Common use of Competition Act Clause in Contracts

Competition Act. Each of (i) the aggregate value of the assets in Canada that are owned by the Company or by entities controlled by the Company, and (ii) the gross revenues from sales in or from Canada generated from the assets described in (i), do not exceed CAD$93 million, all values being determined in accordance with the Competition Act (Canada) and the regulations thereunder. ​ ​

Appears in 2 contracts

Samples: Arrangement Agreement (Goodness Growth Holdings, Inc.), Arrangement Agreement (Goodness Growth Holdings, Inc.)

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Competition Act. Each For the purposes of s. 110(2) of the Competition Act (Canada), each of (ia) the aggregate total value of the assets Purchased Assets in Canada that are owned by the Company or by entities controlled by the Company, Canada; and (iib) the gross revenues from sales in or from Canada generated from the assets described referred to in (i), do not exceed CAD$93 million, all values being determined a) above; measured in accordance with the Competition Act (Canada), are less than C$73 million or such other amount as is determined pursuant to ss. 110(8) and 110(9) of the regulations thereunder. ​ ​Competition Act (Canada).

Appears in 2 contracts

Samples: Asset Purchase Agreement (Integrated Device Technology Inc), Asset Purchase Agreement (Integrated Device Technology Inc)

Competition Act. Each of (i) the aggregate value of the assets in Canada that are owned by the Company or by entities controlled by the Company, and (ii) the gross revenues from sales in or from Canada generated from the those assets described in (i), do not exceed CAD$93 $93 million, all values being determined in accordance with the Competition Act (Canada) and the regulations thereunder. ​ ​Act.

Appears in 2 contracts

Samples: Arrangement Agreement (Cresco Labs Inc.), Arrangement Agreement (Columbia Care Inc.)

Competition Act. Each For the purposes of Part IX of the Competition Act (Canada), each of (ia) the aggregate value of the assets in Canada that are owned by the Company or by entities controlled by the CompanyCanada, determined as of such time and in such manner as may be prescribed, and (iib) the gross revenues from sales in or from Canada generated from Canada, determined for such annual period and in such manner as may be prescribed, of the assets described Corporations in (i), do each case does not exceed CAD$93 million, all values being determined in accordance with the Competition Act (Canada) and the regulations thereunder. ​ ​$93,000,000.

Appears in 1 contract

Samples: Share Purchase Agreement (Liminal BioSciences Inc.)

Competition Act. Each of (i) the The aggregate value of the assets in Canada that are owned by the Company or by entities any ‎‎‎corporations controlled by the Company, and (ii) the annual gross revenues from sales in or from Canada ‎from ‎‎Canada generated from such assets, all as determined in accordance with Part IX of the assets described in (i), ‎‎‎Competition Act and the Notifiable Transaction Regulations made thereunder do not exceed CAD$93 million, all values being determined in accordance with the Competition Act (Canada) and the regulations thereunder. ​ ​‎‎‎million.

Appears in 1 contract

Samples: Securities Purchase Agreement (Smart for Life, Inc.)

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Competition Act. Each of (i) the aggregate value of the assets in Canada that are owned by the Company or by entities controlled by the Company, and (ii) the gross revenues from sales in or from Canada generated from the assets described in (i), do not exceed CAD$93 million, all values being determined in accordance with the Competition Act (Canada) and the regulations thereunder. ​ ​.

Appears in 1 contract

Samples: Arrangement Agreement (Verano Holdings Corp.)

Competition Act. Each For purposes of s. 110(3) of the Competition Act (Canada), each of: (i) the aggregate total value of the Company’s assets in Canada plus the assets in Canada that are owned by the Company or by entities corporations that are controlled by the Company, ; and (ii) the gross revenues from sales in or from Canada generated from the assets described referred to in clause (i), do not exceed CAD$93 million, all values being determined ) above; measured in accordance with the Competition Act (Canada), is less than the review threshold amount as determined pursuant to ss. 110(8) and 110(9) of the regulations thereunder. ​ ​Competition Act (Canada).

Appears in 1 contract

Samples: Arrangement Agreement (Tilray, Inc.)

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