Competition Act and Investment Canada Act Sample Clauses

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.
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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.
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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. (b) The aggregate value of the assets of the Company and of all other entities in Canada, that are directly or indirectly controlled by the Company, calculated in the manner prescribed by the Investment Canada Act and the regulations thereunder, is less than CAN$312 million and none of the Company or any of its Subsidiaries is a cultural business (as such term is defined in the Investment Canada Act).
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Competition Act and Investment Canada Act. As determined in accordance with the Competition Act, the Investment Canada Act, and regulations thereunder: (i) for the purposes of Section 110(3) of the Competition Act, Avion and all entities controlled by Avion do not hold an aggregate value of assets in Canada that exceeds $25 million and do not generate gross revenues from sales in, from or into Canada that exceed $150 million, calculated in accordance with Sections 110(8) and 110(9) of the Competition Act; and (ii) for purposes of the Investment Canada Act, Avion and all entities controlled by Avion do not provide any of the services, or engage in any of the activities of a “cultural business” within the meaning of Section 14.1 of the Investment Canada Act.
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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. (b) The Business does not carry on a “cultural business” as defined in the Investment Canada Act and the value of the Purchased Assets, calculated in the manner prescribed by the Investment Canada Act and the regulations thereunder, does not exceed C$330 million.
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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.
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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).
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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. (b) Bear Group is a “WTO Investor” within the meaning of the Investment Canada Act.
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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. (b) Buckeye Group is a “WTO investor” within the meaning of the Investment Canada Act.
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Related to Competition Act and Investment Canada Act

  • Investment Canada Act The Purchaser is not a “non-Canadian” within the meaning of the Investment Canada Act.

  • Margin Regulations; Investment Company Act (a) The Borrower is not engaged and will not engage, principally or as one of its important activities, in the business of purchasing or carrying margin stock (within the meaning of Regulation U issued by the FRB), or extending credit for the purpose of purchasing or carrying margin stock. (b) None of the Borrower, any Person Controlling the Borrower, or any Subsidiary is or is required to be registered as an “investment company” under the Investment Company Act of 1940.

  • Investment Advisers Act The Manager is not prohibited by the Investment Advisers Act of 1940, as amended, or the rules and regulations thereunder, from performing its obligations under the Management Agreement as described in the Registration Statement, the Pricing Disclosure Package and the Prospectus.

  • Compliance with Investment Company Act The business and other activities of the Borrower and its Subsidiaries, including the making of the Loans hereunder, the application of the proceeds and repayment thereof by the Borrower and the consummation of the Transactions contemplated by the Loan Documents do not result in a violation or breach in any material respect of the provisions of the Investment Company Act or any rules, regulations or orders issued by the Securities and Exchange Commission thereunder, in each case that are applicable to the Borrower and its Subsidiaries.

  • Pennsylvania Motor Vehicle Sales Finance Act Licenses The Indenture Trustee shall use its best efforts to maintain the effectiveness of all licenses required under the Pennsylvania Motor Vehicle Sales Finance Act in connection with this Indenture and the transactions contemplated hereby until the lien and security interest of this Indenture shall no longer be in effect in accordance with the terms hereof.

  • Additional Federally Required Orders/Directives Both parties agree that they will comply with the following laws and directives, where applicable: 11.20.1 Executive Order 11061, as amended, which directs the Secretary of HUD to take all action which is necessary and appropriate to prevent discrimination by agencies that utilize federal funds. 11.20.2 Public Law 88-352, Title VI of the Civil Rights Act of 1964, which provides that no person in the United States shall, on the basis of race, color, national origin, or sex, be excluded from participation in, denied the benefits of, or subjected to discrimination under any program or activity which receives federal financial assistance. The Agency hereby extends this requirement to the Contractor and its private contractors. Specific prohibited discriminatory actions and corrective action are described in Chapter 2, Subtitle C, Title V of the Anti-Drug Abuse Act of 1988 (42 U.S.C. 19901 et. seq.). 11.20.3 Public Law 90-284, Title VIII of the Civil Rights Act of 1968., popularly known as the Fair Housing Act, which provides for fair housing throughout the United States and prohibits any person from discriminating in the sale or rental of housing, the financing of housing or the provision of brokerage services, including in any way making unavailable or denying a dwelling to any person because of race, color, religion, sex, or national origin. Pursuant to this statute, the Agency requires that the Contractor administer all programs and activities, which are related to housing and community development in such a manner as affirmatively to further fair housing. 11.20.4 The Age Discrimination Act of 1975, which prohibits discrimination on the basis of age. 11.20.5 Anti-Drug Abuse Act of 1988 (42 U.S.C. 11901 et. seq.). 11.20.6 HUD Information Bulletin 909-23 which is the following: 11.20.6.1 Notice of Assistance Regarding Patent and Copyright Infringement; 11.20.6.2 Clean Air and Water Certification; and,

  • Investment Company Act Compliance Seller is not required to be registered as an “investment company” as defined under the Investment Company Act nor as an entity under the control of an “investment company” as defined under the Investment Company Act.

  • Margin Regulations; Investment Company Act; Public Utility Holding Company Act (a) The Borrower is not engaged and will not engage, principally or as one of its important activities, in the business of purchasing or carrying margin stock (within the meaning of Regulation U issued by the FRB), or extending credit for the purpose of purchasing or carrying margin stock. (b) None of the Borrower, any Person Controlling the Borrower, or any Subsidiary (i) is a “holding company,” or a “subsidiary company” of a “holding company,” or an “affiliate” of a “holding company” or of a “subsidiary company” of a “holding company,” within the meaning of the Public Utility Holding Company Act of 1935, or (ii) is or is required to be registered as an “investment company” under the Investment Company Act of 1940.

  • Investment Company Act Margin Regulations (a) No Loan Party is engaged or will be engaged, principally or as one of its important activities, in the business of purchasing or carrying margin stock (within the meaning of Regulation U issued by the FRB), or extending credit for the purpose of purchasing or carrying margin stock. None of the proceeds of the Borrowings shall be used directly or indirectly for the purpose of purchasing or carrying any margin stock, for the purpose of reducing or retiring any Indebtedness that was originally incurred to purchase or carry any margin stock or for any other purpose that might cause any of the Credit Extensions to be considered a “purpose credit” within the meaning of Regulations T, U, or X issued by the FRB. (b) None of the Loan Parties, any Person Controlling any Loan Party, or any Subsidiary is required to be registered as an “investment company” under the Investment Company Act of 1940.

  • Investment Company Act; JOBS Act Acquiror is not an “investment company” or a Person directly or indirectly “controlled” by or acting on behalf of an “investment company”, in each case within the meaning of the Investment Company Act. Acquiror constitutes an “emerging growth company” within the meaning of the JOBS Act.

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