Purchaser Required Regulatory Approvals definition

Purchaser Required Regulatory Approvals means (i) pursuant to Part II of the Federal Power Act, acceptance for filing and effectiveness or authorization by Final Order of the FERC, as applicable, to allow Purchaser to (A) implement wholesale sales of electricity under the Wholesale Transition Service Agreements, the Power Purchase/Exchange Agreements, the Power Purchase Agreements, and any other jurisdictional agreements to be assigned to Purchaser, (B) acquire, own and operate the Assets, and (C) sell electricity at wholesale at market-based rates; (ii) approval by Final Order of the FERC under Part I of the Federal Power Act for the transfer of FERC project licenses related to, and necessary for Purchaser to acquire, own and operate the Hydro Units; (iii) a Final Order of the FERC certifying Purchaser as an exempt wholesale generator pursuant to Section 32 of the Holding Company Act; provided however, that in the event Purchaser does not obtain such certification with respect to the acquisition and ownership of either or both of the Colstrip 4 Transmission Assets and the Colstrip 1, 2, and 3 Transmission Assets, then the provisions of Section 1.10 shall apply with respect to such Assets; and provided, further, that in any case such certification will be a Purchaser Required Regulatory Approval with respect to all other Assets; (iv) a Final Order of the Montana Public Service Commission, the Oregon Public Utility Commission and the Washington Utilities and Transportation Commission, in each case, if required, including the determinations required by Section 32(c) of the Holding Company Act for the Assets to be eligible facilities of Purchaser as an exempt wholesale generator; (v) approval or authorization by Final Order of the Pennsylvania Public Utility Commission pursuant to the PPUC Order, if required; (vi) other Licenses, Environmental Permits and approvals or authorizations of any other Governmental or Regulatory Authority reasonably necessary pursuant to any Law for Purchaser to own and operate the Assets other than authorizations or approvals, the lack of which would not materially detract from the value of the Assets as currently used or materially interfere with the ownership, operation and maintenance of the Assets; (vii) acceptance for filing and effectiveness or approval by Final Order of the FERC of the Interconnection Agreement; and (viii) expiration or early termination of the HSR Act waiting period. "Purchaser's 401(k) Plan" has the meaning ascribed to it in Section 5.03(a).
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Purchaser Required Regulatory Approvals means the FSC Approval, the FTC Approval (to the extent required by applicable Law) and such other Regulatory Approvals required to be made or obtained, as the case may be, in connection with the Transactions on or prior to the Closing by the Purchaser or its Subsidiaries with any Governmental Authority in or outside Korea;
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Purchaser Required Regulatory Approvals has the meaning set forth in Section 4.04(a).
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Examples of Purchaser Required Regulatory Approvals in a sentence

  • Except for Purchaser Required Regulatory Approvals, no consent, approval or action of, filing with or notice to any Governmental or Regulatory Authority on the part of Purchaser is required in connection with the execution, delivery and performance of this Agreement or any of the Operative Agreements to which it is a party or the consummation of the transactions contemplated hereby or thereby.

  • Subject to Section 1.10, all Seller Required Regulatory Approvals and Purchaser Required Regulatory Approvals shall have been duly obtained, made or given and shall be in full force and effect and shall be a Final Order, and all terminations or expirations of waiting periods imposed by any Governmental or Regulatory Authority necessary for the consummation of the transactions contemplated by this Agreement and the Operative Agreements, including under the HSR Act, shall have occurred.

  • Nothing in this Agreement shall require Purchaser to institute litigation or to pay or agree to pay any sum of money or make financial accommodations (other than the payment or incurrence of customary expenses and filing or other fees) in order to obtain any necessary consent, approval or authorization including, without limitation, the Purchaser Required Regulatory Approvals.

  • Seller and Purchaser shall use their best efforts to file for all Seller's Required Regulatory Approvals and Purchaser Required Regulatory Approvals, respectively, within thirty (30) days after the Effective Date.

  • The Company Required Regulatory Approvals and the Purchaser Required Regulatory Approvals shall have been obtained and shall have become Final Orders.

  • Purchaser further agrees that, in seeking the approval described in clause (v) of the definition of Purchaser Required Regulatory Approvals, Purchaser shall use commercially reasonable efforts to seek any reasonable PPUC approval that would allow Purchaser to consummate the transactions contemplated hereby and to own, operate and maintain the Assets in substantially the same manner as currently owned, operated and maintained by Seller.

  • Except for the Purchaser Required Regulatory Approvals, no registration or filing with, or consent or approval of or other action by any Governmental Authority or any other Person is required to have been or will be required to be obtained by the Purchaser in connection with the execution, delivery and performance of the this Agreement.

  • If, notwithstanding Purchaser's compliance with Section 1.10(a) and with Section 5.01, the Purchaser Required Regulatory Approval described in clause (ii) of the definition of Purchaser Required Regulatory Approvals is not obtained from FERC with respect to the proposed purchase, ownership or operation of the PGE Colstrip Transmission Assets, or is finally denied by FERC, then the Parties contemplate that they will enter into a Transmission Service Agreement, negotiation of which has yet to be completed.

  • The Company Required Regulatory Approvals and the Purchaser Required Regulatory Approvals shall have been obtained or made and shall remain in full force and effect and all statutory waiting periods in respect thereof shall have expired and shall not have imposed a condition on such approvals that is, individually or in the aggregate, reasonably likely, after the Closing Date, to have or result in a Material Adverse Effect.


More Definitions of Purchaser Required Regulatory Approvals

Purchaser Required Regulatory Approvals has the meaning set forth in Section 5.4 and includes the approvals listed in Section 5.4 of the Purchaser Disclosure Schedule.
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Related to Purchaser Required Regulatory Approvals

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

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

  • 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;

  • Regulatory Approvals with respect to the Warrantholder, means, to the extent applicable and required to permit the Warrantholder to exercise this Warrant for shares of Common Stock and to own such Common Stock without the Warrantholder being in violation of applicable law, rule or regulation, the receipt of any necessary approvals and authorizations of, filings and registrations with, notifications to, or expiration or termination of any applicable waiting period under, the Xxxx-Xxxxx-Xxxxxx Antitrust Improvements Act of 1976, as amended, and the rules and regulations thereunder.

  • Regulatory Approval means any and all approvals, licenses, registrations or authorizations of any Regulatory Authority that are necessary for the marketing and sale of a product in a country or group of countries.

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

  • Pricing Approval means such governmental approval, agreement, determination or decision establishing prices for a Licensed Product that can be charged and/or reimbursed in regulatory jurisdictions where the applicable Governmental Authorities approve or determine the price and/or reimbursement of pharmaceutical products.

  • Product Approvals 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.

  • Marketing Authorization Application or “MAA” means an application to the appropriate Regulatory Authority for approval to sell the Product (but excluding Pricing Approval) in any particular country or regulatory jurisdiction.

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

  • FDA Approval means with respect to the Product, a Regulatory Approval by the FDA for the commercial use of the Product in the United States.

  • Regulatory Authorizations means all approvals, clearances, notifications, authorizations, orders, exemptions, registrations, listings, certifications, licenses and permits granted by, submitted to or filed with any Regulatory Agencies necessary for the testing, manufacture, development, distribution, use, storage, import, export, transport, promotion, marketing, sale or other commercialization of any Product in any country or jurisdiction, including any Investigational Application.

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

  • 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.

  • Marketing Authorization means all approvals from the relevant Regulatory Authority necessary to market and sell a Licensed Product in any country (including without limitation all applicable Price Approvals even if not legally required to sell Licensed Product in a country).

  • Required Governmental Approvals means Purchaser Required Governmental Approvals and Seller Required Governmental Approvals.

  • Regulatory Conditions means the conditions set out in paragraphs 3.3 to 3.5 (inclusive) of Part A of Appendix I to the Announcement;

  • Drug Approval Application means an application for Regulatory Approval required before commercial sale or use of a Product as a drug in a regulatory jurisdiction.

  • Marketing Approval Application or “MAA” means a New Drug Application (or its equivalent), as defined in the U.S. Food, Drug and Cosmetic Act and the regulations promulgated thereunder, or any corresponding or similar application, registration or certification in any country.

  • 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.

  • 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.

  • 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: (a) general plan, general plan amendments, specific plans and specific plan amendments; (b) tentative and final subdivision and parcel maps; (c) conditional use permits and master plans; (d) zoning, zoning map amendments, and zoning text amendments; and, (e) grading and building permits.

  • Export Approvals has the meaning specified in Section 4.26(a).

  • Regulatory Submissions means any filing, application or submission with any Regulatory Authority, including authorizations, approvals or clearances arising from the foregoing, including Regulatory Approvals and any pricing or reimbursement approvals, as applicable, and all correspondence or communication with or from the relevant Regulatory Authority, as well as minutes of any material meetings, telephone conferences or discussions with the relevant Regulatory Authority, in each case, with respect to a Licensed Product.

  • Gaming Approvals means with respect to any action by a particular Person, any consent, finding of suitability, license, approval or other authorization required for such action by such Person from a Gaming Authority or under Gaming Laws.

  • Marketing Approval means all approvals, licenses, registrations or authorizations of the Regulatory Authority in a country, necessary for the manufacture, use, storage, import, marketing and sale of a Product in such country.