Prerequisite Student Aid Approvals definition

Prerequisite Student Aid Approvals mean approvals by the United States Department of Education and all other applicable private and governmental agencies and organizations of the change in control resulting from the change in ownership of the Schools resulting from the sale of the Schools pursuant to this Stock Purchase Agreement which are a prerequisite to receipt of federal and state aid by the Schools' students, and
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Prerequisite Student Aid Approvals mean (i) Provisional Program Participation Agreements issued by the United States Department of Education to the American Institute Schools and the Hamixxxx Xxxlege Schools, (ii) approval of the change of ownership issued to both the American Institute Schools and the Hamixxxx Xxxlege Schools by the Accrediting Council of Independent Colleges and Schools ("ACICS") and (iii) any and all state approvals, if applicable;
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Examples of Prerequisite Student Aid Approvals in a sentence

  • All amounts represented by this Note shall be due and payable on the earlier of (1) the last business day within the first 30 calendar days following the date on which the Prerequisite Student Aid Approvals are obtained; or (2) 180 days from the date of Closing (the earlier of the dates referred to in the preceding two clauses is called the "Maturity Date").

  • As soon as practicable after the Closing, Buyer and EMI shall cause the filing of applications for the Prerequisite Student Aid Approvals and shall use their best efforts to secure the receipt of such approvals in the shortest possible time.

  • Prior to 30 days after the Closing Date, the Buyer shall file all necessary applications for the Prerequisite Student Aid Approvals.

  • On the Closing Date the Buyer shall deliver to Seller its Promissory Not e for $200,000.00 (the "Second Payment Note") in the form attached to this Agreement as EXHIBIT 172, payable the earlier of the last business day within the first 30 calendar days following the date on which the Prerequisite Student Aid Approvals are obtained, but no later than twelve months from the date of Closing.

  • The principal amount of $3,000,000 with interest computed at the rate of two percent (2%) per annum based on the actual number of days outstanding shall be paid in full on the last business day within the first thirty (30) calendar days following the date 1 5 on which the Prerequisite Student Aid Approvals are obtained by the Makers (the "Initial Maturity Date").

  • The principal amount of $3,000,000 with interest computed at the rate of two percent (2%) per annum based on the actual number of days outstanding shall be paid in full on the last business day within the first thirty (30) calendar days following the date 1 2 on which the Prerequisite Student Aid Approvals are obtained by the Makers (the "Initial Maturity Date").

Related to Prerequisite Student Aid Approvals

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

  • Development Approvals means all permits and other entitlements for use subject to approval or issuance by CITY in connection with development of the Property including, but not limited to:

  • Regulatory Approvals means any registrations, licenses, authorizations, permits or approvals issued by any Governmental Authority and applications or submissions related to any of the foregoing.

  • 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;

  • 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.

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

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

  • 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.

  • 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.

  • Gaming Approvals means all Permits and Approvals issued by any Gaming Authority or under Gaming Laws necessary for or relating to the conduct of gaming and related activities or the manufacture, distribution, service or sale of alcoholic beverages, the ownership or the operation, management and development of any gaming operations, and, in the case of the Company, including the ownership, operation, management and development of the business of the Company and its Subsidiaries, and, in the case of the Acquirors, including the ownership, operation, management and development of the business of the Acquirors and its Subsidiaries.

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

  • 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.

  • Regulatory Approval Application means any application submitted to an appropriate Regulatory Authority seeking any Regulatory Approval.

  • Environmental Approval means any consent, authorisation, licence or approval of any governmental or public body or authorities or courts applicable to any Relevant Ship or its operation or the carriage of cargo and/or passengers thereon and/or the provision of goods and/or services on or from any Relevant Ship required under any Environmental Law;

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

  • 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.

  • 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:

  • Planning Permission means any permission, consent or approval given under the Planning Acts;

  • Development approval means any written authorization from a

  • Regulatory Approval means, with respect to the Licensed Product in any country or jurisdiction, all approvals (including, where required, pricing and reimbursement approvals), registrations, licenses or authorizations from the relevant regulatory authority in a country or jurisdiction that is specific to the Licensed Product and necessary to market and sell such Licensed Product in such country or jurisdiction.

  • Product Approval(s) means any approvals, registrations, permits, licenses, consents, authorizations, and other approvals, and pending applications and requests therefor, required by applicable Agencies related to the research, Development, manufacture, distribution, finishing, packaging, marketing, sale, storage or transport of a Product within the United States of America, and includes, without limitation, all approvals, registrations, licenses or authorizations granted in connection with any Application related to that Product.

  • Development Consent means the consent granted to the Development Application for the Development and includes all modifications made under section 4.55 of the Act.

  • Approvals means the permits, clearances, licenses and consents as are listed in Schedule 3 hereto and any other statutory approvals.

  • Interconnection Studies means the Interconnection Feasibility Study, the System Impact Study, and the Facilities Study described in Tariff, Part IV and Tariff, Part VI. Interface Pricing Point: