Export Control Authorization definition
Export Control Authorization means any and all licenses and approvals, including approvals under 22 C.F.R. Parts 120-130 and 15 C.F.R. Parts 730-744, required for the lawful conduct of the Business following the Closing Date in substantially the
Export Control Authorization means any and all licenses and approvals, including approvals under 22 C.F.R. Parts 122-125, required for the lawful conduct of the Business following the Closing Date in substantially the same manner as conducted as of the date of this Agreement pursuant to the Export Control Laws as administered by the relevant Governmental Entities, including the Department of Commerce Bureau of Industry and Security, the United States Department of State Directorate of Defense Trade Controls and Department of Treasury Office of Foreign Assets Control.
Export Control Authorization means any and all Approvals, including Approvals under the International Traffic in Arms Regulations (ITAR) (22 C.F.R. Parts 120-130) or the Export Administration Regulations (EAR) (15 C.F.R. Parts 730-774), required for the lawful conduct of the Business following the Closing Date in substantially the same manner as conducted as of the date of this Agreement pursuant to the Export Control Laws as administered by the relevant Governmental Entities, including the Department of Commerce, Bureau of Industry and Security; the United States Department of State, Directorate of Defense Trade Controls; and the Department of the Treasury, Office of Foreign Assets Control; and any other export controls and economic sanctions laws or regulations in any other foreign (non-U.S.) jurisdiction. This shall also mean any import permits under 27 C.F.R. Part 447, as administered by the Department of Justice, Bureau of Alcohol, Tobacco, Firearms and Explosives.
More Definitions of Export Control Authorization
Export Control Authorization means any and all approvals, including export licensing and other authorizations under 22 C.F.R. Parts 122-130 and 15 C.F.R. Parts 730-744, required for the lawful conduct of the Company or any Company Subsidiary’s business under applicable Export Control Laws. “Export Control Laws” means all applicable trade, export control, import, and antiboycott laws and regulations imposed, administered, or enforced by the U.S. government, including the Arms Export control Act (22 U.S.C. § 2778 et seq.), as amended; the International Traffic in Arms Regulations (22 C.F.R. Parts 120-130); the Export Administration Act (50 U.S.C. App. §§ 2401 et seq.), as amended and continued in force by presidential order; the Export Control Reform Act of 2018 (Pub. L. No. 115-232); and the Export Administration Regulations (15 C.F.R. Part 730-774), and similar laws and regulations imposed, administered, or enforced by another country, except to the extent inconsistent with U.S. law. “Final Closing Cash” means the Closing Cash, as finally agreed or determined in accordance with Section 2.3. “Final Closing Consideration Amount” means an amount equal to (a) the Base Amount, plus (b) Final Closing Cash, minus (c) Final Transaction Expenses, minus (d) Final Closing Indebtedness, plus (e) the Final Working Capital Excess (if applicable), minus (f) the Final Working Capital Shortfall (if applicable). “Final Closing Indebtedness” means the Closing Indebtedness, as finally agreed or determined in accordance with Section 2.3. “Final Transaction Expenses” means the Closing Transaction Expenses, as finally agreed or determined in accordance with Section 2.3. “Final Working Capital” means the Closing Working Capital, as finally agreed or determined in accordance with Section 2.3. “Final Working Capital Excess” means the amount by which the Final Working Capital exceeds the Working Capital Target.