Condition Precedent – Legislative Approval Sample Clauses

Condition Precedent – Legislative Approval. Attached hereto and made a part hereof as Exhibit B is a term sheet setting forth the economic terms of the settlement and attached hereto and made a part hereof as Exhibit C is an Act Relating to Public Officers and Employees (the “Legislation”) which, if enacted, would amend Rhode Island Retirement Security Act to effectuate the terms of the Settlement set forth in Exhibit B (the “Settlement”). The Parties acknowledge that enactment of the Legislation can only be effected by action of the Rhode Island General Assembly. The Settlement is expressly conditioned on enactment of the Legislation attached as Exhibit C, provided that a change to the Legislation that solely addresses funding by the state and has no impact on levels of employee contributions or levels of employee benefits as set forth in the Legislation attached as Exhibit C shall not be a violation of this provision and provided further that a change to the Legislation that includes other participants in ERSRI or MERS on terms no different than those provided to Plaintiffs in the State’s final offer of March 13, 2015, attached hereto as Exhibit E, shall not be a violation of this provision.
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Condition Precedent – Legislative Approval. The Settlement is expressly conditioned on enactment of the Legislation by the Rhode Island General Assembly, provided that a change to the Legislation that solely addresses funding by the state or municipal employers and has no impact on levels of employee contributions or levels of employee benefits as set forth in the Legislation attached as Exhibit C shall not be a violation of this provision.

Related to Condition Precedent – Legislative Approval

  • Corporate Approval This Agreement has been approved by the Board, and has been duly executed and delivered by Employee and on behalf of the Company by its duly authorized representative.

  • City Approval All labor, materials, tools, equipment, and services shall be furnished and work performed and completed subject to the approval of City or its authorized representatives, and the quality of the workmanship shall be guaranteed for one year from date of acceptance.

  • Course Approval Approval for dual credit shall be by the LEA and POSTSECONDARY INSTITUTION representatives on a course-by-course basis each semester based on the student’s prior coursework, career pathway, and/or academic readiness. There is no state limit to the number of credits a student may earn through dual credit in an academic term; however, the student must meet eligibility requirements.

  • 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 (a) for the pledge by the Pledgor of any Collateral pursuant to this Pledge Agreement or for the execution, delivery, and performance of this Pledge Agreement by the Pledgor, or (b) for the exercise by the Collateral Agent of the voting or other rights provided for in this Pledge Agreement, or, except with respect to any Pledged Shares, as may be required in connection with a disposition of such Pledged Shares by laws affecting the offering and sale of securities generally, the remedies in respect of the Collateral pursuant to this Pledge Agreement.

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

  • Waiver of Notice; Approval of Meeting; Approval of Minutes The transactions of any meeting of Limited Partners, however called and noticed, and whenever held, shall be as valid as if it had occurred at a meeting duly held after regular call and notice, if a quorum is present either in person or by proxy. Attendance of a Limited Partner at a meeting shall constitute a waiver of notice of the meeting, except when the Limited Partner attends the meeting for the express purpose of objecting, at the beginning of the meeting, to the transaction of any business because the meeting is not lawfully called or convened; and except that attendance at a meeting is not a waiver of any right to disapprove the consideration of matters required to be included in the notice of the meeting, but not so included, if the disapproval is expressly made at the meeting.

  • Government Approval, Regulation, etc No authorization or approval or other action by, and no notice to or filing with, any governmental authority or regulatory body or other Person is required for the due execution, delivery or performance by the Borrower of this Amendment.

  • Requisite Approvals Upon execution of this Agreement, it will have taken all necessary actions pursuant to its governing documents or other legally sufficient means to fully authorize the execution and delivery of this Agreement and any transaction documents related hereto, and the consummation of the transactions contemplated hereby and thereby.

  • Vote/Approval Required No vote or consent of the holders of any class or series of capital stock of Parent is necessary to approve this Agreement or the Merger or the transactions contemplated hereby. The vote or consent of Parent as the sole stockholder of Merger Sub (which shall have occurred prior to the Effective Time) is the only vote or consent of the holders of any class or series of capital stock of Merger Sub necessary to approve this Agreement or the Merger or the transactions contemplated hereby.

  • 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.

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