Common use of Antitrust Clearance Clause in Contracts

Antitrust Clearance. All authorizations, consents, orders, declarations, approvals, filings with, or terminations or expirations of waiting periods imposed by, any governmental entity the failure of which to obtain, make or occur would have the effect of making the transfer of the applicable Ferro Business illegal or would have a material adverse effect on the transaction for either party, shall have been obtained, shall have been made or shall have occurred.

Appears in 2 contracts

Sources: Heads of Agreement (Om Group Inc), Heads of Agreement (Ferro Corp)