Approval of Formal Agreements Clause Samples

Approval of Formal Agreements. Notwithstanding any other provision of this Agreement, every Limited Partner, upon execution of this Agreement by such Limited Partner, shall automatically be deemed to have approved the following resolution: 11.19.1 Ontario First Nations (2008) Limited Partnership (“the Partnership”) enter into, execute and deliver the Closing Agreement (“Closing Agreement”) to be dated the Closing Date (as defined in the Closing Agreement) between Her Majesty the Queen in Right of Ontario (the Province”), Ontario Lottery and Gaming Corporation (“OLG”), Ontario First Nations Limited Partnership (“OFNLP”), the Partnership and Indian Associations Co-Ordinating Committee of Ontario Inc. (“Chiefs of Ontario”), which approval shall be conclusively evidenced by the execution of the Closing Agreement, which shall also provide conclusive evidence that the executed agreement is the Closing Agreement authorized by this resolution (together, the Closing Agreement and the Gaming Revenue Sharing and Financial Agreement (as each of such terms is defined below) are referred to as the “Formal Agreements”); 11.19.2 the Partnership enter into, execute and deliver the Gaming Revenue Sharing and Financial Agreement (the “Gaming Revenue Sharing and Financial Agreement”) to be dated the Closing Date between the Province, OLG, OFNLP and the Partnership, which approval shall be conclusively evidenced by the execution of the Gaming Revenue Sharing and Financial Agreement, which shall also provide conclusive evidence that the executed agreement is the Gaming Revenue Sharing and Financial Agreement authorized by this resolution; and 11.19.3 any officer or director of OFN 2008 General Partner is authorized and directed to execute and deliver for and in the name and on behalf of OFN 2008 General Partner, in its capacity as general partner of the Partnership, under its corporate seal or otherwise, all certificates, instruments, agreements, conveyances, transfers, notices, affidavits and other documents, and to do all other acts and things, as in the opinion of that officer or director are necessary or desirable in connection with the foregoing resolutions, the Formal Agreements and the performance by the Partnership of its obligations under the Formal Agreements.
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Related to Approval of Formal Agreements

  • Approval of Agreement The Board of Directors of the Company has authorized the execution and delivery of this Agreement by the Company and has approved this Agreement and the transactions contemplated hereby.

  • Certificate of Formation The execution of the Certificate of Formation and the filing thereof in the office of the Secretary of State of the State of Delaware are hereby ratified, confirmed and approved.

  • Approval of Plan Approval of the Plan by the Commissioner of Internal Revenue as referred to in 17.1 means a continuing approval sufficient to establish that the Plan and related trust(s) are at all times qualified and exempt from income tax under Section 401(a) and other applicable provisions of the Internal Revenue Code of 1986, and that contributions made by the Company under the Plan are deductible for income tax purposes in accordance with law. The cognizant governmental authorities referred to in 17.1 include, without limitation, the Department of Labor, the Pension Benefit Guaranty Corporation and the Securities and Exchange Commission, and their approval means their confirmation with respect to any matter within their regulatory authority that the Plan does not conflict with applicable law.

  • Approval of Plans Landlord will not check Tenant drawings for building code compliance. Approval of the Final Plans by Landlord is not a representation that the drawings are in compliance with the requirements of governing authorities, and it shall be Tenant’s responsibility to meet and comply with all federal, state, and local code requirements. Approval of the Final Plans does not constitute assumption of responsibility by Landlord or its architect for their accuracy, sufficiency or efficiency, and Tenant shall be solely responsible for such matters.

  • NOTICE OF FORMAL PROCEEDINGS The Trust, MFS, and the Company agree that each such party shall promptly notify the other parties to this Agreement, in writing, of the institution of any formal proceedings brought against such party or its designees by the NASD, the SEC, or any insurance department or any other regulatory body regarding such party's duties under this Agreement or related to the sale of the Policies, the operation of the Accounts, or the purchase of the Shares.