Common use of Competitive process Clause in Contracts

Competitive process. The legal time limit for filing any appeal shall have elapsed or, if an appeal has been filed, no judicial decision shall be in force receiving as supersedeas such appeals filed against (a) the decision providing judicial approval of the Amendment of the Judicial Reorganization Plan; and/or (b) the court decision ratifying the winning bid of the Competitive Process, pursuant to the Amendment to the Judicial Reorganization Plan and Law No. 11,101/05;

Appears in 2 contracts

Sources: Share Purchase Agreement (Tim S.A.), Share Purchase Agreement (Telefonica Brasil S.A.)