Required Efforts to Obtain Required Regulatory Approvals Sample Clauses

Required Efforts to Obtain Required Regulatory Approvals. (i) If any approval or consent is sought by Avista or NorthWestern pursuant to Section 7.6(a) or if any approval or consent is required from any Governmental Authority as a result of any Change in Law prior to the Closing, for the abandonment by Avista or the acquisition by NorthWestern of the Avista Colstrip Units 3&4 Interests or any other transaction that is the subject of this Agreement (any such approval or consent, a “Required Regulatory Approval”), each Party shall (A) use its Commercially Reasonable Efforts to: gather and obtain all necessary information to complete its respective filings in connection with any such Required Regulatory Approval (including all reports, studies, and exhibits related thereto); consult with the other Party regarding any such filings, and consider and incorporate all reasonable comments (if any) submitted by the other Party or its representatives; and the Parties shall make such filings as soon as practicable; (B) prior to and during the pendency of any notice and approval period with respect to such filings, (1) consult with the other Party prior to providing any supplemental information to the applicable Governmental Authorities, provide prompt written notice to the other Party of all discussions and correspondence with the applicable Governmental Authorities that reasonably relate to or bear upon such filings, and, to the extent permitted by applicable Law, not object to or oppose a reasonable opportunity by such other Party to participate in any such discussions, and (2) use all Commercially Reasonable Efforts and act in good faith to expedite and obtain any Required Regulatory Approvals.
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Required Efforts to Obtain Required Regulatory Approvals. (i) If any approval or consent is sought by Avista or NorthWestern pursuant to Section 7.6(a) or if any approval or consent is required from any Governmental Authority as a result of any Change in Law prior to the Closing, for the abandonment by Avista or the acquisition by NorthWestern of the Avista Colstrip Units 3&4 Interests or any other transaction that is the subject of this Agreement (any such approval or consent, a “Required Regulatory Approval”), each Party shall (A) use its Commercially Reasonable Efforts to: gather and obtain all necessary information to complete its respective filings in connection with any such Required Regulatory Approval (including all reports, studies, and exhibits related thereto); consult with the other Party regarding any such filings, and consider and incorporate all reasonable comments (if any) submitted by the other Party or its representatives; and the Parties shall make such filings as soon as practicable;

Related to Required Efforts to Obtain Required Regulatory Approvals

  • Regulatory Approvals All Requisite Regulatory Approvals shall have been obtained and shall remain in full force and effect and all statutory waiting periods in respect thereof shall have expired, and no such Requisite Regulatory Approval shall have resulted in the imposition of any Materially Burdensome Regulatory Condition.

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