1998 FUNDING ORDER AND TARIFFS; OTHER APPROVALS Sample Clauses

1998 FUNDING ORDER AND TARIFFS; OTHER APPROVALS. (i) The 1998 Funding Order pursuant to which the 1998 Transition Property has been created has been duly entered by the ICC, is valid and binding, is Final and is in full force and effect; (ii) the 1998 Initial Tariff is in full force and effect and is not subject to modification by the ICC except as provided under the Funding Law; (iii) as of the issuance of the Notes, the Notes are entitled to the protections provided in Section 18-104(c) of the Funding Law and, accordingly, the 1998 Funding Order, the 1998 Transition Property and the IFCs are not revocable by the ICC; (iv) the ICC may not reduce, postpone, impair or terminate the 1998 Transition Property, the 1998 Funding Order or the IFCs; (v) the process by which the 1998 Funding Order was adopted and approved and the 1998 Initial Tariff was filed, and the 1998 Funding Order and the 1998 Initial Tariff themselves, comply with all applicable laws, rules and regulations and the ICC may not revoke, amend or otherwise change the 1998 Initial Tariff in any manner which would defeat the expectations of the Holders to receive IFC Payments on a timely basis; and (vi) no other approval, authorization, consent, order or other action of, or filing with, any court, Federal or state regulatory body, administrative agency or other governmental instrumentality is required in connection with the grant of the 1998 Transition Property, except those that have been obtained or made.
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1998 FUNDING ORDER AND TARIFFS; OTHER APPROVALS. At the Closing Date, under the laws of the State of Illinois and the United States in effect on the Closing Date, (i) the 1998 Funding Order pursuant to which the 1998 Transition Property has been created has been duly entered by the ICC, is in full force and effect; (ii) the 1998 Initial Tariff is in full force and effect and is not subject to modification by the ICC except as provided under the Funding Law; (iii) as of the issuance of the Notes, the Notes are entitled to the protections provided in Section 18-104(c) of the Funding Law and, accordingly, the 1998 Funding Order is not revocable by the ICC; (iv) neither the State of Illinois nor the ICC may reduce, postpone, impair or terminate the 1998 Transition Property or the 1998 Funding Order; (v) the process by which the 1998 Funding Order was adopted and approved and the 1998 Initial Tariff was filed, and the 1998 Funding Order and the 1998 Initial Tariff themselves, comply with all applicable laws, rules and regulations; and (vi) no other approval, authorization, consent, order or other action of, or filing with, any court, Federal or state regulatory body, administrative agency or other governmental instrumentality is required in connection with the grant of the 1998 Transition Property, except those that have been obtained or made and those filings described in Section 3.07.
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Related to 1998 FUNDING ORDER AND TARIFFS; OTHER APPROVALS

  • Other Approvals All regulatory approvals required to consummate the transactions contemplated hereby shall have been obtained and shall remain in full force and effect and all statutory waiting periods in respect thereof shall have expired (all such approvals and the expiration of all such waiting periods being referred to herein as the "Requisite Regulatory Approvals").

  • Consents, Approvals, Etc No consent, approval, authorization, filing with or order of any court or governmental agency or body is required in connection with the transactions contemplated herein or in the Trust Agreement, the Warrant Agreement, the Securities Subscription Agreement, the Private Placement Warrants Purchase Agreement, the Registration Rights Agreement, or the Insider Letter, except for the registration under the Act and the Exchange Act of the Securities, and such as may be required under the state securities or blue sky laws of any jurisdiction in connection with the purchase and distribution of the Securities by the Underwriters in the manner contemplated herein and in the Registration Statement, Statutory Prospectus and the Prospectus.

  • Consents, Approvals and Requests Unless otherwise specified in this Agreement, all consents and approvals, acceptances or similar actions to be given by either Party under this Agreement shall not be unreasonably withheld or delayed and each Party shall make only reasonable requests under this Agreement.

  • Approvals, Etc The Insurer has received true and correct copies of all approvals, licenses and consents, if any, required in connection with the Transaction;

  • Certain Approvals 19 Section 5.24

  • Authorization, Approval, etc No authorization, approval, or other action by, and no notice to or filing with, any governmental authority, regulatory body or any other Person is required either

  • Regulatory and Other Authorizations; Notices and Consents (a) Each party shall, and shall cause its Affiliates to, use its reasonable best efforts to (i) promptly obtain all authorizations, consents, orders and approvals of all Governmental Authorities that may be or become necessary in connection with the Stock Purchase; (ii) cooperate fully with each other in promptly seeking to obtain all such authorizations, consents, orders and approvals; and (iii) provide such other information to any Governmental Authority as such Governmental Authority may reasonably request in connection herewith. Each party hereto shall, and shall cause its respective Affiliates to, make promptly its respective filing, if necessary, pursuant to the HSR Act with respect to the transactions contemplated by this Agreement. Acquiror shall, with the reasonable assistance of the Company, the Seller Guarantors and the Sellers, make as promptly as practicable any filings and notifications, if any, under any other applicable Antitrust Law and each party shall supply as promptly as practicable to the appropriate Governmental Authorities any additional information and documentary material that may be reasonably requested pursuant to applicable Antitrust Law. Each of Acquiror, on the one hand, and the Seller Guarantors, the Sellers, NewCo and the Company, on the other hand, acknowledges and agrees that it shall pay and shall be solely responsible for the payment of 50% of all filing fees associated with such filings (in the case of the Seller Guarantors, the Sellers, NewCo and the Company, such amounts shall be Transaction Expenses).

  • Regulatory and Other Approvals Purchaser will (a) take all reasonable steps necessary or desirable, and proceed diligently and in good faith and use all reasonable efforts, at the earliest commercially practicable dates, to obtain all consents, approvals or actions of, to make all filings with and to give all notices to Governmental or Regulatory Authorities or any other Person required of Purchaser to consummate the transactions contemplated hereby and by the Operative Agreements, including those described in Section 3.03 of the Disclosure Schedule and Purchaser Required Regulatory Approvals or for Purchaser to own, operate or maintain, on and after the Closing, the Assets substantially as such assets are currently owned, operated and maintained by Seller, (b) provide such other information and communications to such Governmental or Regulatory Authorities or other Persons as such Governmental or Regulatory Authorities or other Persons may reasonably request in connection therewith and (c) provide reasonable cooperation to Seller in obtaining Seller Required Regulatory Approvals and all other consents, approvals or actions of, making all filings with and giving all notices to Governmental or Regulatory Authorities or other Persons required of Seller to consummate the transactions contemplated hereby and by the Operative Agreements. Prior to making any filings with a Governmental or Regulatory Authority pursuant to this Section 5.01, Purchaser agrees to provide copies of such filings to Seller. Nothing in this Agreement shall require Purchaser to institute litigation or to pay or agree to pay any sum of money or make financial accommodations (other than the payment or incurrence of customary expenses and filing or other fees) in order to obtain any necessary consent, approval or authorization including, without limitation, the Purchaser Required Regulatory Approvals. Purchaser will provide prompt notification to Seller when any such consent, approval, action, filing or notice referred to in clause (a) above is obtained, taken, made or given, as applicable, and will advise Seller of any communications (and, unless precluded by Law, provide copies of any such communications that are in writing) with any Governmental or Regulatory Authority or other Person regarding any of the transactions contemplated by this Agreement or any of the Operative Agreements.

  • Authorization; Approvals The issuance of the Policy and the execution, delivery and performance of this Agreement and the Insurance Agreement have been duly authorized by all necessary corporate proceedings. No further approvals or filings of any kind, including, without limitation, any further approvals of or further filings with any governmental agency or other governmental authority, or any approval of the Insurer’s board of directors or stockholders, are necessary for the Policy, this Agreement and the Insurance Agreement to constitute the legal, valid and binding obligations of the Insurer.

  • Lender Approvals Unless expressly provided herein to the contrary, any approval, consent, waiver or satisfaction of Agent or Lenders with respect to any matter that is the subject of this Agreement, the other Financing Documents may be granted or withheld by Agent and Lenders in their sole and absolute discretion and credit judgment.

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