Examples of Lapse of Consent in a sentence

Following receipt of such notification by the Authority, the Operator shall provide the Authority all documents and information notified by the Authority to the Operator in respect of such Lapse of Consent.
In the event of any Lapse of Consent, the Seller shall submit a report pursuant to this Section 4.3 (Status of Seller Consent Applications) within three (3) Days after becoming aware thereof.
The Seller and its Contractors shall abide by all such terms and conditions (subject to this Section 5.2 (Conditions to Seller Consents) and provisions in this Agreement relating to CLFME and Lapse of Consent).
In the event of any Lapse of Consent, the Company shall submit a report pursuant to this Section 4.3 within three (3) days after becoming aware thereof.
Subsequent to the issuance of such Company Consents, in the forms issued by the State Bank of Pakistan or other Relevant Authority, as the case may be, any withdrawal, revocation, modification, suspension or repeal of such Company Consents shall constitute a Lapse of Consent.

More Definitions of Lapse of Consent

Lapse of Consent. Any Seller Consent (a) ceasing to remain in full force and effect and not being renewed or replaced within the time period prescribed by the applicable Laws of Pakistan for the renewal or replacement of such Seller Consent or, where a time period is not prescribed by the applicable Laws of Pakistan, within sixty (60) Days of such Seller Consent ceasing to be in full force and effect, or (b) (other than a Specified Consent listed in Part I of Schedule 1 (Specified Consents)) not being issued upon application having been properly and timely made and diligently pursued within the time period prescribed by the applicable Laws of Pakistan or where a time period is not prescribed by the applicable Laws of Pakistan, within sixty (60) Days of proper application being made for such Seller Consent or (c) being made subject, upon renewal, or otherwise, to any terms or conditions that materially and adversely affect the Seller’s (or a Contractor’s) ability to perform its obligations under any document included within the Project Agreements, in each of the above instances despite such party’s compliance with the applicable procedural and substantive requirements as applied in a “non-discriminatory” manner (as explained in Section 12.4 (Non-Discriminatory)).

Lapse of Consent. Any Consent (a) ceasing to remain in full force and effect and not being renewed or replaced within the time period prescribed by the applicable Laws of Pakistan or (b) (other than a Specified Consent) not being issued upon application having been properly and timely made and diligently pursued, or (c) being made subject, upon renewal or otherwise, to any terms or conditions that materially and adversely affect a Party’s ability to perform its obligations under any document included within the Project Agreements, in each of the above instances despite such Party’s compliance with the applicable procedural and substantive requirements as applied in a “non-discriminatory” (as explained in Section 12.4 of the Implementation Agreement) manner.

Lapse of Consent means any Permit (a) ceasing to remain in full force and effect, or (b) at any time prior to the [Target CP Satisfaction Date]/[Financial Closing]/[Commencement of Construction]/[Commercial Operations Date], not being issued or renewed upon application having been properly and timeously made and diligently pursued, or (c) from and after the [Target CP Satisfaction Date]/[Financial Closing]/[Commencement of Construction]/[Commercial Operations Date], not being issued or renewed within the period of time prescribed by applicable Laws of Tanzania as applied in a non-discriminatory manner and, in any event, within []Months after the date of proper and complete application thereof, or (d) being made subject, subsequent to its grant, upon renewal or otherwise, to any terms or conditions that materially and adversely affect the Seller's and/or the Contractors' ability to perform its or their obligations (including the making available by the Seller of Dependable Capacity and Net Energy Output as described in Clause 2) under any material document included in the Security Package; provided, however, that in no event shall any Lapse of Consent occur as a result of the GoT or any Government Authority exercising any power pursuant to the Laws of Tanzania to take any of the actions referred to in sub-sections

Lapse of Consent means any Consent (i) ceasing to remain in full force and effect and not being renewed or replaced within the time period prescribed by the applicable Laws of [COUNTRY] or (ii) not being issued upon application having been properly and timely made and diligently pursued or (iii) being made subject, upon renewal or otherwise, to any terms or conditions that materially and adversely affect the Party’s ability to perform its obligations under this Agreement or the Power Purchase Agreement, in each of the above instances despite such Party’s compliance with the applicable procedural and substantive requirements as applied in a non-discriminatory manner.

Lapse of Consent. Any Consent (a) ceasing to remain in full force and effect and not being renewed or replaced within the time period prescribed by the applicable Laws of Pakistan or

Lapse of Consent. Any Producer Consent (a) ceasing to remain in full force and effect and not being renewed or replaced within the time period prescribed by the applicable Kosovo Legislation or (b) not being issued upon application having been properly and timely made and diligently pursued or (c) being made subject, upon renewal or otherwise, to any terms or conditions that materially and adversely affect a Party‟s ability to perform its obligations under this Agreements, in each of the above instances despite such Party‟s compliance with the applicable procedural and substantive requirements as applied in a “non-discriminatory manner.”

Lapse of Consent definition

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