Examples of Final Governmental Approval in a sentence
If the Closing does not occur by reason of Buyer’s default for any reason or if Buyer terminates this Agreement after Final Governmental Approval, Buyer shall, in a timely manner, cooperate with Seller in executing all documents reasonably necessary to void the Change of Ownership.
Notwithstanding anything to the contrary set forth in Section 5.1(e), if Final Governmental Approval occurs, but the OLCC or the City does not promptly notify a Party of Final Governmental Approval, and such delay causes or might cause one or more of the Parties to violate the Marijuana Code, the Parties shall work in good faith to take all necessary action to ensure that the Parties minimize or eliminate any violations of the Marijuana Code and that the Business continue in the ordinary course.
The closing for the purchase and sale of the License (the “Closing”) will be held within five (5) Business Days of Final Governmental Approval (the “Closing Date”).