OSC Approval Sample Clauses
The OSC Approval clause requires that certain actions, agreements, or transactions receive formal approval from the Ontario Securities Commission (OSC) before they can proceed. In practice, this means that parties must submit relevant documentation or applications to the OSC and await its authorization prior to implementing specific business activities, such as mergers, securities offerings, or regulatory filings. The core function of this clause is to ensure regulatory compliance and oversight, thereby protecting investors and maintaining the integrity of the financial markets.
OSC Approval. This Stadium Lease is subject to review and approval by OSC pursuant to Public Authorities Law section 2879-a and the regulations issued thereunder and shall not be valid or enforceable, nor shall the ECSC have any liability of any kind arising from or in connection with this Stadium Lease, until the earlier of: (a) receipt of approval by OSC; and (b) if no such approval or disapproval is received by OSC within ninety (90) days of submission of this Stadium Lease to OSC pursuant to the requirements of Public Authorities Law section 2879-a and the implementing regulations, the date that is ninety (90) days after such submission.
OSC Approval. The OSC Approval will have been obtained or received on terms satisfactory to the Purchaser and the Company, each acting reasonably, and the OSC Approval shall be in force; and
OSC Approval. This Agreement is subject to review and approval by OSC pursuant to Public Authorities Law section 2879-a and the regulations issued thereunder and shall not be valid or enforceable, nor shall the ECSC have any liability of any kind arising from or in connection with this Agreement, until the earlier of: (a) receipt of approval by OSC; and (b) if no such approval or disapproval is received by OSC within ninety (90) days of submission of this Agreement to OSC pursuant to the requirements of Public Authorities Law section 2879-a and the implementing regulations, the date that is ninety (90) days after such submission.
OSC Approval. This Agreement is subject to review and approval by OSC pursuant to Public Authorities Law section 2879-a and the regulations issued thereunder and shall not be valid or enforceable, nor shall the ECSC have any liability of any kind arising from or in connection with this Agreement, until the earlier of: (a) receipt of approval by OSC; and (b) if no such approval or disapproval is received by OSC within ninety (90) days of submission of this Agreement to OSC pursuant to the requirements of Public Authorities Law section 2879-a and the implementing regulations, the date that is ninety (90) days after such submission. THIS ASSIGNMENT AND ASSUMPTION AGREEMENT (this “Agreement”) is made as of the day of , 20 , (the “Effective Date”) by and between Buffalo Bills, LLC, a Delaware limited liability company (the “Assignor”), and , a , (“Assignee”).
OSC Approval. In accordance with Section 112 of the State Finance Law, a Contract awarded under Solicitation 23198 shall not be valid, effective or binding upon the State until such Contract has been approved by the Office of the New York State Comptroller (“OSC”). Purchase orders or other procurement transactions issued under such Contract(s) may also be subject to OSC approval.