ICA Clearance definition

ICA Clearance means: either: (a) no notice has been given under subsection 25.2(1) or subsection 25.3(2) of the ICA within the prescribed period or, (b) if notice has been given under subsection 25.2(1) or subsection 25.3(2) of the ICA, then either the Minister under the ICA shall have sent to Viston a notice under paragraph 25.2(4)(a) or paragraph 25.3(6)(b) of the ICA, or the Governor in Council shall have issued an order under paragraph 25.4(1)(b) of the ICA authorizing the transactions contemplated by the Viston Offer;
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ICA Clearance means either (i) 45 days shall have elapsed from the date of certification of completeness of a notification under Part III of the ICA filed by Parent and the Minister of Innovation, Science and Economic Development has not sent to Parent a notice under subsection 25.2(1) of the ICA and the Governor in Council has not made an order under subsection 25.3(1) of the ICA in relation to the transactions contemplated in this Agreement; or (ii) if such a notice has been sent or such an order has been made, Parent has subsequently received (A) a notice under paragraph 25.2(4)(a) of the ICA indicating that a review of the transactions contemplated herein on grounds of national security will not be made, (B) a notice under paragraph 25.3(6)(b) of the ICA indicating that no further action will be taken in respect of the transactions or (C) a copy of an order under paragraph 25.4(1)(b) of the ICA authorizing the transactions contemplated in this Agreement.
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ICA Clearance means: either: (a) no notice has been given under subsection 25.2(1) or subsection 25.3(2) of the Investment Canada Act within the prescribed period or, (b) if notice has been given under subsection 25.2(1) or subsection 25.3(2) of the Investment Canada Act, then either the Minister under the Investment Canada Act shall have sent to the Purchaser a notice under paragraph 25.2(4)(a) or paragraph 25.3(6)(b) of the Investment Canada Act, or the Governor in Council shall have issued an order under paragraph 25.4(1)(b) of the Investment Canada Act authorizing the transactions contemplated by this Agreement;
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Examples of ICA Clearance in a sentence

  • A total of 35 children were relocated from Leyte of which 16 were cleared for ICA, 11 children are awaiting for their ICA Clearance and 8 children were referral from the City Social Welfare Office of Tacloban.

  • The DSWD FO social worker prepares the Child Study Report with supporting documents and shall officially endorse to the DSWD Central Office-Protective Services Bureau (DSWD CO-PSB) for review and issuance of the ICA Clearance.

  • The lapse of the initial review period under the Investment Canada Act (the “ICA”) without any national security related notice being issued, constituting the ICA Clearance (as defined in the Offer to Purchase and Circular).

  • Any delay in obtaining an ICA Clearance could delay the closing of the Viston Offer or cause one of the conditions to the closing to remain unsatisfied as of the Expiry Time, an event that could cause Viston to withdraw the Viston Offer unless the Expiry Time is extended by Viston; 2.


More Definitions of ICA Clearance

ICA Clearance means that: (i) 45 days shall have elapsed from the effective date of the certification of the Purchaser's notification under the Investment Canada Act and the Purchaser shall not have received a notice or order from a Governmental Entity under either section 25.2(1) or section 25.3(2) of the Investment Canada Act; or (ii) if the Purchaser has received such a notice or order, the Purchaser shall have subsequently received one of the following notices, as applicable: (a) under section 25.2(4)(a) of the Investment Canada Act indicating that no order for the review of the transactions contemplated by this Agreement will be made under section 25.3(1) of the Investment Canada Act; (b) under section 25.3(6)(b) of the Investment Canada Act indicating that no further action will be taken in respect of the transactions contemplated by this Agreement; or (c) under section 25.4(1) of the Investment Canada Act indicating that the Governor in Council authorizes the completion of the transactions contemplated by this Agreement, in each case on terms and conditions satisfactory to the Purchaser.
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ICA Clearance means satisfaction of any of the following:
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ICA Clearance means the satisfaction of any one of the following: (i) the time during which the responsible Minister could have provided notice to the Purchaser under either subsection 25.2(1) or subsection 25.3(2) of the Investment Canada Act shall have passed without the Purchaser having received such notice; (ii) the responsible Minister shall have provided the Purchaser with notice under paragraph 25.2(4)(a) of the Investment Canada Act indicating that no order for review will be made in respect of the transactions contemplated by this Agreement; (iii) the responsible Minister shall have provided the Purchaser with notice under paragraph 25.3(6)(b) of the Investment Canada Act indicating that no further action will be taken in respect of the transactions contemplated by this Agreement; or (iv) where an Investment Canada Act Review has been ordered by the Governor in Council, the Governor in Council shall have issued an order under paragraph 25.4(1)(b) of the Investment Canada Act authorizing the transactions contemplated by this Agreement on conditions acceptable to the Purchaser in its sole discretion;
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ICA Clearance means the satisfaction of any one of the following: (i) the time during which the responsible Minister could have provided notice to the Buyer under either subsection 25.2(1) or subsection 25.3(2) of the Investment Canada Act shall have passed without the Buyer having received such notice; (ii) the responsible Minister shall have provided the Buyer with notice under paragraph 25.2(4)(a) of the Investment Canada Act indicating that no order for review will be made in respect of the transactions contemplated by the Arrangement Agreement; (iii) the responsible Minister shall have provided the Buyer with notice under paragraph 25.3(6)(b) of the Investment Canada Act indicating that no further action will be taken in respect of the transactions contemplated by the Arrangement Agreement; or (iv) where an Investment Canada Act Review has been ordered by the Governor in Council, the Governor in Council shall have issued an Order under paragraph 25.4(1)(b) of the Investment Canada Act authorizingthe transactions contemplated by the Arrangement Agreement on conditions acceptable to the Buyer in its sole discretion, acting reasonably.
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Related to ICA Clearance

  • CFIUS Clearance means that any of the following shall have occurred: (i) the 45 day review period under the DPA commencing on the date that the CFIUS Notice is accepted by CFIUS shall have expired and the parties shall have received written notice from CFIUS that such review has been concluded and that either the Transaction does not constitute a “covered transaction” under the DPA or there are no unresolved national security concerns; (ii) an investigation shall have been commenced after such 45 day review period and CFIUS shall have determined to conclude all deliberative action under the DPA without sending a report to the President of the United States, and the parties shall have received written notice from CFIUS that either the Transaction does not constitute a “covered transaction” under the DPA or there are no unresolved national security concerns, and all action under the DPA is concluded with respect to the Transaction; or (iii) CFIUS shall have sent a report to the President of the United States requesting the President’s decision and either (A) the period under the DPA during which the President may announce his decision to take action to suspend, prohibit or place any limitations on the Transaction shall have expired without any such action being threatened, announced or taken or (B) the President shall have announced a decision not to take any action to suspend, prohibit or place any limitations on the Transaction.

  • HSR Clearance means, as pertaining to this Agreement, the expiration or termination of all applicable waiting periods and requests for information (and any extensions thereof) under the HSR Act.

  • Medical clearance means a physician or other health care

  • Security Clearance means that level of security clearance required by the City or its police department for Contractor personnel accessing the information or premises required to be accessed in order to perform the Work under this Contract;

  • Clearance means national security clearance and employment checks undertaken by and/or obtained from the Defence Vetting Agency;

  • HSR Clearance Date means the expiration or termination of all applicable waiting periods and requests for information (and any extensions thereof) under the HSR Act.

  • Clearance System means the principal domestic clearance system customarily used for settling trades with respect to the Underlying as determined by the Calculation Agent acting in accordance with relevant market practice and in good faith.

  • Clearances means all consents, clearances, permissions and waivers that need to be obtained, all applications and filings that need to be made and all waiting periods that may need to have expired, from or under the Laws or practices applied by any Governmental Body in connection with the implementation of the Scheme and/or the Acquisition and, in each case, that constitute a Condition; and any reference to Conditions having been “satisfied” shall be construed as meaning that the foregoing have been obtained, or where appropriate, made or expired in accordance with the relevant Condition;

  • Marketing Authorization Application or “MAA” means an application to the appropriate Regulatory Authority for approval to sell the Product (but excluding Pricing Approval) in any particular country or regulatory jurisdiction.

  • Marketing Authorization means all approvals from the relevant Regulatory Authority necessary to market and sell a Product in any country (including without limitation all applicable pricing and governmental reimbursement approvals even if not legally required to sell Product in a country).

  • Applicable Insurance Regulatory Authority means the insurance department or similar insurance regulatory or administrative authority or agency of the jurisdiction in which the Company is domiciled.

  • Requisite Regulatory Approvals has the meaning set forth in Section 7.01(b).

  • FCC Approval means the FCC’s grant of the FCC Applications; 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.

  • Required Regulatory Approvals means the Seller Required Regulatory Approvals and the Buyer Required Regulatory Approvals.

  • Nuclear Regulatory Commission (NRC) means the U.S. Nuclear Regulatory Commission or its duly authorized representatives.

  • Insurance Regulatory Authority means, with respect to any Insurance Subsidiary, the insurance department or similar Governmental Authority charged with regulating insurance companies or insurance holding companies, in its jurisdiction of domicile and, to the extent that it has regulatory authority over such Insurance Subsidiary, in each other jurisdiction in which such Insurance Subsidiary conducts business or is licensed to conduct business.

  • Key Regulatory Approvals means those sanctions, rulings, consents, orders, exemptions, permits and other approvals (including the lapse, without objection, of a prescribed time under a statute or regulation that states that a transaction may be implemented if a prescribed time lapses following the giving of notice without an objection being made) of Governmental Entities set out in Schedule C hereto;

  • ACH Authorization means the ACH Debit Authorization Agreement in substantially the form of Exhibit H.

  • Regulatory Approval Application means an application to seek regular or expedited Regulatory Approval of the Licensed Product for sale or marketing in any country(ies) or Region(s) in the Territory, as defined in the applicable Laws and filed with the Regulatory Authority of such country(ies) or Region(s).

  • MAA Approval means approval by the EMEA of a marketing authorization application (“MAA”) filed with the EMEA for the applicable Licensed Product under the centralized European procedure. If the centralized EMEA filing procedure is not used, MAA Approval shall be achieved upon the first Approval for the applicable Licensed Product in any two of the following countries: France, Germany, Italy, Spain or the United Kingdom.

  • Regulatory Approvals with respect to the Warrantholder, means, to the extent applicable and required to permit the Warrantholder to exercise this Warrant for shares of Common Stock and to own such Common Stock without the Warrantholder being in violation of applicable law, rule or regulation, the receipt of any necessary approvals and authorizations of, filings and registrations with, notifications to, or expiration or termination of any applicable waiting period under, the Xxxx-Xxxxx-Xxxxxx Antitrust Improvements Act of 1976, as amended, and the rules and regulations thereunder.

  • FCC means the Federal Communications Commission.

  • FERC means the Federal Energy Regulatory Commission.

  • Regulatory Approval means, with respect to a Product in any country or jurisdiction, any approval (including where required, pricing and reimbursement approvals), registration, license or authorization from a Regulatory Authority in a country or other jurisdiction that is necessary to market and sell such Product in such country or jurisdiction.

  • CRTC means the Canadian Radio-television and Telecommunications Commission or its successor.

  • Regulatory Authorities means the Commissions and the Exchange;