BCC Approval Sample Clauses

BCC Approval. (a) The Parties agree that no consent, approval, or waiver of, or notice to, the California Bureau of Cannabis Control (the "BCC") is required in connection with the Transaction prior to the Closing; provided, that, BCC approval of the Transaction will be required after Closing in order to fully vest GABY with the authority to lawfully own the Miramar Shares (the "BCC Approval"). GABY shall be responsible for making such filings with and responding to inquiries from the BCC (and any other applicable regulatory authority) following Closing as shall be required in order to receive the BCC Approval (the "BCC Filings"), and GABY shall cause such initial BCC Filings to be made as soon as practicable following the Closing, and in any case within fourteen (14) days immediately following the Closing. Each Vendor and the Vendors' Representative agree to take such steps as are reasonably requested by regulatory counsel for Miramar in connection with the BCC Filings, including the provision of required information that is in the possession of such Vendors.
Sample 1
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BCC Approval. In order to purchase the Purchased Assets, the Parties acknowledge that Buyer is required to obtain a State License from the BCC. Prior to the execution of this Agreement, Buyer has filed a State License application for the Licensed Premises with the BCC. In addition to acquiring a State License, Buyer may be required to obtain additional permits and consents from the BCC in connection with acquiring the Purchased Assets and establishing operations at the Licensed Premises. Upon receipt of the State License and upon such time that the Parties are able to confirm in a writing from the BCC that Buyer is permitted to acquire the Purchased Assets and assume operations at the Licensed Premises, “BCC Approval to the Closing” shall be deemed to have been received. Buyer shall be responsible for costs associated with the State License Application.
Sample 1

Related to BCC Approval

  • FCC Approval Notwithstanding anything to the contrary contained in this Agreement or in the other Loan Documents, neither the Administrative Agent nor any Lender will take any action pursuant to this Agreement or any of the other Loan Documents, which would constitute or result in a change in control of the Borrower or any of its Subsidiaries requiring the prior approval of the FCC without first obtaining such prior approval of the FCC. After the occurrence of an Event of Default, the Borrower shall take or cause to be taken any action which the Administrative Agent may reasonably request in order to obtain from the FCC such approval as may be necessary to enable the Administrative Agent to exercise and enjoy the full rights and benefits granted to the Administrative Agent, for the benefit of the Lenders by this Agreement or any of the other Loan Documents, including, at the Borrower’s cost and expense, the use of the Borrower’s best efforts to assist in obtaining such approval for any action or transaction contemplated by this Agreement or any of the other Loan Documents for which such approval is required by Law.

  • HSR Approval The applicable waiting period under the HSR Act shall have expired or been terminated.

  • NASDAQ Approval The Company shall have filed with Nasdaq a Notification Form: Listing of Additional Shares for the listing of the Shares.

  • FCC Consent The FCC Consent shall have been granted without the imposition on Seller of any conditions that need not be complied with by Seller under Section 6.1 hereof and Buyer shall have complied with any conditions imposed on it by the FCC Consent.

  • Antitrust Approval The Company and the Purchaser acknowledge that one or more filings under the HSR Act or foreign antitrust laws may be necessary in connection with the issuance of shares of Company Common Stock upon conversion of the Notes. The Purchaser will promptly notify the Company if any such filing is required on the part of the Purchaser. To the extent reasonably requested, the Company, the Purchaser and any other applicable Purchaser Affiliate will use reasonable efforts to cooperate in timely making or causing to be made all applications and filings under the HSR Act or any foreign antitrust requirements in connection with the issuance of shares of Company Common Stock upon conversion of Notes held by the Purchaser or any Purchaser Affiliate in a timely manner and as required by the law of the applicable jurisdiction; provided that, notwithstanding in this Agreement to the contrary, the Company shall not have any responsibility or liability for failure of Purchaser or any of its Affiliates to comply with any applicable law. For as long as there are Notes outstanding and owned by Purchaser or its Affiliates, the Company shall as promptly as reasonably practicable provide (no more than four (4) times per calendar year) such information regarding the Company and its Subsidiaries as the Purchaser may reasonably request in order to determine what foreign antitrust requirements may exist with respect to any potential conversion of the Notes. The Purchaser shall be responsible for the payment of the filing fees associated with any such applications or filings.

  • Prior Approval The Engineer shall not assign, subcontract or transfer any portion of professional services related to the work under this contract without prior written approval from the State.

  • Requisite Approvals Upon execution of this Agreement, it will have taken all necessary actions pursuant to its articles of incorporation, by-laws and other governing documents to fully authorize (i) the execution and delivery of this Agreement and any transaction documents related to this Agreement; and (ii) the consummation of the transaction contemplated by this Agreement.

  • 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

  • No Regulatory Approval By the Company or Parent, if its Board of Directors so determines by a vote of a majority of the members of its entire Board, in the event any Requisite Regulatory Approval shall have been denied by final, nonappealable action by such Governmental Authority or a Governmental Authority shall have requested the permanent withdrawal of an application therefor.

  • Member Approval The “vote” or “approval” of the Members shall mean approval by a majority percentage of Membership Interest. Members shall vote or approve by their percentage interest as shown on Exhibit A of this Agreement. No annual or regular meetings of the Members are required. However, if such meetings are held, such meetings shall be noticed, held and conducted pursuant to the Act.

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