Competition Authorities definition
Examples of Competition Authorities in a sentence
Without limiting the generality of the foregoing, each of the Parties shall use reasonable best efforts to obtain, file with or deliver to, as applicable, any Consents of any Governmental Authorities (including any applicable Competition Authorities) or other Persons necessary to consummate the Transactions and the transactions contemplated by the Transaction Agreements.
Subsequent to filing, the Purchaser and the Sellers, collectively represented by Nordic Capital, shall cause the Company to use all commercially reasonable efforts to assist and cooperate with the Competition Authorities in order to fulfil the condition precedent in this Section 8.1(b).
The Purchaser shall consult with the Sellers, collectively represented by Nordic Capital, prior to conducting negotiations with the Competition Authorities and Nordic Capital shall, if required by mandatory law or relating to filings made jointly, be given the opportunity to participate on behalf of the Sellers in such negotiations.
Each Party undertakes to notify the other Party in writing immediately if, after filing the notification(s), such Party is notified by the Competition Authorities of any circumstances or events, which will or may prevent the clearance or approval from being obtained.
The Purchaser undertakes to keep the Sellers, collectively represented by Nordic Capital, informed of its contacts with the Competition Authorities and to provide the Sellers, collectively represented by Nordic Capital, with copies of all relevant documentation in relation thereto, provided that such copies not being client privileged information, and further, subject to Section 8.1(b)(ii), to negotiate in good faith with the Competition Authorities in order to obtain clearances.