Common use of Notification to Governmental Authorities Clause in Contracts

Notification to Governmental Authorities. Purchaser shall, as promptly as practicable after the Closing, and in any event not later than the earlier of (i) 60 calendar days after the Closing Date and (ii) the expiration date of the applicable notification period, notify each Governmental Authority which requires such notification and (x) which is responsible for the regulatory supervision and administration of each of the Target Companies or (y) which otherwise requires notification of the transactions contemplated by this Agreement.

Appears in 2 contracts

Samples: Share and Asset Purchase Agreement (Centerpulse LTD), Stock Purchase Agreement (Centerpulse LTD)

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Notification to Governmental Authorities. Purchaser The Purchasers shall, as promptly as practicable after the Closing, and in any event not later than the earlier of (i) 60 calendar days after the Closing Date and (ii) the expiration date of the applicable notification period, notify each Governmental Authority which that requires such notification and (x) which is responsible for the regulatory supervision and administration of each the Business with respect to Purchasers’ ownership of the Target Companies or (y) which otherwise requires notification Business and with respect to the names of the transactions contemplated by this Agreementthen current officers and directors of the Purchasers.

Appears in 2 contracts

Samples: Sale and Purchase Agreement (Ikaria, Inc.), Sale and Purchase Agreement (Ikaria, Inc.)

Notification to Governmental Authorities. The ---------------------------------------- Purchaser shall, as promptly as practicable after the Closing, and in any event not later than the earlier of (i) 60 calendar days after the Closing Date and (ii) the expiration date of the applicable notification period, notify each Governmental Authority which requires such notification and (x) which is responsible for the regulatory supervision and administration of each the Business with respect to the Purchaser's ownership of the Target Companies or (y) which otherwise requires notification Business and with respect to the names of the transactions contemplated by this Agreementthen current officers and directors of the Purchaser.

Appears in 1 contract

Samples: Sale and Purchase Agreement (Becton Dickinson & Co)

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Notification to Governmental Authorities. Purchaser shall, as promptly as practicable after the Closing, and in any event not later than the earlier of (i) 60 calendar days after the Closing Date and (ii) the expiration date of the applicable notification period, notify each Governmental Authority which requires such notification and (x) which is responsible for the regulatory supervision and administration of each of the Target Companies ITI or (y) which otherwise requires notification of the transactions contemplated by this Agreement, all of which such Governmental Authorities Seller has listed on Schedule 5.06 attached hereto.

Appears in 1 contract

Samples: Stock Purchase Agreement (Centerpulse LTD)

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