EXEMPT APPROVAL Sample Clauses
The Exempt Approval clause defines circumstances under which certain actions, transactions, or decisions do not require prior approval from a governing body, authority, or other party that would otherwise have oversight. In practice, this clause typically lists specific activities or thresholds—such as routine operational decisions, minor expenditures, or actions below a set financial limit—that are automatically permitted without the usual approval process. By delineating these exemptions, the clause streamlines operations and reduces administrative delays, ensuring that only significant or exceptional matters are escalated for formal approval, thereby increasing efficiency and clarity in decision-making.
EXEMPT APPROVAL. The Seller's Scheme is an exempt approved scheme or capable of exempt approval.
EXEMPT APPROVAL. The Disclosed Scheme is an exempt approved scheme and has been with effect from its date of commencement within the meaning of section 592(1) of the TA and, as far as ▇▇▇▇▇▇ is aware, there is no reason why such approval might be withdrawn or cease to apply.
EXEMPT APPROVAL. The Retirement Fund and the Rich▇▇▇ ▇▇▇▇▇ ▇▇▇uctured Finance Limited Retirement Scheme are, and have been with effect from the date of their commencement, (within the meaning of Section 592(1) of the TA) exempt approved schemes and so far as the Covenantors are aware there is no reason why such approval might be withdrawn or cease to apply.
EXEMPT APPROVAL. The Disclosed Scheme is in receipt of interim approval from the Pension Schemes Office of the Inland Revenue and the Warrantors are not aware of any reason why such interim approval might be withdrawn or cease to apply.
EXEMPT APPROVAL. As far as the Warrantors are aware the EPP and the Death in Service Plan are exempt approved schemes within the meaning of section 592(1) of the TA and there is no reason why such approval might be withdrawn or cease to apply.
EXEMPT APPROVAL. The Pension Scheme is approved under Chapter IV of Part XIV of ICTA and so far as the Seller is aware there is no reason why such approval might be withdrawn or might cease to apply.
EXEMPT APPROVAL. All the Disclosed Schemes are exempt approved schemes and have been with effect from their dates of commencement within the meaning of section 592(1) of the TA and there is no reason why such approval might be withdrawn or cease to apply.