Approved Purchaser definition

Approved Purchaser has the meaning set forth in Section 11.5(b).

Split View

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Get StartedSchedule a Demo

Approved Purchaser means any purchaser approved by the CMA

Approved Purchaser means a proposed purchaser of Membership Units or Membership Units Equivalents, who, in connection with its proposed purchase of Membership Units or Membership Units Equivalents, has obtained all licenses, permits, registrations, authorizations, consents, waivers, orders, findings of suitability or other approvals required to be obtained from, and has made all filings, notices or declarations required to be made with, all Gaming Authorities under all applicable Gaming Laws.

Examples of Approved Purchaser in a sentence

• In order to enforce the foregoing, the Company may request that, in addition to any other documentation reasonably required pursuant to this Agreement, the transferring Stockholder provide it with a written opinion of counsel, in form and substance reasonably acceptable to counsel to the Company, to the effect that such Transfer is exempt from registration under the Federal securities laws and does not violate any Gaming Laws, and that the transferee is an Approved Purchaser.

• In the event of a controversy as to the amount to be paid to Licensor pursuant to this subsection 24(I)(i)(b), the payment obligation shall be satisfied if Licensor shall be paid the amount not in controversy, and the Secured Party or the Approved Purchaser, as the case may be, shall agree to pay any additional sum ultimately determined to be due, plus interest at a rate per annum equal to the Interest Rate and such obligation shall be adequately secured.

• Unless provided otherwise elsewhere, payment by an Approved Purchaser shall be made not later than the twenty fifth (25th) day of the month following the month in which the invoice is raised.

• Prior to consummation of any Transfer, a transferring Member must provide to the other Member reasonable evidence that the proposed transferee is an Approved Purchaser (the “Approved Purchaser Test”).

• However, Purchaser shall not be liable for the obligations of any Approved Purchaser under this Agreement or in any order by an Approved Purchaser initiated and accepted in accordance with the provisions hereunder.

More Definitions of Approved Purchaser

Approved Purchaser means any purchaser or purchasers approved by the CMA pursuant to the Purchaser Approval Criteria set out in Appendix 1;

Approved Purchaser is defined in Section 13.1(a).

Approved Purchaser means any third party purchaser of a Mortgage Loan, except for any person whom the Lender has notified the Custodian and the Borrower in writing that such person is not reasonably satisfactory to the Lender.

Approved Purchaser means a proposed purchaser of Common Stock, that, in connection with its proposed purchase of Common Stock, (i) has obtained all licenses, permits, registrations, authorizations, consents, waivers, orders, findings of suitability or other approvals required to be obtained from, and has made all filings, notices or declarations required to be made with, all Gaming Authorities under all applicable Gaming Laws or (ii) is not required to obtain any such licenses, permits, registrations, authorizations, consents, waivers, orders, findings of suitability or other approvals.

Approved Purchaser means a Purchaser approved for credit by STV from time to time;

Approved Purchaser means a proposed purchaser of Common Stock or Common Stock Equivalents, who, in connection with its proposed purchase of Common Stock or Common Stock Equivalents, has obtained all licenses, permits, registrations, authorizations, consents, waivers, orders, findings of suitability or other approvals required to be obtained from, and has made all filings, notices or declarations required to be made with, all Gaming Authorities under all applicable Gaming Laws.

Approved Purchaser means a Person whose long term senior unsecured debt rating from S&P is at least “BBB+” or whose obligations are unconditionally guaranteed pursuant to a guaranty of payment by a Person (the “Approved Purchaser Guarantor”) whose long term senior unsecured debt rating from S&P is at least “BBB+”, in either case at the time such Gas Sales Contract is entered into, provided that if such Person’s (or Approved Purchaser Guarantor’s, if applicable) long term senior unsecured debt rating from S&P subsequently is downgraded to “BBB with negative outlook” or to “BBB-” or below, the Person will cease to be an Approved Purchaser until such time as such Person’s (or such Approved Purchaser Guarantor’s, if applicable) long term senior unsecured debt rating is upgraded to “BBB with no negative outlook” or “BBB+” or above.