Common use of Canadian Competition Act Clause in Contracts

Canadian Competition Act. Neither (i) the aggregate value of the Acquired Assets in Canada of Sellers, nor (ii) the gross revenues from sales in or from Canada from such assets exceeds Cdn$73 million as determined in accordance with the Notifiable Transaction Regulations promulgated under the Competition Act (Canada).

Appears in 2 contracts

Samples: Asset Purchase Agreement (Valeant Pharmaceuticals International, Inc.), Asset Purchase Agreement (Medicis Pharmaceutical Corp)

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Canadian Competition Act. Neither (i) the The aggregate value of the Acquired Assets assets in Canada of Sellers, nor (ii) the Purchased Entity and its Subsidiaries and the gross revenues from sales in or from Canada generated from such the assets exceeds Cdn$73 million in Canada of the Purchased Entity and its Subsidiaries, all as determined in accordance with the Notifiable Transaction Regulations promulgated under Part IX of the Competition Act (Canada)) and the Notifiable Transactions Regulations thereunder, do not exceed CAD$88 million.

Appears in 1 contract

Samples: Purchase Agreement (Tiptree Inc.)

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Canadian Competition Act. Neither (ia) the aggregate value of the Acquired Assets assets in Canada of Sellers, the Seller and its Affiliates nor (iib) the gross revenues from sales in in, from or from into Canada from such assets exceeds Cdn$73 million of the Seller and its Affiliates, as determined in accordance with the Notifiable Transaction Regulations promulgated under manner prescribed in the Canadian Competition Act (Canadaincluding the Notifiable Transactions Regulations thereunder), as amended, exceed, in either case, $200,000,000 Canadian dollars.

Appears in 1 contract

Samples: Asset Purchase Agreement (Eddie Bauer Holdings, Inc.)

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