Obtaining Regulatory Approvals. As it is required by law, UL Lafayette shall fulfill its obligation to determine if it is required to obtain any type of approval, authorization, certificate, or license to deliver online instruction, advertise degree programs, or recruit Students. If UL Lafayette determines that it or its agents are required to obtain any sort of approval, authorization, certificate, or license in a state, then UL Lafayette shall obtain all such necessary approvals and shall communicate them to AP in a timely manner.
Obtaining Regulatory Approvals. Buyer agrees to use its best efforts to obtain, and to file with the appropriate regulatory authorities promptly all applications necessary to obtain, all approvals and consents necessary to complete the transactions contemplated hereby, including any such notices or applications required to be filed by Buyer with the Office of the Thrift Supervision. Seller agrees to use its best efforts to file promptly any regulatory applications and notices required to be filed by it in connection with the transaction.
Obtaining Regulatory Approvals. Buyer shall be responsible for the preparation and filing with the OTS of the applications and notices for approval of the transactions contemplated hereby except for any application under Section 563.22 of the OTS Regulations (“Transfer Application”) which may be required of Seller. Buyer shall use its best efforts to file all such applications and notices simultaneously with the execution hereof or as soon thereafter as reasonably feasible. Buyer shall pay any required filing fees for any application required to be filed by Buyer under applicable law. Buyer shall provide Seller with a copy of any such application and any related correspondence with such regulatory authorities contemporaneously with the filing or receipt of same. Buyer shall use its best efforts to perform and fulfill all conditions and obligations on its part to be performed or fulfilled hereunder and to effect Closing at the earliest possible date. Buyer shall cooperate with Seller in providing information for the Transfer Application.
