MED Approval definition

MED Approval means any and all approvals from MED required under applicable Law for (a) the transfer by Seller to Buyer of any Regulatory License (including any such Regulatory License set forth on Schedule 12.11) or (b) the consummation of the transactions contemplated by this Agreement.

Examples of MED Approval in a sentence

  • Prior to Closing, each party hereto covenants that it will use reasonable efforts to take, or cause to be taken, all actions, and to do, or cause to be done, all things necessary, proper or advisable under applicable Laws to, consummate the transactions contemplated by this Agreement, including obtaining MED Approval and any Local Authority Approval.

  • Prior to Closing, each party hereto covenants that it will use reasonable efforts to take, or cause to be taken, all actions, and to do, or cause to be done, all things necessary, proper or advisable under applicable Laws to, consummate the transactions contemplated by this Agreement, including obtaining MED Approval and any Local Authority Approvals.

  • The Parties will have received the City of Glendale and MED Approval, which local authority approval and MED Approval is in effect as of the Closing.

  • Notwithstanding anything to the contrary contained in this Sublease, is no event shall the Rent Commencement Date occur before MED Approval.

  • If Subtenant does not receive MED Approval by March 15, 2022, then Subtenant shall notify Sublandlord in writing, and this Sublease shall terminate and be of no further force and effect and both Parties shall be relieved of liability hereunder, and the Deposit shall be returned in full to Subtenant.

  • The Closing will be the date the Parties agree to and submit on schedule A of the MED Approval Letter, provided that Closing must occur within five Business Days after the issuance of the MED Approval Letter and the approval of the Change of Ownership by Aspen and Glenwood Springs (the “Closing Date”).

  • Subtenant shall notify Sublandlord of its receipt of MED Approval within forty eight (48) hours of said receipt.

Related to MED Approval

  • Required Approval has the meaning specified in Section 2.2(b).

  • Approved/Approval means the approval in writing.

  • Required Approvals shall have the meaning ascribed to such term in Section 3.1(e).

  • 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:

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