Final Governmental Approval definition

Final Governmental Approval means the final decisions by the MED and the County in writing approving the Change of Ownership, and such approvals (a) do not include any responsibility of Buyer or Buyer’s owners for the actions of Seller or Seller’s owner with respect to an administrative investigation or administrative disciplinary action by the MED or the County; and (b) do not subject Buyer or Buyer’s owners to discipline by the MED or the County for the actions of Seller or Seller’s owner with respect to an administrative investigation or administrative disciplinary action by the MED or the County.

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Final Governmental Approval means the final decisions by the MED and/or the OLCC, as applicable, and the Applicable Local Licensing Authority in writing approving the Change of Ownership, and such approvals (a) do not include any responsibility of Acquirer, Parent or Parent’s owners for the actions of Acquired Corporation or Acquired Corporation’s owner with respect to an administrative investigation or administrative disciplinary action by the MED or the OLCC, as applicable, or the Applicable Local Licensing Authority; and (b) do not subject Acquirer, Parent or Parent’s owners to discipline by the MED or the OLCC, as applicable, or the Applicable Local Licensing Authority for the actions of Acquired Corporation or Acquired Corporation’s owner with respect to an administrative investigation or administrative disciplinary action by the MED or the OLCC, as applicable, or the Applicable Local Licensing Authority.

Final Governmental Approval means any approval required from the CCD for the consummation of the transactions set for in this Agreement.

Examples of Final Governmental Approval in a sentence

Final Governmental Approval shall have occurred regarding the Change of Ownership of the Assets proposed for Closing.
The closing for the purchase and sale of the Assets (the “Closing”) will be held within five Business Days of Final Governmental Approval (the “Closing Date”).
If the Closing does not occur by reason of Buyer’s default for any reason or if Buyer terminates this Agreement after Final Governmental Approval, Buyer shall cooperate with Seller in executing all documents reasonably necessary to void the Change of Ownership.
The closing for the purchase and sale of the License (the “Closing”) will be held within five (5) Business Days of Final Governmental Approval (the “Closing Date”).
The closing for the purchase and sale of the Assets (the “Closing”) will be held within five Business Days of Final Governmental Approval (the “Closing Date”), unless otherwise agreed by the Parties.
If the Closing does not occur by reason of Buyer’s default for any reason or if Buyer terminates this Agreement after Final Governmental Approval, Buyer shall cooperate with Sellers in executing all documents reasonably necessary to void the Change of Ownership.
Notwithstanding anything to the contrary set forth in Section 5.1(e), if Final Governmental Approval occurs, but the OLCC or the City does not promptly notify a Party of Final Governmental Approval, and such delay causes or might cause one or more of the Parties to violate the Marijuana Code, the Parties shall work in good faith to take all necessary action to ensure that the Parties minimize or eliminate any violations of the Marijuana Code and that the Business continue in the ordinary course.
Lessee shall promptly perform, or cause to be performed on its behalf, all Remedial Action required under the Plan or otherwise necessary under the terms of this Lease to obtain Final Governmental Approval (as hereinafter defined) and shall diligently pursue such Remedial Action to completion, in accordance with the requirements of any Environmental Law or applicable governmental agency.
If the Closing does not occur by reason of Buyer’s default for any reason or if Buyer terminates this Agreement after Final Governmental Approval, Buyer shall, in a timely manner, cooperate with Seller in executing all documents reasonably necessary to void the Change of Ownership.
The closing for the purchase and sale of the Interests (the “Closing”) will be held within fifteen calendar days of satisfaction of all closing conditions set forth herein including, without limitation, Final Governmental Approval (the “Closing Date”), unless otherwise agreed by the Parties.

More Definitions of Final Governmental Approval

Final Governmental Approval shall have the meaning specified in Section 8.05(c) of the lease.

Final Governmental Approval means the final decisions by the OLCC and the City in writing approving the Change of Ownership.

Final Governmental Approval means any approval required from the CCD for the consummation of the transactions set for in this Agreement. “Financial Statements” has the meaning set forth in Section 4.1(d)(i).

Final Governmental Approval means the final decisions by the MED, Aspen, and Glenwood Springs in writing approving the Change of Ownership, and such approvals (a) do not include any responsibility of Buyer or Buyer’s owners for the actions of Seller or Seller’s owners with respect to an administrative investigation or administrative disciplinary action by the MED, Aspen, or Glenwood Springs; and (b) do not subject Buyer or Buyer’s owner to discipline by the MED, Aspen, or Glenwood Springs for the actions of Seller or Seller’s owner with respect to such an investigation or disciplinary action.

Final Governmental Approval means the final decisions by the MED and the Applicable City in writing approving the Change of Ownership.