Approved States

Example Definitions of "Approved States"
Approved States. Shall mean those jurisdictions where all consents, registrations, approvals, permits and authorizations listed on Item 8.1(d) of the Company Letter which are required to be obtained prior to the Effective Time by the Company or Corvis or any of their respective Subsidiaries from any Governmental Entity in connection with the execution and delivery of this Agreement and the consummation of the Merger and the other transactions contemplated hereby by the Company, have been made or obtained (as... the case may be). All jurisdictions are classified as either "Approved States" or "Pending States." A jurisdiction shall automatically be classified as an Approved State upon the satisfaction of the requirements in this definition. For example, when a State PUC grants its approval to the Merger the classification of the state will automatically switch from Pending to Approved as of the date of the effective date of the State PUC action. View More Arrow
All Definitions