Common use of Statutory Approvals Clause in Contracts

Statutory Approvals. The Company Required Statutory Approvals and CEI Required Statutory Approvals shall have been obtained at or prior to the Effective Time and such approvals shall have become Final Orders (as defined below). A "Final Order" means action by the relevant regulatory authority which has not been reversed, stayed, enjoined, set aside, annulled or suspended, with respect to which any waiting period prescribed by law before the transactions contemplated hereby may be consummated has expired, and as to which all conditions to the consummation of such transactions prescribed by law, regulation or order have been satisfied.

Appears in 2 contracts

Samples: Merger Agreement (Consolidated Edison Co of New York Inc), Merger Agreement (Orange & Rockland Utilities Inc)

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Statutory Approvals. The Company Required Statutory Approvals and CEI Parent Required Statutory Approvals shall have been obtained at or prior to the Effective Time and such approvals shall have become Final Orders (as defined below)Orders. A "Final OrderFINAL ORDER" means action by the relevant regulatory authority relating to this Agreement or the transactions contemplated hereby which has not been reversed, stayed, enjoined, set aside, annulled or suspended, with respect to which any waiting period prescribed by law before the transactions contemplated hereby may be consummated has expired, and as to which all conditions to the consummation of such transactions prescribed by law, regulation or order have been satisfied.

Appears in 2 contracts

Samples: Merger Agreement (Energy East Corp), Merger Agreement (RGS Energy Group Inc)

Statutory Approvals. The Company Required Statutory Approvals and CEI the Parent Required Statutory Approvals shall have been obtained at or prior to the Effective Time Time, and such approvals shall have become Final Orders (as defined below)Orders. A "Final Order" means action by the relevant regulatory authority which has not been reversed, stayed, enjoined, set aside, annulled or suspended, with respect to which any waiting period prescribed by law before the transactions contemplated hereby may be consummated has expired, and as to which all conditions to the consummation of such transactions prescribed by law, regulation or order have been satisfied.

Appears in 2 contracts

Samples: Merger Agreement (Energy East Corp), Merger Agreement (Central Maine Power Co)

Statutory Approvals. The Company Required Statutory Approvals and CEI Required Statutory Approvals shall have been obtained at or prior to the Effective Time and such approvals shall have become Final Orders (as defined below). A "" Final Order" means action by the relevant regulatory authority which has not been reversed, stayed, enjoined, set aside, annulled or suspended, with respect to which any waiting period prescribed by law before the transactions contemplated hereby may be consummated has expired, and as to which all conditions to the consummation of such transactions prescribed by law, regulation or order have been satisfied.

Appears in 1 contract

Samples: Merger Agreement (Consolidated Edison Inc)

Statutory Approvals. The Company Seller Required Statutory Approvals and CEI the Purchaser Required Statutory Approvals shall have been obtained at or prior to the Effective Time and such approvals shall have become Closing 39 Date by a Final Orders (as defined below)Order. A "Final OrderFINAL ORDER" means shall mean action by the relevant regulatory authority which has not been reversed, stayed, enjoined, set aside, annulled or suspended, with respect to which any waiting period prescribed by law before the transactions contemplated hereby thereby may be consummated has expiredexpired (but without the requirement for expiration of any applicable rehearing or appeal period), and as to which all conditions to the consummation of such transactions prescribed by law, regulation or order have been satisfied.

Appears in 1 contract

Samples: Stock Purchase Agreement (Aes Corporation)

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Statutory Approvals. The Company Seller Required Statutory Approvals and CEI the Purchaser Required Statutory Approvals shall have been obtained at or prior to the Effective Time and such approvals shall have become Closing Date by a Final Orders (as defined below)Order. A "Final OrderFINAL ORDER" means shall mean action by the relevant regulatory authority which has not been reversed, stayed, enjoined, set aside, annulled or suspended, with respect to which any waiting period prescribed by law before the transactions contemplated hereby thereby may be consummated has expiredexpired (but without the requirement for expiration of any applicable rehearing or appeal period), and as to which all conditions to the consummation of such transactions prescribed by law, regulation or order have been satisfied.

Appears in 1 contract

Samples: Membership Interest Purchase Agreement (Aes Corporation)

Statutory Approvals. The Company Required Statutory Approvals ------------------- and CEI the Parent Required Statutory Approvals shall have been obtained at or prior to the Effective Time and Time, such approvals shall have become Final Orders (as defined below). A "Final Order" means action by the relevant regulatory authority which ----------- has not been reversed, stayed, enjoined, set aside, annulled or suspended, with respect to which any waiting period prescribed by law before the transactions contemplated hereby may be consummated has expired, and as to which all conditions to the consummation of such transactions prescribed by law, regulation or order have been satisfied.

Appears in 1 contract

Samples: Merger Agreement (Duquesne Light Holdings Inc)

Statutory Approvals. The Company Seller Required Statutory Approvals and CEI the Purchaser Required Statutory Approvals shall have been obtained at or prior to the Effective Time and such approvals shall have become Closing Date by a Final Orders (as defined below)Order. A "Final Order" means shall mean action by the relevant regulatory authority which has not been reversed, stayed, enjoined, set aside, annulled or suspended, with respect to which any waiting period prescribed by law before the transactions contemplated hereby thereby may be consummated has expiredexpired (but without the requirement for expiration of any applicable rehearing or appeal period), and as to which all conditions to the consummation of such transactions prescribed by law, regulation or order have been satisfied.

Appears in 1 contract

Samples: Stock Purchase Agreement (Ameren Corp)

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