Approved States definition

Approved States means the list of states listed on Schedule III hereto or any other state approved in writing by Administrative Agent in its Permitted Discretion; provided, on the date that the [***] becomes effective, [***] shall automatically and without any further action be removed from Schedule III and shall no longer constitute an Approved State.

Split View

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Get StartedBook a Demo

Approved States means Washington, Oregon, Utah and Idaho, and any other state approved in writing by the Lessor and the Agent.

Approved States means those jurisdictions where all consents, registrations, approvals, permits and authorizations listed on Item 8.1(d) of the Company Letter which are required to be obtained prior to the Effective Time by the Company or Corvis or any of their respective Subsidiaries from any Governmental Entity in connection with the execution and delivery of this Agreement and the consummation of the Merger and the other transactions contemplated hereby by the Company, have been made or obtained (as the case may be). All jurisdictions are classified as either “Approved States” or “Pending States.” A jurisdiction shall automatically be classified as an Approved State upon the satisfaction of the requirements in this definition. For example, when a State PUC grants its approval to the Merger the classification of the state will automatically switch from Pending to Approved as of the date of the effective date of the State PUC action.

Examples of Approved States in a sentence

• Lender shall not provide financing for any Receivable generated in a state other than the Approved States until Administrative Agent’s counsel has reviewed applicable lending and homestead laws in such new state and Administrative Agent has approved activities in such new state by adding such new state to the Approved State list.

• These Program Standards will be reviewed at least every 3 years by APHIS, Approved States, cervid industry representatives, and other appropriate stakeholders.

• On the Basic Term Commencement Date and each annual anniversary thereof during the Term, the Lessee shall provide a certificate to the Agent on behalf of the Owner Trustee, the Lenders, the Holders and the Bank Lenders certifying (a) any changes in the allocation of Equipment Cost among the Approved States referenced in each Certificate of Acceptance and (b) the Lessee shall have made all necessary and appropriate payment of additional filing taxes and other like charges in connection with the foregoing.

• Lender shall not provide financing for any Existing Receivable generated in a state other than the Approved States until Lender’s counsel has reviewed applicable lending and homestead laws in such new state and Lender has approved activities in such new state by adding such new state to the Approved State list.

• The CWD HCP Program Standards will contain required procedures, standards, and guidance adopted by APHIS and Approved States for the CWD herd certification program.

More Definitions of Approved States

Approved States shall have the meaning set forth in Section 6.1(h) hereof.

Approved States means the Approved States or Approved Bank Partner States, as those terms are defined in the Senior Facility, as well as any other states approved by Purchaser Agent in accordance with Section 2.5(a).

Approved States means Indiana.

Approved States means all States within the United States unless the Lender notifies Borrower that it will not accept as Collateral Commercial Mortgage Loans secured by real property located in a particular State. 

Approved States means Georgia, Nevada and such other states that the Company requests, in writing, to add and which are approved in writing by the Administrative Agent in its sole discretion; provided, however, that in no event will a state in which a Regulatory Trigger Event is continuing be an “Approved State”; provided, further, on the first date following July 19, 2023, that a Bank Partner Receivable is originated to an Obligor residing in any Specified Bank Partner State, each of Georgia and Nevada shall be automatically, and without any further action, deemed immediately removed from the foregoing list and shall no longer constitute an “Approved State”. “Approved Subsidiary SPV Borrowers” means the Existing SPV Borrowers and any other Subsidiaries of the Company which are special purpose vehicle borrowers under any Approved SPV Facility.

Approved States means Georgia and Tennessee.

Approved States means and include those States set forth on Section 6.1(i) of Schedule A hereto.