Common use of Necessary Governmental Clause in Contracts

Necessary Governmental. AUTHORIZATIONS AND CONSENTS; EXPIRATION OF WAITING PERIODS, ETC. Borrowers shall have obtained all Governmental Authorizations and all consents of other Persons, in each case that are necessary in connection with the transactions contemplated by the Loan Documents, and the continued operation of the business conducted by Borrowers and their Subsidiaries in substantially the same manner as currently conducted, and each of the foregoing shall be in full force and effect, in each case other than those the failure to obtain or maintain which, either individually or in the aggregate, could not reasonably be expected to have a Material Adverse Effect. All applicable waiting periods shall have expired without any action being taken or threatened 69 CREDIT AGREEMENT by any competent authority which would restrain, prevent or otherwise impose adverse conditions on the financing. No action, request for stay, petition for review or rehearing, reconsideration, or appeal with respect to any of the foregoing shall be pending, and the time for any applicable agency to take action to set aside its consent on its own motion shall have expired.

Appears in 1 contract

Sources: Credit Agreement (La Quinta Corp)

Necessary Governmental. AUTHORIZATIONS AND CONSENTSAuthorizations and Consents; EXPIRATION OF WAITING PERIODSExpiration of Waiting Periods, ETCEtc. Borrowers Borrower shall have obtained all Governmental Authorizations and all consents of other Persons, in each case that are necessary or advisable in connection with the transactions contemplated by the Loan Documents, and the continued operation of the business conducted by Borrowers Borrower and their its Subsidiaries in substantially the same manner as currently conductedconducted prior to the Effective Date, and each of the foregoing shall be in full force and effect, in each case other than those the failure to obtain or maintain which, either individually or in the aggregate, could not reasonably be expected to have result in a Material Adverse Effect. All applicable waiting periods shall have expired without any action being taken or threatened 69 CREDIT AGREEMENT by any competent authority which that would restrain, prevent or otherwise impose adverse conditions on the financingtransactions contemplated by the Loan Documents. No action, request for stay, petition for review or rehearing, reconsideration, or appeal with respect to any of the foregoing shall be pending, and the time for any applicable agency Government Authority to take action to set aside its consent on its own motion shall have expired.

Appears in 1 contract

Sources: Credit Agreement (Grand Palais Riverboat Inc)

Necessary Governmental. AUTHORIZATIONS AND CONSENTSAuthorizations and Consents; EXPIRATION OF WAITING PERIODSExpiration of Waiting Periods, ETCEtc. Borrowers Company shall have obtained all Governmental Authorizations and all consents of other Persons, in each case that are necessary in connection with the Acquisition, the other transactions contemplated by the Loan Documents, Documents and the Related Agreements and the continued operation of the business conducted by Borrowers Company and their Subsidiaries in substantially its Subsidiaries, giving effect to the same manner as currently conductedconsummation of the Acquisition, and each of the foregoing shall be in full force and effect, in each case other than those the failure to obtain or maintain which, either individually or in the aggregate, could which would not reasonably be expected to have a Material Adverse Effect. All applicable ▇▇▇▇- ▇▇▇▇▇-▇▇▇▇▇▇ and other similar antitrust or anti-merger waiting periods shall have expired without any action being taken or threatened 69 CREDIT AGREEMENT by any competent governmental authority which would restrain, prevent or otherwise impose adverse conditions on the financingAcquisition or the financing thereof. No action, request for stay, petition for review or rehearing, reconsideration, or appeal with respect to any of the foregoing shall be pending, and the time for any applicable agency to take action to set aside its consent on its own motion shall have expired.

Appears in 1 contract

Sources: Credit Agreement (Arterial Vascular Engineering Inc)

Necessary Governmental. AUTHORIZATIONS AND CONSENTSAuthorizations and Consents; EXPIRATION OF WAITING PERIODSExpiration of Waiting Periods, ETCEtc. Borrowers Borrower shall have obtained all Governmental Authorizations and all consents of other Persons, in each case that are reasonably necessary in connection with the transactions contemplated by the Loan Documents, Documents and the continued operation of the business conducted by Borrowers Borrower and their its Subsidiaries in substantially the same manner as currently conducted, and each of conducted by Borrower prior to the foregoing Closing Date. Each such Governmental Authorization or consent shall be in full force and effect, except in each a case other than those where the failure to obtain or maintain whicha Governmental Authorization or consent, either individually or in the aggregate, could not reasonably be expected to have result in a Material Adverse Effect. All applicable waiting periods shall have expired without any action being taken or threatened 69 CREDIT AGREEMENT by any competent authority which that would restrain, prevent or otherwise impose adverse conditions on the financingtransactions contemplated by the Loan Documents. No action, request for stay, petition for review or rehearing, reconsideration, or appeal with respect to any of the foregoing shall be pending, and the time for any applicable agency Government Authority to take action to set aside its consent on its own motion shall have expired.

Appears in 1 contract

Sources: Credit Agreement (Central Garden & Pet Company)