FATA Approval definition
Examples of FATA Approval in a sentence
At any time following the FATA Approval Date, if any, Nation may, if it elects to do so in the exercise of its sole discretion, apply to the relevant Minister pursuant to section 96(3) of the Petroleum Act (NT) for approval of this Option for the purposes of having an entry made in the register in accordance with section 96(7) of the Petroleum Act.
If, following the FATA Approval Date, if any, Nation chooses to exercise the Option pursuant to Section 5, the purchase price for all of the Assets to be paid at the Closing (the “Purchase Price”) shall be 300,000,000 shares of common stock of Nation (exclusive of GST (as defined below)), with such shares to be “restricted securities” pursuant to the rules and regulations of the United States Securities and Exchange Commission.
If, following the FATA Approval Date, if any, Nation chooses to exercise the Option pursuant to Section 5, the purchase price for all of the Assets (the “Purchase Price”) shall be AUD$10,000,000 (exclusive of GST (as defined below)).
On the FATA Approval Date (as defined in Paragraph 19 of this Agreement), ▇▇▇▇▇▇ will lend to Paltar Three Hundred Twenty-Five Thousand Dollars (AUD$325,000) (the “Officer Loan”), which Paltar shall contribute, in its entirety, to the capital of Officer.