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This document seeks the consent of the U.S. Nuclear Regulatory Commission for an indirect change of control of Westinghouse Electric Company LLC from British Nuclear Fuels plc to Toshiba Corporation.
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How to fill out Application for Consent to Indirect Change of Control

01
Begin by downloading the Application for Consent to Indirect Change of Control form from the appropriate regulatory authority's website.
02
Read the instructions carefully to understand the requirements and necessary information needed to complete the form.
03
Fill in the applicant's details, including the name, address, and other identification information.
04
Specify the type of indirect change of control being requested, providing any relevant background information.
05
List all parties involved in the change of control, including their roles and obligations.
06
Include any supporting documents required as specified in the instructions, such as financial statements or organizational charts.
07
Review the form thoroughly to ensure all information is accurate and complete.
08
Sign and date the application, and include any required fees for processing.
09
Submit the completed application to the designated regulatory office, either electronically or by mail, as instructed.

Who needs Application for Consent to Indirect Change of Control?

01
Entities that are undergoing a change of control that may indirectly affect their regulatory obligations.
02
Companies in telecommunications or broadcast industries seeking to maintain compliance with governmental regulations regarding control changes.
03
Businesses requiring official approval to proceed with restructuring or mergers that involve changes in control.
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People Also Ask about

Change of Control Clause: Example The Customer shall have the right, without prejudice to its other rights or remedies, to terminate this Agreement by 3 months' written notice to the Supplier, if there is a Change of Control of the Supplier.
A change of control clause aims to protect the interests of parties involved in the agreement by specifying the events or triggers, such as a change of ownership or management structure of one of the contracting parties, which would qualify as a change of control.
Also known as change of control. A provision in an agreement giving a party certain rights (such as consent, payment or termination) in connection with a change in ownership or management of the other party to the agreement.
with the conditions of a resource authority when the ownership of a resource authority itself does not. change but who is in control of the company changes. This is referred to as an 'indirect' change of. control.
What is Change of Control? In finance, a Change of Control occurs when there is a material change in the ownership of a company. The exact criteria that determine such a change can vary and are defined by law and through contractual agreements.
Definition of change of control. A "Change of Control" clause defines the conditions under which a shift in ownership or management of a company occurs, typically outlining scenarios like mergers, acquisitions, or significant transfers of shares.
A generic form of request for consent to a change of control for use when the counterparty's acceptance is necessary to avoid the risk of adverse consequences under a commercial contract.
A generic form of request for consent to a change of control for use when the counterparty's acceptance is necessary to avoid the risk of adverse consequences under a commercial contract.

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The Application for Consent to Indirect Change of Control is a legal document that must be submitted to obtain approval for indirect changes in control of licenses, permits, or other regulatory approvals in specific industries.
Entities or individuals who hold licenses or regulatory approvals and are undergoing changes in their ownership structure that may indirectly affect those approvals are required to file this application.
The application must be filled out completely with accurate details regarding the entity's ownership, the nature of the change in control, and any relevant information that supports the request for approval.
The purpose of the application is to ensure that regulatory bodies are informed of any changes in control that could impact compliance with laws and regulations, protecting public interests.
The application must report information such as the existing ownership details, descriptions of the proposed change in control, financial details, and any potential impacts on operations.
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