Canadian Assets definition

Canadian Assets means the assets, undertakings, and properties of Hollander Canada at the applicable time.

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Canadian Assets shall have the meaning assigned thereto in Section 5.9(b).

Canadian Assets means assets of any Canadian Subsidiary.

Examples of Canadian Assets in a sentence

• Neither the aggregate value of the Canadian Assets nor the gross revenues from sales in or from Canada generated by the Canadian Assets, determined in the manner prescribed for the purposes of the Canadian Competition Act, exceeds CDN $50 million.

• If the Canadian Transfer does not occur, for purposes of calculating the Adjustment Amount, the Canadian Assets attributable to Completed Contracts and Rejected Contracts shall not be deemed to be Adjustment Assets and the Canadian Liabilities shall not be deemed to be Adjustment Liabilities.

• For the avoidance of doubt, except as otherwise provided in Section 5.9(b), the Canadian Assets shall be considered Non-U.S. Acquired Assets for purposes of this Agreement.

• Upon the terms and subject to the conditions of this Agreement, at the Closing, (i) the Sellers shall assign, transfer, convey and deliver to Buyer, and Buyer shall acquire from the Sellers, the Shares and the Purchased Canadian Assets, free and clear of all Encumbrances, except for Permitted Encumbrances and (ii) Buyer shall assume all Assumed Canadian Liabilities.

• Since the Balance Sheet Date, none of the Companies, the Company Subsidiaries or Westway Canada (with respect to the Canadian Feed Business or the Purchased Canadian Assets) has taken any action or omitted to take any actions which, had such actions or omissions occurred after the date of this Agreement, would have breached any of the covenants in Section 5.1.

More Definitions of Canadian Assets

Canadian Assets means any Transferred Assets acquired by the Canadian Buyer from any Canadian Seller.

Canadian Assets means all of the Purchased Assets used wholly or partly to carry on the Business in Canada other than the Acquired Proprietary Rights and Acquired Technology.

Canadian Assets means those Purchased Assets owned, beneficially or otherwise, by Canadian Seller.

Canadian Assets has the meaning ascribed to it in SECTION 1.01(A).

Canadian Assets means the Purchased Assets (and excluding, for the avoidance of doubt, any Excluded Assets) owned by Affinia Canada, which relate to the Business in Canada.

Canadian Assets shall have the meaning set forth in the Canadian Purchase Agreement.

Canadian Assets means the assets set forth on Appendix I to this Plan of Arrangement;