HSR Notification. As soon as practicable after the execution of this ---------------- Agreement, but in any event no later than 30 days after such execution, Seller and Buyer will each complete and file, or cause to be completed and filed, any notification and report required to be filed under the Xxxx-Xxxxx-Xxxxxx Antitrust Improvements Act of 1976, as amended (the "HSR Act"); and each such filing will request early termination of the waiting period imposed by the HSR Act. The parties will use their reasonable best efforts to respond as promptly as reasonably practicable to any inquiries received from the Federal Trade Commission (the "FTC") and the Antitrust Division of the Department of Justice (the "Antitrust Division") for additional information or documentation and to respond as promptly as reasonably practicable to all inquiries and requests received from any other Governmental Authority in connection with antitrust matters. The parties will use their respective reasonable best efforts to overcome any objections which may be raised by the FTC, the Antitrust Division or any other Governmental Authority having jurisdiction over antitrust matters. Notwithstanding the foregoing, Buyer will not be required to make any significant change in the operations or activities of the business (or any material assets employed therein) of Buyer or any of its Affiliates, if Buyer determines in good faith that such change would be materially adverse to the operations or activities of the business (or any material assets employed therein) of Buyer or any of its Affiliates having significant assets, net worth, or revenue. Notwithstanding anything to the contrary in this Agreement, if Buyer or Seller, in its sole opinion, considers a request from a governmental agency for additional data and information in connection with the HSR Act to be unduly burdensome, such party may terminate this Agreement by giving written notice to the other. Within 10 days after receipt of a statement therefor, Seller will reimburse Buyer for one-half of the filing fees payable by Buyer in connection with Buyer's filing under the HSR Act.
Appears in 7 contracts
Samples: Asset Purchase Agreement (Jones Cable Income Fund 1-B LTD), Asset Purchase Agreement (Jones Cable Income Fund 1-C LTD), Asset Purchase Agreement (Jones Cable Income Fund 1-a LTD)
HSR Notification. As soon as practicable after the execution of ---------------- this ---------------- Agreement, but in any event no later than 30 days after such execution, Seller and Buyer will each complete and file, or cause to be completed and filed, any notification and report required to be filed under the Xxxx-Xxxxx-Xxxxx- Xxxxxx Antitrust Improvements Act of 1976, as amended (the "HSR Act"); and each such filing will request early termination of the waiting period imposed by the HSR Act. The parties will use their reasonable best efforts to respond as promptly as reasonably practicable to any inquiries received from the Federal Trade Commission (the "FTC") and the Antitrust Division of the Department of Justice (the "Antitrust Division") for additional information or documentation and to respond as promptly as reasonably practicable to all inquiries and requests received from any other Governmental Authority in connection with antitrust matters. The parties will use their respective reasonable best efforts to overcome any objections which may be raised by the FTC, the Antitrust Division or any other Governmental Authority having jurisdiction over antitrust matters. Notwithstanding the foregoing, Buyer will not be required to make any significant change in the operations or activities of the business (or any material assets employed therein) of Buyer or any of its Affiliates, if Buyer determines in good faith that such change would be materially adverse to the operations or activities of the business (or any material assets employed therein) of Buyer or any of its Affiliates having significant assets, net worth, or revenue. Notwithstanding anything to the contrary in this Agreement, if Buyer or Seller, in its sole opinion, considers a request from a governmental agency for additional data and information in connection with the HSR Act to be unduly burdensome, such party may terminate this Agreement by giving written notice to the other. Within 10 days after receipt of a statement therefor, Seller will reimburse Buyer for one-half of the filing fees payable by Buyer in connection with Buyer's filing under the HSR Act.
Appears in 4 contracts
Samples: Asset Purchase Agreement (Cable Tv Fund 15-a LTD), Asset Purchase Agreement (Jones Growth Partners L P), Asset Purchase Agreement (Cable Tv Fund 14-a LTD)
HSR Notification. As To the extent applicable, as soon as practicable after the execution of this ---------------- Agreement, but in any event no later than 30 45 days after such execution, Seller and Buyer will each complete and file, or cause to be completed and filed, any notification and report required to be filed under the Xxxx-Xxxxx-Xxxxxx Antitrust Improvements Act of 1976, as amended (the "HSR Act"); and each such filing will shall request early termination of the waiting period imposed by the HSR Act. The parties will shall use their reasonable best efforts to respond as promptly as reasonably practicable to any inquiries received from the Federal Trade Commission (the "FTC") and the Antitrust Division of the Department of Justice (the "Antitrust Division") for additional information or documentation and to respond as promptly as reasonably practicable to all inquiries and requests received from any other Governmental Authority in connection with antitrust matters. The parties will Seller and Buyer shall use their respective reasonable best efforts to overcome any objections which may be raised by the FTC, the Antitrust Division or any other Governmental Authority having jurisdiction over antitrust matters. Notwithstanding the foregoing, Buyer will shall not be required to make any significant change in the operations or activities of the business (or any material assets employed therein) of Buyer or any of its Affiliates, if Buyer determines in good faith that such change would be materially adverse to the operations or activities of the business (or any material assets employed therein) of Buyer or any of its Affiliates having significant assets, net worth, or revenue. Notwithstanding anything to the contrary in this Agreement, if Buyer or SellerBuyer, in its sole opinion, considers a request from a governmental agency for additional data and information in connection with the HSR Act to be unduly burdensome, such party Buyer may terminate this Agreement by giving written notice to the otherAgreement. Within 10 days after receipt of a statement therefor, Seller will reimburse Buyer for one-half of the filing fees payable by Buyer in connection with Buyer's filing under the HSR Act.
Appears in 2 contracts
Samples: Asset Purchase Agreement (General Communication Inc), Asset Purchase Agreement (General Communication Inc)
HSR Notification. As soon as practicable after the ---------------- execution of this ---------------- Agreement, but in any event no later than 30 days after such execution, Seller and Buyer will each complete and file, or cause to be completed and filed, any notification and report required to be filed under the Xxxx-Xxxxx-Xxxxxx Antitrust Improvements Act of 1976, as amended (the "HSR Act"); and each such filing will request early termination of the waiting period imposed by the HSR Act. The parties will use their reasonable best efforts to respond as promptly as reasonably practicable to any inquiries received from the Federal Trade Commission (the "FTC") and the Antitrust Division of the Department of Justice (the "Antitrust Division") for additional information or documentation and to respond as promptly as reasonably practicable to all inquiries and requests received from any other Governmental Authority in connection with antitrust matters. The parties will use their respective reasonable best efforts to overcome any objections which may be raised by the FTC, the Antitrust Division or any other Governmental Authority having jurisdiction over antitrust matters. Notwithstanding the foregoing, Buyer will not be required to make any significant change in the operations or activities of the business (or any material assets employed therein) of Buyer or any of its Affiliates, if Buyer determines in good faith that such change would be materially adverse to the operations or activities of the business (or any material assets employed therein) of Buyer or any of its Affiliates having significant assets, net worth, or revenue. Notwithstanding anything to the contrary in this Agreement, if Buyer or Seller, in its sole opinion, considers a request from a governmental agency for additional data and information in connection with the HSR Act to be unduly burdensome, such party may terminate this Agreement by giving written notice to the other. Within 10 days after receipt of a statement therefor, Seller will reimburse Buyer for one-half of the filing fees payable by Buyer in connection with Buyer's filing under the HSR Act.
Appears in 2 contracts
Samples: Asset Purchase Agreement (Ids Jones Growth Partners 89-B LTD), Asset Purchase Agreement (Jones Cable Income Fund 1-a LTD)
HSR Notification. As soon as practicable after the execution of this ---------------- ----------------- Agreement, but in any event no later than 30 days after such execution, Seller and Buyer will each complete and file, or cause to be completed and filed, any notification and report required to be filed under the Xxxx-Xxxxx-Xxxxxx Antitrust Improvements Act of 1976, as amended (the "HSR Act"); and each such filing will request early termination of the waiting period imposed by the HSR Act. The parties will use their reasonable best efforts to respond as promptly as reasonably practicable to any inquiries received from the Federal Trade Commission (the "FTC") and the Antitrust Division of the Department of Justice (the "Antitrust Division") for additional information or documentation and to respond as promptly as reasonably practicable to all inquiries and requests received from any other Governmental Authority in connection with antitrust matters. The parties will use their respective reasonable best efforts to overcome any objections which may be raised by the FTC, the Antitrust Division or any other Governmental Authority having jurisdiction over antitrust matters. Notwithstanding the foregoing, Buyer will not be required to make any significant change in the operations or activities of the business (or any material assets employed therein) of Buyer or any of its Affiliates, if Buyer determines in good faith that such change would be materially adverse to the operations or activities of the business (or any material assets employed therein) of Buyer or any of its Affiliates having significant assets, net worth, or revenue. Notwithstanding anything to the contrary in this Agreement, if Buyer or Seller, in its sole opinion, considers a request from a governmental agency for additional data and information in connection with the HSR Act to be unduly burdensome, such party may terminate this Agreement by giving written notice to the other. Within 10 days after receipt of a statement therefor, Seller will reimburse Buyer for one-half of the filing fees payable by Buyer in connection with Buyer's filing under the HSR Act.
Appears in 1 contract
HSR Notification. As If applicable, as soon as practicable after the execution of this ---------------- Agreement, but in any event no later than 30 days after such execution, Seller and Buyer will each complete and file, or cause to be completed and filed, any notification and report required to be filed under the XxxxHart-XxxxxScott-Xxxxxx Rodino Antitrust Improvements Act of 1976, as amended (the thx "HSR ActXXX Xxx"); and xxx each such filing will shall request early termination of the waiting period imposed by the HSR Act. The parties will shall use their reasonable best efforts to respond as promptly as reasonably practicable to any inquiries received from the Federal Trade Commission (the "FTC") and the Antitrust Division of the Department of Justice (the "Antitrust Division") for additional information or documentation and to respond as promptly as reasonably practicable to all inquiries and requests received from any other Governmental Authority in connection with antitrust matters. The parties will shall use their respective reasonable best efforts to overcome any objections which may be raised by the FTC, the Antitrust Division or any other Governmental Authority having jurisdiction over antitrust matters. Notwithstanding the foregoing, Buyer will shall not be required to make any significant change in the operations or activities of the business (or any material assets employed therein) of Buyer or any of its Affiliates, if Buyer determines in good faith that such change would be materially adverse to the operations or activities of the business (or any material assets employed therein) of Buyer or any of its Affiliates having significant assets, net worth, or revenue. Notwithstanding anything to the contrary in this Agreement, if Buyer or SellerBuyer, in its sole opinion, considers a request from a governmental agency for additional data and information in connection with the HSR Act to be unduly burdensome, such party Buyer may terminate this Agreement by giving written notice to the otherAgreement. Within 10 days after receipt of a statement therefor, Seller will reimburse Buyer for one-half of the filing fees payable by Buyer in connection with Buyer's filing under the HSR Act.
Appears in 1 contract
Samples: Asset Purchase Agreement (Northland Cable Television Inc)
HSR Notification. As soon as practicable after the execution of this ---------------- Agreement, but in any event no later than 30 60 days after such executionthe date of this Agreement, Seller Insight and Buyer TCI will each complete and file, or cause to be completed and filed, any notification and report required to be filed under the Xxxx-Xxxxx-Xxxxxx Antitrust Improvements HSR Act of 1976, as amended (the "HSR Act"); and each such filing will shall request early termination of the waiting period imposed by the HSR Act. The parties will Insight and TCI shall use their commercially reasonable best efforts to respond as promptly as reasonably practicable to any inquiries received from the Federal Trade Commission (the "FTC") and the Antitrust Division of the Department of Justice (the "Antitrust Division") for additional information or documentation and to respond as promptly as reasonably practicable to all inquiries and requests received from any other Governmental Authority in connection with antitrust matters. The parties will Insight and TCI shall use their respective commercially reasonable best efforts to overcome any objections which may be raised by the FTC, the Antitrust Division or any other Governmental Authority having jurisdiction over antitrust matters. Notwithstanding the foregoing, Buyer will not neither Insight nor TCI shall be required to make any significant change in the operations or activities of the business (or any material assets employed therein) of Buyer such party or any of its Affiliates, if Buyer a party determines in good faith that such change would be materially adverse to the operations or activities of the business (or any material assets employed therein) of Buyer such party or any of its Affiliates having significant assets, net worth, worth or revenue. Each of Insight and TCI will coordinate with the other party with respect to its filings and will cooperate to prevent inconsistencies between their respective filings and will furnish to each other such necessary information and reasonable assistance as the other may reasonably request in connection with its preparation of necessary filings or submissions under the HSR Act. Notwithstanding anything to the contrary in this Agreement, Agreement if Buyer either Insight or Seller, TCI determines in its sole opinion, considers reasonable business judgment that a request from a governmental agency for additional data and information in connection with the HSR Act to be is unduly burdensome, such party it may terminate this Agreement by giving written notice to notifying the other. Within 10 other party within 30 days after receipt of a statement therefor, Seller will reimburse Buyer for one-half of following the filing fees payable by Buyer in connection with Buyer's filing under the HSR Actunduly burdensome request.
Appears in 1 contract
Samples: Asset Contribution Agreement (Insight Communications Co Inc)
HSR Notification. As soon as practicable after the execution of this ---------------- Agreement, but in any event no later than 30 40 days after such execution, Seller and Buyer will each complete and file, or cause to be completed and filed, any notification and report required to be filed under the XxxxHart-Xxxxx-Xxxxxx Antitrust Xxxxx- Xxdixx Xxxitrust Improvements Act of 1976, as amended (the "HSR Act"); and each such filing will shall request early termination of the waiting period imposed by the HSR Act. The parties will shall use their reasonable best efforts to respond as promptly as reasonably practicable to any inquiries received from the Federal Trade Commission (the "FTC") and the Antitrust Division of the Department of Justice (the "Antitrust Division") for additional information or documentation and to respond as promptly as reasonably practicable to all inquiries and requests received from any other Governmental Authority in connection with antitrust matters. The parties will shall use their respective reasonable best efforts to overcome any objections which may be raised by the FTC, the Antitrust Division or any other Governmental Authority having jurisdiction over antitrust matters. Notwithstanding the foregoing, Buyer will shall not be required to make any significant change in the operations or activities of the business (or any material assets employed therein) of Buyer or any of its Affiliates, if Buyer determines in good faith that such change would be materially adverse to the operations or activities of the business (or any material assets employed therein) of Buyer or any of its Affiliates having significant assets, net worth, or revenue. Notwithstanding anything to the contrary in this Agreement, if Buyer or SellerBuyer, in its sole opinion, considers a request from a governmental agency for additional data and information in connection with the HSR Act to be unduly burdensome, such party Buyer may terminate this Agreement by giving written notice to the otherAgreement. Within 10 days after receipt of a statement therefor, Seller will reimburse Buyer for one-half of the filing fees payable by Buyer in connection with Buyer's filing under the HSR Act.
Appears in 1 contract
Samples: Partnership Interest Purchase Agreement (Tele Communications International Inc)
HSR Notification. As soon as practicable after the execution of this ---------------- Agreement, but in any event no later ---------------- than 30 60 days after such executionthe date of this Agreement, Seller Insight and Buyer AT&T will each complete and file, or cause to be completed and filedfiled by such party's ultimate parent, any notification and report required to be filed under the Xxxx-Xxxxx-Xxxxxx Antitrust Improvements HSR Act of 1976, as amended (the "HSR Act"); and each such filing will shall request early termination of the waiting period imposed by the HSR Act. The parties will Insight and AT&T shall use their commercially reasonable best efforts to respond as promptly as reasonably practicable to any inquiries received from the Federal Trade Commission (the "FTC") and the Antitrust Division of the Department of Justice (the "Antitrust Division") for additional information or documentation and to respond as promptly as reasonably practicable to all inquiries and requests received from any other Governmental Authority in connection with antitrust matters. The parties will Insight and AT&T shall use their respective commercially reasonable best efforts to overcome any objections which may be raised by the FTC, the Antitrust Division or any other Governmental Authority having jurisdiction over antitrust matters. Notwithstanding the foregoing, Buyer will not neither Insight nor AT&T shall be required to make any significant change in the operations or activities of the business (or any material assets employed therein) of Buyer such party or any of its Affiliates, if Buyer a party determines in good faith that such change would be materially adverse to the operations or activities of the business (or any material assets employed therein) of Buyer such party or any of its Affiliates having significant assets, net worth, worth or revenue. Each of Insight and AT&T will coordinate with the other party with respect to its filings and will cooperate to prevent inconsistencies between their respective filings and will furnish to each other such necessary information and reasonable assistance as the other may reasonably request in connection with its preparation of necessary filings or submissions under the HSR Act. Notwithstanding anything to the contrary in this Agreement, Agreement if Buyer either Insight or Seller, AT&T determines in its sole opinion, considers reasonable business judgment that a request from a governmental agency for additional data and information in connection with the HSR Act to be is unduly burdensome, such party it may terminate this Agreement by giving written notice to notifying the other. Within 10 other party within 30 days after receipt of a statement therefor, Seller will reimburse Buyer for one-half of following the filing fees payable by Buyer in connection with Buyer's filing under the HSR Actunduly burdensome request.
Appears in 1 contract
Samples: Asset Contribution Agreement (Insight Communications Co Inc)
HSR Notification. As soon as practicable after the execution of this ---------------- Agreement, but in any event no later ---------------- than 30 60 days after such executionthe date of this Agreement, Seller Insight and Buyer AT&T Illinois will each complete and file, or cause to be completed and filedfiled by such party's ultimate parent, any notification and report required to be filed under the Xxxx-Xxxxx-Xxxxxx Antitrust Improvements HSR Act of 1976, as amended (the "HSR Act"); and each such filing will shall request early termination of the waiting period imposed by the HSR Act. The parties will shall use their commercially reasonable best efforts to respond as promptly as reasonably practicable to any inquiries received from the Federal Trade Commission (the "FTC") and the Antitrust Division of the Department of Justice (the "Antitrust Division") for additional information or documentation and to respond as promptly as reasonably practicable to all inquiries and requests received from any other Governmental Authority in connection with antitrust matters. The parties will shall use their respective commercially reasonable best efforts to overcome any objections which may be raised by the FTC, the Antitrust Division or any other Governmental Authority having jurisdiction over antitrust matters. Notwithstanding the foregoing, Buyer will not no party shall be required to make any significant change in the operations or activities of the business (or any material assets employed therein) of Buyer such party or any of its Affiliates, if Buyer a party determines in good faith that such change would be materially adverse to the operations or activities of the business (or any material assets employed therein) of Buyer such party or any of its Affiliates having significant assets, net worth, worth or revenue. Each of the parties will coordinate with the other party with respect to its filings and will cooperate to prevent inconsistencies between their respective filings and will furnish to each other such necessary information and reasonable assistance as the other may reasonably request in connection with its preparation of necessary filings or submissions under the HSR Act. Notwithstanding anything to the contrary in this Agreement, Agreement if Buyer or Seller, either party determines in its sole opinion, considers reasonable business judgment that a request from a governmental agency for additional data and information in connection with the HSR Act to be is unduly burdensome, such either party may terminate this Agreement by giving written notice to notifying the other. Within 10 other party within 30 days after receipt of a statement therefor, Seller will reimburse Buyer for one-half of following the filing fees payable by Buyer in connection with Buyer's filing under the HSR Actunduly burdensome request.
Appears in 1 contract
Samples: Asset Exchange Agreement (Insight Communications Co Inc)
HSR Notification. As If applicable, as soon as practicable after the execution of this ---------------- Agreement, but in any event no later than 30 45 days after such execution, Seller Company and Buyer will each complete and file, or cause to be completed and filed, any notification and report required to be filed under the XxxxHart-XxxxxScott-Xxxxxx Rodino Antitrust Improvements Act of 1976, as amended (the txx "HSR ActXXX Xxx"); and xnd each such filing will shall request early termination of the waiting period imposed by the HSR Act. The parties will shall use their reasonable best efforts to respond as promptly as reasonably practicable to any inquiries received from the Federal Trade Commission (the "FTC") and the Antitrust Division of the Department of Justice (the "Antitrust Division") for additional information or documentation and to respond as promptly as reasonably practicable to all inquiries and requests received from any other Governmental Authority in connection with antitrust matters. The parties will Company and Buyer shall use their respective reasonable best efforts to overcome any objections which may be raised by the FTC, the Antitrust Division or any other Governmental Authority having jurisdiction over antitrust matters. Notwithstanding the foregoing, Buyer will shall not be required to make any significant change in the operations or activities of the business (or any material assets employed therein) of Buyer or any of its Affiliates, if Buyer determines in good faith that such change would be materially adverse to the operations or activities of the business (or any material assets employed therein) of Buyer or any of its Affiliates having significant assets, net worth, or revenue. Notwithstanding anything to the contrary in this Agreement, if Buyer or SellerBuyer, in its sole opinion, considers a request from a governmental agency for additional data and information in connection with the HSR Act to be unduly burdensome, such party Buyer may terminate this Agreement by giving written notice to the otherAgreement. Within 10 days after receipt of a statement therefor, Seller Company will reimburse Buyer for one-half of the filing fees payable by Buyer in connection with Buyer's filing under the HSR Act.
Appears in 1 contract
Samples: Asset Purchase Agreement (General Communication Inc)
HSR Notification. As soon (a) The Company shall:
(i) take promptly all actions necessary to make the filings required of it or any of its Affiliates under any applicable Antitrust Laws in connection with the Transaction Documents and the transactions contemplated thereby;
(ii) if requested by Cirrus, comply at the earliest practicable date with any formal or informal request for additional information or documentary material received by it or any of its Affiliates from any Antitrust Authority; and
(iii) cooperate with Cirrus in connection with (A) any filing made by them or either of them under applicable Antitrust Laws and (B) resolving any investigation or other inquiry concerning the transactions contemplated by this Agreement initiated by any Antitrust Authority.
(b) The Company shall use commercially reasonable efforts to resolve such objections, if any, as practicable after may be asserted with respect to the execution transactions contemplated by this Agreement under any Antitrust Law. Without limiting the generality of the foregoing, "commercially reasonable efforts" as used in this ---------------- AgreementSection 6.5 shall include, but in any event if required:
(i) filing with the appropriate Antitrust Authorities no later than 30 days after such execution, Seller the fifth (5th) day following the date hereof a Notification and Buyer will each complete and file, or cause Report Form pursuant to be completed and filed, any notification and report required to be filed under the Xxxx-Xxxxx-Xxxxxx Antitrust Improvements Act of 1976, as amended (the "HSR Act"); and each such filing will request early termination requirements of the waiting period imposed HSR Act or any filings or notification required with respect to the transactions contemplated by the HSR Act. The parties will use their reasonable best efforts to respond as promptly as reasonably practicable to this Agreement;
(ii) if requested substantially complying with any inquiries received from the Federal Trade Commission (the "FTC") and the Antitrust Division of the Department of Justice (the "Antitrust Division") formal request for additional information or documentation material from an Antitrust Authority within sixty (60) days following the date of its receipt or such other date specified therein; and
(iii) cooperating with and to respond as not frustrating or impeding Cirrus's strategy or negotiating positions with any Antitrust Authority.
(c) The Company shall promptly as reasonably practicable to all inquiries and requests inform Cirrus of any material communication made to, or received from any other Governmental Authority in connection with antitrust matters. The parties will use their respective reasonable best efforts to overcome any objections which may be raised by the FTCCompany from, the any Antitrust Division Authority or any other Governmental Authority having jurisdiction over antitrust matters. Notwithstanding the foregoing, Buyer will not be required to make regarding any significant change in the operations or activities of the business (or any material assets employed therein) of Buyer or any of its Affiliates, if Buyer determines in good faith that such change would be materially adverse to transactions contemplated by the operations or activities of the business (or any material assets employed therein) of Buyer or any of its Affiliates having significant assets, net worth, or revenue. Notwithstanding anything to the contrary in this Agreement, if Buyer or Seller, in its sole opinion, considers a request from a governmental agency for additional data and information in connection with the HSR Act to be unduly burdensome, such party may terminate this Agreement by giving written notice to the other. Within 10 days after receipt of a statement therefor, Seller will reimburse Buyer for one-half of the filing fees payable by Buyer in connection with Buyer's filing under the HSR ActTransaction Documents.
Appears in 1 contract
Samples: Merger Agreement (Cirrus Logic Inc)
HSR Notification. As soon as practicable after the execution of this ---------------- Agreement, but in any event no later than 30 60 days after such executionthe date of this Agreement, Seller Insight and Buyer AT&T Broadband will each complete and file, or cause to be completed and filedfiled by such party’s ultimate parent, any notification and report required to be filed under the Xxxx-Xxxxx-Xxxxxx Antitrust Improvements HSR Act of 1976, as amended (the "HSR Act"); and each such filing will shall request early termination of the waiting period imposed by the HSR Act. The parties will shall use their commercially reasonable best efforts to respond as promptly as reasonably practicable to any inquiries received from the Federal Trade Commission (the "“FTC"”) and the Antitrust Division of the Department of Justice (the "“Antitrust Division"”) for additional information or documentation and to respond as promptly as reasonably practicable to all inquiries and requests received from any other Governmental Authority in connection with antitrust matters. The parties will shall use their respective commercially reasonable best efforts to overcome any objections which may be raised by the FTC, the Antitrust Division or any other Governmental Authority having jurisdiction over antitrust matters. Notwithstanding the foregoing, Buyer will not no party shall be required to make any significant change in the operations or activities of the business (or any material assets employed therein) of Buyer such party or any of its Affiliates, if Buyer a party determines in good faith that such change would be materially adverse to the operations or activities of the business (or any material assets employed therein) of Buyer such party or any of its Affiliates having significant assets, net worth, worth or revenue. Each of the parties will coordinate with the other party with respect to its filings and will cooperate to prevent inconsistencies between their respective filings and will furnish to each other such necessary information and reasonable assistance as the other may reasonably request in connection with its preparation of necessary filings or submissions under the HSR Act. Notwithstanding anything to the contrary in this Agreement, Agreement if Buyer or Seller, either party determines in its sole opinion, considers reasonable business judgment that a request from a governmental agency for additional data and information in connection with the HSR Act to be is unduly burdensome, such either party may terminate this Agreement by giving written notice to notifying the other. Within 10 other party within 30 days after receipt of a statement therefor, Seller will reimburse Buyer for one-half of following the filing fees payable by Buyer in connection with Buyer's filing under the HSR Actunduly burdensome request.
Appears in 1 contract
Samples: Asset Exchange Agreement (Insight Communications Co Inc)
HSR Notification. As soon as practicable after the execution of ---------------- this ---------------- Agreement, but in any event no later than 30 days after such execution, Seller and Buyer will each complete and file, or cause to be completed and filed, any notification and report required to be filed under the Xxxx-Xxxxx-Xxxxxx Antitrust Improvements Act of 1976, as amended (the "HSR Act"); and each such filing will request early termination of the waiting period imposed by the HSR Act. The parties will use their reasonable best efforts to respond as promptly as reasonably practicable to any inquiries received from the Federal Trade Commission (the "FTC") and the Antitrust Division of the Department of Justice (the "Antitrust Division") for additional information or documentation and to respond as promptly as reasonably practicable to all inquiries and requests received from any other Governmental Authority in connection with antitrust matters. The parties will use their respective reasonable best efforts to overcome any objections which may be raised by the FTC, the Antitrust Division or any other Governmental Authority having jurisdiction over antitrust matters. Notwithstanding the foregoing, Buyer will not be required to make any significant change in the operations or activities of the business (or any material assets employed therein) of Buyer or any of its Affiliates, if Buyer determines in good faith that such change would be materially adverse to the operations or activities of the business (or any material assets employed therein) of Buyer or any of its Affiliates having significant assets, net worth, or revenue. Notwithstanding anything to the contrary in this Agreement, if Buyer or Seller, in its sole opinion, considers a request from a governmental agency for additional data and information in connection with the HSR Act to be unduly burdensome, such party may terminate this Agreement by giving written notice to the other. Within 10 days after receipt of a statement therefor, Seller will reimburse Buyer for one-half of the filing fees payable by Buyer in connection with Buyer's filing under the HSR Act.
Appears in 1 contract
HSR Notification. As soon as practicable after the execution of this ---------------- Agreement, but in any event no later than 30 45 days after such execution, Seller Companies and Buyer will each complete and file, or cause to be completed and filed, any notification and report required to be filed under the Xxxx-Xxxxx-Xxxxxx Antitrust Improvements Act of 1976, as amended (the "HSR Act"); and each such filing will shall request early termination of the waiting period imposed by the HSR Act. The parties will shall use their reasonable best efforts to respond as promptly as reasonably practicable to any inquiries received from the Federal Trade Commission (the "FTC") and the Antitrust Division of the Department of Justice (the "Antitrust Division") for additional information or documentation and to respond as promptly as reasonably practicable to all inquiries and requests received from any other Governmental Authority in connection with antitrust matters. The parties will Company and Buyer shall use their respective reasonable best efforts to overcome any objections which may be raised by the FTC, the Antitrust Division or any other Governmental Authority having jurisdiction over antitrust matters. Notwithstanding the foregoing, Buyer will shall not be required to make any significant change in the operations or activities of the business (or any material assets employed therein) of Buyer or any of its Affiliates, if Buyer determines in good faith that such change would be materially adverse to the operations or activities of the business (or any material assets employed therein) of Buyer or any of its Affiliates having significant assets, net worth, or revenue. Notwithstanding anything to the contrary in this Agreement, if Buyer or SellerBuyer, in its sole opinion, considers a request from a governmental agency for additional data and information in connection with the HSR Act to be unduly burdensome, such party Buyer may terminate this Agreement by giving written notice to the otherAgreement. Within 10 days after receipt of a statement therefor, Seller Company will reimburse Buyer for one-half of the filing fees payable by Buyer in connection with Buyer's filing under the HSR Act.
Appears in 1 contract
Samples: Asset Purchase Agreement (General Communication Inc)
HSR Notification. As soon as practicable after the execution of this ---------------- Agreement, but in any event no later ---------------- than 30 60 days after such executionthe date of this Agreement, Seller Insight and Buyer AT&T will each complete and file, or cause to be completed and filedfiled by such party's ultimate parent, any notification and report required to be filed under the Xxxx-Xxxxx-Xxxxxx Antitrust Improvements HSR Act of 1976, as amended (the "HSR Act"); and each such filing will shall request early termination of the waiting period imposed by the HSR Act. The parties will shall use their commercially reasonable best efforts to respond as promptly as reasonably practicable to any inquiries received from the Federal Trade Commission (the "FTC") and the Antitrust Division of the Department of Justice (the "Antitrust Division") for additional information or documentation and to respond as promptly as reasonably practicable to all inquiries and requests received from any other Governmental Authority in connection with antitrust matters. The parties will shall use their respective commercially reasonable best efforts to overcome any objections which may be raised by the FTC, the Antitrust Division or any other Governmental Authority having jurisdiction over antitrust matters. Notwithstanding the foregoing, Buyer will not no party shall be required to make any significant change in the operations or activities of the business (or any material assets employed therein) of Buyer such party or any of its Affiliates, if Buyer a party determines in good faith that such change would be materially adverse to the operations or activities of the business (or any material assets employed therein) of Buyer such party or any of its Affiliates having significant assets, net worth, worth or revenue. Each of the parties will coordinate with the other party with respect to its filings and will cooperate to prevent inconsistencies between their respective filings and will furnish to each other such necessary information and reasonable assistance as the other may reasonably request in connection with its preparation of necessary filings or submissions under the HSR Act. Notwithstanding anything to the contrary in this Agreement, Agreement if Buyer or Seller, either party determines in its sole opinion, considers reasonable business judgment that a request from a governmental agency for additional data and information in connection with the HSR Act to be is unduly burdensome, such either party may terminate this Agreement by giving written notice to notifying the other. Within 10 other party within 30 days after receipt of a statement therefor, Seller will reimburse Buyer for one-half of following the filing fees payable by Buyer in connection with Buyer's filing under the HSR Actunduly burdensome request.
Appears in 1 contract
Samples: Asset Purchase and Sale Agreement (Insight Communications Co Inc)