SEC Approval means the approval of the SEC under PUHCA needed for Buyer to finance the purchase of the LLC Interests hereunder, including authority under Sections 6 and 7 of PUHCA for Allegheny Energy, Inc., Buyer's parent company, to issue and sell equity securities in an amount not to exceed $1,000,000,000, which approval shall be obtained by Buyer in accordance with the requirements of Section 7.9(c).
SEC Approval has the meaning given to such term in Section 8.1(o).
SEC Approval. Means the Company and TCI Holding shall seek approval to enter into the Stock Issuance Transaction with the Securities and Exchange Commission (SEC) and the Company and TCI Holding agree that they will not enter into the Stock Issuance Transaction unless and until SEC approval has been obtained.
Examples of SEC Approval in a sentence
Until receipt of the SEC Approval, Buyer agrees to (i) keep Seller fully informed of the status of the SEC Approval Request, (ii) cause AEP to use reasonable efforts to expedite the SEC’s processing of the SEC Approval Request and obtain the SEC Approval, and (iii) not seek (and cause its Affiliates, including AEP not to seek) any increase in AEP’s authority to acquire “Energy Assets” within the meaning of Holding Co. Act Release No. 26933 (Nov.
More Definitions of SEC Approval
SEC Approval means that the SEC staff has advised that it has no further comments on the Company Circular or that it will not review the Company Circular.
SEC Approval has the meaning set forth in Section 10.1.
SEC Approval means the approval by the SEC of the presently filed and pending request by American Electric Power Company, Inc., Buyer’s corporate parent, for an increase in the maximum dollar limit to its authority to acquire “Energy Assets” within the meaning of Holding Co. Act Release No. 26933 (Nov. 2, 1998).
SEC Approval. If a Registration Statement is filed with the SEC in accordance with Section 4.5(e)(ii), the Registration Statement shall have been declared effective by the SEC, and no stop order suspending the effectiveness of the Registration Statement or any part thereof shall have been issued and no proceeding for that purpose, shall have been initiated or threatened by the SEC.”
SEC Approval means clearance by the SEC of the Company Circular.
SEC Approval means a release by the Securities and Exchange Commission that is required to be obtained in order for the Borrower to legally and validly borrow in an aggregate amount greater than the SEC Limit and for the term of this Agreement to be at least 364 days.
SEC Approval means SEC approval of Purchaser's purchase of the Acquired Interest without any conditions which in the judgment of either of the parties make it impractical to consummate the transactions contemplated by this Agreement.