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

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

Competition Act. (Canada). For the purposes of the threshold set out at Section 110(3) 109 of the Competition Act (Canada)Act, the aggregate value of the assets in Canada of the Company and its affiliates (as such term is used in does not exceed CAD $180,000,000, and the Competition Act (Canada)) do not have aggregate assets in Canada that exceed Cdn$93,000,000, nor do they have aggregate annual gross revenues from sales in or in, from and into Canada generated from their assets by the Company and its affiliates does not exceed CAD $90,000,000, in Canada that exceed Cdn$93,000,000, all as each case determined in accordance with Part IX of the Competition Act (Canada)Act.

Appears in 2 contracts

Sources: Arrangement Agreement and Plan of Merger (Rome Wildlife, Inc.), Arrangement Agreement and Plan of Merger (RE/MAX Holdings, Inc.)

Competition Act. For the purposes The aggregate value of the threshold set out at Section 110(3) of the Competition Act (Canada), the Company Company’s and its affiliates (as such term is used in the Competition Act (Canada)) do not have aggregate Subsidiaries’ assets in Canada that exceed Cdn$93,000,000Canada, nor do they have aggregate and the annual gross revenues from sales in or from Canada generated from their the Company’s and its Subsidiaries’ assets in Canada that exceed Cdn$93,000,000Canada, all as determined in accordance with Part IX of the Competition Act (Canada)) and the regulations thereunder, do not exceed C$92,000,000.

Appears in 1 contract

Sources: Arrangement Agreement (Daseke, Inc.)

Competition Act. For the purposes of the threshold set out at Section 110(3) 110 of the Competition Act (Act, the aggregate value of the assets in Canada and the gross revenues generated from sales in/or from Canada), of the Company and its affiliates Subsidiaries (as such term is used in within the meaning of the Competition Act (Canada)Act) do is not have aggregate assets in Canada that exceed Cdn$93,000,000greater than Cdn$50 million and Cdn$50 million per annum, nor do they have aggregate gross revenues from sales in or from Canada generated from their assets in Canada that exceed Cdn$93,000,000respectively, all as determined in accordance with Part IX of the Competition Act Notifiable Transactions Regulations (CanadaSOR/87-348).

Appears in 1 contract

Sources: Stock Purchase Agreement (VeriChip CORP)

Competition Act. For the purposes of the threshold set out at Section section 110(3) of the Competition Act (Canada)Act, as adjusted on an annual basis, the Company Seller and its affiliates (as such term is used in the Competition Act (Canada)) Affiliates do not have aggregate assets in Canada that exceed Cdn$93,000,000CDN$73 million, nor do they have aggregate gross revenues from sales in or from Canada generated from their assets in Canada that exceed Cdn$93,000,000CDN$73 million, all as determined in accordance with Part IX of the Competition Act (Canada)Act.

Appears in 1 contract

Sources: Stock Purchase Agreement (Gibraltar Industries, Inc.)

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.

Appears in 1 contract

Sources: 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

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

Competition Act. For the purposes of the threshold set out at Section 110(3) of the Competition Act (Canada), the Company The Purchasers and its their affiliates (as such term is used defined in the Competition Act (Canada)) do not have aggregate assets in Canada that exceed Cdn$93,000,000$100 million in aggregate value, nor do they have aggregate or gross revenues from sales in in, from or from Canada generated from their assets in Canada into Canada, that exceed Cdn$93,000,000$100 million in aggregate value, all as determined in accordance with Part IX of the Competition Act (Canada)) and the Notifiable Transactions Regulations thereunder.

Appears in 1 contract

Sources: Business Acquisition Agreement (Bumble Bee Capital Corp.)