material fee to any Person for the purpose of obtaining any Required Seller Consent or any material costs and expenses of any Person resulting from the process of obtaining any Required Seller Consent.
The Bank, in accordance with the plan of conversion and reorganization as adopted by the Boards of Directors of each of the Melrose Parties (the “Plan”), intends to convert from the mutual form of organization to the stock holding company form of organization (the “Conversion”).
Seller and Shareholder hereby agree to use their best efforts to obtain each Seller Consent, and Buyer hereby agrees to use its best efforts to obtain each Buyer Consent, in each case as promptly as practicable hereafter.
In the event that Seller fails to obtain any such Seller Consent, Purchaser may elect to treat the underlying Customer Agreement as an Excluded Asset for all purposes of this Agreement.