Necessary Governmental Approval definition

Necessary Governmental Approval shall have the meaning provided in Section 4.7(a) of this Agreement.
Necessary Governmental Approval means (i) any Governmental Approval listed in Schedule 4.6, (ii) any other Governmental Approval necessary under applicable Law in connection with (a) the due execution and delivery of, and performance by each of the Borrower and the Operator of its obligations and the exercise of its rights under, the Transaction Documents to which it is a party, (b) the legality, validity and binding effect, enforceability or admissibility in evidence thereof, and (c) the acquisition, importation, ownership, construction, installation, operation and maintenance of the FPSO as contemplated by the Transaction Documents which are required to be obtained by the Borrower, the Operator, the Sponsors or the Shareholders, and (in the case of (a), (b) and (c)), the failure of which to obtain and maintain could reasonably be expected to have a Material Adverse Effect, and (iii) any Environmental and Social Governmental Approval.
Necessary Governmental Approval shall have the meaning provided in Section 5.1.24 [Governmental Approvals].

Examples of Necessary Governmental Approval in a sentence

  • If any Pari Passu Secured Party is granted any form of adequate protection payments, including in the form of periodic payments, in connection with any Revolving Credit DIP Financing or Pari Passu DIP Financing, the proceeds of such adequate protection shall be applied pursuant to Section 6.3(a) hereof.

  • None of the Obligors is in violation of any Law, Necessary Governmental Approval or its Charter Documents the violation of which has, or could reasonably be expected to, individually or in the aggregate, result in a Material Adverse Effect.

  • No event has occurred that could reasonably be expected to (A) result in the revocation, termination or adverse modification of any such Necessary Governmental Approval or (B) materially and adversely affect any rights of any Obligor under any such Necessary Governmental Approval.

  • No event has occurred that could reasonably be expected to (i) result in the revocation, termination or adverse modification of any such Necessary Governmental Approval, (ii) materially and adversely affect any rights of the Borrower under any such Necessary Governmental Approval or (iii) to the Borrower’s knowledge, affect any rights of any Project Participant under any such Necessary Governmental Approval, which, in the case of clause (iii), could reasonably be expected to have a Material Adverse Effect.

  • None of the Obligors is in violation of any Law, Necessary Governmental Approval or its Charter Documents which has or could reasonably be expected to have a Material Adverse Effect.

  • To the best of each Obligor’s knowledge, no event has occurred that could reasonably be expected to (A) result in the revocation, termination or adverse modification of any such Necessary Governmental Approval or (B) adversely affect any rights of any Obligor under any such Necessary Governmental Approval.

  • The information set forth in each application submitted by or on behalf of an Obligor in connection with each Necessary Governmental Approval and in all correspondence sent by or on behalf of an Obligor in respect of each such application was accurate and complete in all material respects at the time of the corresponding filing.

  • No event has occurred that would reasonably be expected to (A) result in the revocation, termination or adverse modification of any such Necessary Governmental Approval or (B) adversely affect any rights of any Borrower Affiliate Party (or, as applicable, any Project Participant) under any such Governmental Approval.

  • All amendments, supplements and renewals of such Necessary Governmental Approvals required to be filed by applicable Law or by the terms of any Necessary Governmental Approval obtained by or on behalf of the applicable Loan Party have been filed by the time required.

  • No event has occurred that could reasonably be expected to (i) result in the revocation, termination or adverse modification of any such Necessary Governmental Approval or (ii) materially and adversely affect any rights of the Company, Bossa Nova Spirit, the Manager or, to the Company’s knowledge, the Charterer, as applicable, under any such Necessary Governmental Approval, which, in the case of clause (i) or (ii), could reasonably be expected to have a Material Adverse Effect.


More Definitions of Necessary Governmental Approval

Necessary Governmental Approval means (i) any Governmental Approval listed in Schedule 4.6 and (ii) any other Governmental Approval necessary in connection with (a) the due execution and delivery of, and performance by each of the Borrower, the Operator and Positive of its obligations and the exercise of its rights under, the Transaction Documents to which it is a party, (b) the legality, validity and binding effect or enforceability thereof, and (c) the acquisition, importation, ownership, construction, installation, operation and maintenance of the Drilling Unit as contemplated by the Transaction Documents the failure which to obtain and maintain could reasonably be expected to have a Material Adverse Effect.
Necessary Governmental Approval means (a) any Governmental Approval listed in Schedule 5.7, and (b) any other Governmental Approval necessary under applicable Law in connection with (i) the due execution and delivery of, and performance by the Company of its obligations and the exercise of its rights under, the Transaction Documents to which it is a party, (ii) the legality, validity and binding effect or enforceability thereof, and (iii) the acquisition, importation, ownership, construction, installation, operation and maintenance of the Vessel as contemplated by the Transaction Documents, and (in the case of (i), (ii) and (iii)) the failure of which to obtain and maintain could reasonably be expected to have a Material Adverse Effect.
Necessary Governmental Approval means (i) any Governmental Approval identified as such herein and (ii) any other Governmental Approval necessary in connection with (a) the due execution and delivery of, and performance by each of the Guarantors or of its obligations and the exercise of its rights under, the Transaction Documents to which it is a party, (b) the legality, validity and binding effect or enforceability thereof, and (c) the ownership, operation and maintenance of the Drilling Rigs as contemplated by the Transaction Documents, the failure of which to obtain and maintain would reasonably be expected to result in a Material Adverse Effect.
Necessary Governmental Approval shall have the meaning provided in Section 4.6 of this Credit Agreement.

Related to Necessary Governmental Approval

  • Required Governmental Approvals means the Company Required Governmental Approvals and the Parent Required Governmental Approvals.

  • Governmental Approval is any consent, authorization, approval, order, license, franchise, permit, certificate, accreditation, registration, filing or notice, of, issued by, from or to, or other act by or in respect of, any Governmental Authority.

  • Governmental Approvals means all authorizations, consents, approvals, licenses and exemptions of, registrations and filings with, and reports to, all Governmental Authorities.

  • Environmental Approvals means any permit, license, approval, ruling, variance, exemption or other authorization required under applicable Environmental Laws.

  • Environmental Approval means any present or future permit, ruling, variance or other Authorisation required under Environmental Laws.

  • Necessary Authorizations means all approvals and licenses from, and all filings and registrations with, any governmental or other regulatory authority, including, without limiting the foregoing, the Licenses and all approvals, licenses, filings and registrations under the Communications Act, necessary in order to enable the Borrower and its Subsidiaries to own, construct, maintain, and operate communications tower facilities and to invest in other Persons who own, construct, maintain, manage and operate communications tower facilities.

  • Government Approvals means all permits, licenses, authorisations, consents, clearances, decrees, waivers, privileges, approvals from and filing with government instrumentalities necessary for the development, construction and operation of the Work.

  • Governmental Permit means any license, franchise, permit or other authorization of any Governmental Authority.

  • Governmental Authorization means any permit, license, authorization, plan, directive, consent order or consent decree of or from any Governmental Authority.

  • Governmental Antitrust Authority has the meaning set forth in Section 5.11(b).

  • Conditional approval means a time-limited status that results when an approved nursing education program has failed to maintain requirements as set forth in this chapter.

  • Necessary preconstruction approvals or permits means those permits or approvals required under federal air quality control laws and regulations and those air quality control laws and regulations which are part of the applicable State Implementation Plan.

  • Environmental Authorization Any license, permit, order, approval, consent, notice, registration, filing or other form of permission or authorization required under any Environmental Law.

  • Approvals means all approvals, consents, authorisations, permissions, licences, resolutions, exemptions, registrations, filings, permits and rights from all government, regulatory and statutory entities and authorities;

  • Governmental Authorities means any nation, government, province, state, or any entity, authority or body exercising executive, legislative, judicial, regulatory or administrative functions of or pertaining to government, including any government authority, agency, department, board, commission or instrumentality of any government or any political subdivision thereof, court, tribunal, arbitrator, the governing body of any securities exchange, and self-regulatory organization, in each case having competent jurisdiction (with each of such Governmental Authorities being referred to as a “Governmental Authority”).

  • Governmental Authorizations means any approval, consent, license, permit, waiver, or other authorization issued, granted, given, or otherwise made available by or under the authority of any Governmental Entity or pursuant to any Legal Requirement.

  • Environmental Authorizations means all licenses, permits, orders, approvals, notices, registrations or other legal prerequisites for conducting the business of the Borrower or any Subsidiary required by any Environmental Requirement.

  • Governmental Permits has the meaning specified in Section 5.8.

  • Project Approvals means all approvals, consents, waivers, orders, agreements, authorizations, permits and licenses required under Applicable Laws or under the terms of any restriction, covenant, easement or agreement affecting all or any applicable Phase of the Project, or otherwise necessary or desirable for the ownership, acquisition, construction, development, equipping, use or operation of the Project.

  • Special Approval means approval by a majority of the members of the Conflicts Committee.

  • Necessary Consents means all planning permissions and all other consents, licences, permissions, certificates, authorisations and approvals whether of a public or private nature which shall be required by any Competent Authority for the Permitted Use;

  • Final Approval means the Court’s order granting final approval of the Settlement.

  • Government Approval means any authorization, consent, approval, waiver, exception, variance, order, exemption, publication, filing, declaration, concession, grant, franchise, agreement, permission, permit, or license of, from or with any Governmental Authority, the giving notice to, or registration with, any Governmental Authority or any other action in respect of any Governmental Authority.

  • Governmental Authority(ies) means any federal, state or local government, and political subdivision(s) thereof, and any entity(ies) exercising executive, legislative, judicial, regulatory or administrative functions having or pertaining to government.

  • Governmental Agency(ies) means, individually or collectively, any federal, state, county or local governmental department, commission, board, regulatory authority or agency (including, without limitation, each applicable Regulatory Agency) with jurisdiction over the Company or a Subsidiary.

  • Regulatory Authorizations means all approvals, clearances, authorizations, registrations, certifications, licenses and permits granted by any Regulatory Authority, including all INDs and NDAs.