Examples of HSR Condition in a sentence
The Company and the Purchaser will make all filings and take all reasonable actions within their respective control required in order to satisfy the HSR Condition; provided that neither party will be required to dispose of or agree to hold separate any assets or business operations or to agree to any restriction on its business activities in connection therewith.
For clarity, achieving the HSR Condition will be the sole condition precedent to this entire Agreement coming into effect.
As set forth in Section 7.6, either Party will have the right to terminate this Agreement, upon written notice to the other Party, if the HSR Condition is not met within [*] from the date the filing required under the HSR Act is made.
In the event that the HSR Condition is not met within [*] from the date the filing required under the HSR Act is made, either Party may terminate this Agreement upon written notice to the other Party.
However, Purchaser is not required to extend the Offer beyond the earlier of (i) the date that the Merger Agreement terminates in accordance with its terms and (ii) the date that is (a) 120 days after commencement of the Offer (the “Initial Outside Date”) or (b) 210 days after commencement of the Offer if the HSR Condition has not been satisfied or waived by LabCorp or Purchaser (if permitted by the Merger Agreement) by the Initial Outside Date (the “Extended Outside Date”).