HSR Filings. Caldera, SCO and Newco will as promptly as practicable prepare and file the applicable notices and forms (if any) required to be filed by them under the HSR Act or comparable laws of non-U.S. governmental entities, and comply promptly with any appropriate requests from the Federal Trade Commission, the United States Department of Justice or any other Governmental Antitrust Authority for additional information and documentary material. The parties hereto will not take any action that will have the effect of delaying, impairing or impeding the termination of any waiting period or the receipt of any required approvals of a Government Antitrust Authority. Without limiting the generality of the parties' undertakings pursuant to this Section 1.12, the parties shall use their reasonable best efforts to prevent the entry in a judicial or administrative proceeding brought under any antitrust law by any Governmental Antitrust Authority or any other party of any permanent or preliminary injunction or other order that would make consummation of the SCO Transaction or the Merger in accordance with the terms of this Agreement unlawful under appropriate anti-trust laws or that would prevent or delay such consummation as a consequence of such laws. Each party hereto shall promptly inform the other of any material communication between such party and the Federal Trade Commission, the Department of Justice or any other Governmental Antitrust Authority regarding any of the transactions contemplated hereby. If any party or any Affiliate of such party receives a request for additional information or for documents or any material from any such Governmental Antitrust Authority with respect to the transactions contemplated hereby, then such party shall endeavor in good faith to make or cause to be made, as soon as reasonably practicable and after consultation with the other parties, an appropriate response in compliance with such request. Further, no written materials shall be submitted by any party to the Federal Trade Commission, the Department of Justice or any other Governmental Antitrust Authority in connection with HSR Act compliance or the merger control regulations of any other state or country, nor shall any oral communications be initiated with such governmental entities by any party, without prior disclosure to and coordination with the other parties and its counsel. Each party hereto will cooperate in connection with reaching any understandings, undertakings or agreements (oral or written) involving the Federal Trade Commission, the Department of Justice or any other Governmental Antitrust Authority in connection with the transactions contemplated hereby.
Appears in 3 contracts
Samples: Agreement and Plan of Reorganization (Santa Cruz Operation Inc), Agreement and Plan of Reorganization (Santa Cruz Operation Inc), Agreement and Plan of Reorganization (Caldera Systems Inc)
HSR Filings. Caldera, SCO and Newco will as promptly as practicable prepare and file the applicable notices and forms (if any) required to be filed by them under If compliance with the HSR Act or comparable laws of non-U.S. governmental entities, and comply promptly with any appropriate requests from the Federal Trade Commission, the United States Department of Justice or any other Governmental Antitrust Authority for additional information and documentary material. The parties hereto will not take any action that will have the effect of delaying, impairing or impeding the termination of any waiting period or the receipt of any is required approvals of a Government Antitrust Authority. Without limiting the generality of the parties' undertakings pursuant to this Section 1.12, the parties shall use their reasonable best efforts to prevent the entry in a judicial or administrative proceeding brought under any antitrust law by any Governmental Antitrust Authority or any other party of any permanent or preliminary injunction or other order that would make consummation of the SCO Transaction or the Merger in accordance with the terms of this Agreement unlawful under appropriate anti-trust laws or that would prevent or delay such consummation as a consequence of such laws. Each party hereto shall promptly inform the other of any material communication between such party and the Federal Trade Commission, the Department of Justice or any other Governmental Antitrust Authority regarding any of the transactions contemplated hereby. If any party or any Affiliate of such party receives a request for additional information or for documents or any material from any such Governmental Antitrust Authority with respect to the transactions contemplated hereby, then such party shall endeavor in good faith to make or cause to be made, as soon as reasonably practicable and after consultation with the other parties, an appropriate response in compliance with such request. Further, no written materials shall be submitted by any party to the Federal Trade Commission, the Department of Justice or any other Governmental Antitrust Authority in connection with HSR Act compliance or the merger control regulations of any other state or country, nor shall any oral communications be initiated with such governmental entities by any party, without prior disclosure to and coordination with the other parties and its counsel. Each party hereto will cooperate in connection with reaching any understandings, undertakings or agreements (oral or written) involving the Federal Trade Commission, the Department of Justice or any other Governmental Antitrust Authority in connection with the transactions contemplated by this Agreement, as promptly as practicable and in any event not later than February 29, 2012, each Party shall file with the Federal Trade Commission and the Department of Justice, as applicable, the required notification and report forms and shall as promptly as practicable furnish any supplemental information that may be requested in connection therewith. Each Party shall request, and take all reasonable steps to achieve, early termination of applicable waiting periods. Buyer shall bear all filing fees under the HSR Act and each Party shall bear its own costs for the preparation of any such filing and its other costs associated with compliance with the HSR Act. The Parties shall have the right to review in advance all characterizations of the information relating to this Agreement and the transactions contemplated hereby that appear in any filing made with a Governmental Authority as contemplated herein. Buyer and Seller agree to respond promptly to any inquiries from Governmental Authorities, including the Department of Justice or the Federal Trade Commission, concerning such filings and to comply in all material respects with the filing requirements of the HSR Act or other applicable Law. Buyer and Seller shall cooperate with each other and, subject to the terms of the Confidentiality Agreement, shall promptly furnish all information to the other Party that is necessary in connection with Buyer’s and Seller’s compliance with the HSR Act or other applicable Law. Buyer and Seller shall keep each other fully apprised with respect to any requests from or communications with Governmental Authorities, including the Department of Justice or the Federal Trade Commission, concerning such filings and shall consult with each other with respect to all responses thereto. Each of Seller and Buyer shall use its Commercially Reasonable Efforts to take all actions reasonably necessary and appropriate in connection with any HSR Act or other applicable Law filing to consummate the transactions contemplated hereby.
Appears in 2 contracts
Samples: Purchase and Sale Agreement, Purchase and Sale Agreement (Linn Energy, LLC)
HSR Filings. CalderaEach of Seller, SCO Purchaser and Newco will Parent shall make (or shall cause its respective "ultimate parent entities" as promptly as practicable prepare and file the applicable notices and forms (if any) required to be filed by them defined under the HSR Act or comparable laws of non-U.S. to make) any and all required governmental entities, and comply promptly with any appropriate requests from filings required under the Federal Trade Commission, the United States Department of Justice or any other Governmental Antitrust Authority for additional information and documentary material. The parties hereto will not take any action that will have the effect of delaying, impairing or impeding the termination of any waiting period or the receipt of any required approvals of a Government Antitrust Authority. Without limiting the generality of the parties' undertakings pursuant to this Section 1.12, the parties shall use their reasonable best efforts to prevent the entry in a judicial or administrative proceeding brought under any antitrust law by any Governmental Antitrust Authority or any other party of any permanent or preliminary injunction or other order that would make consummation of the SCO Transaction or the Merger in accordance with the terms of this Agreement unlawful under appropriate anti-trust laws or that would prevent or delay such consummation as a consequence of such laws. Each party hereto shall promptly inform the other of any material communication between such party and the Federal Trade Commission, the Department of Justice or any other Governmental Antitrust Authority regarding any of the transactions contemplated hereby. If any party or any Affiliate of such party receives a request for additional information or for documents or any material from any such Governmental Antitrust Authority HSR Act ("HSR Filings") with respect to the transactions contemplated hereby, then such party shall endeavor in good faith to make or cause to be made, as soon as reasonably practicable this Agreement and after consultation with the other parties, an appropriate response in compliance with such requestAncillary Agreements. Further, no written materials Neither Seller nor Purchaser shall be submitted by obligated to respond to any party to the Federal Trade Commission, inquiries or requests for additional information or documentation from the Department of Justice ("DOJ"), the Federal Trade Commission ("FTC") or any other Governmental Antitrust Authority in connection with HSR Act compliance or the merger control regulations Entity, as applicable. Neither Seller, Purchaser nor Parent shall be required hereunder to divest itself of any other state assets, properties or countrybusinesses, and neither Seller, Purchaser nor Parent shall be required to consent to any oral communications be initiated with such governmental entities modification or amendment of this Agreement if requested by any partyDOJ, without prior disclosure to and coordination with the other parties and its counsel. Each party hereto will cooperate in connection with reaching any understandings, undertakings or agreements (oral or written) involving the Federal Trade Commission, the Department of Justice FTC or any other Governmental Antitrust Authority Entity, as applicable. In the event an action is instituted by DOJ, FTC or any other Governmental Entity, as applicable, challenging the Acquisition as violative of applicable antitrust laws or an investigation is commenced, neither Seller, Purchaser nor Parent shall be obligated to resist or resolve such action or investigation. Each of Seller and Purchaser will notify the other of all correspondence, filings or communications between such party and its representatives, on the one hand, and DOJ, FTC or any other Governmental Entity, as applicable, on the other hand, with respect to this Agreement, the Ancillary Agreements and the transactions contemplated herein and therein. Each of Seller, Purchaser and Parent will furnish the other with such necessary information and reasonable assistance as such other parties may request in connection with the transactions contemplated herebypreparation of the HSR Filings. Each of Purchaser, Seller, and Parent shall, from time to time and on a reasonably timely basis, advise the other, of its designated representatives, in reasonable detail of the status and progress of Purchaser's or Seller's, as applicable, HSR Filings.
Appears in 2 contracts
Samples: Asset Purchase Agreement (Comshare Inc), Asset Purchase Agreement (Jda Software Group Inc)
HSR Filings. Caldera, SCO and Newco will as promptly as ----------- practicable prepare and file the applicable notices and forms (if any) required to be filed by them under the HSR Act or comparable laws of non-U.S. governmental entities, and comply promptly with any appropriate requests from the Federal Trade Commission, the United States Department of Justice or any other Governmental Antitrust Authority for additional information and documentary material. The parties hereto will not take any action that will have the effect of delaying, impairing or impeding the termination of any waiting period or the receipt of any required approvals of a Government Antitrust Authority. Without limiting the generality of the parties' undertakings pursuant to this Section 1.12, the parties shall use their reasonable best efforts to ------------ prevent the entry in a judicial or administrative proceeding brought under any antitrust law by any Governmental Antitrust Authority or any other party of any permanent or preliminary injunction or other order that would make consummation of the SCO Transaction or the Merger in accordance with the terms of this Agreement unlawful under appropriate anti-trust laws or that would prevent or delay such consummation as a consequence of such laws. Each party hereto shall promptly inform the other of any material communication between such party and the Federal Trade Commission, the Department of Justice or any other Governmental Antitrust Authority regarding any of the transactions contemplated hereby. If any party or any Affiliate of such party receives a request for additional information or for documents or any material from any such Governmental Antitrust Authority with respect to the transactions contemplated hereby, then such party shall endeavor in good faith to make or cause to be made, as soon as reasonably practicable and after consultation with the other parties, an appropriate response in compliance with such request. Further, no written materials shall be submitted by any party to the Federal Trade Commission, the Department of Justice or any other Governmental Antitrust Authority in connection with HSR Act compliance or the merger control regulations of any other state or country, nor shall any oral communications be initiated with such governmental entities by any party, without prior disclosure to and coordination with the other parties and its counsel. Each party hereto will cooperate in connection with reaching any understandings, undertakings or agreements (oral or written) involving the Federal Trade Commission, the Department of Justice or any other Governmental Antitrust Authority in connection with the transactions contemplated hereby.
Appears in 2 contracts
Samples: Agreement and Plan of Reorganization (Tarantella Inc), Agreement and Plan of Reorganization (Tarantella Inc)
HSR Filings. CalderaAs promptly as practicable and in any event not more than two (2) Business Days after the date of this Agreement with respect to any initial filing pursuant to the HSR Act, SCO both Parties shall file with all Governmental Authorities that may be necessary in order to consummate the transactions, including the Federal Trade Commission and Newco will the Department of Justice, as applicable, the required notification and report forms and shall as promptly as practicable prepare furnish any supplemental information that may be requested in connection therewith, and file request early termination of the applicable notices and forms (if any) required to be filed by them waiting period under the HSR Act or comparable laws Act. Each Party shall bear its own costs and expenses incurred in connection with any such filing and provision of non-U.S. governmental entitiesinformation, and comply Buyer and Seller shall each bear one-half of the costs of any filing fee required under the HSR Act. The Parties hereto shall have the right to review in advance all characterizations of the information relating to this Agreement and the transactions contemplated hereby that appear in any filing made with a Governmental Authority as contemplated herein. Buyer and Seller agree to respond promptly with to any appropriate requests inquiries from Governmental Authorities, including the Department of Justice or the Federal Trade Commission, concerning such filings and to comply in all material respects with the United States filing requirements of the HSR Act. Buyer and Seller shall consult and cooperate with each other and, subject to the terms of the Confidentiality Agreement, shall promptly furnish all information to the other Party that is necessary in connection with Buyer’s and Seller’s compliance with the HSR Act. Buyer and Seller shall keep each other fully apprised with respect to any requests from or communications with Governmental Authorities, including the Department of Justice or any other Governmental Antitrust Authority for additional information and documentary material. The parties hereto will not take any action that will have the effect of delaying, impairing or impeding the termination of any waiting period or the receipt of any required approvals of a Government Antitrust Authority. Without limiting the generality of the parties' undertakings pursuant to this Section 1.12, the parties shall use their reasonable best efforts to prevent the entry in a judicial or administrative proceeding brought under any antitrust law by any Governmental Antitrust Authority or any other party of any permanent or preliminary injunction or other order that would make consummation of the SCO Transaction or the Merger in accordance with the terms of this Agreement unlawful under appropriate anti-trust laws or that would prevent or delay such consummation as a consequence of such laws. Each party hereto shall promptly inform the other of any material communication between such party and the Federal Trade Commission, concerning such filings and shall consult with each other with respect to all responses thereto and consider any comments of the Department other Party in good faith. Each of Justice Seller and Buyer shall use their commercially reasonable efforts to take all actions reasonably necessary and appropriate in connection with any HSR Act filing to consummate the transactions hereby as soon as practicable; provided, however, in no event will either of the Parties or their respective Affiliates be required to agree to any other Governmental Antitrust Authority regarding divestiture, transfer or licensing of its properties, assets or businesses, or to the imposition of any limitation on the ability of any of the transactions contemplated hereby. If any party foregoing to conduct its businesses or any Affiliate to own or exercise control of such party receives a request for additional information or for documents or any material from any such Governmental Antitrust Authority with respect to the transactions contemplated hereby, then such party shall endeavor in good faith to make or cause to be made, as soon as reasonably practicable its assets and after consultation with the other parties, an appropriate response in compliance with such request. Further, no written materials shall be submitted by any party to the Federal Trade Commission, the Department of Justice or any other Governmental Antitrust Authority in connection with HSR Act compliance or the merger control regulations of any other state or country, nor shall any oral communications be initiated with such governmental entities by any party, without prior disclosure to and coordination with the other parties and its counsel. Each party hereto will cooperate in connection with reaching any understandings, undertakings or agreements (oral or written) involving the Federal Trade Commission, the Department of Justice or any other Governmental Antitrust Authority in connection with the transactions contemplated herebyproperties.
Appears in 2 contracts
Samples: Purchase and Sale Agreement, Purchase and Sale Agreement (Apache Corp)
HSR Filings. Caldera, SCO Seller and Newco will as Buyer shall each (a) take promptly as practicable prepare and file all actions necessary to make the filings required of it or any of its Affiliates under the applicable notices and forms Antitrust Laws, including the HSR Act, (if anyb) required comply at the earliest practicable date with any request for additional information or documentary material received by it or any of its Affiliates from the Federal Trade Commission or the Antitrust Division of the Department of Justice pursuant to be filed by them under the HSR Act or comparable laws of non-U.S. governmental entities, and comply promptly (c) cooperate in connection with any appropriate requests from filing or submission under applicable Antitrust Laws and in connection with resolving any investigation or other inquiry, including consulting with the other party in advance of arranging for or participating in any meeting with any Authority, concerning the transactions contemplated by this Agreement commenced by any of the Federal Trade Commission, the United States Antitrust Division of the Department of Justice or any other Governmental Antitrust Authority for additional information and documentary material. The parties hereto will not take any action that will have the effect of delaying, impairing or impeding the termination Attorney General of any waiting period or the receipt of any required approvals of a Government Antitrust Authoritystate. Without limiting the generality of the parties' undertakings pursuant to this Section 1.12, the parties Seller and Buyer shall each use their all reasonable best efforts to prevent resolve such objections, if any, as may be asserted with respect to the entry in a judicial or administrative proceeding brought transactions contemplated by this Agreement under any antitrust law by Antitrust Law. Notwithstanding anything to the contrary herein, neither Buyer Parties nor Seller shall be required to (i) divest or hold separate, or accept any Governmental Antitrust Authority condition or limitation upon, any portion of their businesses, or (ii) divest or hold separate, or accept any condition or limitation upon, any portion of their respective businesses, products lines or assets. Seller and Buyer shall each promptly inform the other party of any permanent or preliminary injunction or other order that would make consummation of the SCO Transaction or the Merger in accordance with the terms of this Agreement unlawful under appropriate anti-trust laws or that would prevent or delay such consummation as a consequence of such laws. Each party hereto shall promptly inform the other of any material communication between made to, or received by such party and from, the Federal Trade Commission, the Department of Justice or any other Governmental Antitrust Authority regarding any of the transactions contemplated hereby. If Neither Buyer nor Seller shall enter into any party proposed understanding, undertaking, or agreement with any Affiliate of such party receives a request for additional information or for documents or any material from any such Governmental Antitrust Authority with respect to the transactions contemplated hereby, then such party shall endeavor in good faith to make or cause to be made, as soon as reasonably practicable and after consultation with the other parties, an appropriate response in compliance with such request. Further, no written materials shall be submitted by any party to the Federal Trade Commission, the Department of Justice or any other Governmental Antitrust Authority in connection with HSR Act compliance or the merger control regulations of any other state or country, nor shall any oral communications be initiated with such governmental entities by any party, without prior disclosure to and coordination with the other parties and its counsel. Each party hereto will cooperate in connection with reaching any understandings, undertakings or agreements (oral or written) involving the Federal Trade Commission, the Department of Justice or any other Governmental Antitrust Authority in connection with the transactions contemplated herebyby this Agreement without the prior written consent of the other party. For purposes of this Agreement, "Antitrust Laws" means the Xxxxxxx Act, as amended, the Xxxxxxx Act, as amended, the HSR Act, the Federal Trade Commission Act, as amended, and all other federal, state, foreign and multinational statutes, rules, regulations, orders, decrees, administrative and judicial doctrines, and other Laws that are designed or intended to prohibit, restrict or regulate actions having the purpose or effect of monopolization or restraint of trade.
Appears in 1 contract
HSR Filings. CalderaIf required by Applicable Laws, SCO after the execution of this Agreement, both Parties shall promptly, and Newco will as in no less than [***] Business Days, file, the appropriate notices under the Xxxx Xxxxx Xxxxxx Antitrust Improvements Act (“HSR Act”). The Parties shall promptly as practicable prepare and file the applicable notices and forms (if any) make required filings to be filed by them obtain clearance under the HSR Act or comparable laws for the consummation of non-U.S. governmental entitiesthis Agreement and the transactions contemplated hereby, use reasonable efforts to obtain such clearance, and shall keep each other apprised of the status of any communications with, and any inquiries or requests for additional information from, the United States’ Federal Trade Commission (“FTC”) and Department of Justice (“DOJ”) and shall comply promptly with any appropriate requests from such inquiry or request; provided, however, neither Party shall be required to consent to the Federal Trade Commissiondivestiture or other disposition of any of its assets or the assets of its Affiliates or to consent to any other structural or conduct remedy, and each Party and its Affiliates shall have no obligation to contest, administratively or in court, any ruling, order or other action of the United States Department of Justice FTC or DOJ or any other Governmental Antitrust Authority for additional information and documentary material. The parties hereto will not take any action that will have the effect of delaying, impairing or impeding the termination of any waiting period or the receipt of any required approvals of a Government Antitrust Authority. Without limiting the generality of the parties' undertakings pursuant to this Section 1.12, the parties shall use their reasonable best efforts to prevent the entry in a judicial or administrative proceeding brought under any antitrust law by any Governmental Antitrust Authority or any other party of any permanent or preliminary injunction or other order that would make consummation of the SCO Transaction or the Merger in accordance with the terms of this Agreement unlawful under appropriate anti-trust laws or that would prevent or delay such consummation as a consequence of such laws. Each party hereto shall promptly inform the other of any material communication between such party and the Federal Trade Commission, the Department of Justice or any other Governmental Antitrust Authority regarding any of the transactions contemplated hereby. If any party or any Affiliate of such party receives a request for additional information or for documents or any material from any such Governmental Antitrust Authority Third Party with respect to the transactions contemplated hereby, then such party shall endeavor in good faith to make or cause to be made, as soon as reasonably practicable and after consultation with the other parties, an appropriate response in compliance with such requestby this Agreement. Further, no written materials Each Party shall be submitted by any party to the Federal Trade Commission, the Department of Justice or any other Governmental Antitrust Authority responsible for paying its own costs and expenses (including legal and consultants’ fees) incurred in connection with HSR Act compliance or obtaining clearance of the merger control regulations transactions contemplated hereby from the FTC and the DOJ [***]. Each of any other state or country, nor shall any oral communications be initiated with such governmental entities by any party, without prior disclosure the Parties hereto will furnish to and coordination with the other parties such necessary information and its counsel. Each party hereto will cooperate in connection with reaching any understandings, undertakings or agreements (oral or written) involving reasonable assistance as the Federal Trade Commission, the Department of Justice or any other Governmental Antitrust Authority may request in connection with the transactions contemplated herebypreparation of any required filings or submissions and will cooperate in responding to any inquiry from the FTC or DOJ and to any requests for additional information at the earliest practicable date, including promptly informing the other Party of such inquiry, consulting in advance before making any presentations or submissions to the FTC or DOJ, and supplying each other with copies of all material correspondence, filings or communications between either party and either the FTC or DOJ with respect to this Agreement. Such information can be shared on an outside counsel basis or subject to other restrictions to the extent deemed necessary or advisable by counsel for the disclosing Party. To the extent practicable and as permitted by the FTC or DOJ, each Party hereto shall permit representatives of the other Party to participate in material substantive meetings (whether by telephone or in person) with the FTC or DOJ. Neither Party shall commit to or agree with the FTC or DOJ to withdraw its filing and refile under the HSR Act without the prior written consent of the other (such consent not to be unreasonably withheld, conditioned or delayed). In the event the Parties determine that HSR filings are required, the Effective Date shall not be deemed to have occurred and this Agreement (other than this Section 18 and Section 10) shall not be binding until the HSR Clearance Date. Notwithstanding any other provisions of this Agreement to the contrary, either Party may terminate this Agreement effective upon notice to the other Party if the HSR Clearance Date has not occurred on or before the date that is one hundred and eighty (180) days after the Parties make their respective HSR filings.
Appears in 1 contract
Samples: License and Development Agreement (Selecta Biosciences Inc)
HSR Filings. Caldera, SCO and Newco will as promptly as practicable prepare and file the applicable notices and forms (if any) required to be filed by them under If compliance with the HSR Act or comparable laws of non-U.S. governmental entities, and comply promptly with any appropriate requests from the Federal Trade Commission, the United States Department of Justice or any other Governmental Antitrust Authority for additional information and documentary material. The parties hereto will not take any action that will have the effect of delaying, impairing or impeding the termination of any waiting period or the receipt of any is required approvals of a Government Antitrust Authority. Without limiting the generality of the parties' undertakings pursuant to this Section 1.12, the parties shall use their reasonable best efforts to prevent the entry in a judicial or administrative proceeding brought under any antitrust law by any Governmental Antitrust Authority or any other party of any permanent or preliminary injunction or other order that would make consummation of the SCO Transaction or the Merger in accordance with the terms of this Agreement unlawful under appropriate anti-trust laws or that would prevent or delay such consummation as a consequence of such laws. Each party hereto shall promptly inform the other of any material communication between such party and the Federal Trade Commission, the Department of Justice or any other Governmental Antitrust Authority regarding any of the transactions contemplated hereby. If any party or any Affiliate of such party receives a request for additional information or for documents or any material from any such Governmental Antitrust Authority with respect to the transactions contemplated hereby, then such party shall endeavor in good faith to make or cause to be made, as soon as reasonably practicable and after consultation with the other parties, an appropriate response in compliance with such request. Further, no written materials shall be submitted by any party to the Federal Trade Commission, the Department of Justice or any other Governmental Antitrust Authority in connection with HSR Act compliance or the merger control regulations of any other state or country, nor shall any oral communications be initiated with such governmental entities by any party, without prior disclosure to and coordination with the other parties and its counsel. Each party hereto will cooperate in connection with reaching any understandings, undertakings or agreements (oral or written) involving the Federal Trade Commission, the Department of Justice or any other Governmental Antitrust Authority in connection with the transactions contemplated by this Agreement, as promptly as practicable and in any event not later than fifteen (15) Business Days after the Signing Date, each Party shall file with the Federal Trade Commission and the Department of Justice, as applicable, the required notification and report forms and shall as promptly as practicable furnish any supplemental information that may be requested in connection therewith. Each Party shall request, and use its Commercially Reasonable Efforts to achieve, early termination of applicable waiting periods. Purchaser shall bear all filing fees under the HSR Act and each Party shall bear its own costs for the preparation of any such filing and its other costs associated with compliance with the HSR Act. The Parties shall have the right to review in advance all characterizations of the information relating to this Agreement and the transactions contemplated hereby that appear in any filing made with a Governmental Authority as contemplated herein. Purchaser and Seller agree to respond promptly to any inquiries from Governmental Authorities, including the Department of Justice or the Federal Trade Commission, concerning such filings and to comply in all material respects with the filing requirements of the HSR Act or other applicable Law. Purchaser and Seller shall cooperate with each other and, subject to the terms of the Confidentiality Agreement, shall promptly furnish all information to the other Party that is necessary in connection with Purchaser’s and Seller’s compliance with the HSR Act or other applicable Law. Purchaser and Seller shall keep each other fully apprised with respect to any requests from or communications with Governmental Authorities, including the Department of Justice or the Federal Trade Commission, concerning such filings and shall consult with each other with respect to all responses thereto. Each of Seller and Purchaser shall use its Commercially Reasonable Efforts to take all actions reasonably necessary and appropriate in connection with any HSR Act or other applicable Law filing to consummate the transactions contemplated hereby.
Appears in 1 contract
Samples: Purchase and Sale Agreement (Plains Exploration & Production Co)
HSR Filings. Caldera, SCO and Newco will as (a) As promptly as practicable prepare and file after the applicable notices and forms (if any) date of this Agreement, each of the parties hereto will make any filings required to be filed by them under the HSR Act or comparable laws to be made by it in order to consummate the transactions contemplated hereby and required in connection with the conversion of non-U.S. governmental entitiesClass C Common Stock to Class A Common Stock, and comply promptly each party hereto will cooperate with the other party hereto in connection with any appropriate requests from such filings required by the HSR Act. Notwithstanding anything to the contrary contained herein, nothing in this Agreement will require any Person, whether pursuant to an order of the Federal Trade Commission, Commission or the United States Department of Justice or otherwise, to dispose of any other Governmental Antitrust Authority for additional information and documentary material. The parties hereto will not assets, lines of business or equity interests, or otherwise take any action that will have would materially affect its business, in order to obtain the effect consent of delaying, impairing or impeding the termination of any waiting period or the receipt of any required approvals of a Government Antitrust Authority. Without limiting the generality of the parties' undertakings pursuant to this Section 1.12, the parties shall use their reasonable best efforts to prevent the entry in a judicial or administrative proceeding brought under any antitrust law by any Governmental Antitrust Authority or any other party of any permanent or preliminary injunction or other order that would make consummation of the SCO Transaction or the Merger in accordance with the terms of this Agreement unlawful under appropriate anti-trust laws or that would prevent or delay such consummation as a consequence of such laws. Each party hereto shall promptly inform the other of any material communication between such party and the Federal Trade Commission, Commission or the United States Department of Justice or any other Governmental Antitrust Authority regarding any of the transactions contemplated hereby. If any party or any Affiliate of such party receives a request for additional information or for documents or any material from any such Governmental Antitrust Authority with respect to the transactions contemplated hereby, then such party by this Agreement. Each of the parties hereto shall endeavor in good faith to make or cause to be made, as soon as reasonably practicable and after consultation with promptly provide the other parties, an appropriate response in compliance with such request. Further, no written materials shall be submitted by any party to the Federal Trade Commission, the Department of Justice (or any other Governmental Antitrust Authority in connection with HSR Act compliance or the merger control regulations of any other state or country, nor shall any oral communications be initiated with such governmental entities by any party, without prior disclosure to and coordination with the other parties and its counsel. Each party hereto will cooperate in connection with reaching ) copies of all filings made and any understandings, undertakings or agreements (oral or written) involving the Federal Trade Commission, the Department of Justice or any other Governmental Antitrust Authority materials submitted in connection with the transactions contemplated herebyHSR Act. The Class C Common Stock issued to Purchaser (i) may be converted by Purchaser into Class A Common Stock only if all consents, approvals or authorizations of, or declarations to or filings with, any governmental authority, including, without limitation, filings required under the HSR Act and the termination or expiration of any applicable waiting period under the HSR Act, as may be required for such conversion have been obtained or made, as the case may be, to the reasonable satisfaction of the Company and (ii) shall be converted at such time.
(b) If Purchaser informs the Company in writing at least five (5) business days prior to the Closing that none of the consents, approvals, authorizations or filings described in clause (i) of the immediately preceding sentence are required, then the Company shall sell, and the Purchaser shall purchase hereunder, shares of Class A Common Stock in lieu of the shares of Class C Common Stock described in Section 1B ---------- above, and this Section 5 shall no longer apply. ---------
Appears in 1 contract
HSR Filings. Caldera, SCO and Newco will as promptly as practicable prepare and file the applicable notices and forms (if any) required to be filed by them under the HSR Act or comparable laws of non-U.S. governmental entities, and comply promptly with any appropriate requests from the Federal Trade Commission, the United States Department of Justice or any other Governmental Antitrust Authority for additional information and documentary material. The parties hereto will not take any action that will have the effect of delaying, impairing or impeding the termination of any waiting period or the receipt of any required approvals of a Government Antitrust Authority. Without limiting the generality of the parties' undertakings pursuant to this Section 1.125.5(a), the parties Company and Parent shall use their reasonable best efforts to prevent (A) duly file with the entry in a judicial or administrative proceeding brought FTC and the Antitrust Division the notification and report form (the "HSR Filing") required under the HSR Act and (B) duly make all notifications and other filings required (together with the HSR Filing, the "Antitrust Filings") under any other applicable competition, merger control, antitrust law by or similar Law or under any Governmental Antitrust Authority foreign investment Law that the Company and Parent deem advisable or any other party of any permanent or preliminary injunction or other order that would make consummation of the SCO Transaction or the Merger appropriate, in accordance with the terms of this Agreement unlawful under appropriate anti-trust laws or that would prevent or delay such consummation as a consequence of such laws. Each party hereto shall promptly inform the other of any material communication between such party and the Federal Trade Commission, the Department of Justice or any other Governmental Antitrust Authority regarding any of the transactions contemplated hereby. If any party or any Affiliate of such party receives a request for additional information or for documents or any material from any such Governmental Antitrust Authority each case with respect to the transactions contemplated herebyby this Agreement and within twenty (20) Business Days of the execution of this Agreement. The Antitrust Filings shall be in substantial compliance with the requirements of the HSR Act or other Laws, then such party shall endeavor as applicable. For the avoidance of doubt and notwithstanding anything to the contrary contained in good faith this Agreement, neither the Company nor any Company Subsidiary shall, without the express written approval of Parent, commit to any divestitures, licenses or hold separate or similar arrangements with respect to assets or conduct of business arrangements as a condition to obtaining any and all approvals from any Governmental Entity for any reason in order to consummate and make or cause effective, as promptly as practicable, the Merger and the other transactions to be madeperformed or consummated by the Company and the Company Subsidiaries, as soon as reasonably practicable including, without limitation, taking any and after consultation with all actions necessary in order to ensure that (x) no requirement for non-action, a waiver, consent or approval of the other parties, an appropriate response in compliance with such request. Further, no written materials shall be submitted by any party to the Federal Trade CommissionFTC, the Department of Justice Antitrust Division, or other Governmental Entity, (y) no decree, judgment, injunction, temporary restraining order or any other Governmental Antitrust Authority order in connection with HSR Act compliance any suit or proceeding, and (z) no other matter relating to any antitrust or competition Law or regulation, would preclude consummation of the merger control regulations of any other state or countryMerger. Neither party shall, nor shall it permit any oral communications of its Subsidiaries or Affiliates to, acquire or agree to acquire any business, Person or division thereof, or otherwise acquire or agree to acquire any assets if the entering into of a definitive agreement relating to or the consummation of such acquisition, would reasonably be initiated expected to materially increase the risk of not obtaining the applicable clearance, approval or waiver from any Governmental Entity with such governmental entities by any party, without prior disclosure respect to and coordination with the other parties and its counsel. Each party hereto will cooperate in connection with reaching any understandings, undertakings or agreements (oral or written) involving the Federal Trade Commission, the Department of Justice or any other Governmental Antitrust Authority in connection with the transactions contemplated herebyby this Agreement.
Appears in 1 contract
Samples: Merger Agreement (Thomas Nelson Inc)
HSR Filings. Caldera, SCO (a) Each of Buyer and Newco will as promptly as practicable prepare Seller agrees to make an appropriate filing of a Notification and file the applicable notices and forms (if any) required Report Form pursuant to be filed by them under the HSR Act or comparable laws of non-U.S. governmental entities, and comply promptly with any appropriate requests from the Federal Trade Commission, the United States Department of Justice or any other Governmental Antitrust Authority for additional information and documentary material. The parties hereto will not take any action that will have the effect of delaying, impairing or impeding the termination of any waiting period or the receipt of any required approvals of a Government Antitrust Authority. Without limiting the generality of the parties' undertakings pursuant to this Section 1.12, the parties shall use their reasonable best efforts to prevent the entry in a judicial or administrative proceeding brought under any antitrust law by any Governmental Antitrust Authority or any other party of any permanent or preliminary injunction or other order that would make consummation of the SCO Transaction or the Merger in accordance with the terms of this Agreement unlawful under appropriate anti-trust laws or that would prevent or delay such consummation as a consequence of such laws. Each party hereto shall promptly inform the other of any material communication between such party and the Federal Trade Commission, the Department of Justice or any other Governmental Antitrust Authority regarding any of the transactions contemplated hereby. If any party or any Affiliate of such party receives a request for additional information or for documents or any material from any such Governmental Antitrust Authority Competition Law with respect to the transactions contemplated hereby, then such party shall endeavor in good faith hereby as promptly as practicable after the date hereof and to make supply as promptly as practicable any additional information and documentary material that may be requested pursuant to the HSR Act or cause any other Competition Law.
(b) Each of Buyer and Seller agree to (i) supply as promptly as practicable any additional information and documentary material that may be made, as soon as reasonably practicable requested by any Governmental Entity pursuant to any Competition Law and after consultation (ii) to consult and cooperate with the other partiesparty with respect to, an appropriate response in compliance and to permit the other party to be present at conferences and meetings for the purpose of obtaining, clearance under any Competition Law.
(c) If any objections are asserted with such request. Further, no written materials shall be submitted respect to the transactions contemplated hereby under any Competition Law or if any suit or proceeding is instituted or threatened by any party to the Federal Trade Commission, the Department of Justice governmental authority or any other Governmental Antitrust Authority in connection with HSR Act compliance private party challenging any of the transactions contemplated hereby as violative of any Competition Law, each of Buyer and Seller shall use its best efforts to promptly resolve such objections; provided that none of Seller nor any of its Affiliates shall have any obligation to hold separate or divest any property or assets of Seller or any of its Affiliates or to defend against any lawsuit, action or proceeding, judicial or administrative, challenging this Agreement or the merger control regulations transactions contemplated thereby. In furtherance of the foregoing, Buyer shall, and shall cause its subsidiaries and controlled Affiliates to, take all action, including agreeing to hold separate or to divest any of the businesses or properties or assets of Buyer or any of its Affiliates (including any Purchased Assets) and to terminate any existing relationships and contractual rights and obligations, as may be required (i) by the applicable governmental or regulatory authority in order to resolve such objections as such governmental or regulatory authority may have to such transactions under any Competition Law or (ii) by any domestic or foreign court or other tribunal, in any action or proceeding brought by a private party or governmental or regulatory authority challenging such transactions as violative of any other state Competition Law, in order to avoid the entry of, or countryto effect the dissolution, vacating, lifting, altering or reversal of, any order that has the effect of restricting, preventing or prohibiting the consummation of the transactions contemplated by this Agreement.
(d) From the date of this Agreement until the Closing Date, neither Buyer nor shall Seller will enter into or consummate any oral communications be initiated with such governmental entities by acquisition or license agreement which would present a material risk of making it materially more difficult to obtain any party, without prior disclosure to and coordination with the other parties and its counsel. Each party hereto will cooperate in connection with reaching any understandings, undertakings approval or agreements (oral or written) involving the Federal Trade Commission, the Department of Justice or any other Governmental Antitrust Authority authorization required in connection with the transactions contemplated herebyherein with respect to Competition Law.
Appears in 1 contract
HSR Filings. Caldera, SCO (a) Each party hereto represents that it has made an appropriate filing of a Notification and Newco will Report Form pursuant to the HSR Act with respect to the Transactions and agrees to supply as promptly as practicable prepare any additional information and file documentary material that may be requested pursuant to the HSR Act by the Federal Trade Commission or the Antitrust Division of the Department of Justice. Each party shall use commercially reasonable efforts to take, or cause to be taken, all other actions consistent with this Section 7.5 necessary, proper or advisable to cause the expiration or termination of the applicable notices and forms (if any) required to be filed by them waiting period under the HSR Act as soon as practicable. Buyer shall not make or comparable laws consent to any voluntary extension of non-U.S. governmental entitiesany statutory deadline or waiting period or to any voluntary delay of the consummation of the Transactions at the behest of any Governmental Authority, and comply promptly with any appropriate requests from the Federal Trade Commission, the United States Department of Justice or take any other Governmental Antitrust Authority for additional information and documentary material. The parties hereto will not take any action with that will have would reasonably be expected to hinder or delay the effect of delaying, impairing expiration or impeding the termination of any waiting period under the HSR Act, without the consent of the Company, which consent shall not be unreasonably withheld. Notwithstanding anything contained in this Agreement to the contrary, including this Section 7.5, in no event shall any party be obligated to agree to any restriction or modification, or take any action or enter into any settlement or other agreement or binding arrangement to sell, hold, separate or otherwise dispose of any party’s assets, suggested or requested by any Governmental Authority in order to facilitate the receipt of any required approvals consents from such Governmental Authority in order to consummate the Transactions. Buyer shall be responsible for all filing fees under the HSR Act and under any such other Laws or regulations applicable to Buyer or the Company.
(b) The parties will consult and cooperate with one another, and consider in good faith the views of a Government Antitrust Authorityone another, in connection with, and provide to the other in advance (to the extent legally permissible), any analyses, presentations, memoranda, briefs, arguments, opinions and proposals made or submitted by or on behalf of any party hereto in connection with the review under the HSR Act. Without limiting the generality of the parties' undertakings pursuant to this Section 1.12foregoing, the parties shall use their agree, except as prohibited or restricted by applicable Law, to (i) give each other reasonable best efforts to prevent the entry in a judicial or administrative proceeding brought under any antitrust law by advance notice of all meetings with any Governmental Antitrust Authority or relating to the HSR Act and an opportunity to participate in each of such meetings, (ii) give each other reasonable advance notice of all substantive oral communications with any Governmental Authority relating to the HSR Act, (iii) if any Governmental Authority initiates a substantive oral communication relating to the HSR Act, promptly notify the other party of any permanent or preliminary injunction or other order that would make consummation of the SCO Transaction or the Merger in accordance with the terms of this Agreement unlawful under appropriate anti-trust laws or that would prevent or delay such consummation as a consequence substance of such laws. Each party hereto shall promptly inform the communication, and (iv) provide each other with a reasonable advance opportunity to review and comment upon all written communications with, and provide each other with copies of all written communications from, any material communication between such party and the Federal Trade Commission, the Department of Justice or any other Governmental Antitrust Authority regarding any of the transactions contemplated hereby. If any party or any Affiliate of such party receives a request for additional information or for documents or any material from any such Governmental Antitrust Authority with respect relating to the transactions contemplated hereby, then such party shall endeavor in good faith to make HSR Act. Any disclosures or cause to be made, as soon as reasonably practicable and after consultation with the other parties, an appropriate response in compliance with such request. Further, no written materials shall be submitted provision of copies by any one party to the Federal Trade Commissionother may be made on an outside counsel basis, the Department of Justice or any other Governmental Antitrust Authority in connection with HSR Act compliance or the merger control regulations of any other state or country, nor shall any oral communications be initiated with such governmental entities by any party, without prior disclosure to and coordination with the other parties and its counsel. Each party hereto will cooperate in connection with reaching any understandings, undertakings or agreements (oral or written) involving the Federal Trade Commission, the Department of Justice or any other Governmental Antitrust Authority in connection with the transactions contemplated herebyif appropriate.
Appears in 1 contract
HSR Filings. Caldera, SCO CIBER and Newco Seller will as promptly as practicable prepare and file the applicable notices and forms (if any) required to be filed by them under the HSR Xxxx-Xxxxx-Xxxxxx Act or comparable laws of non-U.S. governmental entities, and comply promptly with any appropriate requests from the Federal Trade Commission, the United States Department of Justice or any other Governmental Antitrust Authority Entity for additional information and documentary material. The parties hereto will not take any action that will have the effect of delaying, impairing or impeding the termination of any waiting period or the receipt of any required approvals of a Government Antitrust AuthorityEntity. Without limiting the generality of the parties' undertakings pursuant to this Section 1.122.9, the parties shall use their reasonable best efforts to prevent the entry in a judicial or administrative proceeding brought under any antitrust law by any Governmental Antitrust Authority Entity or any other party of any permanent or preliminary injunction or other order that would make consummation of the SCO Transaction or the Merger in accordance with the terms of this Agreement transaction contemplated hereby unlawful under appropriate anti-trust laws or that would prevent or delay such consummation as a consequence of such laws. Each party hereto shall promptly inform the other of any material communication between such party and the Federal Trade Commission, the Department of Justice or any other Governmental Antitrust Authority Entity regarding any of the transactions contemplated hereby. If any party or any Affiliate affiliate of such party receives a request for additional information or for documents or any material from any such Governmental Antitrust Authority Entity with respect to the transactions contemplated hereby, then such party shall endeavor in good faith to make or cause to be made, as soon as reasonably practicable and after consultation with the other parties, an appropriate response in compliance with such request. Further, no written materials shall be submitted by any party to the Federal Trade Commission, the Department of Justice or any other Governmental Antitrust Authority in connection with HSR Xxxx-Xxxxx-Xxxxxx Act compliance or the merger control regulations of any other state or country, nor shall any oral communications be initiated with such governmental entities by any party, without prior disclosure to and coordination with the other parties and its counsel. Each party hereto will cooperate in connection with reaching any understandings, undertakings or agreements (oral or written) involving the Federal Trade Commission, the Department of Justice or any other Governmental Antitrust Authority Entity in connection with the transactions contemplated hereby. The filing fee associated with the filings hereunder shall be borne by CIBER.
Appears in 1 contract
Samples: Asset Purchase Agreement (Ciber Inc)
HSR Filings. CalderaIf compliance with the HSR Act is required in connection with the transactions contemplated by this Agreement, SCO and Newco will as promptly as practicable prepare and in any event not later than three (3) Business Days after the Signing Date, each Party shall file with the Federal Trade Commission and the Department of Justice, as applicable, the required notification and report forms and shall as promptly as practicable furnish any supplemental information that may be requested in connection therewith. Each Party shall request, and take all reasonable steps to achieve, early termination of applicable notices and forms (if any) required to be filed by them waiting periods. Purchaser shall bear all filing fees under the HSR Act and each Party shall bear its own costs for the preparation of any such filing and its other costs associated with compliance with the HSR Act. The Parties shall have the right to review in advance all characterizations of the information relating to this Agreement and the transactions contemplated hereby that appear in any filing made with a Governmental Authority as contemplated herein. Purchaser and Seller agree to respond promptly to any inquiries from Governmental Authorities, including the Department of Justice or comparable laws of non-U.S. governmental entities, and comply promptly with any appropriate requests from the Federal Trade Commission, concerning such filings and to comply in all material respects with the United States filing requirements of the HSR Act or other applicable Law. Purchaser and Seller shall cooperate with each other and, subject to the terms of the Confidentiality Agreement, shall promptly furnish all information to the other Party that is necessary in connection with Purchaser’s and Seller’s compliance with the HSR Act or other applicable Law. Purchaser and Seller shall keep each other fully apprised with respect to any requests from or communications with Governmental Authorities, including the Department of Justice or the Federal Trade Commission, concerning such filings and shall consult with each other with respect to all responses thereto. Each of Seller and Purchaser shall use its Commercially Reasonable Efforts to take all actions reasonably necessary and appropriate in connection with any HSR Act or other applicable Law filing to consummate the transactions contemplated hereby. Purchaser shall take, or cause to be taken, any and all actions, including the disposition of assets, required by any Governmental Antitrust Authority to be taken by Purchaser or its Affiliates as a condition to the granting of any consent necessary for additional information and documentary material. The parties hereto will not take the consummation of the transactions contemplated hereby or as may be required to avoid, lift, vacate or reverse any legislative, administrative or judicial action that will would otherwise reasonably be expected to materially impair or delay the consummation of the transactions contemplated by this Agreement unless such action involves the disposition of assets which have the effect a fair market value in excess of delaying, impairing or impeding the termination of any waiting period or the receipt of any required approvals of a Government Antitrust AuthorityTwenty Million Dollars ($20,000,000). Without limiting the generality of the parties' undertakings pursuant foregoing, such actions taken by Purchaser or its Affiliates may include, but are not limited to: (i) divesting, selling or otherwise disposing of, or holding separate and agreeing to this Section 1.12sell or otherwise dispose of, the parties shall use their reasonable best efforts to prevent the entry any entities, assets or facilities of Purchaser or its Affiliates, (ii) terminating, amending or assigning such existing relationships and contractual rights and obligations of Purchaser or its Affiliates, and (iii) amending, assigning or terminating such existing agreements of Purchaser or its Affiliates and entering into such new agreements (and, in a judicial or administrative proceeding brought under any antitrust law by any Governmental Antitrust Authority or any other party of any permanent or preliminary injunction or other order that would make consummation of the SCO Transaction or the Merger in accordance each case, entering into agreements with the terms of this Agreement unlawful under appropriate anti-trust laws or that would prevent or delay such consummation as a consequence of such laws. Each party hereto shall promptly inform the other of any material communication between such party and the Federal Trade Commission, the Department of Justice or any other relevant Governmental Antitrust Authority regarding any of the transactions contemplated hereby. If any party or any Affiliate of such party receives a request for additional information or for documents or any material from any such Governmental Antitrust Authority giving effect thereto) in each case with respect to the transactions contemplated herebyforegoing clauses (i), then (ii) or (iii) if such party action is necessary or advisable or as may be required by any Governmental Authority, provided that any such action shall endeavor in good faith to make or cause not be required to be made, as soon as reasonably practicable and after consultation with the other parties, an appropriate response in compliance with such request. Further, no written materials shall be submitted by any party effective prior to the Federal Trade Commission, the Department of Justice or any other Governmental Antitrust Authority in connection with HSR Act compliance or the merger control regulations of any other state or country, nor shall any oral communications be initiated with such governmental entities by any party, without prior disclosure to and coordination with the other parties and its counsel. Each party hereto will cooperate in connection with reaching any understandings, undertakings or agreements (oral or written) involving the Federal Trade Commission, the Department of Justice or any other Governmental Antitrust Authority in connection with the transactions contemplated herebyClosing.
Appears in 1 contract
Samples: Purchase and Sale Agreement (Eagle Rock Energy Partners L P)
HSR Filings. Caldera, SCO and Newco will as As promptly as practicable prepare after the execution of this Agreement, each of Seller and file the applicable notices and forms Purchaser shall make (if any) required to be filed by them or shall cause its respective "ultimate parent entities" as defined under the HSR Act or comparable laws of non-U.S. to make) any and all required governmental entitiesfilings required under the HSR Act ("HSR Filings"), and comply promptly with any appropriate requests from the Federal Trade Commission, the United States Department of Justice or any other Governmental Antitrust Authority for additional information and documentary material. The parties hereto will not take any action that will have the effect of delaying, impairing or impeding the termination of any waiting period or the receipt of any required approvals of a Government Antitrust Authority. Without limiting the generality of the parties' undertakings pursuant to this Section 1.12, the parties shall use their reasonable best efforts to prevent the entry in a judicial or administrative proceeding brought under any antitrust law by any Governmental Antitrust Authority or any other party of any permanent or preliminary injunction or other order that would make consummation of the SCO Transaction or the Merger in accordance with the terms of this Agreement unlawful under appropriate anti-trust laws or that would prevent or delay such consummation as a consequence of such laws. Each party hereto shall promptly inform the other of any material communication between such party and the Federal Trade Commission, the Department of Justice or any other Governmental Antitrust Authority regarding any of the transactions contemplated hereby. If any party or any Affiliate of such party receives a request for additional information or for documents or any material from any such Governmental Antitrust Authority with respect to the transactions contemplated herebyunder this Agreement and the Ancillary Agreements, then such party and shall endeavor in good faith use its respective best efforts to make respond promptly to all inquiries or cause to be made, as soon as reasonably practicable and after consultation with the other parties, an appropriate response in compliance with such request. Further, no written materials shall be submitted by any party to the Federal Trade Commission, requests for additional information or documentation from the Department of Justice ("DOJ"), the Federal Trade commission ("FTC") or any other Governmental Antitrust Authority in connection with HSR Act compliance or the merger control regulations of any other state or countryEntity, nor shall any oral communications be initiated with such governmental entities by any party, without prior disclosure to and coordination with the other parties and its counselas applicable. Each party hereto will cooperate in connection with reaching any understandingsof Seller and Purchaser shall use its respective best efforts to resolve such objections, undertakings or agreements (oral or written) involving the Federal Trade Commissionif any, the Department of Justice as DOJ, FTC or any other Governmental Antitrust Authority Entity, as applicable, may assert under applicable antitrust laws with respect to the Transaction; provided, however, that (i) neither Seller nor Purchaser shall be required hereunder to divest itself of any assets, properties or businesses and (ii) neither Seller nor Purchaser shall be required to consent to any modification or amendment of this Agreement. In the event an action is instituted by DOJ, FTC or any other Governmental Entity challenging the Transaction as violative of applicable antitrust laws or an investigation is commenced, each of Purchaser and Seller will use its respective best efforts to resolve such action or investigation. Each of Seller and Purchaser, as applicable, will notify the other of all correspondence, filings or communications between such party and its representatives, on the one hand, and DOJ and/or FTC, or any other Governmental Entity, on the other hand, with respect to this Agreement, the Ancillary Agreements and the transactions contemplated herein and therein. Each of Seller and Purchaser, as applicable, will furnish the other party with such necessary information and reasonable assistance as such other party may request in connection with the transactions contemplated herebypreparation of the HSR Filings. Each of Purchaser and Seller shall, from time to time and on a reasonably timely basis, advise the other, or its designated representatives, in reasonable detail of the status and progress of Purchaser's or Seller's, as applicable, HSR Filings.
Appears in 1 contract
Samples: Asset Purchase Agreement (Cidco Inc)
HSR Filings. Caldera, SCO and Newco will as promptly as practicable prepare and file Each of the applicable notices and forms (if any) parties represents that it has made such filings required to be filed by them of such party under the HSR Act or comparable laws of non-U.S. governmental entities, and comply promptly with any appropriate requests from the Federal Trade Commission, the United States Department of Justice or any other Governmental Antitrust Authority for additional information and documentary material. The parties hereto will not take any action that will have the effect of delaying, impairing or impeding the termination of any waiting period or the receipt of any required approvals of a Government Antitrust Authority. Without limiting the generality of the parties' undertakings pursuant to this Section 1.12, the parties shall use their reasonable best efforts to prevent the entry in a judicial or administrative proceeding brought under any antitrust law by any Governmental Antitrust Authority or any other party of any permanent or preliminary injunction or other order that would make consummation of the SCO Transaction or the Merger in accordance with the terms of this Agreement unlawful under appropriate anti-trust laws or that would prevent or delay such consummation as a consequence of such laws. Each party hereto shall promptly inform the other of any material communication between such party and the Federal Trade Commission, the Department of Justice or any other Governmental Antitrust Authority regarding any of the transactions contemplated hereby. If any party or any Affiliate of such party receives a request for additional information or for documents or any material from any such Governmental Antitrust Authority with respect to the transactions contemplated herebyby this Agreement prior to the Agreement Date. Each of the parties covenants to (a) comply, then at the earliest practicable date, with any request under the HSR Act for additional information, documents or other materials received by such party shall endeavor in good faith to make or cause to be made, as soon as reasonably practicable and after consultation with the other parties, an appropriate response in compliance with such request. Further, no written materials shall be submitted by any party to from the Federal Trade Commission, Commission (“FTC”) or the Department of Justice (“DOJ”) or any other Governmental Antitrust Authority Entity in respect of such filings or the transactions contemplated by this Agreement; (b) cooperate with the other † Represents material which has been redacted and filed separately with the Securities and Exchange Commission pursuant to a request for confidential treatment pursuant to Rule 24b-2 under the Securities Exchange Act of 1934, as amended. party in connection with any filings, conferences or other submissions related to resolving any investigation or other inquiry by any such Governmental Entity under the HSR Act compliance or with respect to the merger control regulations transactions contemplated by this Agreement, including furnishing to the other party any information that the other party may reasonably request; (c) keep the other party apprised of the status of any inquiries made by a Governmental Entity; and (d) use commercially reasonable efforts to cause the waiting periods under the HSR Act to terminate or expire at the earliest possible date after the date of the HSR filing; provided however, that nothing in this Section shall require Buyer to (i) incur any material Liability or obligation of any kind, (ii) agree to any sale, transfer, license, separate holding, divestiture or other state disposition of, or countryto any prohibition of, nor or to any limitation on, the acquisition, ownership, operation, effective control or exercise of full right of ownership of any asset or assets of the businesses of Buyer or Seller, (iii) agree to any other structural or conduct remedy or (iv) agree to litigate. Buyer and its counsel shall be responsible for discussions with the FTC, DOJ and any oral communications be initiated with such governmental entities by any partyother antitrust authorities, without prior disclosure to after reasonable consultation and coordination with the other parties Seller and its counsel. Each party hereto will cooperate in connection with reaching any understandings, undertakings or agreements (oral or written) involving the Federal Trade Commission, the Department of Justice or any other Governmental Antitrust Authority Any and all fees required in connection with the transactions contemplated herebyfiling of the notices required under the HSR Act shall be borne solely by Buyer.
Appears in 1 contract
Samples: Asset Purchase Agreement (Biovail Corp International)
HSR Filings. CalderaSubject to Purchaser’s covenants contained in Section 7.01, SCO and Newco Purchaser will as (a) take promptly as all actions necessary to make the filings required of Purchaser or its Affiliates under the HSR Act, (b) seek early termination of the waiting period under the HSR Act, (c) comply at the earliest practicable prepare and file date with any requests for additional information received by Purchaser or its Affiliates from the applicable notices and forms FTC or the DOJ pursuant to the HSR Act, (if anyd) required to be filed by them cooperate with Seller in connection with Seller’s filing under the HSR Act and (e) take all commercially reasonable steps necessary to (i) cause the expiration or comparable laws termination of non-U.S. governmental entitiesthe waiting period under the HSR Act and (ii) resolve any investigation, and comply promptly with any appropriate requests from inquiry or litigation concerning the transactions contemplated by this Agreement commenced by either the Federal Trade Commission, Commission or the United States Antitrust Division of the Department of Justice Justice, state attorneys general or any other Governmental Antitrust Authority for additional person or entity, including but not limited to providing supplemental information to the FTC, the DOJ or any state attorney general with respect to antitrust issues raised by these antitrust authorities and documentary material. The parties hereto will not take making any action that will have voluntary presentation to the effect of delayingFTC, impairing DOJ or impeding the termination of any waiting period or the receipt of state attorney general in order to resolve any required approvals of a Government Antitrust Authorityantitrust issue raised by these authorities. Without limiting the generality foregoing, each party will cooperate with the other parties in connection with any filings required under the HSR Act and overcoming any objections, including (x) furnishing to other parties, upon request, such information as shall reasonably be required in connection with the preparation of the parties' undertakings pursuant to this Section 1.12’ filings under the HSR Act, the parties shall use their reasonable best efforts to prevent the entry in a judicial or administrative proceeding brought under any antitrust law by any Governmental Antitrust Authority or any other party of any permanent or preliminary injunction or other order that would make consummation of the SCO Transaction or the Merger in accordance with the terms of this Agreement unlawful under appropriate anti-trust laws or that would prevent or delay such consummation as a consequence of such laws. Each party hereto shall promptly inform the other of any material communication between such party and the Federal Trade Commission, the Department of Justice or any other Governmental Antitrust Authority regarding any of the transactions contemplated hereby. If any party or any Affiliate of such party receives a request for additional information or for documents or any material from any such Governmental Antitrust Authority (y) with respect to the transactions contemplated herebyby the Agreement, then such party shall endeavor coordinating responses and establishing reasonable schedules and deadlines in good faith to make connection with resolving any investigation, other inquiry, or cause to be made, as soon as reasonably practicable and after consultation with legal proceedings commenced by the other parties, an appropriate response in compliance with such request. Further, no written materials shall be submitted by any party to the Federal Trade CommissionFTC, the Department of Justice DOJ, any state attorney general or any other Governmental Antitrust Authority in connection with HSR Act compliance person or the merger control regulations of any other state or country, nor shall any oral communications be initiated with such governmental entities by any party, without prior disclosure to entity and coordination with (z) providing the other parties and its counselwith any communication received by any governmental entity with respect to the foregoing. Each party hereto will cooperate in connection with reaching any understandings, undertakings or agreements (oral or written) involving Purchaser shall bear all filing fees required by the Federal Trade Commission, the Department of Justice or any other Governmental Antitrust Authority in connection with the transactions contemplated herebyHSR Act.
Appears in 1 contract
HSR Filings. Caldera, SCO and Newco will as promptly as practicable prepare and file the applicable notices and forms (if any) required to be filed by them under If compliance with the HSR Act or comparable laws of non-U.S. governmental entities, and comply promptly with any appropriate requests from the Federal Trade Commission, the United States Department of Justice or any other Governmental Antitrust Authority for additional information and documentary material. The parties hereto will not take any action that will have the effect of delaying, impairing or impeding the termination of any waiting period or the receipt of any is required approvals of a Government Antitrust Authority. Without limiting the generality of the parties' undertakings pursuant to this Section 1.12, the parties shall use their reasonable best efforts to prevent the entry in a judicial or administrative proceeding brought under any antitrust law by any Governmental Antitrust Authority or any other party of any permanent or preliminary injunction or other order that would make consummation of the SCO Transaction or the Merger in accordance with the terms of this Agreement unlawful under appropriate anti-trust laws or that would prevent or delay such consummation as a consequence of such laws. Each party hereto shall promptly inform the other of any material communication between such party and the Federal Trade Commission, the Department of Justice or any other Governmental Antitrust Authority regarding any of the transactions contemplated hereby. If any party or any Affiliate of such party receives a request for additional information or for documents or any material from any such Governmental Antitrust Authority with respect to the transactions contemplated hereby, then such party shall endeavor in good faith to make or cause to be made, as soon as reasonably practicable and after consultation with the other parties, an appropriate response in compliance with such request. Further, no written materials shall be submitted by any party to the Federal Trade Commission, the Department of Justice or any other Governmental Antitrust Authority in connection with HSR Act compliance or the merger control regulations of any other state or country, nor shall any oral communications be initiated with such governmental entities by any party, without prior disclosure to and coordination with the other parties and its counsel. Each party hereto will cooperate in connection with reaching any understandings, undertakings or agreements (oral or written) involving the Federal Trade Commission, the Department of Justice or any other Governmental Antitrust Authority in connection with the transactions contemplated by this Agreement, as promptly as practicable and in any event not later than fifteen (15) Business Days after the Signing Date, each Party shall file with the Federal Trade Commission and the Department of Justice, as applicable, the required notification and report forms and shall as promptly as practicable furnish any supplemental information that may be requested in connection therewith. Each Party shall request, and take all reasonable steps to achieve, early termination of applicable waiting periods. Purchaser shall bear all filing fees under the HSR Act and each Party shall bear its own costs for the preparation of any such filing and its other costs associated with compliance with the HSR Act. The Parties shall have the right to review in advance all characterizations of the information relating to this Agreement and the transactions contemplated hereby that appear in any filing made with a Governmental Authority as contemplated herein. Purchaser and Seller agree to respond promptly to any inquiries from Governmental Authorities, including the Department of Justice or the Federal Trade Commission, concerning such filings and to comply in all material respects with the filing requirements of the HSR Act or other applicable Law. Purchaser and Seller shall cooperate with each other and, subject to the terms of the Confidentiality Agreement, shall promptly furnish all information to the other Party that is necessary in connection with Purchaser’s and Seller’s compliance with the HSR Act or other applicable Law. Purchaser and Seller shall keep each other fully apprised with respect to any requests from or communications with Governmental Authorities, including the Department of Justice or the Federal Trade Commission, concerning such filings and shall consult with each other with respect to all responses thereto. Each of Seller and Purchaser shall use its Commercially Reasonable Efforts to take all actions reasonably necessary and appropriate in connection with any HSR Act or other applicable Law filing to consummate the transactions contemplated hereby.
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HSR Filings. CalderaSeller, SCO Purchaser and Newco will Parent shall make (or shall cause its respective "ultimate parent entities" as promptly as practicable prepare and file the applicable notices and forms (if any) required to be filed by them defined under the HSR Act or comparable laws to make) and shall cause the JDA Subs and the Intactix Subs to make any and all required governmental filings including filings required under the HSR Act ("HSR Filings") and similar legislation in the countries of non-U.S. governmental entities, and comply promptly with any appropriate requests from the Federal Trade Commission, the United States Department domicile of Justice or any other Governmental Antitrust Authority for additional information and documentary material. The parties hereto will not take any action that will have the effect of delaying, impairing or impeding the termination of any waiting period or the receipt of any required approvals of a Government Antitrust Authority. Without limiting the generality each of the parties' undertakings pursuant to this Section 1.12, the parties shall use their reasonable best efforts to prevent the entry in a judicial or administrative proceeding brought under any antitrust law by any Governmental Antitrust Authority or any other party of any permanent or preliminary injunction or other order that would make consummation of the SCO Transaction or the Merger in accordance with the terms of this Agreement unlawful under appropriate anti-trust laws or that would prevent or delay such consummation as a consequence of such laws. Each party hereto shall promptly inform the other of any material communication between such party and the Federal Trade Commission, the Department of Justice or any other Governmental Antitrust Authority regarding any of the transactions contemplated hereby. If any party or any Affiliate of such party receives a request for additional information or for documents or any material from any such Governmental Antitrust Authority Intactix Subs with respect to the transactions contemplated hereby, then such party shall endeavor in good faith to make or cause to be made, as soon as reasonably practicable this Agreement and after consultation with 34 35 the other partiesTransaction Agreements. Neither Parent, an appropriate response in compliance with such request. Further, no written materials Seller nor Purchaser shall be submitted by obligated to respond to any party to the Federal Trade Commission, requests for additional information or documentation from the Department of Justice ("DOJ"), the Federal Trade Commission ("FTC") or any other Governmental Antitrust Authority in connection with HSR Act compliance or the merger control regulations Entity, as applicable. Neither Seller, Purchaser nor Parent shall be required hereunder to divest itself of any other state assets, properties or countrybusinesses, and neither Seller, Purchaser nor Parent shall be required to consent to any oral communications be initiated with such governmental entities modification or amendment of this Agreement if requested by any partyDOJ, without prior disclosure to and coordination with the other parties and its counsel. Each party hereto will cooperate in connection with reaching any understandings, undertakings or agreements (oral or written) involving the Federal Trade Commission, the Department of Justice FTC or any other Governmental Antitrust Authority Entity, as applicable. In the event an action is instituted by DOJ, FTC or any other Governmental Entity, as applicable, challenging the Acquisition as violative of applicable antitrust laws or an investigation is commenced, neither Seller, Purchaser nor Parent shall be obligated to resist or resolve such action or investigation. Seller and Parent will notify Purchaser and Purchaser will notify Parent and Seller of all correspondence, filings or communications between such party and its representatives, on the one hand, and DOJ, FTC or any other Governmental Entity, as applicable, on the other hand, with respect to the Transaction Agreements and the transactions contemplated herein and therein. Seller and Parent will furnish and will cause each Intactix Sub to furnish Purchaser, and Purchaser will furnish and will cause each JDA Sub to furnish Parent and Seller with such necessary information and reasonable assistance as such other parties may request in connection with the transactions contemplated herebypreparation of the HSR Filings and similar filings required in the jurisdictions of domicile of each Intactix Sub ("Foreign Antitrust Filings") to the extent required. Seller, Parent and Purchaser shall, from time to time and on a reasonably timely basis, advise the other, of its designated representatives, in reasonable detail of the status and progress of Purchaser's or Sellers', as applicable, HSR Filings and Foreign Antitrust Filings.
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