Common use of Competition Act (Canada) Clause in Contracts

Competition Act (Canada). For the purposes of determining the application of the pre-merger filing requirements of the Competition Act (Canada), the Company, together with its affiliates (as defined in the Competition Act (Canada)), has assets in Canada with an aggregate value of approximately C$5,615,000 and gross revenues from sales in, from, or into Canada with an aggregate value of approximately C$12,925,000, as shown on the Balance Sheet and corresponding statement of operations.

Appears in 3 contracts

Samples: Agreement and Plan of Merger (Hostopia.com Inc.), Agreement and Plan of Merger (Hostopia.com Inc.), Agreement and Plan of Merger (Deluxe Corp)

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Competition Act (Canada). For the purposes of determining the application of the pre-merger acquisition filing requirements of the Competition Act (Canada), the Companyaggregate book value of the Purchased Assets in Canada and the gross revenues from sales in or from Canada of the Vendor and its affiliates, together with its affiliates (determined in each case as defined prescribed in the Competition Act (Canada))) and the notifiable transactions regulations, has assets in Canada with an aggregate value of approximately C$5,615,000 and gross revenues from sales in, from, or into Canada with an aggregate value of approximately C$12,925,000, as shown on the Balance Sheet and corresponding statement of operationsare each less than $86,000,000.

Appears in 1 contract

Samples: Asset Purchase Agreement (SunOpta Inc.)

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Competition Act (Canada). For the purposes of determining the application of the pre-merger filing requirements of the Competition Act (Canada), the Companyaggregate value of the assets in Canada being acquired and the gross revenues from sales in and from Canada generated from the assets in Canada being acquired, together with its affiliates (determined in each case as defined prescribed in the Competition Act (Canada)), has assets in Canada with an aggregate value of approximately C$5,615,000 are less than CDN$50 million and gross revenues from sales inCDN$50 million, from, or into Canada with an aggregate value of approximately C$12,925,000, as shown on the Balance Sheet and corresponding statement of operationsrespectively.

Appears in 1 contract

Samples: Stock Purchase Agreement (Readers Digest Association Inc)

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