Examples of Approving Authority in a sentence
The Purchaser and the Vendor acknowledge and agree that, notwithstanding any provision in this Agreement, the Purchaser will need to apply to the Approving Authority for the issuance of a new Retail Store Permit in the Purchaser’s name in order to sell Liquor from a retail liquor store.
For greater certainty, the Purchaser is purchasing the Vendor’s interest in and to the Retail Store Permit only and is not purchasing any business, any inventory, equipment, accounts receivable, debts or any of the Vendor's right, title or interest in, to or under any other asset other than the ability to apply to the Approving Authority in relation to the issuance of the Retail Store Permit as expressly defined herein.
The Purchaser acknowledges, consents, and agrees to provide any and all consents that may be required in relation to the Approving Authority sharing any information with the Vendor relating to whether or not the Purchaser has made the required application to the Approving Authority as required by this section 4.02.
With respect to the application to issue the Retail Store Permit which is referred to in Section 4.02, the Vendor acknowledges and agrees that the Purchaser will be making all applications and obtaining the approval of the Approving Authority to have the Retail Store Permit issued in the name of the Purchaser following the execution of this Agreement.