Government Approval Clause Samples
The Government Approval clause requires that certain actions, transactions, or agreements are contingent upon obtaining necessary permissions or authorizations from relevant governmental authorities. In practice, this means that parties must secure all required licenses, permits, or regulatory clearances before proceeding with activities such as mergers, acquisitions, or the import/export of goods. This clause ensures legal compliance and mitigates the risk of penalties or invalidation of the agreement due to lack of official approval.
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Government Approval. If any further authorizations, approvals, registrations or filings with any governmental or public regulatory body or authority of the United States, any state thereof or any other jurisdiction required for the performance by the Borrower of this Agreement should hereafter become necessary, obtain or make, or cause to be obtained or made, all such authorizations, approvals, registrations or filings.
Government Approval. Boeing and Customer will assist each other in obtaining any governmental consents or approvals required to effect certification and sale of aircraft under the applicable purchase agreement.
Government Approval. 21 7.14 Use of Proceeds.............................................21
Government Approval. Customer will use its best efforts to obtain approval for the purchase of the Aircraft from the Government of the People’s Republic of China as soon as practicable after the signing of this Letter Agreement, and will advise Boeing promptly after such approval has been obtained.
Government Approval. A summary of the agreed schedule, number of team members involved, hours of work, contact person and signature of all team members involved will be submitted for government approval to: Hours of Work Specialist Ministry of Labour ▇▇▇ ▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇ ▇▇▇ ▇▇▇ CAMI and the Union have discussed the matter of responsibility for repair and maintenance of machinery and equipment. Both parties expressed their endorsement of the following principles:
Government Approval. Boeing and Customer both acknowledge that it is necessary for Customer to obtain government approval to import the Aircraft into the People’s Republic of China (Government Approval). Customer agrees to use best efforts to obtain Government Approval and notify Boeing promptly in writing as soon as approval has been obtained. In cooperation with Customer, Boeing shall provide reasonable assistance to Customer in preparing informational materials relating to the Purchase Agreement and the Aircraft which Customer advises are reasonably required for the Government Approval process. Customer shall advise Boeing as soon as practical of the specific assistance which Customer plans to request from Boeing.
Government Approval. No authorization or approval or other action by and no notice to or filing with, any Governmental Authority is required for the due execution, delivery and performance by such Guarantor of this Agreement.
Government Approval. 3.01 The Company's obligation to provide the benefits herein provided is subject to the requirement that acceptance by the Minister of National Revenue of the Plan and any amendments thereto as a "Registered Pension Fund or Plan" as defined in the Income Tax Act, entitling the Company to deduct its contributions hereto under the Income Tax Act or any other applicable tax laws in Canada (as such laws are now in effect or are hereafter amended or enacted) is obtained and that such acceptance is continued thereafter. The obligation to provide the benefits as herein provided is subject also to the requirement that the Plan is accepted for registration under all applicable laws now or hereafter enacted and that such acceptance and registration is continued thereafter. The Company shall submit the Plan and any amendments thereto and such reporting information in connection therewith as may be required for the purpose of obtaining such acceptance and registration.
3.02 In the event that any change in the Plan is necessary to obtain such acceptance and continued registration, a corresponding revision shall be made in this Agreement. Provided however, that such a change in the Agreement shall be a matter for further negotiations between the parties. in negotiating any such revision, the parties shall adhere as closely as possible to the intent of the Company and the Union as expressed in this Agreement.
Government Approval. Any approval, authorization, consent or registration of a Governmental Authority that is at any time necessary to enable the Company to comply with any of its obligations under any of the Loan Documents is revoked, withdrawn, withheld or otherwise not in full force and effect and is not reinstated to the satisfaction of the Lender within the earlier of (i) ten (10) days after such revocation, withdrawal, withholding or other loss of effectiveness or (ii) the third (3rd) Business Day before the day in which it shall be required to enable the Company to comply with its obligations under the Loan Documents; or
Government Approval. If any Shareholder gives a notice requesting early ------------------- termination under article 16.4 and the Board resolves according to article 8.
