RCA Approval definition
Examples of RCA Approval in a sentence
Except for the RCA Approval and the other Governmental Authority approvals set forth in Section 4.03(a) of the Disclosure Schedules, no material consent, approval, Permit, Governmental Order, declaration or filing with, or notice to, any Governmental Authority is required by or with respect to Seller in connection with the execution and delivery of this Agreement or any of the Ancillary Documents and the consummation of the transactions contemplated hereby and thereby.
Following receipt of RCA Approval, the parties shall work together to coordinate and finalize integration planning so as to enable Buyer to operate the Purchased Assets on the Closing Date, including taking the actions set forth on Section 6.02(d)(ii) of the Disclosure Schedules.
Buyer will use commercially reasonable efforts to obtain RCA Approval of this Agreement.
Seller shall cooperate with and provide commercially reasonable assistance to Buyer in Buyer’s obtaining RCA Approval of this Agreement; provided, however, that Seller need do nothing which may allow the RCA or another party to an RCA proceeding to require Seller to become a party to such proceeding, nor need Seller do anything that will expose Seller’s employees or experts to being called as witnesses in an RCA proceeding.
Buyer and Seller shall jointly submit a petition for RCA Approval within seventy-five (75) days after the date hereof.
If RCA Approval has not been obtained by October 15, 2020, either Party may terminate this Agreement upon Formal Notice to the other Party, such termination to take effect on the date outlined in any such written notice of termination.
Buyer and Seller shall jointly submit a petition for RCA Approval within sixty (60) days after the date hereof.
Upon deposit by Forest with the Escrow Agent of an RCA Approval Notice, the Escrow Agent shall immediately cause to be disbursed (i) to the Company that number of CIPL Shares that are the subject of the RCA Approval Notice and any accrued dividends or distributions that pertain to those CIPL Shares, and (ii) to Forest that number of PERL Shares equal to 5,500,000 times X, where X is the ratio determined by dividing the number of CIPL Shares being disbursed divided by 20,000.
Except for the RCA Approval and the other Governmental Authority approvals set forth in Section 4.03(a)9 of the Disclosure Schedules, no material consent, approval, Permit, Governmental Order, declaration or filing with, or notice to, any Governmental Authority is required by or with respect to Seller in connection with the execution and delivery of this Agreement or any of the Ancillary Documents and the consummation of the transactions contemplated hereby and thereby.
If RCA Approval has not been obtained by October 31, 2016, either Party may terminate this Agreement upon notice to the other Party, such termination to take effect on the date outlined in any such written notice of termination.