CMVM Approval definition
CMVM Approval means tacit approval or notice of approval in writing given by the CMVM for the acquisition of control of the Portuguese Entity contemplated by this Agreement, including any conditional approval imposing recommendations, and, to the extent not material to the Company Entities (taken as a whole), conditions or requirements to be met prior to or after the effective approval is given, pursuant to the Regime das Empresas de Investimento (approved by Decree-Law no. 109-H/2021, of December 10th).