Government Authorization definition
Examples of Government Authorization in a sentence
The GOB shall ensure that the Bangladesh Bank gives any general or specific permission or Government Authorization required under the Foreign Exchange Regulations Act and Guidelines for Foreign Exchange Transactions (GFET), 2018 to authorize any of the accounts, transfers, conversions or transactions expressly provided in this Section 8.
The first section of each report shall also summarize any problems regarding any material Government Authorization or Government Authorization application that may affect the Company’s performance under this Agreement, the Power Purchase Agreement.
If the Company or any of the Contractors fails to abide by any terms or conditions of any Government Authorization, then the exercise by the GOB or any Relevant Authority of a power pursuant to the Laws of Bangladesh in respect of such failure shall not of itself constitute a breach of this Agreement by the GOB, a Force Majeure Event under Section 11 or Political Event under Section 11A.1.1 or Change in Law under Section 11A.1.2, or a GOB Event of Default under Section 13.2.
The GOB shall ensure that the Bangladesh Bank gives any general or specific permission or Government Authorization required under the Foreign Exchange Regulations Act and Guidelines for Foreign Exchange Transaction (GFET) to authorize any of the accounts, transfers, conversions or transactions expressly provided in this Section 8.
To the Knowledge of the Seller, no event has occurred that, with or without notice or lapse of time or both, would reasonably be expected to result in the revocation, suspension, lapse or limitation of any Government Authorization set forth in Part 2.8(b) of the Disclosure Letter.
No proceeding is pending or, to the Knowledge of the Seller or the Company, threatened seeking the revocation, suspension or limitation of any Government Authorization.
AND MERGER SUB 9 4.1. Organization, Standing and Corporate Power 9 4.2. Subsidiaries 9 4.3. Capital Structure of Parent 10 4.4. Corporate Authority; Noncontravention 10 4.5. Government Authorization 11 4.6. SEC Documents; Undisclosed Liabilities; Financial Statements 11 4.7. Absence of Certain Changes 11 4.8. Certain Fees 12 4.9. Litigation; Labor Matters; Compliance with Laws 12 4.10.
Government Authorization" shall mean any: (a) permit, license, certificate, franchise, permission, clearance, registration, qualification or authorization issued, granted, given or otherwise made available by or under the authority of any Governmental Body or pursuant to any Legal Requirement; or (b) right under any Contract with any Governmental Body.
Each Government Authorization listed or required to be listed on Schedule 3.9(a) of the Disclosure Schedule is valid and in full force and effect.
All material reports, applications, tariffs and other documents required to be filed by the Borrower or any of its Subsidiaries, as appropriate, with the governmental entity issuing a Government Authorization have in all material respects been timely filed, and all such reports, applications, tariffs and documents are true, correct and complete in all material respects.