Required Regulatory Approval definition

Required Regulatory Approval means any Required Consent of any Governmental Entity.

Required Regulatory Approval shall have the meaning set forth in Section 7.3(b).

Required Regulatory Approval means a Buyer Required Regulatory Approval or a Seller Required Regulatory Approval.

Examples of Required Regulatory Approval in a sentence

• If any application is made in connection with seeking any Required Regulatory Approval and is denied, or is granted in a form, or subject to conditions, that either Party rejects, in its sole discretion, as unacceptable, this Agreement shall terminate as of the date that a Party notifies the other Party of such denial or rejection, in which event the obligations of the Parties under this Agreement shall cease as of such date and this Agreement shall terminate.

• If Company anticipates that the cost of obtaining any such permit, license, permission, consent or Required Regulatory Approval will represent a substantial portion of Project costs, Company shall provide written notice thereof to Customer, such notice to be provided promptly following Company’s determination that such costs will be incurred.

• In the event that Company or CHURCHVILLE are unable to obtain any Required Regulatory Approval in connection with the proposed transfer of the Existing Tap Line Assets, Company may remove the Existing Tap Line Assets at CHURCHVILLE’s cost and expense.

• In addition, the Parties shall share equally the fees and expenses of such legal counsel as the Parties shall mutually agree will have primary responsibility for the preparation and prosecution of any and all applications and proceedings with respect to the Required Regulatory Approval of each Applicable Commission.

• No Governmental Entity of competent jurisdiction and authority shall have issued an Order in connection with any Required Regulatory Approval that remains in effect and imposes a Purchaser Burdensome Condition.

More Definitions of Required Regulatory Approval

Required Regulatory Approval means a Regulatory Approval (i) necessary under the HSR Act or required under the Securities Act, the Exchange Act or the securities laws of the several states of the United States, for or in connection with the consummation by the parties thereto of the transactions contemplated by the Transaction Agreements; (ii) consisting of the filing by the Company of the Certificates of Designations with the Secretary of State of the State of Delaware; or (iii) set forth on Schedule 1.01(C) hereto.

Required Regulatory Approval means a Regulatory Approval (i) necessary under the HSR Act or required under the Securities Act, the Exchange Act or the securities laws of the several states of the United States, for or in connection with the consummation by the parties thereto of the transactions contemplated by the Transaction Agreements; (ii) consisting of the filing by the Company of the Certificates of Designations with the Secretary of State of the State of Delaware; (iii) set forth on Schedule 1.01(C) hereto; (iv) with respect to which a filing, notification or similar action has been made or taken with insurance regulatory authorities in the State of Tennessee prior to the Initial Closing; or (v) relating to the Option and with respect to which a filing, notification or similar action with the appropriate Governmental Entity will be taken following the Initial Closing.

Required Regulatory Approval means the SARB Approval.

Required Regulatory Approval means, with respect to the Collocation Arrangements in a given state, any approval by the public utility commission in that state that is required in order for NAS to assign the Collocation Arrangements in that state to SBCT in accordance with the terms of this Agreement.

Required Regulatory Approval is defined in Section 7.6(a) and (b). For avoidance of doubt, should either Avista or NorthWestern seek approval from their respective state regulatory commissions or FERC, per Section 7.6(a) and (b), such approvals shall be considered Required Regulatory Approvals.

Required Regulatory Approval means, as determined by Owner in its sole discretion, all approvals necessary from the Georgia Public Service Commission in order for Owner to operate the Project as intended. Owner shall exert commercially reasonable efforts to obtain all Required Regulatory Approval and shall issue the Notice to Proceed promptly upon receipt of all Required Regulatory Approval; provided, however, that if the Required Regulatory Approval includes any regulatory conditions that require an amendment to the Agreement or a Change Order, Owner shall not be required to issue the Notice to Proceed until such amendment or Change Order is completed or agreed upon by the Parties pursuant to Section 15.5. For the avoidance of doubt, if Owner issues the Notice to Proceed on or before August, 1, 2015, Contractor shall not be entitled to a Change in Work (including any adjustment to the Contract Schedule, the Milestone Dates or the Contract Price) and, for the avoidance of doubt, Owner’s issuance of the Notice to Proceed in accordance with this Section 7.3.2 shall not constitute an Owner-Caused Delay or Force Majeure Event

Required Regulatory Approval means all consents, approvals or authorizations of, or filings with or notifications to Governmental Authorities, including under the HSR Act or to the U.S. Department of State pursuant to the International Traffic in Arms Regulations.