Competition Approval definition

Competition Approval refers to the approvals required pursuant to paragraphs 3.1 and 3.2 of Schedule 2;
Competition Approval means (i) the issuance (or deemed issuance in accordance with the applicable competition law) by the Competition Authority of a final and binding decision unconditionally (or under conditions acceptable to the Purchaser) approving the purchase of the shares in the Target Companies by the Purchaser; or (ii) the issuance by the Competition Authority of a final and binding decision that the purchase of the shares in the Target Companies by the Purchaser is not subject to the Competition Authority’s approval in accordance with the law or not falling within the scope of the provisions of the Slovenian Competition Act, as the case may be;
Competition Approval means: (a) the issuance of an Advance Ruling Certificate; or (b) the applicable waiting period under Section 123 of the Competition Act has expired or been waived and a No Action Letter has been issued in accordance with subsection 123(2) of the Competition Act. ‘‘Computershare’’ means Computershare Trust Company of Canada. ‘‘Court’’ means the Court of Queen’s Bench of Alberta.

Examples of Competition Approval in a sentence

  • The conditions for an AOB Competition Approval can be found in the AOB Competition Guidelines (see Appendix A).

  • Each Required Competition Approval is set forth in Section 5.03 of the Parent Disclosure Letter.

  • If we cannot make the change or the consequences of making the change are unacceptable to you, you may want to end the contract ( see clause 7 - Your rights to end the contract).

  • As previously advised, Section 11 Approval, Competition Approval (local and foreign) and Exchange Control Approval have been received.

  • Regulatory Approval a clearance, waiver, ruling, approval, relief, confirmation,exemption, consent or declaration set out in clause 3.1(a) (but excluding a Competition Approval and the ACMA Approval).


More Definitions of Competition Approval

Competition Approval means a decision of the Moldovan Competition Council either informing the Investor that its transactions with the Shares do not fall under the provisions of the competition law of the Republic of Moldova or declaring them compatible with the competition environment. «Одобрение органом по защите конкуренции» означает решение молдавского Совета по защите конкуренции, посредством которого он либо сообщает Инвестору, что его операции с акциями не подпадают под положения Закона о конкуренции Республики Молдова, либо объявляет их совместимыми с конкурентной средой.
Competition Approval means confirmation that consummation of the Transaction has been approved by each and all of the Competition Authorities or that the applicable waiting periods for such approval have expired without any prohibition, legal action or other proceedings having been imposed or brought by any of the Competition Authorities.
Competition Approval means, in accordance with the Pre-Merger Control Laws, the final authorization issued by the SIC on the transactions contemplated by the Arrangement Agreement as a result of a request for authorization (pre-evaluación);
Competition Approval means insofar as the transactions contemplated by this Agreement require (or are deemed to require) the clearance decision with respect to the transactions contemplated by this Agreement issued by the Federal Antimonopoly Service of the Russian Federation pursuant to Federal Law No. 135-FZ of 26 July 2006 “On the Protection of Competition” (as amended).
Competition Approval means one of the following is satisfied:
Competition Approval means (a) that the Commissioner shall have issued an Advance Ruling Certificate or (b) the applicable waiting period related to pre-merger notification under Part IX of the Competition Act in respect of the exercise of the Exchange Right shall have expired or been waived (or the obligation to notify shall have been waived) and the Commissioner shall have notified the Investor in writing that he does not intend to make an application under section 92 of the Competition Act in respect to the Exchange Right;
Competition Approval means any Consent of, with or to any Governmental Authority in relation to anti-competition Laws, including, inter alia, German merger control filings and approvals made or received pursuant to Section 39 et seq. Gesetz gegen Wettbewerbsbeschränkungen (“Section 39 et seq. GWB”).