Receipt of Regulatory Approval. The obligations of the Parties to perform this Agreement, other than the Parties’ obligations under Section 6.1, Section 6.2, Section 8.2, Section 8.3 and Section 12, are conditioned upon and shall not become effective or binding until the receipt of the Regulatory Approval. Buyer shall notify Seller within five (5) Business Days after receipt of the Regulatory Approval or receipt of an order of the MDPU regarding this Agreement that is not acceptable in form and substance to Buyer in its sole discretion.
Receipt of Regulatory Approval. The obligations of the Parties to perform this Agreement, other than the Parties’ obligations under Section 3.3(d), Section 3.7, Section 6.1, this Section 8.1, Section 11 and Section 12, are conditioned upon and shall not become effective or binding until the receipt of the Regulatory Approval. Buyer shall file for the Regulatory Approval and will use commercially reasonable efforts to make that filing within ninety (90) days after the Effective Date. Buyer shall notify Seller within ten (10) Business Days after receipt of the Regulatory Approval or receipt of a final written order of the MDPU regarding this Agreement that does not satisfy all of the requirements of the Regulatory Approval (except that the final written order may remain subject to appeal or rehearing). This Agreement may be terminated by either Buyer or Seller in the event that Regulatory Approval is not received within two hundred seventy (270) days after filing, without liability as a result of such termination, subject to the return of Credit Support as provided in Section 6.1.
Receipt of Regulatory Approval. Except to the extent waived by Buyer, the obligations of the Parties to perform this Agreement, other than the Parties’ obligations under Sections 6.1(b), 6.1(e), 6.1(g) and 6.3 and Articles 8, 11 and 12, are conditioned upon and shall not become effective or binding until the receipt of the Regulatory Approval. Buyer shall file for Regulatory Approval as soon as practicable following the execution of this Agreement, and in any event shall use Commercially Reasonable Efforts to file within sixty (60) days after the Effective Date. Buyer shall notify Seller within five (5) Business Days after receipt of the Regulatory Approval or receipt of an order of the MDPU regarding this Agreement. This Agreement may be terminated by either Buyer or Seller, without liability under this Agreement as a result of such termination, subject to the return of Credit Support as provided in Section 6.3, in the event that the Regulatory Approval is not received by January 25, 2020.
Receipt of Regulatory Approval. The obligations of the Parties to perform this Agreement, other than the Parties’ obligations under Section 6.1, [Section 6.2,]Section 8.2 and Section 12, are conditioned upon and shall not become effective or binding until the receipt of the Regulatory Approval. Buyer shall notify Seller within five (5) Business Days after receipt of the Regulatory Approval or receipt of an order of the MDPU regarding this Agreement. This Agreement may be terminated by either Buyer or Seller in the event that Regulatory Approval is not received within 270 days after filing, without liability as a result of such termination, subject to the return of Credit Support as provided in Section 6.3.
Receipt of Regulatory Approval. The obligations of the Parties to perform this Agreement, other than the Parties’ obligations under Section 6.1, Section 6.2, Section 8.2, and Section 12, are conditioned upon and shall not become effective or binding until the earlier of:
Receipt of Regulatory Approval. Borrower shall obtain any requisite approval of the Federal Reserve or other regulatory approval, and Lenders shall have no responsibility to verify whether Borrower has obtained any requisite approval of the Federal Reserve or other regulatory approval, for the payment of principal (including payment at maturity or prepayment prior to maturity). Borrower shall use commercially reasonable efforts to seek and maintain any and all regulatory or other approvals necessary to allow Borrower to make each scheduled interest payment on the Term Loan.
Receipt of Regulatory Approval. NILE shall notify MAYO within five (5) business days of receiving official notice of any regulatory approval for any Product.
Receipt of Regulatory Approval. The obligations of the Parties to perform this Agreement, other than the Parties’ obligations under Section 6.2, Section 8.2, and Section 12, are conditioned upon and shall not become effective or binding until the earlier of: (a) the receipt of the Regulatory Approval and the receipt of final approval of the Other Agreements from the other Regulatory Agencies, or (b) both (i) the receipt of the Regulatory Approval from the MDPU, and (ii) Seller’s delivery of written notice to Buyer that Seller elects to make this Agreement immediately effective and binding, which such notice may be delivered to Buyer at any time between the receipt of the Regulatory Approval from the MDPU and fifteen (15) days after the other Regulatory Agencies issue final decisions with respect to the Other Agreements. Buyer shall (A) file for the Regulatory Approval within one hundred eighty (180) days of the Effective Date and (B) notify Seller within five (5) Business Days after receipt of the Regulatory Approval or receipt of any other order of the MDPU regarding this Agreement. This Agreement may be terminated by either Buyer or Seller in the event that (1) Regulatory Approval is not received from the MDPU within two hundred seventy (270) days after filing for the Regulatory Approval, or (2) either (y) the final approval of the Other Agreements from the other Regulatory Agencies has not been received or (z) Seller has not given notice to Buyer that it elects to make this Agreement effective and binding, in the case of either subclause (y) or (z), within two hundred seventy (270) days after filing for the Regulatory Approval. Any such termination of this Agreement by either Buyer or Seller shall be without further liability to either Party, subject to the return of Credit Support as provided in Section 6.3.
Receipt of Regulatory Approval. The Electronic Money Institution Approvals shall have been obtained.
Receipt of Regulatory Approval. The obligations of the Parties to perform this Agreement, other than the Parties’ obligations under Article 12, are conditioned upon and shall not become effective or binding until the receipt of the Regulatory Approval. Buyer shall notify Seller within five (5) Business Days after receipt of the Regulatory Approval or receipt of an order of the PURA regarding this Agreement. This Agreement may be terminated by either Buyer or Seller in the event that Regulatory Approval is not received within one hundred eighty (180) days after filing, without liability as a result of such termination, subject to the return of Credit Support, including the Seller Guaranty, as provided in Section 6.3.
