CalSTRS Approval. CalSTRS must receive and approve the pre-retirement reduction prior to the employee participating in the program.
CalSTRS Approval Sample Clauses
Related to CalSTRS Approval
Seller’s Approval Buyer must obtain Seller’s approval, in writing, to any change to the letter described in Section IV(c) regarding the financial institution, type of financing, or allocation of closing costs; and
CONTROLLER'S APPROVAL CRS §24-30-202(1). This contract shall not be valid until it has been approved by the Colorado State Controller or designee.
BOARD’S APPROVAL The 2021 Supplemental Food and Beverage Leasing Agreement was approved by the Board. As at the date of this announcement, there are no overlapping directors between the Company and each of the Parent Company or Beijing Airport Food Management. Certain executive and non-executive Directors concurrently serve as the general manager and deputy general managers of the Parent Company only, and there is no overlapping senior management between the Company and Beijing Airport Food Management. Moreover, none of the Directors personally has any material interest in the transactions contemplated under the 2021 Supplemental Food and Beverage Leasing Agreement. Therefore, none of the Directors has abstained from voting at the Board meeting to approve the 2021 Supplemental Food and Beverage Leasing Agreement and the transactions contemplated thereunder. LISTING RULES IMPLICATIONS As at the date of this announcement, the Parent Company is the controlling shareholder of the Company, holding approximately 58.96% of the issued share capital of the Company. Since Beijing Airport Food Management is a wholly-owned subsidiary of the Parent Company, Beijing Airport Food Management is therefore a connected person of the Company. Therefore, the transactions contemplated under the 2021 Supplemental Food and Beverage Leasing Agreement constitute continuing connected transactions of the Company under Chapter 14A of the Listing Rules. Pursuant to Rule 14A.54 of the Listing Rules, as the 2021 Supplemental Food and Beverage Leasing Agreement constitutes a material change to the terms of the 2017 Food and Beverage Leasing Agreement (as amended by the 2020 Supplemental Food and Beverage Leasing Agreement), the Company will be required to re-comply with the relevant requirements of Chapter 14A of the Listing Rules. As the highest applicable percentage ratio (as defined under Rule 14.07 of the Listing Rules) in respect of the 2021 Supplemental Food and Beverage Leasing Agreement is more than 0.1% but less than 5%, the transactions contemplated thereunder are subject to the annual review, reporting and announcement requirements, but are exempt from the Independent Shareholders’ approval requirements under Chapter 14A of the Listing Rules.
Plan Approval 5.5.1.1 The A/E shall secure the required structural, plumbing, HVAC, and electrical plan approvals.
FAA APPROVAL This Agreement may be subject to approval of the FAA. If the FAA disapproves this Agreement, it will become null and void, and both Parties will bear their own expenses relative to this Agreement, up to the date of disapproval.
Project Approval The County may issue a Job Order Authorization for the Work, to include the firm-fixed-price of the Job Order and the project duration. Contractor agrees that all clauses of this Contract are applicable to any Job Order issued hereunder. The County reserves the right to reject a Contractor’s Quote based on unjustifiable quantities and/or methods, performance periods, inadequate documentation, or other inconsistencies or deficiencies on the Contractor’s part in the sole opinion of the County. The County reserves the right to issue a unilateral Job Order authorization for the Work if a Quote price cannot be mutually agreed upon. This is based upon unjustifiable quantities in the sole opinion of the County. The County also reserves the right to not issue a Job Order Authorization if the County’s requirement is no longer valid or the project is not funded. In these instances, the Contractor has no right of claim to recover Quote expenses. The County may pursue continuing valid requirements by other means where Contract was not reached with the Contractor.
