FIC Approval definition

FIC Approval means (i) the receipt of approval from the FIC or (ii) the waiting period under the Mexican Foreign Investment Law shall have expired or been terminated and no action, suit, investigation or proceeding by any Governmental Authority shall have been instituted to restrain, prohibit or otherwise challenge the legality or validity of the transactions contemplated hereby.
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Examples of FIC Approval in a sentence

  • TMM shall assure that if the FIC communicates with any of the TMM Parties, that party shall promptly notify J▇▇▇ ▇▇▇▇▇▇▇ Corta F▇▇▇▇▇▇▇▇ of the communication and shall direct the FIC to communicate with C▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇ or EMVA for a response, and that C▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇ or EMVA shall consult with KCS before responding to the FIC or providing any documents or other information to the FIC concerning this Agreement or the FIC Approval.

  • TMM shall assure that if the F▇▇ ▇▇▇▇▇▇▇▇▇▇es with ▇▇▇ of the TMM Parties, that party shall promptly notify Jose Vicente Corta Fernandez of the communication and shall d▇▇▇▇▇ ▇▇▇ ▇▇▇ to communica▇▇ ▇▇▇▇ Carlos Galvan Duque or EMVA for a response, and that Carlos Galvan D▇▇▇▇ ▇▇ ▇▇▇▇ ▇hall consult with KCS before res▇▇▇▇▇▇▇ ▇▇ ▇▇▇ ▇▇▇ or providing any documents or other information to the FIC concerning this Agreement or the FIC Approval.