Competition Act Clearance Sample Clauses

Competition Act Clearance. The Competition Act Clearance shall have been obtained.
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Competition Act Clearance. (i) Within three (3) Business Days of the execution of this Agreement or such other date as the Parties may agree, the Purchasers shall submit to the Commissioner a request for an ARC, or, in the alternative, a No Action Letter, together with a request for a waiver in accordance with section 113(c) of the Competition Act, in respect of the transactions contemplated hereby. If the Purchasers and the Vendor mutually agree to take such action, by such date as the Parties may agree, the Purchasers shall, and the Vendor shall use their commercially reasonable efforts to cause the Company to, each make a premerger notification filing in respect of the transactions contemplated hereby with the Commissioner in accordance with Part IX of the Competition Act. The Purchasers shall, and the Vendor shall use their commercially reasonable efforts to cause the Company to, provide to the Commissioner at the earliest practicable date all additional information, documents or other materials that may be requested by the Commissioner in connection with his review of the transactions contemplated by this Agreement. The applicable filing fees and all taxes thereon payable in respect of the filings under this Subsection (i) shall be paid by the Purchasers or reimbursed by the Purchasers in the event that such fees or taxes are incurred by the Vendor. Each Party shall notify the other Party when it, or, in the case of the Company's premerger notification, the Vendor shall notify the Purchasers when the Company, has made the submissions and filings required pursuant to this Subsection (i). (ii) Each of the Parties shall use their commercially reasonable efforts to obtain the Competition Act Clearance as soon as reasonably practicable but, in any event, no later than the Outside Date. (iii) Each of the Parties will not take any action that may have the effect of delaying, impairing or impeding the receipt of the Competition Act Clearance such that the Competition Act Clearance is not obtained prior to the Outside Date. (iv) Each Party will, and will use commercially reasonable efforts to cause its Affiliates to, in connection with obtaining the Competition Act Clearance, do each of the following: (A) promptly inform the other Parties of (and, at the other Parties' reasonable request, supply to such other Parties) any communication (or other correspondence or memoranda) from or to, and any proposed understanding or agreement with, any Governmental Authority in connection with the Co...
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Competition Act Clearance. Either (i) the relevant waiting period in Section 123 of the Competition Act shall have expired or otherwise been terminated in accordance with the Competition Act, or the obligation to give the requisite notice and supply information shall have been waived pursuant to paragraph 113(c) of the Competition Act, and the Commissioner of Competition appointed under the Competition Act or his designee (the “Commissioner”) shall have issued a “no action letter” under Section 123 of the Competition Act reasonably satisfactory to Parent, indicating that the Commissioner does not, at that time, intend to make an application for an order under Section 92 of the Competition Act in respect of the Mergers and such “no action letter” remains in full force and effect, or (ii) the Commissioner shall have issued an advance ruling certificate pursuant to Section 102 of the Competition Act in respect of the Mergers ((i) or (ii), the “Competition Act Approval”).
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Competition Act Clearance. If the Purchaser determines that it is advisable to obtain Competition Act Clearance, the Purchaser shall forthwith provide written notice to the Corporation of such determination.
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Competition Act Clearance. In furtherance of the foregoing covenants and not in limitation of the foregoing: (a) Buyer shall file as promptly as reasonably practicable, and in any event within ten (10) Business Days after the Effective Date, a submission in support of a request for an ARC or, if the Commissioner will not issue an ARC, a letter confirming that the Commissioner does not, at that time, intend to make an application under section 92 of the Competition Act in respect of the transactions contemplated by this Agreement. If requested by Buyer or Seller, the Parties shall also file their respective notifications under section 114 of the Competition Act with respect to the transactions contemplated by this Agreement as promptly as reasonably practicable after the date of such request; (b) Buyer shall pay the requisite filing fee in connection with obtaining Competition Act Clearance; and (c) Each Party shall provide the other Party with the opportunity to review and comment on all documentation submitted to any Governmental Entity in respect of obtaining Competition Act Clearance.
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Related to Competition Act Clearance

  • Competition Act The aggregate value of all assets in Canada that are owned by the Company and by corporations controlled by the Company (other than assets that are shares of any of those corporations) or the annual gross revenues from sales in and from Canada generated from such assets do not exceed, in either case $50 million as determined pursuant to subsection 110(3) of the Competition Act.

  • Antitrust Notification If the Holder determines, in its sole judgment upon the advice of counsel, that the issuance of any Warrant Shares pursuant to the terms hereof would be subject to the provisions of the Hxxx-Xxxxx-Xxxxxx Antitrust Improvements Act of 1976, as amended (the “HSR Act”), the Company shall file as soon as practicable after the date on which the Company receives notice from the Holder of the applicability of the HSR Act and a request to so file with the United States Federal Trade Commission and the United States Department of Justice the notification and report form required to be filed by it pursuant to the HSR Act in connection with such issuance.

  • Antitrust Contractor hereby irrevocably assigns to the State of Connecticut all rights, title and interest in and to all Claims associated with this Contract that Contractor now has or may or will have and that arise under the antitrust laws of the United States, 15 USC Section 1, et seq. and the antitrust laws of the State of Connecticut, Connecticut General Statute § 35-24, et seq., including but not limited to any and all Claims for overcharges. This assignment shall become valid and effective immediately upon the accrual of a Claim without any further action or acknowledgment by the parties.

  • Antitrust Laws Any waiting period (and any extension thereof) applicable to the consummation of this Agreement under any Antitrust Laws shall have expired or been terminated.

  • ENERGY POLICY AND CONSERVATION ACT COMPLIANCE To the extent applicable, Supplier must comply with the mandatory standards and policies relating to energy efficiency which are contained in the state energy conservation plan issued in compliance with the Energy Policy and Conservation Act.

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