CON Approval definition
Examples of CON Approval in a sentence
The execution, delivery and performance of this Agreement and such Ancillary Documents by Seller have been duly authorized and approved by Seller’s board of directors (or similar governing body), is in accordance with the Bankruptcy Code and, subject to the entry of the Sale Order, the Approving Order and the CON Approval, does not require any authorization or consent of Seller’s shareholders or members that has not been obtained.
The obligations of the parties to this agreement are subject to the receipt by Purchaser of a certificate of need decision from the West Virginia Health Care Authority ("WVHCA") which approves the transaction described in this Agreement ("CON Approval") and is final.
Except for the expiration or termination of any applicable waiting period under the HSR Act, the receipt of CON Approval and the Consents described in SCHEDULE 4.4, no consent, approval or authorization of, or declaration to or filing with any governmental or regulatory authority or any other third party is required to permit the Purchaser or FMC to consummate the transactions contemplated by this Agreement.
Seller has the full right and authority to consummate the transactions contemplated by this Agreement, including, without limitation, assigning to Buyer the Warranties, Owner Licenses, Plans and Reports, Claims and applicable deposits and bonds, pursuant to the terms and conditions contained herein and, except for the CON Approval, no consents from third parties are required in connection therewith, except those which have been obtained.
In the event that Tenant has diligently pursued the CON Approval, but has not received the CON Approval by the date which is three (3) days prior to the CON Contingency Date, then Tenant shan have the right to nullify Par-agraphs 1-7 of the Amendment by giving written notice thereof to Landlord prior to the CON Contingenc;:..
The A WS Relocation is subject to the satisfaction or waiver of the CON Approval contingency described in Paragraph 10 below.
Seller has the full right and authority to consummate the transactions contemplated by this Agreement, including, without limitation, assigning to Buyer the Warranties, Owner Licenses, Plans and Reports, Claims and applicable deposits and bonds, pursuant to the terms and conditions contained herein and, except for the CON Approval and the TPA Approval, no consents from third parties are required in connection therewith, except those which have been obtained.
In the event that Tenant has not received the CON Approval and so notified Landlord by November 30, 2010 as the same may be extended pursuant to this Paragraph 10, (the "CON Contingency Date"), then Landlord shall have the right to nuJJify Paragraphs 1-7 of this .A.mendment, by giving written notice thereofto Tenant at any time after the CON Contingency Date but prior to receiving written confrrrnation ofthe CON Approval.
Except for the expiration or termination of any applicable waiting period under the HSR Act, receipt of CON Approval and the Consents described in SCHEDULE 3.7, no consent, approval or authorization of, or declaration to or filing with any governmental or regulatory authority or any other third party is required by Seller to permit the Seller to assign or transfer the Assets (including without limitation, the Assumed Contracts and the Licenses, to the extent the Licenses are transferable) to the Purchaser.
At the request ofTcl1ant so as to provide for an expedited implementation ofthe AWS Relocation at suehtitne that the CON Approval contingency is satisfied or waived, tandlord has agreed to cause the preparation of defiign documents and construction documents relating to the A WS Relocation prior to the satisfaction or waiver of the CON Approval contingency.