OTS Approval definition

OTS Approval means, to the extent required by applicable law, a determination by OTS that the Investor has rebutted the presumption of control under 12 CFR § 574.
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OTS Approval the approval of the transfer of the Subject Cash Balances to E*TRADE Bank by the OTS.
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OTS Approval means the approval by OTS of the sale by Seller of FFSB Shares to Buyer or one of its Affiliates as contemplated by this Agreement.
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Examples of OTS Approval in a sentence

  • The Managing Director, PICUP shall also be authorized to nominate the members of the OTS Approval Committee.

  • If the OTS Approval shall not have been obtained by the date that is sixty (60) days following the date hereof, this condition shall be deemed to have been waived by Purchaser and Seller, and the provisions of Section 5.17 shall apply.

  • OTS Approval Committee headed by Managing Director with Dy./Jt. Managing Director.

  • Except as required under the HSR Act, the NASD rules, the OTS Approval requirements and the OCC notice requirements, if any, no Consent of or with any Governmental Entity or third Person is required to be obtained by Purchaser in connection with the execution and delivery of this Agreement or the performance of its obligations hereunder, except for such Consents the failure of which to obtain or make, individually or in the aggregate, would not have a Purchaser Material Adverse Effect.

  • Without limiting the foregoing, the parties shall cause all necessary initial filings with all Governmental Entities in connection with the HSR Act and the rules of the NASD, the OTS Approval, a filing with the OCC (if required) and the Pacific Stock Exchange to be made as promptly as practicable on or after the date of this Agreement, and in the case of the initial filing in connection the HSR Act, but in any event no later than fifteen (15) days after the date of this Agreement.

  • Due date(s) for payment of OTS Amount is to be calculated from the date of communication of the OTS Approval Letter including the date of issue of the letter.

  • B.J. offered to help me with the situation and went above and beyond in his assistance.

  • Manager shall keep full and adequate books of account and such other records as are necessary to reflect the results of the operation of the Hotel.

  • Without limiting the foregoing, unless otherwise waived by the Company, the Investor agrees, as and to the extent required by applicable law, that it will as promptly as practicable prepare, file and prosecute with the OTS an amendment to the Rebuttal Agreement or any other submission necessary to obtain the OTS Approval.

  • Notwithstanding any provision of this OTS Policy or the OTS Approval issued hereunder, in the event that an Establishment violates the conditions of this OTS Policy or its OTS Approval, the Establishment shall cease such violation or cure the condition causing such violation immediately upon written notice thereof from the Town.


More Definitions of OTS Approval

OTS Approval means a determination by OTS that the purchase of Preferred Shares by the Investor pursuant to this Agreement does not violate the Rebuttal Agreement.
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OTS Approval means a temporary approval issued by the Local Licensing Authority to a particular Establishment pursuant to this OTS Policy for one or more of the following purposes:
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Related to OTS Approval

  • CFIUS Approval means that any of the following shall have occurred: (a) the review period under the DPA commencing on the date that a CFIUS Notice is accepted by CFIUS shall have expired and Xxx, on the one hand, and Polaris, on the other hand, shall have received written notice from CFIUS to the effect that such review has been concluded and that either the Contemplated Transactions do not constitute a “covered transaction” under the DPA or there are no unresolved national security concerns, and all action under the DPA is concluded with respect to the Contemplated Transactions, (b) an investigation under the DPA shall have been commenced after such review period and CFIUS shall have determined to conclude all action under the DPA without sending a report to the President of the United States, and Xxx, on the one hand, and Polaris, on the other hand, shall have received written notice from CFIUS that either the Contemplated Transactions do not constitute a “covered transaction” under the DPA or there are no unresolved national security concerns, and all action under the DPA is concluded with respect to the Contemplated Transactions, or (c) CFIUS shall have sent a report to the President of the United States requesting the President’s decision and either (i) the President shall have announced a decision not to take any action to suspend or prohibit the Contemplated Transactions or, (ii) the period under the DPA during which the President may announce his decision to take action to suspend, prohibit or place any limitations on the Contemplated Transactions shall have expired without any such action being threatened, announced or taken.

  • Works Approval means this Works Approval numbered W5914/2015/1 and issued under the Act; and

  • CPUC Approval means a final and non-appealable order of the CPUC, without conditions or modifications unacceptable to the Parties, or either of them, which contains the following terms:

  • IRB approval means the determination of the IRB that the research has been reviewed and may be conducted at an institution within the constraints set forth by the IRB and by other institutional and federal requirements.

  • HSR Approval means expiration of all applicable waiting periods under the HSR Act (including any voluntary agreed extensions) or earlier termination thereof.

  • MAA Approval means approval of an MAA by the applicable Regulatory Authority for marketing and sale of a Product in the Collaborator Territory, but excluding any Pricing and Reimbursement Approval.

  • FCC Approval means the FCC’s grant of the FCC Applications, including any grants by operation of law; provided that the possibility that an appeal, request for stay, or petition for rehearing or review by a court or administrative agency may be filed with respect to such grant, or that the FCC may reconsider or review such grant on its own authority, shall not prevent such grant from constituting FCC Approval for purposes of the Plan.

  • Requisite Approval means the affirmative vote of the holders of at least a majority of the shares of outstanding Company Common Stock and outstanding Company Preferred Stock voting as a single class.

  • Pre-approval means written notification via a pre-approval letter to Customer that Ameren Illinois has reviewed Customer's Application and determined that the project meets the program eligibility requirements for a maximum pre-approved incentive amount if the project is completed by the estimated completion date and all final application paperwork is submitted and approved.

  • NDA Approval means the Approval of an NDA by the FDA for a Product in the U.S.

  • Approval means the written consent of the Authority.

  • Requisite Regulatory Approvals has the meaning set forth in Section 7.01(b).

  • type-approval means the procedure whereby an approval authority certifies that a type of vehicle, system, component or separate technical unit satisfies the relevant administrative provisions and technical requirements;

  • Price Approval means, in any country where a Governmental Authority authorizes reimbursement for, or approves or determines pricing for, pharmaceutical products, receipt (or, if required to make such authorization, approval or determination effective, publication) of such reimbursement authorization or pricing approval or determination (as the case may be).

  • Prior Approval means written ap- proval by an authorized official evi- dencing prior consent.

  • Board Approval means the affirmative vote of a majority of the Disinterested Directors of the Company or a unanimous written consent of the Board of Directors of the Company duly obtained in accordance with the applicable provisions of the Company's certificate of incorporation, bylaws and applicable law.

  • Application Approval Date means the date that the Application is approved by the Board of Trustees of the District and as further identified in Section 2.3.B of this Agreement.

  • 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.

  • Initial approval means authorization to admit students and enter into contractual agreements for clinical facilities. It is granted only after an application has been submitted, reviewed and a survey visit made by the Board. No students shall be admitted to the program until the institution has received written notification that initial approval has been granted. Failure to comply will delay initial approval.

  • Key Regulatory Approvals means those sanctions, rulings, consents, orders, exemptions, permits and other approvals (including the lapse, without objection, of a prescribed time under a statute or regulation that states that a transaction may be implemented if a prescribed time lapses following the giving of notice without an objection being made) of Governmental Entities as set out in Schedule C hereto;

  • Development approval means a document from a governmental entity which authorizes the commencement of a development.

  • 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.

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

  • Required Regulatory Approvals means the Seller Required Regulatory Approvals and the Buyer Required Regulatory Approvals.

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

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