CSSF Approval definition

CSSF Approval means each required approval or confirmation of non-objection from the CSSF, pursuant to Article 18 of the 1993 Law, of Parent and the Specified Additional Controller acquiring control of any CSSF authorized professional of the financial sector as a result of the Merger, to the extent required by applicable Law, with such approvals being correct and in full force and effect, or, in the absence of such approval or confirmation of non-objection from the CSSF, the CSSF being deemed as having approved Parent and the Specified Additional Controller to acquire such control.

Examples of CSSF Approval in a sentence

  • Each of the FCA Approval, the CBI Approval and the CSSF Approval shall have been obtained and be in full force and effect.