Corporate Approvals definition

Corporate Approvals means the corporate or similar organizational approvals that will have to be obtained by Seller, Buyer and/or Buyer’s Parent Guarantor, as the case may be, prior to or on the Execution Date and Closing Date in order to consummate the transactions contemplated by this Agreement.

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Corporate Approvals means the internal corporate approval obtained by the Seller and the Buyer respectively for selling and buying respectively the Transaction Shares.

Corporate Approvals is defined in Section 6.1.1.

Examples of Corporate Approvals in a sentence

As of the Closing Date, STI shall have secured all of the Corporate Approvals.
Such maximum liability shall not apply to breaches of Sections 3.2(a), 3.2(b), 3.2(c), 3.2(d) and 3.2(e) (Organization, Authority Relative to this Agreement, Corporate Approvals, Approvals and Consents and Funding of the Purchase Price) and to the obligations in connection with: (i) the post-Closing adjustments set forth at Section 2.2(b); and (ii) the Purchaser’s covenants set forth in Article 5.
Additional or different Corporate Approvals may be required depending on the final structure of the Transaction and on the listing venue(s) chosen by the Parties.
Except for any required filing, permit, authorization, consent or approval set forth on Schedule 4.1(d) (Company Required Corporate Approvals), the Company has the requisite corporate power and authority to enter into this Agreement and carry out and cause SFSI and STSI (when formed) to carry out its obligations hereunder.
Such maximum liability shall not apply to breaches of Sections 3.1(a), 3.1(b), 3.1(c), 3.1(e), 3.1(i) and 3.1(j) (Organization, Authority Relative to this Agreement, Corporate Approvals, Ownership of Purchased Shares and Share Capital) and to the obligations in connection with: (i) the post-Closing adjustments set forth at Section 2.2(b); (ii) breaches of the Vendor’s Tax Guarantee pursuant to Section 3.1(dd) and the Tax indemnity in Article 8; and (iii) the Vendor’s covenants set forth in Article 5.

More Definitions of Corporate Approvals

Corporate Approvals means the internal corporate approval obtained by the Seller and the Purchaser respectively for selling and buying respectively the Sale Shares.

Corporate Approvals. The receipt of all required corporate approvals from the Vendors. In the event that any of the foregoing conditions are not performed or fulfilled at or before the Closing, the Vendors may, subject to section 10.12, terminate this Agreement, in which event, subject to section 10.12, the Vendors will be released from all obligations under this Agreement. The foregoing conditions are for the benefit of the Vendors only and accordingly the Vendors will be entitled to waive compliance with any such conditions if the Vendors see fit to do so, without prejudice to their rights and remedies under applicable Laws and also without prejudice to any of their rights of termination in the event of non-performance of any other conditions in whole or in part.

Corporate Approvals shall have the meaning set forth in Section 2.5.

Corporate Approvals. Has the meaning ascribed to it in Clause 5.1(d)

Corporate Approvals means any and all approvals by the Board of directors of the corporate entities that are Party to the present Agreement as may be required for the Transaction;

Corporate Approvals means the internal corporate approval obtained by the Seller for selling the Sale Shares. “Parties” shall mean the Seller and the Buyer collectively; and “the Party” shall mean individually any of the Parties.

Corporate Approvals means the corporate approvals required to be obtained by Seller or Buyer, as the case may be, prior to or on the Closing Date in order to consummate the transactions contemplated by this Agreement.