ICA Clearance means either (i) 45 days shall have elapsed from the date of certification of completeness of a notification under Part III of the ICA filed by Parent and the Minister of Innovation, Science and Economic Development has not sent to Parent a notice under subsection 25.2(1) of the ICA and the Governor in Council has not made an order under subsection 25.3(1) of the ICA in relation to the transactions contemplated in this Agreement; or (ii) if such a notice has been sent or such an order has been made, Parent has subsequently received (A) a notice under paragraph 25.2(4)(a) of the ICA indicating that a review of the transactions contemplated herein on grounds of national security will not be made, (B) a notice under paragraph 25.3(6)(b) of the ICA indicating that no further action will be taken in respect of the transactions or (C) a copy of an order under paragraph 25.4(1)(b) of the ICA authorizing the transactions contemplated in this Agreement.
ICA Clearance means: either: (a) no notice has been given under subsection 25.2(1) or subsection 25.3(2) of the ICA within the prescribed period or, (b) if notice has been given under subsection 25.2(1) or subsection 25.3(2) of the ICA, then either the Minister under the ICA shall have sent to Viston a notice under paragraph 25.2(4)(a) or paragraph 25.3(6)(b) of the ICA, or the Governor in Council shall have issued an order under paragraph 25.4(1)(b) of the ICA authorizing the transactions contemplated by the Viston Offer;
ICA Clearance means: either: (a) no notice has been given under subsection 25.2(1) or subsection 25.3(2) of the Investment Canada Act within the prescribed period or, (b) if notice has been given under subsection 25.2(1) or subsection 25.3(2) of the Investment Canada Act, then either the Minister under the Investment Canada Act shall have sent to the Purchaser a notice under paragraph 25.2(4)(a) or paragraph 25.3(6)(b) of the Investment Canada Act, or the Governor in Council shall have issued an order under paragraph 25.4(1)(b) of the Investment Canada Act authorizing the transactions contemplated by this Agreement.
More Definitions of ICA Clearance
ICA Clearance means satisfaction of any of the following:
ICA Clearance means that: (i) 45 days shall have elapsed from the effective date of the certification of the Purchaser's notification under the Investment Canada Act and the Purchaser shall not have received a notice or order from a Governmental Entity under either section 25.2(1) or section 25.3(2) of the Investment Canada Act; or (ii) if the Purchaser has received such a notice or order, the Purchaser shall have subsequently received one of the following notices, as applicable: (a) under section 25.2(4)(a) of the Investment Canada Act indicating that no order for the review of the transactions contemplated by this Agreement will be made under section 25.3(1) of the Investment Canada Act; (b) under section 25.3(6)(b) of the Investment Canada Act indicating that no further action will be taken in respect of the transactions contemplated by this Agreement; or (c) under section 25.4(1) of the Investment Canada Act indicating that the Governor in Council authorizes the completion of the transactions contemplated by this Agreement, in each case on terms and conditions satisfactory to the Purchaser.
ICA Clearance means the satisfaction of any one of the following: (i) the time during which the responsible Minister could have provided notice to the Buyer under either subsection 25.2(1) or subsection 25.3(2) of the Investment Canada Act shall have passed without the Buyer having received such notice; (ii) the responsible Minister shall have provided the Buyer with notice under paragraph 25.2(4)(a) of the Investment Canada Act indicating that no order for review will be made in respect of the transactions contemplated by the Arrangement Agreement; (iii) the responsible Minister shall have provided the Buyer with notice under paragraph 25.3(6)(b) of the Investment Canada Act indicating that no further action will be taken in respect of the transactions contemplated by the Arrangement Agreement; or (iv) where an Investment Canada Act Review has been ordered by the Governor in Council, the Governor in Council shall have issued an Order under paragraph 25.4(1)(b) of the Investment Canada Act authorizingthe transactions contemplated by the Arrangement Agreement on conditions acceptable to the Buyer in its sole discretion, acting reasonably.
ICA Clearance means the satisfaction of any one of the following: (i) the time during which the responsible Minister could have provided notice to the Purchaser under either subsection 25.2(1) or subsection 25.3(2) of the Investment Canada Act shall have passed without the Purchaser having received such notice; (ii) the responsible Minister shall have provided the Purchaser with notice under paragraph 25.2(4)(a) of the Investment Canada Act indicating that no order for review will be made in respect of the transactions contemplated by this Agreement; (iii) the responsible Minister shall have provided the Purchaser with notice under paragraph 25.3(6)(b) of the Investment Canada Act indicating that no further action will be taken in respect of the transactions contemplated by this Agreement; or (iv) where an Investment Canada Act Review has been ordered by the Governor in Council, the Governor in Council shall have issued an order under paragraph 25.4(1)(b) of the Investment Canada Act authorizing the transactions contemplated by this Agreement on conditions acceptable to the Purchaser in its sole discretion;
ICA Clearance means: (i) Aura has submitted to ISED a completed notification pursuant to Part III of the ICA; (ii) a representative of ISED has certified to Aura in writing that a complete notification was received by ISED, and (iii) either: (A) no notice is given under s. 25.2(1) or 25.3(2) of the ICA within the prescribed period; or, (B) if notice is given under s. 25.2(1) or 25.3(2) of the ICA, then either (a) the responsible Minister or Ministers under the ICA have sent to the Aura a notice under s. 25.2(4), s. 25.3(6)(b) or s. 25.3(6)(c), or (b) the Governor in Council has issued an order under s. 25.4(1)(b) of the ICA authorizing the Agreement on terms and conditions acceptable to Aura acting reasonably.