CMA Approval definition
CMA Approval means either (i) the written approval of the CMA with respect to the Transactions or (ii) the notice of non-objection from the CMA with respect to the Transactions, in each case pursuant to the NSA.
CMA Approval means the CMA (a) following the submission of a CMA Briefing Paper, having provided written confirmation that it has no further questions in respect of the transactions contemplated by this Agreement, (b) indicating, following a Phase 1 Investigation, that it does not intend to make a Phase 2 Reference (whether as a result of undertakings in lieu or otherwise), (c) concluding in a report published in accordance with
CMA Approval means the CMA confirming, in terms reasonably satisfactory to Bidco, that it will not refer the Acquisition or part of the Acquisition or any matter arising from it to its chair pursuant to section 33 of the Enterprise Act for the constitution of a group under Schedule 4 to the Enterprise and Regulatory Reform ▇▇▇ ▇▇▇▇;
Examples of CMA Approval in a sentence
In the event where the Certificates are intended to be purchased onshore in Kuwait pursuant to a CMA Approval, the same may only be so purchased through a licensed person duly authorised to undertake such activity pursuant to the CML Rules.
Unless all necessary approvals from the CMA pursuant to Law No. 7 of 2010, and its executive bylaws (each as amended) (the CML Rules), together with the various resolutions, regulations, directives and instructions issued pursuant thereto, or in connection therewith (regardless of nomenclature) or any other applicable or regulation in Kuwait, have been giving in relation to the marketing of, and sale of, the Certificates (the CMA Approval), the Certificates may not be offered for sale, nor sold, in Kuwait.
More Definitions of CMA Approval
CMA Approval means the CMA (a) following the submission of a CMA Briefing Paper, having provided written confirmation that it has no further questions in respect of the transactions contemplated by this Agreement, (b) indicating, following a Phase 1 Investigation, that it does not intend to make a Phase 2 Reference (whether as a result of undertakings in lieu or otherwise), (c) concluding in a report published in accordance with Section 38 of the Enterprise Act that the transactions contemplated by this Agreement may not be expected to result in a substantial lessening of competition within any market or market in the United Kingdom for goods or services, or in the event of a conclusion from the CMA that an anticompetitive outcome has resulted or may be expected to result pursuant to section 36(1) of the Enterprise Act, a decision by the CMA pursuant to section 41(2) and section 82 of the Enterprise Act to accept such undertakings as proposed by the Parties to remedy, mitigate or prevent the anticompetitive outcome and determine the reference, or (d) where the Secretary of State has issued a public interest intervention notice, (s)he has subsequently issued a decision not to make a reference under section 45 of the Enterprise Act, or subsequently reaches a decision under Section 54(2) of the Enterprise Act (or otherwise) that the transactions contemplated by the Agreement may proceed (whether as a consequence of any undertakings accepted by the Secretary of State pursuant to Schedule 7 of the Enterprise Act or otherwise). The above is subject to the obligations set forth in Section 6.02.
CMA Approval means the CMA shall have confirmed that either (a) it will not make a reference under section 33 of the Enterprise Act 2002 in relation to the transactions contemplated by this Agreement (or any matter arising therefrom), (b) the CMA having finally accepted, under section 73(2) of the Enterprise Act 2002, undertakings to remedy, mitigate or prevent any substantial lessening of competition within a market or markets in the UK that may be expected to arise from the transactions contemplated by this Agreement (or any matter therefrom), offered by the Parties in lieu of a reference under section 33 of the Enterprise Act 2002, or
CMA Approval means the CMA shall have confirmed that either (a) it will not make a reference under section 33 of the Enterprise Act 2002 in relation to the transactions contemplated by this Agreement (or any matter arising therefrom), (b) the CMA having finally accepted, under section 73(2) of the Enterprise Act 2002, undertakings to remedy, mitigate or prevent any substantial lessening of competition within a market or markets in the UK that may be expected to arise from the transactions contemplated by this Agreement (or any matter therefrom), offered by the Parties in lieu of a reference under section 33 of the Enterprise Act 2002, or (c) should the CMA not accept the undertakings offered in lieu of a section 33 reference and instead make a reference under section 33 of the Enterprise Act 2002, the CMA having (i) issued a report concluding that the transactions contemplated by this Agreement (or any matter therefrom) may not be expected to result in a substantial lessening of competition within any market or markets in the UK or (ii) accepted final undertakings or issued a final order allowing the transactions contemplated in this Agreement to proceed.