Examples of Canada Buyer in a sentence
In Canada, Buyer means Value Village Stores, a British Columbia partnership.
Canada Seller shall apply for a clearance certificate issued by the Minister of Finance of Ontario under subsection 6(1) of the Retail Sales Tax (Ontario) and arrange to have the clearance certificate delivered to Canada Buyer on Closing.
For the purposes of such elections, the Canada Buyer and each Canada Seller will, acting reasonably, jointly determine the amount that the parties will designate as the portion of the Purchase Price allocable to the debts in respect of which such elections are made.
Canada Buyer and Canada Seller shall file within the prescribed time the prescribed election forms required to give effect to the foregoing.
If Seller does not maintain a registered agent or office in Canada, Buyer hereby irrevocably appoints CT Corporation or its designee as Seller’s agent to receive process in any proceeding arising under or related to the agreement.
The execution and delivery of this Agreement and the Ancillary Agreements to which Buyer, Canada Buyer, or any of their respective Affiliates is a party by Buyer, Canada Buyer or any of their respective Affiliates and the consummation of the transactions contemplated hereby and thereby (including the consummation of the transactions contemplated hereunder and thereunder) have been duly authorized by all requisite corporate action of Buyer, Canada Buyer and/or their respective applicable Affiliates.
Where Buyer elects to file a request for an ARC to the Government Antitrust Authority in Canada, Buyer may elect to subsequently file a notification in accordance with Part IX of the Competition Act (a "Notification") to such Authority at Buyer's sole discretion, and the Company shall file its portion of the Notification to such Authority within five (5) Business Days of being notified by Buyer of its decision to file the Notification.
Buyer has available and will have available at Closing sufficient cash in immediately available funds to pay the Estimated Purchase Price and to pay any and all other amounts payable by Buyer and Canada Buyer pursuant to this Agreement and to effect the transactions contemplated hereby.
For purposes of the election under Section 167 of the Excise Tax Act (Canada), Buyer is acquiring under this Agreement ownership, possession or use of all or substantially all of the property that, assuming the accuracy of Parent's and Sellers' representations set forth in Section 3.07, can reasonably be regarded as being necessary for Buyer to be capable of carrying on the Canadian Business as a business.
There is no Litigation pending against, or, to the knowledge of Buyer, threatened against or affecting, Buyer or Canada Buyer before any court or arbitrator or any Governmental Authority which in any manner challenges or seeks to prevent, enjoin, alter or materially delay the transactions contemplated by this Agreement.