Common use of Certain Other Approvals Clause in Contracts

Certain Other Approvals. Each of the Designated Insurance Approvals and the Other State Insurance Approvals shall have been made or obtained, except, in the case of the Other State Insurance Approvals, those Other State Insurance Approvals the failure of which to obtain, individually or in the aggregate, are not reasonably likely to have a material adverse effect on the combined businesses of UNUM and Provident (and their subsidiaries), assuming for purposes of this Section 6.01(c) that the Merger is closed and consummated as contemplated by this Agreement, and each such State Insurance Approval shall have been obtained free of any conditions (other than those conditions that, individually or in the aggregate, are not reasonably likely to have a material adverse effect on such combined businesses).

Appears in 2 contracts

Sources: Merger Agreement (Unum Corp), Merger Agreement (Provident Companies Inc /De/)