NSI Act definition

NSI Act means the National Security and Investment Act 2021.
NSI Act means the UK National Security and Investment Xxx 0000;
NSI Act means the National Security and Investment Xxx 0000, together with its secondary legislation and associated regulatory rules.

Examples of NSI Act in a sentence

  • The Conditions include the receipt of a regulatory approval from the Secretary of State pursuant to the NSI Act as further described in this Announcement.


More Definitions of NSI Act

NSI Act the National Security and Investment Act 2021;
NSI Act means the Act of Parliament resulting from the United Kingdom National Security and Investment Bill and any subordinate legislation made thereunder;
NSI Act means the National Security and Xxxxxxxxxx Xxx 0000 (Xxxxxx Xxxxxxx).
NSI Act means the National Security and Investment Act 2021, as may be amended from time to time.
NSI Act means the National Security and Investment Act 2021 (United Kingdom). “NYSE” means the New York Stock Exchange.
NSI Act is fully in force at the Effective Date, or (under applicable legislation or statutory instrument or order) is due to be brought fully into force on or prior to the date that is expected to be the Effective Date (as confirmed in an announcement by Ultra via a Regulatory Information Service which is made together with the announcement, or following confirmation, of the final date of the Court Sanction Hearing), and, pursuant to the NS&I Act, the Acquisition constitutes a notifiable acquisition in respect of which notice must be given to the UK Secretary of State for Business, Energy and Industrial Strategy (the “Secretary of State”) before such notifiable acquisition is completed (and the Secretary of State has not informed Cobham that the mandatory notification requirement has been waived or is otherwise not required, on a basis which provides reasonable legal certainty to Cobham that completing the Acquisition will not be unlawful or result in the Acquisition being rendered legally void or in the incurrence of criminal or civil penalties), the Acquisition is conditional upon a notification having been accepted and:
NSI Act is enacted and enters into force prior to the Effective Date (and the Department for Business, Energy & Industrial Strategy (“BEIS”) has not confirmed in writing (including by email) to any of the parties that the Acquisition is not in a mandatory sector) and pursuant to the NS&I Act (i) any of the parties is required to notify the Acquisition to BEIS prior to the Effective Date, or (ii) BEIS or any other UK regulatory or governmental body requests or requires that any of the parties notifies the Acquisition to BEIS prior to the Effective Date, or (iii) BEIS or any other UK regulatory or governmental body calls in the Acquisition for review prior to the Effective Date (in each case for so long as such actions as are contemplated in Conditions 2.10(i) to (iii) would prevent the Effective Date from occurring unless necessary approval has first been obtained), then all necessary approvals under the NS&I Act (as enacted) having been obtained either unconditionally or on conditions reasonably satisfactory to Bidco; United States of America