Non-Approval definition

Non-Approval has the meaning ascribed to it in Clause ‎10.9;
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Examples of Non-Approval in a sentence

  • The JDC will establish procedures for the expeditious review of clinical trial protocols for the Licensed Products submitted to the JDC by Regeneron pursuant to Section 2.6(b), including, without limitation, pre-approval authorizations for Non-Approval Trials.

  • Non-Approval may be determined only due to a failure to meet the deliverable specific approval criteria therefor, or, in the absence of such deliverable specific approval criteria, a material defect.

  • The Bank shall not be required to make a Non-Approval Loan under the Revolving Credit for the purpose of financing an Asset Purchase more than thirty (30) days after payment has been made by the Borrowers for such Asset Purchase.

  • The Borrowers shall not be permitted to request a Term Loan hereunder that would be a Non-Approval Loan more than thirty (30) days after payment has been made by the Borrowers for such Asset Purchase.

  • Geneva State Bank, or some other financial institution deemed acceptable to Gavilon (“Lender”), shall allow Gavilon to draw upon the ABE LOC in the full LOC Amount upon Gavilon’s written notice to Lender, with a copy to Producer, stating that there has been (i) an Event of Default by Producer under the terms of this Agreement; or (ii) a Non-Approval.

  • No Notice Given a The Purchaser has not given an Approval Notice to the Vendor or Vendor’s Agent; and b The Purchaser has not given a Non-Approval Notice to the Vendor or Vendor Agent; then this Contract will be in full force and effect unless and until either the Vendor gives written Notice of termination to the Purchaser or the Purchaser terminates this Contract by giving a Non-Approval Notice to the Vendor or Vendor’s Agent.

  • Seller shall have a continuing obligation to sell the remaining Properties (Approval Properties and Non-Approval Properties) to Buyer, and Buyer shall have a continuing obligation to purchase from Seller the remaining Properties, subject to the following and in accordance with the terms and conditions set forth in this Agreement: (i) Seller shall use its best efforts to receive the Approval to sell the Approval Properties on or before May 15, 2016 (the “Approval Deadline”).

  • The Notice of Non-Approval shall clearly identify the deficiencies in the report that caused NTI to deny its approval and shall specify the amount by which NTI proposes to reduce the Annual Exploration Work Value as a result.

  • The JDC will establish procedures for the expeditious review of clinical trial protocols for the Licensed Products submitted to the JDC by either Party pursuant to Section 2.6(b), including, without limitation, pre-approval authorizations for Non-Approval Trials meeting established criteria.

  • The SE Early Termination Date must be within one hundred eighty (180) days of the Non-Approval Date.