Approval Time definition
Examples of Approval Time in a sentence
If the Commission issues an Unfavorable PUC Order or if the satisfactory PUC Approval Order is not obtained within twelve (12) months of the PUC Submittal Date, or within such longer period as Company and Seller may agree to by a written agreement ("PUC Approval Time Period"), Company or Seller may, by written notice delivered within one hundred and eighty (180) Days of the Unfavorable PUC Order or the expiration of the PUC Approval Time Period, as applicable, declare this Agreement null and void.
In the event the PUC Approval Order is obtained within the PUC Approval Time Period but that Order is appealed, and a Non-appealable PUC Approval Order is not obtained within PUC Approval Time Period, or within such longer period as Company and Seller may agree to by a subsequent written agreement, Company or Seller may, by written notice delivered within ninety (90) Days of the expiration of the PUC Approval Time Period, declare this Agreement null and void.
At the Approval Time (as defined herein), each Series A Preferred Share of Liberator (a “Liberator Preferred Share” or, collectively, the “Liberator Preferred Shares”) will be converted into one share of preferred stock of ▇▇▇ (the “▇▇▇ Preferred Stock”).
RTS covenants with Ultramast that as at the Approval Time and immediately prior to Completion it will have full legal and beneficial title to the RTS Reduction Shares free from liens, charges, equities and encumbrances.
From and after the Approval Time, the LLC shall be voluntarily liquidated and dissolved.
Subject to applicable law, the LLC shall be entitled to close its transfer books and discontinue recording transfers of membership of the LLC at any time after the Approval Time in order more efficiently to make any distributions to the members.
Suspension, or Discharge Article Article Vacancy Within Vacations Accumulation Accruals in Excess of Months During Article Entitlement Notification of Accumulation No Accrual Preference and Approval Time on Video Display Terminals Voluntary Group Life Insurance Work on Saturday or Sunday The general purpose of this Agreement is to establish mutually satisfactory employment relations between the Employer and the employees covered by this Agreement.
In the event Tenant has not provided written notice to Landlord of the Board Approval by the Board Approval Time, this Lease and the Guaranty described in Section 28.18 shall terminate and neither party shall have any liability to the other hereunder.
After the Approval Time, the LLC shall not engage in any business activities except to the extent necessary to preserve the value of its assets, wind up its business affairs, and distribute its assets in accordance with this Plan.
Promptly (and in any event within ten (10) Business Days) following the Approval Time, the Company shall prepare and file with the SEC the Information Statement in accordance with Regulation 14C of the Exchange Act related to the Merger and this Agreement to be sent to the stockholders of the Company.