Examples of Competition Act Approval in a sentence
Notwithstanding the forgoing, to the extent that the representations set forth in Section 3.1.10 or Section 3.1.11 are not accurate as at the Closing Date, the Seller and the Corporation shall use reasonable commercial efforts to obtain the Investment Canada Act Approval or the Competition Act Approval, as applicable, prior to the Closing Date.
Each of the Competition Act Approval and Investment Canada Act Approval shall have been obtained.
The Sellers and the Purchaser shall as promptly as practicable provide any supplemental information requested pursuant to the HSR Act or Competition Act and furnish to each other party’s counsel such necessary information and reasonable assistance as the other may request in connection with its preparation of any filing or submission that is necessary under the HSR Act and any Other Antitrust Regulations, including Competition Act Approval.
Each of the Purchaser and the Company shall pay one-half of any filing or similar fee payable to a Governmental Entity and applicable Taxes in connection with a Regulatory Approval, provided that, the Purchaser shall be responsible for paying 100% of the filing fee in connection with the Competition Act Approval.
The applicable fees and expenses in connection with the Competition Act Approval shall be shared in accordance with Clause 13.1(c) of the Memorandum of Understanding.