Corporate Approval definition

Corporate Approval shall have the meaning set forth ------------------ in Section 3.2.
Corporate Approval. This Agreement is conditional upon the approval of this transaction by President of Seller. The Seller shall have ten (10) days from the date of execution hereof to obtain said approval. In the event Seller does not terminate this Agreement pursuant to this Article on or before said date, Seller's right to do so hereunder shall be deemed waived. Purchaser shall have the right to rely on any communication executed by an officer of Seller in furtherance of this Article.

Examples of Corporate Approval in a sentence

  • Systems concerning the retention and management of information regarding the execution of duties by Directors Information regarding the execution of duties by Directors shall be appropriately kept and managed in accordance with internal regulations such as the Regulations of the Board of Directors and the Regulations on Corporate Approval.

  • The obligations of the Parties to perform this Agreement, other than the Parties’ obligations under Section 6.1, Section 6.2, Section 8.2, Section 8.3 and Section 12, are conditioned upon and shall not become effective or binding until the receipt of (i) the Regulatory Approval, and (ii) Buyer’s Corporate Approval.

  • Buyer shall notify Seller within five (5) Business Days after receipt of Buyer’s Corporate Approval.

  • This Agreement has been duly executed and delivered on behalf of Buyer and, assuming the due execution hereof and performance hereunder by Seller and receipt of the Regulatory Approval and Buyer’s Corporate Approval, constitutes a legal, valid and binding obligation of Buyer, enforceable against it in accordance with its terms, except as such enforceability may be limited by law or principles of equity.

  • Subject to the receipt of the Regulatory Approval and Buyer’s Corporate Approval, Buyer has all requisite power and authority to execute, deliver, and perform its obligations under this Agreement.

  • The Purchaser shall have forty five (45) days from the date The City receives Corporate Approval for the proposed sale of the Property to conduct its due diligence.

  • Please note that the Sales Terms and Conditions are subject to modification throughout The City’s Corporate Approval process.

  • If there are any violations of the Vendor Event Policies, such as exhibiting at an event without Corporate Approval, displaying multiple product lines in your booth, etc., you will be subject to disciplinary action.

  • MojiLife Corporate Office will rescind all Corporate Approval for events that fall within the timeframe, and those events will become available for other distributors to exhibit at.

  • Distributors must receive MojiLife Corporate Approval to apply for booth or event space at a vendor event, trade show, fair, etc.

More Definitions of Corporate Approval

Corporate Approval means that Seller shall have obtained approval of this Agreement by the management and/or Board of Directors of Xxxx Properties LLC and X.X. Xxxx Co., Inc., its parent companies, in their sole and absolute discretion as required by Seller’s corporate policies and procedures on or before the expiration of the Due Diligence Period. If Seller fails to provide Buyer with written notice that it has received Corporate Approval on or before 5:00 p.m. Pacific Time on the last day of the Due Diligence Period, then this Agreement shall automatically terminate, the Deposit, to the extent made, shall be returned to Buyer and neither party shall have any further obligation to the other hereunder.
Corporate Approval has the meaning set forth in Section 15.20.

Related to Corporate Approval

  • Requisite Approval means the affirmative vote of the holders of at least a majority of the shares of outstanding Company Common Stock and outstanding Company Preferred Stock voting as a single class.

  • Pre-approval means written notification via a pre-approval letter to Customer that Ameren Illinois has reviewed Customer's Application and determined that the project meets the program eligibility requirements for a maximum pre-approved incentive amount if the project is completed by the estimated completion date and all final application paperwork is submitted and approved.

  • Price Approval means, in any country where a Governmental Authority authorizes reimbursement for, or approves or determines pricing for, pharmaceutical products, receipt (or, if required to make such authorization, approval or determination effective, publication) of such reimbursement authorization or pricing approval or determination (as the case may be).

  • IRB approval means the determination of the IRB that the research has been reviewed and may be conducted at an institution within the constraints set forth by the IRB and by other institutional and federal requirements.

  • type-approval means the procedure whereby an approval authority certifies that a type of vehicle, system, component or separate technical unit satisfies the relevant administrative provisions and technical requirements;

  • CPUC Approval means a final and non-appealable order of the CPUC, without conditions or modifications unacceptable to the Parties, or either of them, which contains the following terms:

  • Board Approval has the meaning set out in Section 2.2(a)(ii);

  • Requisite Shareholder Approval shall have the meaning set forth in Section 4.3(a).

  • Shareholder Approval means such approval as may be required by the applicable rules and regulations of the Nasdaq Stock Market (or any successor entity) from the shareholders of the Company with respect to the transactions contemplated by the Transaction Documents, including the issuance of all of the Shares and Warrant Shares in excess of 19.99% of the issued and outstanding Common Stock on the Closing Date.

  • Company Shareholder Approval has the meaning set forth in Section 4.03(d).

  • CFIUS Approval means that any of the following shall have occurred: (a) the review period under the DPA commencing on the date that a CFIUS Notice is accepted by CFIUS shall have expired and Xxx, on the one hand, and Polaris, on the other hand, shall have received written notice from CFIUS to the effect that such review has been concluded and that either the Contemplated Transactions do not constitute a “covered transaction” under the DPA or there are no unresolved national security concerns, and all action under the DPA is concluded with respect to the Contemplated Transactions, (b) an investigation under the DPA shall have been commenced after such review period and CFIUS shall have determined to conclude all action under the DPA without sending a report to the President of the United States, and Xxx, on the one hand, and Polaris, on the other hand, shall have received written notice from CFIUS that either the Contemplated Transactions do not constitute a “covered transaction” under the DPA or there are no unresolved national security concerns, and all action under the DPA is concluded with respect to the Contemplated Transactions, or (c) CFIUS shall have sent a report to the President of the United States requesting the President’s decision and either (i) the President shall have announced a decision not to take any action to suspend or prohibit the Contemplated Transactions or, (ii) the period under the DPA during which the President may announce his decision to take action to suspend, prohibit or place any limitations on the Contemplated Transactions shall have expired without any such action being threatened, announced or taken.

  • Stockholder Approval has the meaning set forth in Section 4.5.

  • Shareholder Approval Date means the date on which this Plan is approved shareholders of the Company eligible to vote in the election of directors, by a vote sufficient to meet the requirements of Code Sections 162(m) (if applicable) and 422, Rule 16b-3 under the Exchange Act (if applicable), applicable requirements under the rules of any stock exchange or automated quotation system on which the Shares may be listed on quoted, and other laws, regulations and obligations of the Company applicable to the Plan.

  • HSR Approval means expiration of all applicable waiting periods under the HSR Act (including any voluntary agreed extensions) or earlier termination thereof.

  • Requisite Stockholder Approval means the affirmative vote of the holders of a majority of that company’s issued and outstanding shares entitled to vote on the Merger actually voting in favor of this Agreement and the Merger.

  • Required Shareholder Approval has the meaning in Section 2.20.

  • FCC Approval means the FCC’s grant of the FCC Applications; provided that the possibility that an appeal, request for stay, or petition for rehearing or review by a court or administrative agency may be filed with respect to such grant, or that the FCC may reconsider or review such grant on its own authority, shall not prevent such grant from constituting FCC Approval for purposes of the Plan.

  • Parent Shareholder Approval means the approval of the Parent Share Issuance by the affirmative vote of a majority of the Parent Common Shares entitled to vote thereon and present in person or represented by proxy at the Parent Shareholder Meeting in accordance with applicable securities Laws, the rules and regulations of the NYSE and the TSX, as applicable, the ABCA and the Organizational Documents of Parent.

  • Works Approval means this Works Approval numbered W5894/2015/1 and issued under the Act; and

  • MAA Approval means approval by the EMEA of a marketing authorization application (“MAA”) filed with the EMEA for the applicable Licensed Product under the centralized European procedure. If the centralized EMEA filing procedure is not used, MAA Approval shall be achieved upon the first Approval for the applicable Licensed Product in any two of the following countries: France, Germany, Italy, Spain or the United Kingdom.

  • Disinterested Shareholder Approval means approval by a majority of the votes cast by all the Company’s shareholders at a duly constituted shareholders’ meeting, excluding votes attached to Common Shares beneficially owned by Insiders who are Service Providers or their Associates;

  • Approval means the prior written consent of the Authority and "Approve" and "Approved" shall be construed accordingly;

  • Prior Approval means written ap- proval by an authorized official evi- dencing prior consent.

  • Company Stockholder Approval has the meaning set forth in Section 4.2(b).

  • Corporate Actions means warrant and option exercises, conversions, exchanges and other capital reorganizations, calls, odd lot tenders/credits, bonus rights, subscription offers/rights, puts, maturities of securities, redemptions, mergers, tender or exchange offers, and rights exercises and expirations. Corporate Actions do not include class actions.

  • Necessary Authorizations means all approvals and licenses from, and all filings and registrations with, any governmental or other regulatory authority, including, without limiting the foregoing, the Licenses and all approvals, licenses, filings and registrations under the Communications Act, necessary in order to enable the Borrower and its Subsidiaries to own, construct, maintain, and operate communications tower facilities and to invest in other Persons who own, construct, maintain, manage and operate communications tower facilities.