MERGER CONTROL. 13.1 The Seller hereby confirms that the relevant turn-over of the Companies in the past full business year was below EUR 5,000,000 (per Company and in total). 13.2 The Parties therefore agree that the transfer of the Sold Shares is not subject to merger control clearance by or any form of notification procedure with the competent merger control authority.
Appears in 2 contracts
Sources: Share Purchase Agreement, Share Purchase Agreement (Global Income Trust, Inc.)