Consent Process Sample Clauses
Consent Process. (i) In the event the Trustees are required to obtain the consent of the Legal Representative pursuant to Section 2.2(f) above, the Trustees shall provide the Legal Representative with a written notice stating that his or her consent is being sought pursuant to that provision, describing in detail the nature and scope of the action the Trustees propose to take, and explaining in detail the reasons why the Trustees desire to take such action. The Trustees shall provide the Legal Representative as much relevant additional information concerning the proposed action as is reasonably practicable under the circumstances, subject to reasonable claims of privilege. The Trustees shall also provide the Legal Representative with such reasonable access to experts retained by the PI Trust and its staff (if any) as the Legal Representative may reasonably request during the time that the Trustees are considering such action, and shall also provide the Legal Representative the opportunity, at reasonable times and for reasonable periods of time, to discuss and comment on such action with the Trustees.
(ii) The Legal Representative must consider in good faith and in a timely fashion any request for his or her consent by the Trustees, and must in any event advise the Trustees in writing of his or her consent or objection to the proposed action within 30 days of receiving the original request for consent from the Trustees. The Legal Representative may not withhold his or her consent unreasonably. If the Legal Representative decides to withhold consent, he or she must explain in detail his or her objections to the proposed action. If the Legal Representative does not advise the Trustees in writing of his or her consent or objections to the proposed action within 30 days of receiving the notice from the Trustees regarding such consent, the Legal Representative's consent shall be deemed to have been affirmatively granted.
(iii) If, after following the procedures specified in this Section 5.7(b), the Legal Representative continues to object to the proposed action and to withhold its consent to the proposed action, the Trustees and/or the Legal Representative shall resolve their dispute pursuant to the procedures set forth in Section 7.13.
Consent Process. Borrower acknowledges that Lender’s review of any changes and required consent may result in delays in construction and hereby consents to any such delays.
Consent Process. (i) In the event the Trustee is required to obtain the consent of the NAS Representative pursuant to section 2.2(h) above, the Trustee shall provide the NAS Representative with a written notice stating that their consent is being sought pursuant to that provision, describing in detail the nature and scope of the action the Trustee proposes to take, and explaining in detail the reasons why the Trustee desires to take such action. The Trustee shall provide the NAS Representative as much relevant additional information concerning the proposed action as is reasonably practicable under the circumstances. The Trustee shall also provide the NAS Representative and the NAS Representative Professionals with such reasonable access to the Trust Professionals as the NAS Representative may reasonably request during the time that the Trustee is considering such action, and shall also provide the NAS Representative the opportunity, at reasonable times and for reasonable periods of time, to discuss and comment on such action with the Trustee.
(ii) The NAS Representative must consider in good faith and in a timely fashion any request for its consent by the Trustee, and must in any event advise the Trustee in writing of its consent or its objection to the proposed action within thirty (30) days of receiving the original request for consent from the Trustee, or within such additional time as the Trustee and the NAS Representative may agree. The NAS Representative may not withhold its consent unreasonably. If the NAS Representative decides to withhold its consent, it must explain in detail its objections to the proposed action. If the NAS Representative does not advise the Trustee in writing of its consent or its objections to the action within thirty (30) days of receiving notice regarding such request (or the additional time period agreed to by the Trustee and the NAS Representative), the NAS Representative’s consent to the proposed actions shall be deemed to have been affirmatively granted.
(iii) If, after following the procedures specified in this section 6.7(b), the NAS Representative continues to object to the proposed action and to withhold its consent to the proposed action, the Trustee and the NAS Representative shall resolve their dispute pursuant to section 8.15. However, the burden of proof with respect to the reasonableness of the NAS Representative’s objection and withholding of its consent shall be on the NAS Representative.
Consent Process. If Lessor desires to lease any space at Levi’s Plaza or consent to an assignment or sublease to a prospective tenant that (i) is identified above as a Key Competitor, (ii) has been identified by Lessee as a Key Competitor in a writing delivered to Lessor after the date of this Amendment, or (iii) Lessor should reasonably believe, in Lessor’s reasonable judgment, based upon information provided to Lessor at such time, is a Key Competitor, Lessor will inform Lessee in writing in advance of entering into any binding agreement with such prospective tenant for any premises located within Levi’s Plaza (or, in the case of an assignment or sublease, prior to consenting to such assignment or sublease), which notice shall specify the name, type of business and proposed use by such prospective tenant; provided, however, in connection with Lessor’s consent to an assignment of a lease or sublease of space, no such limitation shall apply nor shall any notice to or consent of Lessee be required if the withholding of Lessor’s consent would violate the terms of the underlying lease or otherwise result in a violation of applicable law. If such prospective tenant/assignee/sublessee is an actual Key Competitor within the meaning of Paragraph 5(a) above, Lessee may withhold its consent to such proposed tenant/assignee/sublessee by written notice to Lessor delivered within six (6) business days after Lessor’s request, which notice shall indicate that such prospective tenant/assignee/sublessee is a Key Competitor together with a statement from Lessee explaining the basis on which the prospective tenant/assignee/sublessee constitutes a Key Competitor; provided, however, in connection with Lessor’s consent to an assignment of a lease or sublease of space, Lessee shall have no right to consent to or otherwise disapprove any such assignee or sublessee if the withholding of Lessor’s consent to any such assignment of a lease or subleasing of space would violate the terms of the underlying lease or otherwise result in a violation of applicable law. Failure of Lessee to approve or disapprove any such proposed tenant/assignee/sublessee within such six (6) business day period shall be deemed Lessee’s approval of such tenant/assignee/sublessee and such six (6) business day period shall constitute Lessee’s only review right with respect to such tenant/assignee/sublessee. Lessee’s determination of whether a prospective tenant/assignee/sublessee is a Key Competitor shall be made in good faith...
Consent Process. If Tenant requests Landlord’s consent to an assignment of this Lease or subletting of all or part of the Premises, Landlord may, at its option: (i) approve such sublease or assignment (but no approval of an assignment or sublease shall relieve Tenant of any liability hereunder); (ii) negotiate directly with the proposed subtenant or assignee and, in the event Landlord is able to reach agreement with such proposed subtenant or assignee, upon execution of a lease with such subtenant or assignee, terminate this Lease (in part or in whole, as appropriate) upon 30 days’ notice to Tenant; or (iii) recapture the Premises or applicable portion thereof from Tenant and terminate this Lease (in part or in whole, as appropriate) upon 30 days’ notice in which case Landlord shall be permitted to lease the Premises to any third party. If Landlord should fail to notify Tenant in writing of its decision within a 30 day period after Landlord is notified in writing of the proposed assignment or sublease, Landlord shall be deemed to have refused to consent to such assignment or subleasing, and to have elected to keep this Lease in full force and effect. In addition, in the event Tenant requests Landlord’s consent to any assignment of this Lease or subletting, simultaneously with such request. Tenant shall pay to Landlord a processing fee in the amount of $500.
Consent Process. Borrower acknowledges that Administrative Agent’s review and if applicable, Requisite Lenders’ review, of any changes and required consent may result in delays in construction and hereby consents to any such delays, but only delays for the time periods provided for such reviews by Administrative Agent and Requisite Lenders as set forth in this Agreement.
Consent Process. If, after twenty-five (25) days of GE’s receipt of a written request by Genworth for consent pursuant to this Schedule C, GE fails to send Genworth written notice of its decision regarding such consent, such consent shall be deemed granted. The initial contact person at GE to whom all requests for consent pursuant to this Schedule C shall be sent shall be Xxxxxxx Xxxxxxx (Senior Intellectual Property Counsel, Financial Services, General Electric Company, 0000 Xxxxxx Xxxxxxxx X0X-00, Xxxxxxxxx, XX 00000). GE may change such contact person from time to time upon prior written notice to Genworth. GENIUS® Applications 1 132193 52493.000160 2 135072 52493.000161 3 135965 52493.000162 4 129502 52493.000185 5 135017 52493.000229 6 135007 52493.000233 7 135063 52493.000234 8 135066 52493.000237 9 135068 52493.000238 10 135069 52493.000239 11 126469 52493.000295 12 126463 52493.000296 13 126931 52493.000303 14 139466 52493.000308 15 139470 52493.000309 16 129271 52493.000310
Consent Process. The Sellers shall use their commercially reasonable efforts (including providing Consent Concessions if necessary) to obtain and deliver to Investor a Consent for each Consent Lease prior to the Closing. Investor shall reasonably cooperate with the Sellers to obtain such Consents. The Sellers and Investor shall jointly control the process of obtaining Consents for the Consent Leases. All communications with a Consenting Landlord and Lender, including the form of Consent, shall be subject to the approval of both the Sellers and Investor. The Sellers shall not withhold their consent to the inclusion of lien waivers in connection with warehouse leases and a lease estoppel in such initial communication, however, the refusal of a Consenting Landlord to agree to such request shall not constitute grounds for rejection of such Consent. In obtaining a Consent, neither the Sellers nor the Company may agree to a modification of a Consent Lease without the prior written consent of Investor. The Sellers shall keep Investor apprised of the status of obtaining Consents and shall promptly deliver copies of all Consents obtained to Investor. The Sellers shall pay all Review Fees and Net Profit Payments in connection with any Lease.
Consent Process. If Tenant requests Xxxxxxxx’s consent to an assignment of this Lease or subletting of all or part of the Premises, Landlord may, at its option: (i) approve such sublease or assignment (but no approval of an assignment or sublease shall relieve Tenant of any liability hereunder); or (ii) if Landlord should fail to notify Tenant in writing of its decision within a ten (10) day period after Landlord is notified in writing of the proposed assignment or sublease, Landlord shall be deemed to have refused to consent to such assignment or subleasing, and to have elected to keep this Lease in full force and effect.
Consent Process. Borrower acknowledges that Bondowner Representative’s review of any changes and required consent may result in delays in construction and hereby consents to any such delays; provided, however, that Bondowner Representative will use its best efforts to review such changes in a timely manner.