Competition Act and Investment Canada Act. (i) Each of the Seller and ----------------------------------------- the Purchaser shall have filed all notices and information required under Part IX of the Competition Act (Canada) and satisfied any request for additional information thereunder and the applicable waiting periods shall have expired without the Commissioner of Competition having notified Purchaser that he intends to apply to the Competition Tribunal for an order under Sections 00, 000 xx 000 xx xxx Xxxxxxxxxxx Xxx (Xxxxxx) in respect of the transactions contemplated herein, or the Parties shall have received an Advance Ruling Certificate ("ARC") pursuant to the Competition Act (Canada) from the Commissioner of Competition, and (ii) no proceedings shall have been taken or threatened to be taken under the merger provisions of Part VIII or under Section 45 of the Act in respect of the transactions contemplated herein, and (iii) Investment Canada shall have provided a receipt to the Purchaser pursuant to the Investment Canada Act or the Purchaser shall have received evidence, satisfactory to it, indicating that the acquisition of the Assets Sold and the Merchant Business is not a reviewable transaction or, if it is a reviewable transaction, the Minister shall have been satisfied or deemed to have been satisfied that such acquisition is likely to be a net benefit to Canada.
Competition Act and Investment Canada Act. The Vendor represents and warrants that it is not an “operating business” as that term is defined under subsection 108(i) of the Competition Act or a “Canadian business” as that term is defined under section 3 of the Investment Canada Act.
Competition Act and Investment Canada Act. (a) The aggregate value of all assets in Canada of the Company and entities controlled by the Company and the annual gross revenues from sales in and from Canada generated from all such assets do not exceed, in either case, CAN$73 million as determined in accordance with Part IX of the Competition Act and the Notifiable Transactions Regulations thereunder.
Competition Act and Investment Canada Act. For the purposes of Section 110(2) of the Competition Act (Canada) (the “Competition Act”), the book value of the Purchased Assets is less than $73 million and the gross annual revenues generated from the Purchased Assets is less than $73 million, all as calculated in accordance with the Competition Act and the regulations thereto. The Purchased Assets do not constitute and do not form part of a cultural business, within the meaning of the Investment Canada Act (Canada).
Competition Act and Investment Canada Act. (a) Neither the value of the Purchased Assets in Canada, nor the gross revenues from sales generated from such Purchased Assets, exceeds C$77 million, in either case, as determined in accordance with the Competition Act and the regulations thereunder. EAST\48096305.13
Competition Act and Investment Canada Act. As calculated in accordance with the Competition Act and the regulations thereto, the assets in Canada of the Company and its Subsidiaries: (a) have an aggregate book value not exceeding C$96 million; and (b) generate gross revenues from sales in or from Canada not exceeding C$96 million. The Company and its Subsidiaries are not a cultural business within the meaning of the Investment Canada Act.
Competition Act and Investment Canada Act. (a) Bear Canada, together with its Affiliates (including Bear U.S.) and any other affiliates, as determined in accordance with the Competition Act, does not have assets in Canada, or gross revenues from sales in, from or into Canada, that exceed CDN$50,000,000 in aggregate value as determined in accordance with the Notifiable Transactions Regulations promulgated under the Competition Act.
Competition Act and Investment Canada Act. (a) Buckeye Canada, together with its Affiliates and any other affiliates, as determined in accordance with the Competition Act, does not have assets in Canada, or gross revenues from sales in, from or into Canada, that exceed CDN$300,000,000 in aggregate value as determined in accordance with the Notifiable Transactions Regulations promulgated under the Competition Act.
Competition Act and Investment Canada Act. As measured in accordance with Part IX of the Competition Act and the Notifiable Transactions Regulations thereto: (i) the total value of the Company’s assets in Canada is less than $73 million; and (ii) the gross revenues from sales in or from Canada generated from the Company’s assets is less than $73 million. The Company is not engaged in a “cultural business” within the meaning of the Investment Canada Act.
Competition Act and Investment Canada Act. As determined in accordance with the Competition Act, the Investment Canada Act, and regulations thereunder:
