Common use of Key Regulatory Approvals Clause in Contracts

Key Regulatory Approvals. Each of the Key Regulatory Approvals has been made, given or obtained on terms acceptable to the Company and the Parent and the Purchaser, each acting reasonably (and, in the case of the Parent and the Purchaser, subject to compliance with the standard for acceptable terms established under Section 4.4), and each such Key Regulatory Approval is in force and has not been modified.

Appears in 2 contracts

Sources: Arrangement Agreement (Cnooc LTD), Arrangement Agreement (Nexen Inc)