Required Closing Date Approvals Clause Samples
The Required Closing Date Approvals clause sets out the specific consents, permits, or authorizations that must be obtained before a transaction can be finalized on the agreed closing date. Typically, this includes regulatory approvals, third-party consents, or internal corporate authorizations necessary for the parties to legally complete the deal. By clearly identifying these prerequisites, the clause ensures that all essential conditions are met before closing, thereby reducing the risk of delays or legal complications.
Required Closing Date Approvals. The approval of any insurance regulatory authorities that may be required for the reinsurance of the Policies by the Reinsurer pursuant to the terms and provisions of the Coinsurance Agreement.
Required Closing Date Approvals. The approvals set forth on Schedules 3.2 and 4.2.
Required Closing Date Approvals. The consent or approval of any Governmental Authority and any other Person designated as a “Required Closing Date Approval” on Schedule 3.1(d) or Schedule 4.1(d).
Required Closing Date Approvals. The authorization and/or approval of the Louisiana Department of Insurance of the execution, delivery and performance of this Agreement by Company and the approval of the execution, delivery and performance of this Agreement by the Board of Directors of Company and Coinsurer.