CFC Approval definition

CFC Approval means (i) the receipt of approval from the CFC of the transactions contemplated hereby, or (ii) the waiting period under the Mexican Federal Law of Economic Competition shall have expired or been terminated and no action, suit, investigation or proceeding by any Governmental Authority shall have been instituted to restrain, prohibit or otherwise challenge the legality or validity of the transactions contemplated hereby.
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CFC Approval has the meaning given in Section 4.6.
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Examples of CFC Approval in a sentence

  • Except for (i) the CFC Approval, and (ii) matters set forth on Schedule 6.3, no filing or registration with, no waiting period imposed by and no authorization of, any Governmental Authority is required under any Applicable Law to permit Seller Service Co to execute, deliver or perform the Ancillary Documents contemplated to be entered into by Seller Service Co pursuant hereto or to consummate the transactions contemplated thereby.

  • Seller and Buyer filed with the CFC on April 25, 2003 the notifications required to be filed under the Mexican Federal Law of Economic Competition (“Ley Federal de Competencia Económica”), and the CFC Approval has been obtained.

  • The CFC Approval shall continue to be in full force and effect as of the Closing Date.

  • Except for the CFC Approval, no filing or registration with, no waiting period imposed by and no authorization of, any Governmental Authority is required under any Applicable Law to permit Buyer Service Co to execute, deliver or perform the Ancillary Documents contemplated to be entered into by Buyer Service Co pursuant to this Agreement or to consummate the transactions contemplated thereby.

  • Except for the CFC Approval, the FTC Approval and the CNA Approval, no order, License, consent, permission, authorization, registration or declaration of, or filing with, any Governmental Authority or other Person or under Applicable Law is required on the part of any of the Desc Parties, in connection with its execution, delivery and performance of this Agreement or any other documents and agreements to be delivered under this Agreement or the performance by it of its obligations hereunder.

  • Except for (i) the CFC Approval, and (ii) matters set forth on Schedule 8.3, no filing or registration with, no waiting period imposed by and no authorization of, any Governmental Authority is required under any Applicable Law to permit Buyer to execute, deliver or perform this Agreement or to consummate the transactions contemplated hereby.

  • Seller and Buyer each agree to cooperate with each other to keep the CFC Approval valid and in effect up to and as of the Closing acting in accordance with the terms and conditions set forth in the CFC Filing Agreement dated February 6, 2003, a copy of which is attached hereto as Annex G (the “CFC Filing Agreement”).

  • The respective obligations of each party hereto to consummate the transactions contemplated hereby shall be subject to the CFC Approval being valid and in effect as of the Closing, which condition may be waived by the parties hereto, in whole or in part, to the extent permitted by Applicable Law.

  • Except for (i) the CFC Approval, and (ii) matters set forth on Schedule 5.4, no filing or registration with, no waiting period imposed by, and no authorization of, any Governmental Authority is required under any Applicable Law to permit Seller to execute, deliver or perform this Agreement or to consummate the transactions contemplated hereby.