Regulatory License definition

Regulatory License means any authorization, license, registration, permission, permit, easement, franchise, grant, variance, exception, exemption, consent, certificate, certification, approval or confirmation of non-objection of any Governmental Entity of competent jurisdiction.

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Regulatory License means any license, approval, consent, authorization, grant or other authority issued by the FCC, any State public utility commission, municipal or county government or agency or any other governmental consent that is required to perform any activity under this Agreement, but shall not be construed to mean any license, approval, consent, authorization, grant or other authority that may be issued or become available under Section 271 of the Act.

Regulatory License means each Permit, license and related approvals authorizing the Company or any Subsidiary to operate in the State of California that can lawfully cultivate, produce, process and sell medical cannabis and cannabis products.

Examples of Regulatory License in a sentence

• Each Material Regulatory License is in full force and effect in all material respects and has not been revoked, suspended, cancelled, rescinded, terminated, modified and has not expired.

• There are no pending or threatened actions by or before any Governmental Authority to revoke, suspend, cancel, rescind, terminate or materially adversely modify any Material Regulatory License.

• No Loan Party has knowledge of any event, condition or circumstance that would preclude any Regulatory License from being renewed in the ordinary course (to the extent that such Regulatory License is renewable by its terms), except where the failure to be renewed has not had and would not reasonably be expected to have, individually or in the aggregate, a Material Adverse Effect.

• If any Material Regulatory License with respect to Arizona, Maryland, Minnesota and New York ceases to be valid, subsisting and in good standing, if any Borrower operating in any of the foregoing States is not permitted to use a Material Regulatory License in such State or if any Material Regulatory License is withdrawn, cancelled, suspended or adversely amended in a manner that would reasonably be expected to result in a Material Adverse Effect.

• Each Regulatory License is in full force and effect in all material respects and has not been revoked, suspended, cancelled, rescinded, terminated, modified and has not expired.

More Definitions of Regulatory License

Regulatory License means the license and related approvals authorizing the Company to operate as a grower/processor in the state of Nevada that can lawfully cultivate, produce, process and sell medical cannabis and cannabis products pursuant to under the Medicinal and Adult-Use Cannabis Regulation and Safety Act.

Regulatory License means any marketing authority conveyed by a New Drug Approval, Emergency Use Authorization, fast track approval, or their equivalents granted by a Regulatory Agency.

Regulatory License means all licenses, permits, approvals, authorizations, registrations, findings of suitability, franchises and entitlements issued by any Regulatory Authority necessary for the lawful conduct of activities by the Company under Regulatory Laws.

Regulatory License means the license and related approvals authorizing the Acquired Company to operate as a Medical Marijuana Treatment Center that can lawfully produce, process and dispense medical marijuana and marijuana products pursuant to under the Florida Compassionate Medical Cannabis Act of 2014.

Regulatory License means any permit, license, certificate, authorization, approval, consent, permission, accreditation, qualification, registration, filing, exemption, waiver, variance, clearance, franchise, concession or other right required, issued, granted, given or otherwise made available by or under the authority of any Governmental Authority required to be held by Borrower, or that Borrower must have rights to use, to conduct its Cannabis Business or Support Business, as applicable, in compliance with State Cannabis Laws. For purposes of this definition only, neither the U.S. Federal government nor any agency thereof shall constitute a Governmental Authority.

Regulatory License means each Government Approval required to be held by Borrower, or that Borrower must have rights to use, to conduct its Cannabis Business or Support Business, as applicable, in compliance with State Cannabis Laws.

Regulatory License means, as to each Loan Party or Subsidiary, the licenses and related approvals authorizing such entity, as applicable, to operate as a grower, processor, dispensary as applicable, in each state, province and territory in which it so operates, that can lawfully cultivate, produce, process and sell, as applicable, cannabis and cannabis products.