Examples of PUC Application in a sentence
No party hereto shall knowingly take, or fail to take, any action if the intent or reasonably anticipated consequence of such action or failure to act is, or would be, to cause any State PUC not to grant approval of any State PUC Application or materially delay either such approval or the consummation of the assignment of licenses and Customer Base of Sellers.
Diligently pursue PUC Approval and keep the Lender fully apprised of any communications received by or delivered to the PUC and any and all terms or conditions imposed, recommended or suggested by the PUC or any governmental authority with respect to the PUC Application.
If the Closing shall not have occurred for any reason within any applicable consummation period relating to any State PUC's grant of any State PUC Application, and neither Purchaser nor the Sellers shall have terminated this Agreement pursuant to Section 8.1, Purchaser and Sellers shall jointly request one or more extensions of the consummation period of such grant.
The Borrower shall have sole responsibility for, and shall timely satisfy, all terms and conditions imposed by the PUC or any other Government Authority in connection with the PUC Application or PUC Approval.
No party hereto shall knowingly take, or fail to take, any action if the intent or reasonably anticipated consequence of such action or failure to act is, or would be, to cause any State PUC not to grant approval of any State PUC Application or materially delay either such approval or the consummation of the transfer of control of the Company.
If the Closing shall not have occurred for any reason within any applicable consummation period relating to any State PUC's grant of any State PUC Application, and neither Acquisition nor the Company shall have terminated this Agreement pursuant to Section 9.1, Acquisition and the Company shall jointly request one or more extensions of the consummation period of such grant.
If the PUC issues an Unfavorable PUC Order or if a satisfactory PUC Approval Order is not obtained within twelve (12) months of the PUC Submittal Date, or within such longer period as Company and Seller may agree to by a written agreement (the “PUC Application Period”), Company or Seller may, by written notice delivered within one hundred eighty (180) Days of the Unfavorable PUC Order or the expiration of the PUC Application Period, declare this Agreement null and void.
No party hereto shall knowingly take, or fail to take, any action if the intent or reasonably anticipated consequence of such action or failure to act is, or would be, to cause the FCC, any State PUC, or other regulatory authority not to grant approval of any FCC Application or of any State PUC Application or materially delay either such approval or the consummation of the assignment of Communications Licenses and Customer Base of the Sellers.
If the Closing shall not have occurred for any reason within any applicable consummation period relating to any State PUC's grant of any State PUC Application, and neither the Purchaser nor any of the Sellers shall have terminated this Agreement pursuant to Sections 8.1, 8.2, 8.3 or 8.4, the Purchaser and the Sellers shall jointly request one or more extensions of the consummation period of such grant.
Subject to the terms and conditions herein provided and without limiting the foregoing, each of the Parties shall (i) respond as promptly as practicable to any additional requests for information received from the FCC with respect to any FCC Application, and (ii) respond as promptly as practicable to any additional requests for information received from the PUC with respect to any PUC Application.