NRC Approval definition

NRC Approval means the approval(s) from the NRC (including, for the avoidance of doubt, any successor agency thereto or any delegates of the NRC required to consent) with respect to the direct or indirect disposition, issuance or transfer to the Buyers, as applicable, of the license or licenses held by any of the Transferred Subsidiaries or the Indirect Subsidiaries.
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NRC Approval has the meaning set forth in Section 4.3(c).
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NRC Approval means the approval of the U.S. Nuclear Regulatory Agency, as described on Schedule N.
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Examples of NRC Approval in a sentence

  • The Company and Parent shall use their respective reasonable best efforts to file with the: (i) FERC an application for the FERC Approval; (ii) NRC an application for the NRC Approval; (iii) NYPSC an application for the approval of the NYPSC; (iv) MPSC an application for the approval of the MPSC; and (v) PUCT an application for the approval of the PUCT as promptly as practicable after the date hereof.

  • The waiting period applicable to the consummation of the Merger under the HSR Act shall have expired or been earlier terminated; each of the NRC Approval and the FERC Approval shall have been obtained and be in effect.

  • The NRC Approval shall have been duly obtained and be in full force and effect, shall not have been reversed, stayed, enjoined, set aside, annulled or suspended, and shall not have imposed or required any condition or modification unacceptable to Purchaser.

  • The NRC Approval shall have been duly obtained and be in full force and effect and shall not have been reversed, stayed, enjoined, set aside, annulled or suspended.


More Definitions of NRC Approval

NRC Approval means the order issued by the NRC that approves the transfer of Seller’s ownership license, Renewed License NPF-35 for Catawba Nuclear Station, Unit 1, to Purchaser.
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NRC Approval means issuance of an Order by the NRC consenting to any indirect transfer of control of the NRC Licenses created by the Merger and final resolution by the NRC Commissioners of any contentions or requests for hearing filed on the license transfer application.
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NRC Approval means all approvals from the NRC necessary to authorize the transfer of the Facility to Buyer and ▇▇▇▇▇'s operation of the Facility after the Closing including without limitation approval under Section 184 of the Atomic Energy Act.
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NRC Approval shall have the meaning set forth in Section 3.4.
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NRC Approval means issuance by the U.S. Nuclear Regulatory Commission of any licenses or other approvals that are necessary as a result of the transactions contemplated by the Arrangement Agreement.
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NRC Approval means either (i) receipt of the NRC Consent, or (ii) receipt of the Threshold Determination.
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