Common use of Foreign Acquisitions and Takeovers Act Clause in Contracts

Foreign Acquisitions and Takeovers Act. The Company represents and warrants that it is not a foreign person for the purposes of the Foreign Acquisitions and Takeovers Act (Cth) (the FATA) and that notification and/or approval of the option Agreement and/or the Assets Sale Agreement rs not required under the FATA. The Company indemnifies Bioaereeen for any loss, cost, damage expense or claim which Biogreen incurs as a result of this representation and warranty being incorrect

Appears in 2 contracts

Samples: Binding Option Agreement (Verdant Earth Technologies LTD), Binding Option Agreement (Verdant Earth Technologies LTD)

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Foreign Acquisitions and Takeovers Act. The Company represents and warrants that it is not a foreign person for the purposes of the Foreign Acquisitions and Takeovers Act (Cth) (the FATA) and that notification and/or approval of the option Agreement and/or the Assets Sale Agreement rs is not required under the FATA. The Company indemnifies Bioaereeen Biogereeen for any loss, cost, damage expense or claim which Biogreen incurs as a result of this representation and warranty being incorrect.

Appears in 2 contracts

Samples: Acquisition Rights (Verdant Earth Technologies LTD), Acquisition Rights (Verdant Earth Technologies LTD)

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