Corporate Approval definition

Corporate Approval shall have the meaning set forth ------------------ in Section 3.2.
View Source
Corporate Approval has the meaning set forth in Section 15.20.
View Source
Corporate Approval. This Agreement is conditional upon the approval of this transaction by President of Seller. The Seller shall have ten (10) days from the date of execution hereof to obtain said approval. In the event Seller does not terminate this Agreement pursuant to this Article on or before said date, Seller's right to do so hereunder shall be deemed waived. Purchaser shall have the right to rely on any communication executed by an officer of Seller in furtherance of this Article.
View Source

Examples of Corporate Approval in a sentence

  • The obligations of the Parties to perform this Agreement, other than the Parties’ obligations under Section 6.1, Section 6.2, Section 8.2, Section 8.3 and Section 12, are conditioned upon and shall not become effective or binding until the receipt of (i) the Regulatory Approval, and (ii) Buyer’s Corporate Approval.

  • Buyer shall notify Seller within five (5) Business Days after receipt of Buyer’s Corporate Approval.

  • The Company agrees not to enter into any waiver, release or settlement of any proceeding (whether or not Advisor or any other Indemnified Party is a formal party to such Proceeding) in respect of which indemnification may be sought hereunder without the prior written consent of Advisor (which consent will not be unreasonably withheld), unless such waiver, release or settlement includes an unconditional release of Advisor and each Indemnified Party from all liability arising out of such Proceeding.

  • Subject to the receipt of the Regulatory Approval and Buyer’s Corporate Approval, Buyer has all requisite power and authority to execute, deliver, and perform its obligations under this Agreement.

  • It is specifically understood and accepted that this Agreement supersedes all oral and written employment agreements between Executive and Company prior to the date hereof, as well as all conflicting provisions of Company's Guidelines for Corporate Approval and its Human Resources Manual, including but not limited to the termination, discipline and discharge provisions contained therein.

  • It is specifically understood and accepted that this Agreement supersedes all oral and written employment agreements between Executive and Company prior to the date hereof, as well as all conflicting provisions of Company's Guidelines For Corporate Approval and its Human Resources Manual, including but not limited to, the termination, discipline and discharge provisions contained therein.

  • All of the representations and warranties of the Buyer contained in Section 6 (except for those contained in Section 6.1 (Organization) and 6.2 (Corporate Approval), or in any document, certificate or other instrument required to be delivered hereunder shall survive the Closing and shall continue in full force and effect for 12 months following the Closing Date.

  • All of the representations and warranties of the Seller (except for those contained in Section 5.1 (Organization), 5.2 (Corporate Approval) and 5.9 (Title to Acquired Assets), contained herein or in any document, certificate or other instrument required to be delivered hereunder shall survive the Closing and continue in full force and effect for 12 months following the Closing Date.

  • Section 3.02: Corporate Approval ------------------ NutraStar warrants that it will, prior to the Closing, take all corporate actions and duly adopted all resolutions required by its charters and by-laws to permit its officers to enter into this transaction and perform its obligations thereunder.

  • It is specifically understood and accepted that this Agreement supersedes all oral and written employment agreements between Executive and Company prior to the date hereof, as well as all conflicting provisions of Company’s Guidelines for Corporate Approval and its Human Resources Manual, including but not limited to the termination, discipline and discharge provisions contained therein.


More Definitions of Corporate Approval

Corporate Approval means that Seller shall have obtained approval of this Agreement by the management and/or Board of Directors of ▇▇▇▇ Properties LLC and ▇.▇. ▇▇▇▇ Co., Inc., its parent companies, in their sole and absolute discretion as required by Seller’s corporate policies and procedures on or before the expiration of the Due Diligence Period. If Seller fails to provide Buyer with written notice that it has received Corporate Approval on or before 5:00 p.m. Pacific Time on the last day of the Due Diligence Period, then this Agreement shall automatically terminate, the Deposit, to the extent made, shall be returned to Buyer and neither party shall have any further obligation to the other hereunder.
View Source
Corporate Approval means the corporate approvals as may be required by under Israeli law from the Company in order to approve the signing of the Agreement and any Transaction Documents, including with regard to the purchase of Securities by ▇▇▇▇▇, including, without limitation, approval of the Company's audit committee and Board of Directors but excluding for avoidance of doubt Shareholders Approval with respect to ▇▇▇▇▇.
View Source

Related to Corporate Approval

  • Requisite Approval means the affirmative vote of the holders of (a) at least a majority of the outstanding shares of Company Capital Stock, voting together as a single class and (b) at least a majority of the outstanding shares of Series A-1 Preferred Stock, Series B Preferred Stock and Series C Preferred Stock, voting together as a single class on an as-converted basis.

  • Pre-approval means written notification via a pre-approval letter to Customer that Ameren Illinois has reviewed Customer's Application and determined that the project meets the program eligibility requirements for a maximum pre-approved incentive amount if the project is completed by the estimated completion date and all final application paperwork is submitted and approved.

  • Price Approval means, in any country where a Governmental Authority authorizes reimbursement for, or approves or determines pricing for, pharmaceutical products, receipt (or, if required to make such authorization, approval or determination effective, publication) of such reimbursement authorization or pricing approval or determination (as the case may be).

  • type-approval means the procedure whereby an approval authority certifies that a type of vehicle, system, component or separate technical unit satisfies the relevant administrative provisions and technical requirements;

  • CPUC Approval means a final and non-appealable order of the CPUC, without conditions or modifications unacceptable to the Parties, or either of them, which contains the following terms: