Merger Control Authority definition
Examples of Merger Control Authority in a sentence
The fees of any Merger Control Authority as well as the costs of the notarial recording of this Agreement and any registration fees or notarial fees otherwise incurred in the execution of this Agreement at the Signing or Closing through the measures foreseen for Signing and / or Closing shall be borne by the Purchasers.
Purchaser shall respond as soon as reasonably possible and to the extent the relevant information is available to Purchaser to all inquiries received from any Merger Control Authority or other competent Governmental Entity to whom a filing has been made for additional information or documentation and supplement such filings as reasonably requested by the applicable Merger Control Authority or other competent Governmental Entity.
The Parties shall closely cooperate in good faith in any discussions and negotiations with any Merger Control Authority or Governmental Authority with the objective to obtain the Merger Control Clearance in the EXECUTION COPY shortest time period possible; provided that the Purchasers shall be entitled to lead and exercise ultimate authority and control over all strategy, discussions, negotiations, submissions and proceedings.
To the extent practicable and permitted by a Merger Control Authority, each Party shall permit representatives of the other Party to participate in meetings and calls with such Merger Control Authority.
However, each Party reserves the right to file confidential information about its business or other investments (including, in respect of the Sellers) (if so required) directly and without sharing such confidential information with the other Parties as long as such confidential information is shared with the other Parties’ advisors on a confidential counsel-to-counsel basis before it is sent to such Merger Control Authority or Governmental Authority.
Each Party shall without undue delay provide all other Parties with copies of any correspondence with any Merger Control Authority or Governmental Authority and with copies of any written statement, order or decision of any Merger Control Authority or Governmental Authority, subject to the reservations regarding confidential information set forth in Section 6.4.2 above.
The Parties shall keep each other informed of any information and documents requested by any Merger Control Authority in respect of the transaction contemplated herein.
The Purchasers (or the Sellers) may withdraw (zurücknehmen) filings made with any Merger Control Authority or Governmental Authority or agree with any Merger Control Authority or Governmental Authority on the extension of any examination period only with the express prior written consent of the Sellers (or Purchasers), such consent not to be unreasonably delayed or withheld.
Purchaser will pay all costs (including fees and other payments to obtain any authorizations, consents, orders or approvals) of any proceeding with any Merger Control Authority, except for the fees of Sellers' counsel.
Neither Purchaser nor Seller shall commit (and shall cause their respective Affiliates not to commit) to or agree with any Governmental Authority to stay, toll or extend any applicable waiting period under the HSR Act or any other Antitrust Laws or Foreign Direct Investment Laws or enter into a timing agreement with any Merger Control Authority or other Governmental Authority, without the prior written consent of the other party (such consent not to be unreasonably withheld, delayed or conditioned).