IAA’s Information and Approvals Clause Samples

IAA’s Information and Approvals. 8.9.1. The Supplier is required to ascertain the correctness of any information provided by the IAA or anyone on its behalf, before or during the Contract Period, and to notify the IAA of any discrepancies or errors therein immediately after discovering such error. 8.9.2. The Supplier shall apply to receive IAA’s written consent, wherever IAA’s consent, explicitly or implied, is required according to this Contract or the Technical Specifications, without derogating however, from the Supplier’s responsibilities and liabilities. The IAA shall bear no responsibility or liability whatsoever in connection with the review (with or without objections) or with any approval given to, or denied from, the Supplier, with respect to any matter or document, including but without limitation drawings, design, plans, tests, or otherwise. 8.9.3. For any matter that requires the approval of the IAA according to this Contract and the Technical Specifications, the Supplier shall submit its proposal to the IAA, which shall review the proposal and shall either approve the Supplier's proposal or reject it (or any part thereof). Should the IAA reject Supplier's proposal, the IAA shall notify the Supplier of the reason of the rejection, and the Supplier shall then be obligated to furnish the IAA within the date stipulated by the IAA, with a revised proposal incorporating the IAA's comments. 8.9.4. Any proposal, inspection, examination, consent, approval or similar act executed or issued by the IAA under the Contract, shall not release the Supplier from its liabilities and obligations under the Contract. 8.9.5. Any failure by the IAA to inspect, examine, reject or otherwise exercise any function entrusted to it under the Contract, shall not release the Supplier from its liabilities and obligations under the Contract or be deemed a waiver thereof.
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Related to IAA’s Information and Approvals

  • Authorization and Approvals No authorization or approval or other action by, and no notice to or filing with, any Governmental Authority is required for the due execution, delivery and performance by the Borrower, the Parent, or any Guarantor of the Credit Documents to which it is a party or the consummation of the transactions contemplated thereby. At the time of each Borrowing, no authorization or approval or other action by, and no notice to or filing with, any Governmental Authority will be required for such Borrowing or the use of the proceeds of such Borrowing the absence of which could reasonably be expected to cause a Material Adverse Change.

  • Authorizations and Approvals Each Borrower shall promptly obtain, from time to time at its own expense, all such Governmental Approvals as may be required to enable such Borrower to comply with its obligations, under the Loan Documents and its Constituent Documents, and to conduct its business in the customary fashion.

  • Licenses and Approvals Contractor shall obtain and keep current all necessary licenses, approvals, permits and authorizations required by Applicable Laws to provide the Work. Contractor will be responsible for all fees and taxes associated with obtaining such licenses, approvals, permits and authorizations, and for any fines and penalties arising from its noncompliance with any Applicable Law.

  • Regulatory Consents and Approvals All consents, approvals and actions of, filings with and notices to any Governmental or Regulatory Authority necessary to permit Purchaser and Seller to perform their obligations under this Agreement and the Operative Agreements and to consummate the transactions contemplated hereby and thereby (a) shall have been duly obtained, made or given, (b) shall be in form and substance reasonably satisfactory to Purchaser, (c) shall not be subject to the satisfaction of any condition that has not been satisfied or waived and (d) shall be in full force and effect, and all terminations or expirations of waiting periods imposed by any Governmental or Regulatory Authority necessary for the consummation of the transactions contemplated by this Agreement and the Operative Agreements shall have occurred.

  • Regulatory Matters and Approvals Each of the Parties will give any notices to, make any filings with, and use its reasonable best efforts to obtain any necessary authorizations, consents, and approvals of governments and governmental agencies in connection with the transactions contemplated by this Agreement. Without limiting the generality of the foregoing: