Common use of Withdrawal and Expiration of Approvals Clause in Contracts

Withdrawal and Expiration of Approvals. The Director may withdraw permission with one week’s notice. If not withdrawn, approved requests expire at the end of each Market Year (March 31). As such, requests must be re-submitted annually for approval by the Director.

Withdrawal and Expiration of Approvals. The Director may withdraw permission with one week’s notice. If not withdrawn, approved requests expire at the end of each the Market Year (March 31). As such, requests Requests must be re-submitted annually for approval by the Directorannually.