Common use of Competition Act Clause in Contracts

Competition Act. For the purposes of the threshold set out at Section 110(3) of the Competition Act (Canada), the Company and its affiliates (as such term is used in the Competition Act (Canada)) do not have aggregate assets in Canada that exceed Cdn$93,000,000, nor do they have aggregate gross revenues from sales in or from Canada generated from their assets in Canada that exceed Cdn$93,000,000, all as determined in accordance with Part IX of the Competition Act (Canada).

Appears in 2 contracts

Samples: Share Purchase Agreement (Ultralife Corp), Share Purchase Agreement (Ultralife Corp)

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Competition Act. For the purposes of the threshold set out at Section 110(3) Part IX of the Competition Act (Canada), neither the Company aggregate value of the Company’s and its affiliates (as such term is used in the Competition Act (Canada)) do not have aggregate assets in Canada that exceed Cdn$93,000,000Subsidiaries’ assets, nor do they have aggregate the gross revenues from sales in or from Canada generated from their assets such assets, in Canada that exceed Cdn$93,000,000, all each case as determined in accordance with Part IX of the Competition Act (Canada).) and the regulations promulgated thereunder, exceeds $93,000,000. SCHEDULE D

Appears in 1 contract

Samples: Arrangement Agreement

Competition Act. For the purposes of the threshold set out at Section 110(3) of the Competition Act (Canada)The Company, the Company and together with its affiliates (as such term is used defined in the Competition Act (Canada) and the regulations enacted thereunder)) do , does not have aggregate assets in Canada that exceed Cdn$93,000,000, nor do they have aggregate in excess of CDN $300,000,000 or gross revenues revenue from sales in, from or into Canada in or from Canada generated from their assets in Canada that exceed Cdn$93,000,000excess of CDN $300,000,000, all as determined in accordance with Part IX of the Competition Act (Canada)) and the regulations enacted thereunder.

Appears in 1 contract

Samples: Share Purchase Agreement (American Tire Distributors Holdings, Inc.)

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Competition Act. For the purposes of the threshold set out at Section 110(3) of the Competition Act (Canada), the Company The Acquiror and its affiliates (as such term is used in the Competition Act (Canada)) do not have aggregate assets in Canada that exceed Cdn$93,000,000exceed, nor do they have aggregate on a combined basis, C$200,000,000, or gross revenues from sales in in, from or from Canada generated from their assets in into Canada that exceed Cdn$93,000,000exceed, on a combined basis, C$390,000,000.00, all as determined in accordance with Part IX of the Competition Act (Canada).Act. SCHEDULE C REPRESENTATIONS AND WARRANTIES OF THE CORPORATION

Appears in 1 contract

Samples: Arrangement Agreement (Cynapsus Therapeutics Inc.)

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