JTC Approval definition

JTC Approval means the approval of JTC Corporation (“JTC”) to:
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JTC Approval means JTC’s approval to the sale of the IMFS Premises by IMFS to Micron Singapore and the assignment/transfer of the Building Agreement, the JTC Lease and all side-letters supplemental thereto by IMFS to Micron Singapore.
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JTC Approval means JTC’s in-principle approval to the sale and purchase of the Property by the Vendor to the Purchaser, subject to the Long Term Subleases.
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Examples of JTC Approval in a sentence

  • The JTC Approval and the Other Changi Approvals are collectively referred to as the “Changi Approvals”.

  • In this regard, both the Vendor and the Purchaser shall submit to JTC its respective acceptance of the terms of the JTC for granting the JTC Approval (in the formats as prescribed or provided in the JTC Consent Letter) within three (3) Business Days from the date of this Agreement.

  • The Purchaser shall bear all the legal, professional and other costs and expenses (including stamp duty, registration fees) incurred by the Vendor in connection with (i) the negotiation, preparation and execution of this Agreement (ii) the sale of the Property by the Vendor to the Purchaser and (iii) the compliance of such terms and conditions imposed by JTC in granting the JTC Approval.