Competition Act Clearance definition

Competition Act Clearance means one of the following has occurred in respect of the transactions contemplated by this Agreement:
Competition Act Clearance means that, with regard to the Transactions, either that (i) the Commissioner shall have issued an advance ruling certificate pursuant to section 102 of the Competition Act, and such advance ruling certificate shall not have been rescinded or amended, or (ii) (a) the statutory waiting period under section 123 of the Competition Act shall have expired or have been terminated by the Commissioner, or the Commissioner shall have waived the obligation to submit a notification pursuant to paragraph 113(c) of the Competition Act, and (b) the Commissioner shall have issued a No-Action Letter, and such letter shall not have been rescinded or amended;
Competition Act Clearance means either of the following:

Examples of Competition Act Clearance in a sentence

  • If required, the Canada Competition Act Clearance shall have been received.

  • The foreign AIF may not acquire more than 10% of the same type of securities issued by the same issuer.

  • If any material is withheld by GLENTEL Group in accordance with applicable Law, GLENTEL Group shall, to the extent permitted by Law or to the covenant to keep BCE informed as to the status of and the processes and proceedings relating to obtaining the Competition Act Clearance and HSR Clearance, inform BCE as to the general nature of what is being withheld.

  • Section 7 presents application to Ambient Occlusion and conclusions in Section 8, including a discussion of how dynamic scene changes are very simple in this method.

  • Finally, some of these men- tioned designs require either numerical only or categorical independent factors, which limits OED to some applications of perceptual assessment studies with nominal factors.


More Definitions of Competition Act Clearance

Competition Act Clearance means, with respect to the transactions contemplated by the Offer, either: (a) the Commissioner shall have issued an ARC pursuant to Section 102 of the Competition Act, which ARC shall not have been rescinded or amended; or (b) (i) any applicable waiting period, including any extension of a waiting period, under Section 123 of the Competition Act shall have expired or been terminated, or the requirement to submit a notification shall have been waived under paragraph 113(c) of the Competition Act, and (ii) the Commissioner shall have issued a No-Action Letter without any condition or on conditions that are acceptable to the Offeror, in its judgment, which No-Action Letter shall not have been rescinded or amended;
Competition Act Clearance means with respect to the transactions contemplated by this Agreement, the following: (i) the issuance of an advance ruling certificate by the Commissioner of Competition under subsection 102(1) of the Competition Act; or (ii) (a) the expiry or termination of the waiting period under section 123 of the Competition Act or a waiver of the obligation to provide notification in accordance with Part IX of the Competition Act under paragraph 113(c) of the Competition Act and (b) the issuance of written confirmation from the Commissioner of Competition that he does not, at that time, intend to make an application under section 92 of the Competition Act.
Competition Act Clearance means the earliest of (a) the issuance by the Commissioner of an advance ruling certificate under section 102 of the Competition Act in respect of the transactions contemplated by this Agreement; or (b) either: (i) the expiry or termination of the applicable waiting period under section 123 of the Competition Act; or (ii) waiver of the obligation to submit a notification under Part IX of the Competition Act pursuant to paragraph 113(c) of the Competition Act; and, in the case of either (i) or (ii), the Commissioner has notified BPY and the Trust that he does not, at the time of such notification, intend to make an application under section 92 of the Competition Act in respect of the transactions contemplated by this Agreement;
Competition Act Clearance means (a) both of (i) the expiry, waiver, or termination of any applicable waiting periods, including any extension of a waiting period, under Section 123 of the Competition Act, and (ii) the advisement by the Commissioner in writing to the Offeror that the Commissioner does not, at this time, intend to make an application under Section 92 of the Competition Act, or (b) the issuance of an ARC issued by the Commissioner pursuant to Section 102 of the Competition Act in respect of the transactions contemplated by the Support Agreement;
Competition Act Clearance means, with respect to the transactions contemplated by the Arrangement Agreement, that (i) the Commissioner shall have issued (and not rescinded or amended) to the Purchaser an advance ruling certificate under subsection 102(1) of the Competition Act, or (ii) (a) the waiting period under Section 123 of the Competition Act shall have expired or been terminated or the notification requirement shall have been waived pursuant to Section 113(c) of the Competition Act, and, unless such requirement is waived in writing by the Purchaser, (b) the Commissioner shall have issued (and not rescinded or amended) to the Purchaser a No Action Letter.
Competition Act Clearance means that either (i) the Commissioner shall have issued an advance ruling certificate under section 102 of the Competition Act in respect of the transactions contemplated by this Agreement; or (ii) (a) the applicable waiting period under section 123 of the Competition Act shall have expired or been terminated or the obligations of the parties to make a pre-merger notification filing under Part IX of the Competition Act shall have been waived in accordance with paragraph 113(c) of the Competition Act, and (b) the parties shall have been advised in writing by the Commissioner that she is of the view that grounds do not then exist to initiate proceedings under the merger provisions of the Competition Act in respect of the transactions contemplated by this Agreement;
Competition Act Clearance means that, in connection with the transactions contemplated by this Agreement, either: (a) both (i) the applicable waiting periods under subsection 123(1) of the Competition Act shall have expired or have been waived in accordance with subsection 123(2) of the Competition Act or the obligation to provide a pre-merger notification in accordance with Part IX of the Competition Act shall have been waived in accordance with paragraph 113(c) of the Competition Act, and (ii) the Commissioner shall have issued a No Action Letter; or (b) the Commissioner shall have issued an Advance Ruling Certificate under Section 102 of the Competition Act.