Common use of XXXX Approval Clause in Contracts

XXXX Approval. STNE is obliged to submit, including in the pre-notification regime, if applicable, the Transaction contemplated in this Agreement to XXXX'x Approval, within a maximum period of twenty (20) business days counted as of the date hereof, and Linx must provide all information requested by the legal representatives of STNE within a maximum of five (5) days as from the request, or in shorter period, if necessary, in order to enable compliance with the deadline with XXXX. Linx's failure to provide the requested information within five (5) days, as established above, postpone, at least for the same number of delayed days, in up to twenty (20) business days to submit the Transaction to XXXX. STNE should lead the analysis process, having autonomy regarding the definition of the best strategy before XXXX, and should always consult Linx with reasonable advance, keeping it informed of all interactions with XXXX. The Companies undertake, from now on, to cooperate fully with each other throughout the entire process, providing all information and documents reasonably necessary for the preparation of notification and fulfillment of any requests for additional information/clarification by XXXX, in order to obtain the said approval as soon as possible.