Examples of Canadian Purchased Assets in a sentence
Canadian Buyer shall within the prescribed time file a notification regarding the purchase of the Canadian Purchased Assets as required under the Investment Canada Act.
Sellers and Buyers acknowledge and agree that the Canadian Purchased Assets constitute a business of Agilysys Canada and comprise all or substantially all of the property reasonably necessary for Canadian Buyer to be capable of carrying on the business as a business.
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Parent exclusively owns all Canadian Purchased Assets, and Seller is not transferring any Purchased Assets that constitute “taxable Canadian property” for purposes of the Tax Act.
For greater certainty, any such decrease or increase of the Purchase Price will be allocated among those Purchased Assets to which such payment can reasonably be considered to relate, or if such payment does not reasonably relate to a particular Purchased Asset, such decrease or increase will be allocated to the goodwill forming part of the Canadian Purchased Assets.