Compliance with Antitrust Laws. Pursuant to Texas Government Code § 2155.005, the Grantee certifies that neither Grantee nor any firm, corporation, partnership, or institution represented by Grantee, or anyone acting for such a firm, corporation or institution has (1) violated the antitrust laws of the State of Texas under Texas Business & Commerce Code, Chapter 15, or the federal antitrust laws; or (2) communicated directly or indirectly the Proposal to any competitor or any other person engaged in such line of business during the procurement process.
Compliance with Antitrust Laws. Each of HUBCO and MSB shall use its reasonable best efforts to resolve such objections, if any, which may be asserted with respect to the Merger under antitrust laws, including, without limitation, the Xxxx-Xxxxx-Xxxxxx Act. In the event a suit is threatened or instituted challenging the Merger as violative of antitrust laws, each of HUBCO and MSB shall use its reasonable best efforts to avoid the filing of, resist or resolve such suit. HUBCO and MSB shall use their reasonable best efforts to take such action as may be required: (a) by the Antitrust Division of the Department of Justice or the Federal Trade Commission in order to resolve such objections as either of them may have to the Merger under antitrust laws, or (b) by any federal or state court of the United States, in any suit brought by a private party or governmental entity challenging the Merger as violative of antitrust laws, in order to avoid the entry of, or to effect the dissolution of, any injunction, temporary restraining order, or other order which has the effect of preventing the consummation of the Merger. Reasonable best efforts shall include, but not be limited to, the proffer by HUBCO of its willingness to accept an order agreeing to the divestiture, or the holding separate, of any assets of HUBCO or MSB, except to the extent that any such divestitures or holding separate arrangement would have a Material Adverse Effect on HUBCO. The entry by a court, in any suit brought by a private party or governmental entity challenging the Merger as violative of antitrust laws, of an order or decree permitting the Merger, but requiring that any of the businesses, product lines or assets of HUBCO or MSB be divested or held separate thereafter shall not be deemed a failure to satisfy the conditions specified in Section 6.1 hereof except to the extent that any divestitures or holding separate arrangement would have a Material Adverse Effect on HUBCO and HUBCO shall not have voluntarily consented to such divestitures or holding separate arrangements. For the purposes of this Section 5.16, the divestiture or the holding separate of a branch or branches of Xxxxxx United, the New York Bank or Bank with, in the aggregate, less than $20 million in assets shall not be considered to have a Material Adverse Effect on HUBCO.
Compliance with Antitrust Laws. Each of S1 and Edify shall use its reasonable best efforts to resolve objections, if any, which may be asserted with respect to the Merger under antitrust laws, including, without limitation and if applicable, the HSR Act. In the event a suit is threatened or instituted challenging the Merger as violative of antitrust laws, each of S1 and Edify shall use its reasonable best efforts to avoid the filing of, or resist or resolve such suit. S1 and Edify shall use their reasonable best efforts to take such action as may be required by: (a) the Antitrust Division of the Department of Justice or the Federal Trade Commission in order to resolve such objections as either of them may have to the Merger under antitrust laws, or (b) any federal or state court of the United States, in any suit brought by a private party or Governmental Entity challenging the Merger as violative of antitrust laws, in order to avoid the entry of, or to effect the dissolution of, any injunction, temporary restraining order, or other order which has the effect of preventing the consummation of the Merger. Reasonable best efforts shall not include the willingness of S1 to accept an order agreeing to the divestiture, or the holding separate, of any assets of S1 or Edify which S1 reasonably determines to be material to S1 or to benefits of the transaction for which it has bargained for hereunder.
Compliance with Antitrust Laws. Each of FirstMerit and Security First shall use its diligent efforts to resolve such objections, if any, which may be asserted with respect to the Merger by the FRB, the Department of Justice, or any other Governmental Entity (including, without limitation, objections under any antitrust laws and any applicable laws or regulations). In the event a suit is threatened or instituted challenging the Merger as violative of the antitrust laws, each of FirstMerit and Security First shall use its diligent efforts to avoid the filing of, resist or resolve such suit. FirstMerit and Security First shall use their diligent efforts to take such action as may be required: (a) by the FRB, the Department of Justice, or any other Governmental Entity in order to resolve such objections as any of them may have to the Merger, or (b) by any federal or state court of the United States, in any suit brought by a private party or Governmental Entity challenging the Merger as violative of any antitrust laws, in order to avoid the entry of, or to effect the dissolution of, any injunction, temporary restraining order or other order which has the effect of preventing the consummation of the Merger.
Compliance with Antitrust Laws. Pursuant to Texas Government Code § 2155.005, Applicant certifies that neither Applicant nor any firm, corporation, partnership, or institution represented by Applicant, or anyone acting for such a firm, corporation or institution has (1) violated the antitrust laws of the State of Texas under Texas Business & Commerce Code, Chapter 15, or the federal antitrust laws; or (2) communicated directly or indirectly the Application to any competitor or any other person engaged in such line of business during the procurement process.
Compliance with Antitrust Laws. The Promoters are committed to fostering open competition in the development of products and services based on the final MSA Specification . The Promoters understand that in certain lines of business they are or may be direct competitors and that it is imperative that they and their representatives act in a manner which does not violate any state, federal or international antitrust laws and regulations. Without limiting the generality of the foregoing, the Promoters acknowledge that this Agreement prohibits any communication or action that violates the antitrust laws. Accordingly, each Promoter will make a good faith effort to counsel its representatives who participate in any activities under this Agreement and/or the MSA Agreement on the importance of limiting the scope of their discussions and communications to the topics that relate to the purposes of this Agreement and/or the MSA Agreement, whether or not such discussions and communications take place during formal meetings, informal gatherings, or otherwise.
Compliance with Antitrust Laws. It is the policy of the Company to comply with all applicable federal and state antitrust laws, including trade regulation laws, and it is expected that all of the officers and employees of the Company or its Affiliates will likewise comply. The failure to comply with applicable antitrust laws may subject the Company or its Affiliates and/or the individuals involved to criminal and civil penalties, including substantial fines and imprisonment, treble damage liability, injunctions or other court orders adversely affecting the operation of the business of the Company or its Affiliates, and the high cost of defending an antitrust case. The Company's General Counsel at Company Headquarters coordinates the handling of the legal affairs of the Company or its Affiliates. His staff is always available for consultation with respect to compliance with the antitrust laws. In addition, special legal counsel will be furnished, if To the extent it is legally able to do so, the Company shall be prepared to accept and/or defend any individual who has acted in good faith upon the advice of the Company's General Counsel, but who nevertheless has become involved in antitrust proceedings in the course of his employment by the Company or its Affiliates. Any individual who has violated the antitrust laws or is convicted of doing so shall be subject to appropriate disciplinary action, including dismissal, if such individual acted without seeking the advice of the Company's General Counsel or acted contrary to his advice.
Compliance with Antitrust Laws. Each of Parent and the Company shall use its reasonable best efforts to resolve objections, if any, which may be asserted with respect to the Merger under antitrust laws, including, without limitation, the HSR Act. In the event a suit is threatened or instituted challenging the Merger as violative of antitrust laws, each of Parent and the Company shall use its reasonable best efforts to avoid the filing of, or resist or resolve such suit. Parent and the Company shall use their reasonable best efforts to take such action as may be required: (a) by the Antitrust Division of the Department of Justice or the Federal Trade Commission in order to resolve such objections as either of them may have to the Merger under antitrust laws, or (b) by any federal or state court of the United States, in any suit brought by a private party or Governmental Entity challenging the Merger as violative of antitrust laws, in order to avoid the entry of, or to effect the dissolution of, any injunction, temporary restraining order, or other order which has the effect of preventing the consummation of the Merger. Reasonable best efforts shall not include, among other things and to the extent Parent so desires, the willingness of Parent to accept an order agreeing to the divestiture, or the holding separate, of any assets of Parent or the Company.
Compliance with Antitrust Laws. 5.1. The PARTICIPANTS will be combining unique experience and skills to create an open standard for single sign-on with decentralized authentication and open authorization from multiple providers of data spanning all network devices, and this purpose is believed by the PARTICIPANTS to be more difficult to achieve through the independent efforts of each company. The PARTICIPANTS are committed to fostering open competition in the development and sales of products and services related to the network enabling ubiquitous single sign-on and decentralized authentication of data among multiple different networked devices. The PARTICIPANTS also understand that in certain lines of business they are direct competitors and that it is imperative that they and their representatives act in a manner which does not violate any applicable antitrust or competition laws pertaining to monopolistic or anti-competitive practices. Thus, all PARTICIPANTS shall comply with all applicable antitrust and competition laws of all relevant jurisdictions. In addition, with the advice of counsel the MANAGEMENT BOARD shall from time to time promulgate detailed Antitrust Compliance Guidelines for the consideration of the PARTICIPANTS concerning their participation in the Liberty Alliance. These Guidelines are not intended to replace or displace each PARTICIPANT'S own antitrust policies, but shall operate to guide the PARTICIPANTS' participation in the Liberty Alliance.
