Prudential Authorization Sample Clauses

The Prudential Authorization clause establishes that a party must obtain and maintain all necessary regulatory approvals or licenses from relevant financial or prudential authorities to perform its obligations under the agreement. In practice, this means that if a company is required by law to be authorized by a financial regulator (such as a central bank or financial conduct authority) to conduct certain activities, it must ensure such authorization is in place and kept current throughout the contract term. This clause ensures that all parties operate within the legal and regulatory framework, thereby reducing the risk of regulatory breaches and protecting both parties from potential penalties or contract invalidity due to lack of proper authorization.
Prudential Authorization. At the Closing, REIT OP shall have ------------------------ received a certificate, dated the Closing Date, signed by an officer of Prudential in such capacity and not individually to the effect set forth in Subsection 8.2.1 and certifying that Prudential has received all necessary ---------------- internal approvals and authorizations necessary in connection with its acquisition of the Units to be issued to Prudential pursuant to this Agreement.
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Prudential Authorization. At the Closing, Meridian shall have received a certificate, dated the Closing Date, signed an officer of Prudential in such capacity and not individually to the effect set forth in Subsection 8.2.1 and certifying that Prudential has received all necessary internal approvals and authorizations necessary in connection with its purchase of the Acquisition Common Stock.
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Prudential Authorization. 33 7.2.7 Site Survey Approval.................................. 33 7.2.8 Building Code Variances............................... 33 7.2.9 Cash Purchase and Sale Agreement Conditions........... 33 7.3 Waiver of Failure of Conditions Precedent.................... 33 7.4 Closing Date Extension....................................... 33
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Prudential Authorization. 29 7.2.7 Site Survey Approval......................................... 29 7.2.8 Building Code Variances...................................... 29 7.2.9 Contribution Agreement Conditions............................ 29 7.3 Waiver of Failure of Conditions Precedent........................... 30 7.4
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Related to Prudential Authorization

  • LEGAL AUTHORIZATION (a) The Sub-Recipient certifies that it has the legal authority to receive the funds under this Agreement and that its governing body has authorized the execution and acceptance of this Agreement. The Sub-Recipient also certifies that the undersigned person has the authority to legally execute and bind Sub-Recipient to the terms of this Agreement.

  • Governmental Authorization No approval, consent, exemption, authorization, or other action by, or notice to, or filing with, any Governmental Authority is necessary or required in connection with the execution, delivery or performance by, or enforcement against, any Loan Party of this Agreement or any other Loan Document.

  • Governmental Authorizations, Etc No consent, approval or authorization of, or registration, filing or declaration with, any Governmental Authority is required in connection with the execution, delivery or performance by the Company of this Agreement or the Notes.

  • Governmental Authorizations No authorization, approval or other action by, and no notice to or filing with, any governmental authority or regulatory body is required for either (i) the pledge or grant by any Loan Party of the Liens purported to be created in favor of Administrative Agent pursuant to any of the Collateral Documents or (ii) the exercise by Administrative Agent of any rights or remedies in respect of any Collateral (whether specifically granted or created pursuant to any of the Collateral Documents or created or provided for by applicable law), except for filings or recordings contemplated by subsection 5.16A and except as may be required, in connection with the disposition of any Pledged Collateral, by laws generally affecting the offering and sale of securities.

  • Governmental Authorizations; Private Authorizations; Governmental Filings It has obtained, maintained and kept in full force and effect all material Governmental Authorizations and material Private Authorizations which are necessary for it to properly carry out its business, and made all material Governmental Filings necessary for the execution and delivery by it of the Facility Documents to which it is a party and the performance by it of its obligations under this Agreement and the other Facility Documents to which it is a party.