Applicable Governmental Authorization definition

Applicable Governmental Authorization has the meaning set forth in Section 3.9(b).
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Applicable Governmental Authorization means, as of any date of determination, any Governmental Authorization, including, without limitation, all environmental, regulatory and other permits and approvals, that is necessary to be obtained by or on behalf of the Project or the Borrower at such time in light of the stage of operation of the Project in order to (a) enable the Borrower to operate, maintain, repair, own its interest in, or use the Project in accordance with Requirements of Law and as otherwise contemplated by the Core Transaction Documents, (b) sell electricity, capacity or ancillary services from the Project, (c) enter into any Core Transaction Document or (d) consummate and/or perform any transaction or obligation contemplated hereby or thereby.
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Applicable Governmental Authorization means any Governmental Authorization with respect to the Property (a) under which Seller has or may acquire any rights, (b) under which Seller is subject to any obligation or liability, or (c) by which Seller or the Property is bound, including the Governmental Authorizations listed in Exhibit 1.7 attached to this Agreement.
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Examples of Applicable Governmental Authorization in a sentence

  • Except as set forth in the Disclosure Letter, Seller has not received any written notice from any Governmental Body regarding any violation of, or failure to comply with, any Applicable Governmental Authorization or any Legal Requirement with respect to the Property, including but not limited to the obligation to complete any off‑site improvements in respect of the Property, other than any such violations or failures to comply as have been cured prior to the date hereof.

  • Between the Effective Date of this Agreement and the Due Diligence Expiration Date, Seller may, after consulting with Buyer, (i) modify, amend or cancel any Applicable Contract, Tenant Lease or Applicable Governmental Authorization or (ii) enter into any new Tenant Lease or obtain any new Applicable Governmental Authorization, so long as in all cases the terms thereof, including inducements and other material terms, reasonably reflect market rent and conditions.

  • During the period between the Due Diligence Expiration Date and the Closing Date, Seller shall not, without Buyer’s prior approval, (i) modify, amend or cancel any Applicable Contract, Applicable Government Authorization or any Tenant Lease, (ii) enter into any new Tenant Lease or obtain any new Applicable Governmental Authorization, or (iii) encumber the Property.

  • Each such Applicable Governmental Authorization is in full force and effect and the Seller, the other members of the Seller Group and the Acquired Companies are in compliance in all material respects with the terms and conditions of all such Applicable Government Authorizations.


More Definitions of Applicable Governmental Authorization

Applicable Governmental Authorization means, at any time, those Governmental Authorizations that are material and necessary at such time to the development, construction or operation of the Project to construct, test, operate, maintain, repair, own or use the Project as contemplated by the Transaction Documents and the Material Project Documents, to enter into any Transaction Document or any Material Project Document or to consummate any transaction contemplated thereby.
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Related to Applicable Governmental Authorization

  • Governmental Authorization means any permit, license, authorization, plan, directive, consent order or consent decree of or from any Governmental Authority.

  • Governmental Authorizations means any approval, consent, license, permit, waiver, or other authorization issued, granted, given, or otherwise made available by or under the authority of any Governmental Entity or pursuant to any Legal Requirement.

  • Governmental Authority(ies) means any Federal, state, local, quasi-governmental instrumentality or foreign court, or governmental agency, authority, instrumentality, agency, bureau, commission, department or regulatory body.

  • Environmental Authorizations means all licenses, permits, orders, approvals, notices, registrations or other legal prerequisites for conducting the business of the Borrower or any Subsidiary required by any Environmental Requirement.

  • Governmental Authorities means any nation, government, province, state, or any entity, authority or body exercising executive, legislative, judicial, regulatory or administrative functions of or pertaining to government, including any government authority, agency, department, board, commission or instrumentality of any government or any political subdivision thereof, court, tribunal, arbitrator, the governing body of any securities exchange, and self-regulatory organization, in each case having competent jurisdiction (with each of such Governmental Authorities being referred to as a “Governmental Authority”).

  • Relevant Governmental Body means the Federal Reserve Board and/or the Federal Reserve Bank of New York, or a committee officially endorsed or convened by the Federal Reserve Board and/or the Federal Reserve Bank of New York or any successor thereto.

  • Intra-governmental gift means any gift given to a Board member or employee from another Board member or employee, and "inter- governmental gift" means any gift given to a Board member or employee from an officer or employee of another governmental entity.

  • Local governmental entity means a county, municipality, school district, junior college district, or other political subdivision of this state or a local government corporation, board, commission, district, or authority to which a member is appointed by the commissioners court of a county, the mayor of a municipality, or the governing body of a municipality. The term does not include an association, corporation, or organization of governmental entities organized to provide to its members education, assistance, products, or services or to represent its members before the legislative, administrative, or judicial branches of the state or federal government.

  • Governmental Approvals means all authorizations, consents, approvals, permits, licenses and exemptions of, registrations and filings with, and reports to, all Governmental Authorities.

  • Governmental Agency(ies) means, individually or collectively, any federal, state, county or local governmental department, commission, board, regulatory authority or agency (including, without limitation, each applicable Regulatory Agency) with jurisdiction over the Company or a Subsidiary.

  • Governmental Requirements means all judgments, orders, writs, injunctions, decrees, awards, laws, ordinances, statutes, regulations, rules, franchises, permits, certificates, licenses, authorizations and the like and any other requirements of any government or any commission, board, court, agency, instrumentality or political subdivision thereof.

  • Governmental Requirement means any law, statute, code, ordinance, order, determination, rule, regulation, judgment, decree, injunction, franchise, permit, certificate, license, rules of common law, authorization or other directive or requirement, whether now or hereinafter in effect, of any Governmental Authority.

  • Governmental Authority means the government of the United States of America, any other nation or any political subdivision thereof, whether state or local, and any agency, authority, instrumentality, regulatory body, court, central bank or other entity exercising executive, legislative, judicial, taxing, regulatory or administrative powers or functions of or pertaining to government.

  • Governmental Actions means any and all consents, approvals, permits, orders, authorizations, waivers, exceptions, variances, exemptions or licenses of, or registrations, declarations or filings with, any Governmental Authority required under any Governmental Rules.