Non-Approval Clause Samples
The Non-Approval clause defines the consequences and procedures that apply if a required approval is not obtained within a specified timeframe or under certain conditions. Typically, this clause outlines what happens if a party, regulatory body, or third party fails to grant necessary consent or authorization, such as the termination of the agreement, suspension of obligations, or renegotiation of terms. Its core practical function is to provide a clear process for addressing situations where approvals are not granted, thereby reducing uncertainty and managing risk for all parties involved.
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Non-Approval. If the conditions precedent to the Effective Date occurring have not been satisfied or waived by the Long Stop Effective Date then either Party may by notice terminate this Agreement and from the date of such notice this Agreement shall terminate and shall be deemed to be null and void ab initio save that the provisions of Clause 14 and 15 shall apply.
Non-Approval. In the event that any application necessary under Subparagraph 4(a) above is finally rejected or any certificate, permit, license, or approval issued to Tenant is cancelled, expires, lapses, or is otherwise withdrawn or terminated by governmental authority so that Tenant, in its sole discretion, will be unable to use the Leased Premises for its intended purposes, Tenant shall have the right to terminate this Lease. Notice of Tenant’s exercise of its right to terminate shall be given to Landlord in writing by certified mail, return receipt requested, and shall be effective upon receipt of such notice by Landlord as evidenced by the return receipt. Except as required under Subparagraph 12(d) below, upon such termination, this Lease shall become null and void and the parties shall have no further obligations to each other.
Non-Approval. If the non-requesting Party does not approve the requesting Party’s acquisition of such rights to any such Patents or Know-How Controlled by a Third Party, then, the other Party may enter into an agreement to acquire such rights (whether by license, or otherwise). However, if Ionis was the requesting Party and Akcea did not approve Ionis’ acquisition of such rights, then upon the execution of such an agreement, such agreement will not become a Future In-License Agreement, the Patents and Know-How acquired or licensed thereunder will not be Controlled by Ionis for purposes of this Agreement, and will not be licensed to Akcea under this Agreement, and amounts payable by Ionis to the Third Party will not be Third Party Obligations included in Expenses for the purpose of the Profit/Loss Share. Similarly, if Akcea is the requesting Party and Ionis did not provide such approval, then Akcea may enter into an agreement to acquire such rights, but may not include any amounts payable to such Third Party pursuant to such agreement in Expenses for the purposes of the Profit/Loss Share.
Non-Approval. In the event that any application necessary under Subsection 3(a) above is rejected or any certificate, permit, license or approval issued to Tenant is canceled, denied, expires, lapses or is otherwise withdrawn or terminated by government authority so that Tenant, in its sole discretion, will be unable to use the Leased Premises for its intended purposes, or if an interference or engineering study, whether conducted pursuant to Subsections 3(b) and 3(c) above or otherwise, should indicate, in Tenant’s sole discretion, that the Leased Premises are unsatisfactory for Tenant’s intended use, Tenant shall have the right to terminate this Sublease and no further rent shall be due following the Termination Date. Notice of Tenant’s exercise of its right to terminate pursuant to this Subsection shall be given to Landlord in writing as provided in accordance with Section 25, Notices, of this Sublease. Except as required under Subsection 15(d) below, upon such termination, this Sublease shall become null and void and the parties shall have no further obligation to each other.
Non-Approval. We will notify you whether you have been approved within 10 days after the date we receive a completed Application. Your Application will be considered "disapproved" if we fail to notify you of your approval within 10 days after we have received a completed Application. Notification may be in person or by e-‐mail or by mail or telephone unless you have requested that notification be by mail. You must not assume approval until you receive actual notice of approval. The 10-‐day period may be changed only by separate written agreement.
Non-Approval. In the event the Court denies the Motion for Preliminary Approval of the Settlement, then the Parties will meet and confer in an effort to agree to an amended settlement agreement that addresses the Court’s concerns. Within thirty (30) Calendar Days of the denial, the Parties shall either submit a revised agreement to the Court or request a new trial date. If thirty (30) Calendar Days is insufficient time for the Parties to submit a revised agreement to the Court, the Parties may request additional time from the Court.
Non-Approval. In the event that any Government Approvals is finally rejected or any certificate, permit, license, or approval issued to Company is canceled, expires, lapses, or is otherwise withdrawn or terminated by the governmental authority rendering the Premises unsuitable for Company’s intended purposes, either Party shall have the right to terminate this Agreement. Notice of the exercise of the right to terminate under this subsection shall be effective upon receipt of such notice by the other Party as evidenced by the return receipt. All amounts paid to said termination date shall be retained by City.
Non-Approval. Neither by inspection, if any, or non-rejection, nor in any way, does National Grid give any warranty, expressed or implied, as to the adequacy, safety, durability, suitability, or reliability or other characteristics of the Project or any associated control, protective, and safety devices owned or controlled by Participant or the quality of power produced by the Project.
Non-Approval. In the event that any application necessary under Subparagraph 4(a) above to implement the equipment modifications contemplated in Exhibit D is finally rejected, Tenant shall have the right to terminate the Lease, in writing, within 30 days of notice of said final application rejection. Tenant’s failure to timely exercise this termination option shall be deemed to be a waiver of the same. Should Tenant exercise the termination right contemplated in this paragraph, Tenant shall not be entitled to recover any rent paid prior to such termination nor shall such action eliminate Tenant’s obligation to pay any delinquent rent. Further, Tenant shall not be entitled to recover or withhold any portion of the Signing Bonus owed to Landlord pursuant to Subparagraph 2(a) above. Tenant shall also reimburse Landlord for any actual costs incurred in the review of the application pursuant to subparagraph 3(d) above. Notice of Tenant's exercise of its right to terminate shall be given to Landlord as outlined in Section 20 of this Lease and shall be effective upon receipt of such notice by Landlord as evidenced by the return receipt, or on such later date as specified in the notice by ▇▇▇▇▇▇. Except as required under Subparagraph 12(d) below, upon such termination, this Lease shall become null and void and the parties shall have no further obligation to each other, except for those obligations outlined in Paragraph 9 of this Lease.
Non-Approval. If the Principal notifies the Contractor under clause 7.3(b) that the Principal does not approve the Contractor’s maintenance manual, then within 20 Business Days from the Principal’s notification under clause 7.3(b), the Contractor must either:
(a) submit a new or amended maintenance manual and this clause will apply to any new or amended maintenance manual submitted; or
(b) notify the Principal in writing that the Contractor does not wish to vary the Contractor's maintenance manual submitted in the manner required to satisfy the Principal, in which case:
(1) the Contractor and the Principal must meet within a further period of 10 Business Days and negotiate in good faith and use all reasonable endeavours to resolve the aspect which has not been approved by the Principal; and
(2) if the Principal and the Contractor are not able to resolve the relevant aspect within a further 10 Business Days, the requirements of the Principal will prevail.
