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 receipt by ARC of a notice that the Minister responsible for the administration of the Investment Canada Act is satisfied that the transactions contemplated by this Agreement are “likely to be of net benefit to Canada” pursuant to Part IV of the Investment Canada Act, provided that such notice is on terms and conditions satisfactory to ARC Resources in its sole discretion, acting reasonably;
Investment Canada Approval means approval of the Merger and Sale Transactions under the Investment Canada Act.
Examples of Investment Canada Approval in a sentence
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.
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.
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.
When all procedures as outlined in A1 and A7 above are followed, Part C funds may be used.
The recently refreshed facility attracts tournaments and its utilization will increase with new amenities.
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 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 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 of the Minister responsible for the Investment Canada Act. “knowledge” of the Company or any similar phrase means, with respect to any fact or matter, the actual knowledge of the individuals set forth in Schedule 10.1 to the Company Disclosure Letter.
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;
Investment Canada Approval means the approval or deemed approval pursuant to the Investment Canada Act by the Minister of Industry;
Investment Canada Approval means (i) 45 days shall have passed since the date certified in the receipt provided under section 13(1)(a) of the Investment Canada Act and the Minister has not sent to the Purchaser a notice under subsection 25.2(1) of the Investment Canada Act or, if such a notice has been sent, the Purchaser has subsequently received a notice from the Minister under paragraph 25.2(4)(a) of the Investment Canada Act indicating that a review of the Transactions on grounds of national security will not be made; and (ii) the Governor in Council has not issued an order under subsection 25.3(1) of the Investment Canada Act in relation to the Transactions or, if such an order has been issued, the Purchaser has subsequently received (A) a notice under paragraph 25.3(6)(b) of the Investment Canada Act indicating no further action will be taken in respect of the Transactions, or (B) a copy of an order under paragraph 25.4(1)(b) authorizing the Transactions, provided that such order is on terms and conditions satisfactory to the Purchaser, acting reasonably (in acting reasonably, the Purchaser shall agree to terms and conditions provided if they do not materially impair the ability of the Purchaser to operate and derive benefits from the Business consistent with the Business’s operations prior to the Closing). Notwithstanding anything in this Agreement to the contrary, for purposes of the Investment Canada Approval, in no event shall Purchaser or any of its Affiliates be obligated to propose or agree to accept any written undertakings or terms and conditions, to enter into any consent decree, to make any divestiture, or to accept any operational restriction, or take any other action that, in the reasonable judgement of the Purchaser, could be expected to limit the right of the Purchaser to own or operate all or any portion of its, or its Affiliates’ respective businesses or assets.