Final Board Approval definition
Examples of Final Board Approval in a sentence
In the event Seller does not obtain the Final Board Approval within the aforesaid time period, and Buyer is not in material breach under this Agreement, this Agreement shall automatically terminate and Seller shall pay to Buyer the Termination Fee (as defined below).
In the event Seller does not obtain the Final Board Approval within the aforesaid time period, and Buyer is not in material breach under this Agreement, this Agreement shall automatically terminate and Seller shall pay to Buyer the Termination Fee (as defined below) and authorize the Escrow Agent to release to Buyer that portion of the Deposit Amount that Buyer has deposited with the Escrow Agent.
The winning bidder at auction will be issued the lease by the Department on the first day of the month following Final Board Approval.
Seller and Parent shall have received from the Financial Advisor a fairness opinion in a form satisfactory to the GTA Board of Directors in their sole discretion concluding that the transactions contemplated by this Agreement are fair to Seller from a financial point of view and Seller shall have received the Final Board Approval.