Governmental Approval Dates Clause Samples

Governmental Approval Dates. The Company shall submit completed applications for each of the Governmental Approvals listed below in Table 4-6 by the applicable “Governmental Approval Application Date,” which is the number of days from the Contract Date as indicated in the table. The Company shall obtain each listed Governmental Approval by the “Assumed Approval Issuance Date” set forth below, which is the date by which the applicable Governmental Approval is expected to be obtained, as measured from the Governmental Approval Application Date and assuming the adopted administrative practice of the applicable issuing Governmental Body and the Governmental Body’s compliance with Applicable Law. The Scheduled Acceptance Date shall be adjusted to account for the number of days of delay by a Governmental Body in issuing any required Governmental Approval listed below in Table 4-6 beyond the Assumed Approval Issuance Date, reduced by (i) the number of days of Company delay in submitting a complete application in accordance with this Section beyond the applicable Governmental Approval Application Date, and