Authority Approval definition
Examples of Authority Approval in a sentence
Prior to Closing, each party hereto covenants that it will use reasonable efforts to take, or cause to be taken, all actions, and to do, or cause to be done, all things necessary, proper or advisable under applicable Laws to, consummate the transactions contemplated by this Agreement, including obtaining MED Approval and any Local Authority Approval.
After Authority Approval the Security Management Plan and Information Security Management System will apply during the Term of this Agreement.
Section 4.02 Authority, Approval and Enforceability Section 4.03 No Defaults or Consents Section 4.04 No Proceedings Section 4.05 Securities ARTICLE V.
This Article VI, the representations and warranties contained in Section 2.1.3 (Corporate Authority; Approval and Fairness), the agreements of BP Amoco and ARCO contained in Section 3.7 (Publicity), Section 3.9 (Expenses), Section 5.5 (Effect of Termination and Abandonment), and the last sentence of Section 3.6 (Access) shall survive the termination of this Agreement.
A failure of the Authority to respond to the second notice within twenty (20) Business Days shall be deemed to be a determination that the Authority Approval Conditions are satisfied.
If the Authority determines that the Authority Approval Conditions are satisfied (or if the Authority Approval Conditions are deemed satisfied), the Term shall automatically be extended for the applicable Extension Period.
A failure of the Authority to respond to the second notice within twenty (20) Business Days shall be deemed to be a determination that the Authority Approval Conditions are satisfied in accordance with the accepted Extension Plan.
If the Authority does not respond within such twenty (20) Business Day period, StadCo may send a second notice of StadCo’s request for the Authority’s determination of whether the Authority Approval Conditions are satisfied in accordance with the accepted Extension Plan.
No later than twenty (20) Business Days following StadCo’s request, the Authority shall confirm in writing the Authority’s determination whether the Authority Approval Conditions are satisfied in accordance with the accepted Extension Plan.
ABBI warrants and shall ensure that each Product shall have appropriate Government and Regulatory Authority Approval for commercial sale by ABBI prior to commercial sale by ABBI in the Territory and further warrants such Product after delivery to ABBI will not be adulterated or misbranded within the meaning of the FFDCA.