Foreign Investment Clearance. (a) No French Group Member holds a national defense secrecy accreditation.
Foreign Investment Clearance. The foreign investment notification has been made with the French Ministère de l’Economie et des Finances pursuant to articles L.151-3 and R.153-1 and seq. of the French Code Monétaire et Financier, and in relation to said notification, (i) the Ministère de l’Economie et des Finances has provided notification that the transactions contemplated hereunder do not fall within its approval requirement pursuant to the above-mentioned legislation, (ii) the underlying approval has been granted or (iii) all appropriate waiting periods (including any extensions thereof) have expired, lapsed or been waived (the “Foreign Investment Approval”).
Foreign Investment Clearance. The foreign investment notification has been made with the French Ministry of Economy, Finance and Recovery (Ministère de l’Economie, des Finances et de la Relance) pursuant to articles L.151-3 and R.151-1 and seq. of the French Code Monétaire et Financier, and in relation to said notification, (i) the French Ministry of Economy, Finance and Recovery (Ministère de l’Economie, des Finances et de la Relance) has provided notification that the transactions contemplated hereunder do not fall within its approval requirement pursuant to the above-mentioned legislation, (ii) the underlying approval has been granted or (iii) all appropriate waiting [*] = Certain confidential information contained in this document, marked by brackets, has been omitted and filed separately with the Securities and Exchange Commission pursuant to Rule 24b-2 of the Securities Exchange Act of 1934, as amended. periods (including any extensions thereof) have expired, lapsed or been waived (the “Foreign Investment Approval”).
Foreign Investment Clearance. In order to obtain the Foreign Investment Clearance, Buyer has made appropriate and complete submissions, notifications and filings with the French Minister of Economy, subject to the reception of all information required from the Seller. Buyer has received the Foreign Investment Clearance on June 29, 2020. The Seller shall ensure at any time for a five (5) year period from the Closing Date that a person from the Seller’s group is in charge of the restrictive areas (zones à régime restrictif) of the Owned Real Property which store the chemolibraries (chimiothèques) of the Sellers’s group, so that the Buyer shall not be in breach of its commitments vis-à-vis the French State in the context of the Foreign Investment Clearance. Buyer shall ensure that during the same period of time, neither Buyer nor the Company shall give access to such restrictive areas to any person that has not been authorized by Seller in accordance with such commitments. As soon as possible following the Closing Date, the Parties shall enter into an agreement providing for the practical conditions for the request and grant of such authorization.
Foreign Investment Clearance. (a) The Buyer agrees, as soon as practicable after the date of this Agreement, to make the compulsory filing with the Foreign Investment Authority in order to obtain the Foreign Investment Clearance.
Foreign Investment Clearance. (i) The Purchaser shall use its reasonable best efforts to file, as soon as practicable after the date of this Agreement, all notices, reports and other documents required or reasonably requested to be filed with the French Ministry of Economy with respect to the Contemplated Transactions, and to submit promptly any additional information requested by the French Ministry of Economy. Purchaser shall respond as promptly as practicable to any inquiry or request received from the French Ministry of Economy for additional information or documentation in relation to the Foreign Investment Clearance. Subject to the confidentiality provisions of the Confidentiality Agreement, each of Purchaser and the Company shall promptly supply the other with any information that would reasonably be expected to be required in order to effectuate any filing (including any application) pursuant to (and to otherwise comply with its obligations set forth in) this Section 7.1(a).
