Investment Canada Approval definition

Investment Canada Approval means approval or deemed approval pursuant to the Investment Canada Act by the Minister of Industry and the Minister of Canadian Heritage, as applicable.
Investment Canada Approval means the responsible Minister designated pursuant to the Investment Canada Act has sent a notice to Purchaser that he is satisfied that the Arrangement is likely to be of net benefit to Canada or is deemed to be so satisfied pursuant to Section 21(2) of the Investment Canada Act; (mm)
Investment Canada Approval means approval of the Merger and Sale Transactions under the Investment Canada Act.

Examples of Investment Canada Approval in a sentence

  • The Competition Act Requirement shall have been satisfied, and the Investment Canada Approval shall have been obtained or written confirmation shall have been received from Industry Canada indicating that approval of the Merger and Sale Transactions is not required under the Investment Canada Act.

  • Investment Canada Approval The Offers are subject to a condition that the Minister of Industry shall have allowed the implementation of the proposed transaction and the Purchase Agreement Transaction pursuant to the provisions of the Investment Canada Act.

  • Purchaser shall keep Sellers reasonably informed as to the status of the Investment Canada Approval proceedings and shall promptly advise Sellers of any material written or verbal communications Purchaser has with the Investment Review Division of Investment Canada staff or the Minister of Industry or his designee relating to the Investment Canada Approval.

  • The Competition Act Approval and the Investment Canada Approval shall have been obtained, the waiting period (and any extension thereof) under the HSR Act shall have expired or been terminated, and any consent, approval or waiting period under the antitrust or competition legislation of any other relevant jurisdiction applicable to the Arrangement shall have been obtained or shall have expired or been terminated, as applicable.

  • All Consents and Regulatory Approvals, including the Investment Canada Approval, shall have been obtained.


More Definitions of Investment Canada Approval

Investment Canada Approval means: (i) Pacific Rubiales shall have received written evidence from the Minister of Industry under the Investment Canada Act that the Minister of Industry is satisfied or deemed to be satisfied that the transactions contemplated by the Arrangement Agreement are likely to be of net benefit to Canada pursuant to the Investment Canada Act; and (ii) the Minister of Industry has not sent to Pacific Rubiales a notice under section 25.2(1) or section 25.2(4)(b) of the Investment Canada Act within the period prescribed pursuant thereto or, if a notice has been sent under section 25.2 of the Investment Canada Act, then either the Minister of Industry has sent to Pacific Rubiales a notice under section 25.2(4)(a) or 25.3(6)(b) of the Investment Canada Act or the Governor in Council has issued an order pursuant to section 25.4(1)(b) of the Investment Canada Act authorizing the transactions contemplated by the Arrangement Agreement;
Investment Canada Approval means that the transactions contemplated by this Agreement shall have been reviewed under Part IV of the Investment Canada Act and the Minister responsible for the Investment Canada Act shall have provided written confirmation that he is satisfied or is deemed to be satisfied that the transactions contemplated by this Agreement are likely to be of net benefit to Canada.
Investment Canada Approval means the approval or deemed approval pursuant to the Investment Canada Act by the Minister of Industry;
Investment Canada Approval means that the Minister of Industry has approved or shall be deemed to have approved the transactions contemplated by this Agreement pursuant to the Investment Canada Act on terms and conditions satisfactory to Purchaser, acting reasonably.
Investment Canada Approval means the notice sent by the Minister (as defined in the Investment Canada Act), in respect of the Reviewable Transactions, pursuant to Section 21 of the Investment Canada Act that the Minister is satisfied that the Reviewable Transactions are likely to be of net benefit to Canada;
Investment Canada Approval means the responsible Minister under the Investment Canada Act having sent a notice to Repsol or to AcquisitionCo (or to the Purchaser Parties) stating that the Minister is satisfied that the transactions contemplated by the Arrangement Agreement are likely to be of net benefit to Canada, or the Minister having been deemed to be satisfied that the transactions contemplated by the Arrangement Agreement are likely to be of net benefit to Canada;
Investment Canada Approval means the responsible Minister designated pursuant to the Investment Canada Act has sent a notice to the Purchaser that he is satisfied that the Arrangement is likely to be of net benefit to Canada or is deemed to be so satisfied pursuant to Section 21(2) of the Investment Canada Act;