Regulatory Clearances Sample Clauses
The Regulatory Clearances clause establishes the requirement that certain approvals or permissions from governmental or regulatory authorities must be obtained before a transaction or activity can proceed. In practice, this clause typically applies to mergers, acquisitions, or other business arrangements that may be subject to antitrust review, foreign investment controls, or industry-specific regulations. By specifying which party is responsible for seeking these clearances and outlining the process for obtaining them, the clause ensures that the parties comply with applicable laws and prevents the transaction from moving forward until all necessary regulatory hurdles have been cleared, thereby reducing legal and operational risks.
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Regulatory Clearances. ViewRay will have sole responsibility and authority for obtaining and maintaining regulatory clearance of the ViewRay system incorporating the Product (and all improvements or variations to such ViewRay system incorporating the Product developed during the term of this Agreement), including without limitation obtaining and maintaining approvals and clearances from the FDA and any other Regulatory Authority necessary for the ViewRay system incorporating the Product or the commercial distribution and sale of the ViewRay system incorporating the Product. All regulatory filings with the FDA or any other Regulatory Authority relating to the ViewRay system incorporating the Product will be made in the name of ViewRay or its designee and ViewRay will be responsible for maintaining the required records for such system.
Regulatory Clearances. 3.1 Take-Two shall be responsible for satisfying all Clearances and Regulatory Conditions and shall use reasonable endeavours to do so.
3.2 Except where otherwise required by Law or a Relevant Authority:
(a) Take-Two shall consult with Codemasters, in good faith and on a timely basis, and reasonably take into account in good faith the views of Codemasters with respect to the relevant Clearances in order to determine and seek to agree the strategy for satisfying such Clearances, including the strategy for contacting and corresponding with any relevant Regulatory Authority in relation to such Clearances (including preparing and submitting all filings, notifications, and/or submissions that are necessary or expedient for the purposes of satisfying the Clearances and Regulatory Conditions as promptly as is reasonably practicable);
(b) Take-Two shall contact and correspond with the Relevant Authorities in relation to the relevant Clearances including preparing and submitting to any Relevant Authority any filing, notification or submission that is necessary or expedient for the purposes of satisfying the Clearances and Regulatory Conditions as promptly as is reasonably practicable and in any event with sufficient time before any applicable deadline or due date (such acts to be done after prior consultation with Codemasters, unless any such contact or correspondence relates to purely administrative matters) and, without prejudice to the generality of the foregoing but subject to Codemasters complying with its obligations under clauses 3.3 and 3.5, by no later than 11:59 p.m. on 25 November 2020 Take-Two shall submit by electronic and/or paper copy (as may be required):
(i) a final merger filing to the Austrian Bundeswettbewerbsbehörde, prepared in accordance with the guidance issued by the Relevant Authority from time to time, so as to enable it to assess the Acquisition in the context of the applicable national merger control regime;
(ii) a final merger filing to the German Bundeskartellamt prepared in accordance with the guidance issued by the Relevant Authority from time to time, so as to request it to grant clearance of the Acquisition in the context of the applicable national merger control regime, and to enable it to undertake such an assessment; and
(iii) a final form briefing note to the CMA prepared in accordance with the guidance issued by the Relevant Authority from time to time, explaining why Take-Two does not propose to submit a merger notice to the...
Regulatory Clearances. The waiting period (and any extension thereof) applicable to the consummation of the Acquisition under (i) the HSR Act and (ii) the other Antitrust Laws identified in Section 7.1(c) of the Company Disclosure Letter shall have expired or been earlier terminated and any required approvals thereunder shall have been obtained (collectively, the "Clearances").
Regulatory Clearances. 3.1 Each party undertakes to cooperate with the other party and their respective professional advisers and use all reasonable endeavours to implement the Transaction in substantially the form contemplated by the 2.7
Regulatory Clearances. CRII shall have the right to apply for and maintain all regulatory clearances and other governmental approval required to market, sell and distribute the Product. All such regulatory approvals and clearances obtained by CRII throughout the term shall be the sole and exclusive property of CRII.
Regulatory Clearances. Any applicable waiting period or other consent, approval, waiver, clearance or other authorization under each Foreign Antitrust Law set forth on Schedule 8.1(b) to this Agreement relating to the transactions contemplated by this Agreement shall have expired, been terminated or obtained, as applicable.
Regulatory Clearances. Company acknowledges and agrees that the marketing and promotion of advertising opportunities on the Facebook Properties to Prospects in the Territory may require certain regulatory and governmental clearances, approvals, licenses, registrations, disclosures, fees and permits necessary to comply with Laws regarding such marketing and promotional activities. Company covenants and agrees that it will be solely responsible for (i) ensuring all content, information and material communicated in or via any Facebook e-mail address issued to Company complies with all Laws; and (ii) obtaining any and all such regulatory and governmental clearances, approvals, licenses. registrations, disclosures fees and permits necessary to perform Company’s obligations herein. Accordingly, Company is responsible for any and all costs and expenses associated with its compliance with this provision and will promptly deliver to Facebook accurate and complete documentation and evidence of its compliance with this provision that Facebook may request from time to time.
Regulatory Clearances.
22.1 The Parties shall cooperate in good faith with respect to taking all actions necessary and appropriate to promptly obtain the Regulatory Clearances.
22.2 The Parties shall use their reasonable efforts to seek to deal with complaints or objections, if any, as may be asserted with respect to this Agreement under any applicable laws, such as Competition Laws, including without limitation, providing explanations, agreeing to any terms, conditions or modifications acceptable to the Parties (such actions, “Disposition Actions”) with respect to obtaining the expiration or termination of any waiting period or any consents, permits, waivers, approvals, authorizations or orders in connection with the consummation of this Agreement; provided, however, none of the Parties shall be required to take such Disposition Actions hereunder.
22.3 The Parties shall use reasonable endeavours to jointly develop, and each of the Parties shall use reasonable endeavours to consult and cooperate with one another, and consider in good faith the views of one another, with respect to the strategy, timing and form (x) for obtaining the Regulatory Clearances; and (y) for responding to any request from, inquiry or investigation by, or execution of any remedy required by, any Governmental Authority that has authority to enforce any applicable laws, such as Competition Laws (including but not limited to directing the timing, nature and substance of all such responses, including but not limited to any analyses, appearances, presentations, memoranda, briefs, arguments, opinions and proposals made or submitted by or on behalf of any Party).
Regulatory Clearances. 3.1 Except where otherwise required by Applicable Law or a Relevant Authority, PPL shall, after consultation with Egdon:
3.1.1 determine the strategy for obtaining the Clearances;
3.1.2 promptly contact and correspond with the Relevant Authorities in relation to such Clearances (including preparing and submitting all necessary filings, notifications and submissions); and
3.1.3 be responsible for the payment of all filing fees (if applicable) in connection with the Clearances.
Regulatory Clearances. Licensee shall, at Licensee’s expense, comply with all regulations and safety standards concerning Licensed Products developed and commercialized by or under the authority of Licensee and obtain all necessary governmental approvals for the development, production, distribution, sale and use of Licensed Products developed and commercialized by or under the authority of Licensee, including any safety or clinical studies. Licensee shall have responsibility for and provide suitable warning labels, packaging and instructions as to the use for such Licensed Products.