1. These place the parties in a similar position to an asset sale, namely needing the consent of a third party. 2. The difficulty occurs where consent to the transfer of contracts is needed, whether it be consent to transfer of the benefit or of the burden. 3. Consent will be needed where there is a clear express prohibition in a relevant contract or where that contract is personal. 4. The substitution of the vendor before the sale would need the consent of each affected employee. 5. It will be necessary for the management to provide information to the investors, and they will need the consent of the vendor before doing so. 6. If Nextel chooses to sell more debt, it will need bondholder consent. 7. Of course, to implement this scenario without violating the constitution we need the consent of the president. 8. The necessary constitutional amendment needs the consent of the state-nominated upper house. 9. Their consent was needed because the bonds had terms allowing holders to veto plans that would severely increase the number of Marvel shares outstanding. |