FTC Approval definition

FTC Approval means the approval by the FTC under the Fair Trade Law of the business combination resulting from the Purchaser’s acquisition of the Shares under the terms of this Agreement, which approval shall not contain or be subject to a Regulatory Condition;
View Source
FTC Approval means the approval by the FTC pursuant to the Consent Decree of the offering contemplated by the Registration Statement, including the transactions contemplated or described therein.
View Source
FTC Approval has the meaning given in Section 4.6.
View Source

Examples of FTC Approval in a sentence

  • This Agreement shall have been approved by the shareholders of FTC by the Requisite FTC Approval.

  • The only vote of the holders of any class or series of FTC Capital Stock required by applicable law to adopt this Agreement and approve the transactions contemplated hereby, including the Share Exchange and the Corporate Merger, is the Requisite FTC Approval.

  • Subject to the remainder of this Section 6.3, FTC and its board of directors shall recommend that FTC’s shareholders approve this Agreement and the transactions contemplated hereby (and shall include such recommendations in the Proxy Statement), and FTC and its board of directors shall otherwise use its reasonable best efforts to obtain from the shareholders of FTC the Requisite FTC Approval.

  • In the event that FTC Approval is not obtained prior to May 31, 1999, or on such other date upon which Buyer and Seller shall mutually agree in writing (the "FTC Deadline"), then, except for Section 2.9, (a) this Agreement shall terminate and (b) none of the parties hereto shall have any further rights or obligations of any nature pursuant hereto.

  • Each of Seller and Buyer shall promptly after the execution hereof prepare and file such applications as are necessary to obtain notification from the U.S. Federal Trade Commission or the U.S. Department of Justice that all applicable waiting periods under the ▇▇▇▇-▇▇▇▇▇-▇▇▇▇▇▇ Antitrust Improvements Act of 1976, as amended, have expired or terminated with respect to the transactions contemplated by this Agreement and the License Agreement ("FTC Approval").

  • Each party hereto agrees that it shall use reasonable best efforts to keep the other parties reasonably informed with respect to discussions with the FTC regarding potential modifications, substitutions or changes required by the FTC and to use reasonable best efforts to provide the other a reasonable opportunity to discuss with the FTC or its staff proposed changes to this Agreement, if any, in connection with the process for seeking FTC Approval.

  • The first such report shall be submitted 60 days from the date the FTC approves this Agreement (the "FTC Approval Date") and every 90 days thereafter until all necessary FDA approvals are obtained by Licensee to manufacture Product for sale in the United States.

  • Except for the CFC Approval, the FTC Approval and the CNA Approval, no order, License, consent, permission, authorization, registration or declaration of, or filing with, any Governmental Authority or other Person or under Applicable Law is required on the part of any of the Desc Parties, in connection with its execution, delivery and performance of this Agreement or any other documents and agreements to be delivered under this Agreement or the performance by it of its obligations hereunder.

  • The purchase of the Existing Continuing Initials Inventory, the payment of the Purchase Price (as hereinafter defined), the lease by Buyer of certain floors at 11 West 42nd Street contemplated by Section 8.2, as well as the co▇▇▇▇▇▇▇▇▇▇ ▇▇ ▇▇▇ ▇ther transactions contemplated by this Agreement, except those transactions set forth in Article II and the provisions of Section 9.2 and Articles XI and XII, are expressly and absolutely subject to obtaining FTC Approval.

  • The purchase of the Assets, the payment of the Purchase Price (as hereinafter defined), the assumption of the obligations of Seller under the Trademark License Agreements, the Other Trademark Agreements and the Other Assumed Agreements (all as hereinafter defined) and the consummation of the other transactions contemplated hereby, except for the provisions of Section 11.06, are expressly and absolutely subject to obtaining FTC Approval.

Related to FTC Approval

  • CPUC Approval means a final and non-appealable order of the CPUC, without conditions or modifications unacceptable to the Parties, or either of them, which contains the following terms:

  • FCC Approval means the FCC’s grant of the FCC Applications, including any grants by operation of law; provided that the possibility that an appeal, request for stay, or petition for rehearing or review by a court or administrative agency may be filed with respect to such grant, or that the FCC may reconsider or review such grant on its own authority, shall not prevent such grant from constituting FCC Approval for purposes of the Plan.

  • HSR Approval means expiration of all applicable waiting periods under the HSR Act (including any voluntary agreed extensions) or earlier termination thereof.

  • MAA Approval means approval of an MAA by the applicable Regulatory Authority for marketing and sale of a Product in the Collaborator Territory, but excluding any Pricing and Reimbursement Approval.

  • CFIUS Approval means (i) the Company and the applicable Purchaser(s) shall have received written notice from CFIUS that review under Section 721 of the Defense Production Act of 1950 as amended by the Foreign Investment Risk Review Modernization Act of 2018, including implementing regulations thereof, 31 C.F.R. Parts 800 and 802 (the “DPA”), of the transactions contemplated hereby has been concluded, and CFIUS shall have determined that there are no unresolved national security concerns with respect to the transactions contemplated hereby, and advised that action under Section 721 of the DPA, and any investigation related thereto, has been concluded with respect to the transactions contemplated hereby; (ii) CFIUS shall have concluded that the transactions contemplated hereby are not covered transactions and are not subject to review under Section 721 of the DPA; or (iii) CFIUS shall have sent a report to the President of the United States (the “President”) requesting the President’s decision on the notice and either (1) the period under Section 721 of the DPA during which the President may announce his decision to take action to suspend or prohibit the transactions contemplated hereby shall have expired without any such action being announced or taken or (2) the President shall have announced a decision not to take any action to suspend or prohibit the transactions contemplated hereby.