Approved or Approval

Approved or Approval. Means that with respect to any item or matter for which approval by any Authorities is required, such item has been approved by action of the highest governing body of such Authorities, and all applicable appeal and referenda periods and statutes of limitation for challenging or appealing such approval have expired without the filing of an appeal or challenge, or if an appeal or challenge has been filed, that such appeal or challenge has been resolved on terms satisfactory to Buyer in its sole... and absolute discretion. View More