Permitted Regulatory Condition definition

Permitted Regulatory Condition means a bona fide consent, approval or permission necessary to enable a Shareholder to be able to complete a transfer or subscription of Equity Securities under the rules or regulations of any Governmental Authority or terms and conditions of any Governmental Authorisation.
Permitted Regulatory Condition means a bona fide consent, clearance, approval or permission necessary to enable a transferor of the Shares and/or the transferee of the Shares to be able to complete a transfer of Shares under (i) the rules or regulations of any stock exchange on which it or any of its Associated Companies is quoted; or (ii) the rules or regulations of any governmental, statutory or regulatory body in those jurisdictions where the transferor of the Shares, the transferee of the Shares, the Company or any of their Associated Companies carries on business;
Permitted Regulatory Condition means a bona fide consent, clearance, approval or permission necessary to enable any relevant person (subject to the terms and conditions of this Deed) to be able to complete a Transfer of Ordinary Shares under (a) its constitutional documents; (b) the rules or regulations of any stock exchange on which such persons or any of their Associated Companies is quoted; or (c) the rules or regulations of any governmental, statutory or regulatory body in those jurisdictions where such persons or any of their Associated Companies, or any Group Company carries on business, and, for the purposes of this definition, any consent, clearance, approval or permission shall be considered necessary if the consequences of not gaining it before completing the Transfer would be contrary to prevailing market practice or reasonably likely to give rise to material liability or censure;

Examples of Permitted Regulatory Condition in a sentence

  • Each of the Transferring Investor and the Buyer shall use reasonable endeavours to ensure the satisfaction of any Permitted Regulatory Condition applying to it as soon as possible.


More Definitions of Permitted Regulatory Condition

Permitted Regulatory Condition means a bona fide material consent, clearance, approval or permission necessary to enable a Transferring Shareholder and/or Buyer to be able to complete a transfer of Shares under (a) the rules or regulations of any stock exchange on which it or its holding company is quoted; and/or (b) any governmental, statutory or regulatory body in those jurisdictions where the Transferring Shareholder, Buyer or the Company carries on business;
Permitted Regulatory Condition means a consent, clearance, approval or permission necessary to enable a Shareholder or its Affiliate(s) and/or purchaser and/or seller (including its ultimate holding companies) of Securities of any Project Company or any Group Company, a Potential Project or an Approved Project to be able to complete a Transfer of such Securities or such project under (a) the rules or regulations of any stock exchange on which it or any of its Affiliates is quoted (including the Listing Rules); or (b) the rules or regulations of any Governmental Agency in those jurisdictions where the Shareholder, the purchaser, or the seller (or its ultimate holding companies) of Securities or project, the Company or any of their respective Affiliates carries on business;
Permitted Regulatory Condition means a bona fide material consent, clearance, approval or permission necessary to enable a Transferring Shareholder and/or Buyer to be able to complete a Transfer of Shares under: (1) the ICR Licence or Cyprus Law; (2) the rules or regulations of any stock exchange on which it or any of its Associated Companies is quoted; or (3) the rules or regulations of any governmental, statutory or regulatory body in those jurisdictions where the Transferring Shareholder, Buyer, the Company or any of their Associated Companies carries on business (including any required reviews on whether any person or entity is an Unsuitable Person or Unsuitable Director);
Permitted Regulatory Condition means a bona fide material consent, clearance, approval or permission necessary to enable the relevant person to be able to complete a Direct Transfer or Indirect Transfer of Securities or Investorco Securities under: (i) its constitutional documents; (ii) the rules or regulations of any stock exchange on which such persons or any of their Associated Companies is quoted; or (iii) the rules or regulations of any governmental, statutory or regulatory body in those jurisdictions where such persons or any of their Associated Companies, or Stubco or any Group Company carries on business, and for the purposes of this definition any consent, clearance, approval or permission will be considered necessary if the consequences of not gaining it prior to completing the Transfer would be contrary to prevailing market practice or reasonably likely to give rise to material liability or censure;

Related to Permitted Regulatory Condition

  • Regulatory Conditions means the conditions set out in paragraphs 3.3 to 3.5 (inclusive) of Part A of Appendix I to the Announcement;

  • Regulatory Event means, following the occurrence of a Change in Law (as defined below) with respect to the Issuer and/or Société Générale as Guarantor or in any other capacity (including without limitation as hedging counterparty of the Issuer, market maker of the Certificates or direct or indirect shareholder or sponsor of the Issuer) or any of its affiliates involved in the issuer of the Certificates (hereafter the “Relevant Affiliates” and each of the Issuer, Société Générale and the Relevant Affiliates, a “Relevant Entity”) that, after the Certificates have been issued, (i) any Relevant Entity would incur a materially increased (as compared with circumstances existing prior to such event) amount of tax, duty, liability, penalty, expense, fee, cost or regulatory capital charge however defined or collateral requirements for performing its obligations under the Certificates or hedging the Issuer’s obligations under the Certificates, including, without limitation, due to clearing requirements of, or the absence of, clearing of the transactions entered into in connection with the issue of, or hedging the Issuer’s obligation under, the Certificates, (ii) it is or will become for any Relevant Entity impracticable, impossible (in each case, after using commercially reasonable efforts), unlawful, illegal or otherwise prohibited or contrary, in whole or in part, under any law, regulation, rule, judgement, order or directive of any governmental, administrative or judicial authority, or power, applicable to such Relevant Entity (a) to hold, acquire, issue, reissue, substitute, maintain, settle, or as the case may be, guarantee, the Certificates, (b) to acquire, hold, sponsor or dispose of any asset(s) (or any interest thereof) of any other transaction(s) such Relevant Entity may use in connection with the issue of the Certificates or to hedge the Issuer’s obligations under the Certificates,(c) to perform obligations in connection with, the Certificates or any contractual arrangement entered into between the Issuer and Société Générale or any Relevant Affiliate (including without limitation to hedge the Issuer’s obligations under the Certificates) or (d) to hold, acquire, maintain, increase, substitute or redeem all or a substantial part of its direct or indirect shareholding in the Issuer’s capital or the capital of any Relevant Affiliate or to directly or indirectly sponsor the Issuer or any Relevant Affiliate, or (iii) there is or may be a material adverse effect on a Relevant Entity in connection with the issue of the Certificates.

  • Serious health condition means an illness, injury, impairment, or physical or mental condition that involves:

  • RDDS test Means one query sent to a particular “IP address” of one of the servers of one of the RDDS services. Queries shall be about existing objects in the Registry System and the responses must contain the corresponding information otherwise the query will be considered unanswered. Queries with an RTT 5 times higher than the corresponding SLR will be considered as unanswered. The possible results to an RDDS test are: a number in milliseconds corresponding to the RTT or undefined/unanswered.

  • Abnormal Market Conditions means conditions contrary to Normal Markets Conditions e.g. when there is low liquidity in the market or rapid price movements in the market or Price Gaps.

  • Emergency Condition means a condition or situation: (1) that in the judgment of the Party making the claim is imminently likely to endanger life or property; or (2) that, in the case of the NYISO or Connecting Transmission Owner, is imminently likely (as determined in a non-discriminatory manner) to cause a material adverse effect on the security of, or damage to the New York State Transmission System or Distribution System, the Connecting Transmission Owner’s Interconnection Facilities or the electric systems of others to which the New York State Transmission System or Distribution System is directly connected; or (3) that, in the case of the Interconnection Customer, is imminently likely (as determined in a non-discriminatory manner) to cause a material adverse effect on the security of, or damage to, the Small Generating Facility or the Interconnection Customer’s Interconnection Facilities. Under Emergency Conditions, the NYISO or Connecting Transmission Owner may immediately suspend interconnection service and temporarily disconnect the Small Generating Facility. The NYISO or Connecting Transmission Owner shall notify the Interconnection Customer promptly when it becomes aware of an Emergency Condition that may reasonably be expected to affect the Interconnection Customer’s operation of the Small Generating Facility. The Interconnection Customer shall notify the NYISO and Connecting Transmission Owner promptly when it becomes aware of an Emergency Condition that may reasonably be expected to affect the New York State Transmission System or Distribution System or any Affected Systems. To the extent information is known, the notification shall describe the Emergency Condition, the extent of the damage or deficiency, the expected effect on the operation of each Party’s facilities and operations, its anticipated duration, and the necessary corrective action.

  • Life-threatening condition means any disease or condition from which the likelihood of death is probable unless the course of the disease or condition is interrupted.