RTPA Sample Clauses
The RTPA clause, which stands for Right to Purchase Agreement, establishes the terms under which one party has the right to purchase certain assets, property, or interests from another party. Typically, this clause outlines the conditions, timeframes, and procedures for exercising the purchase right, such as notification requirements and price determination methods. By clearly defining these parameters, the RTPA clause provides certainty and structure to potential future transactions, helping both parties manage expectations and reduce the risk of disputes over the sale process.
RTPA. No provision of this Agreement, or of any arrangement of which it forms part, by virtue of which such agreement or arrangement is subject to registration under the Restrictive Trade Practices ▇▇▇ ▇▇▇▇, shall take effect until the day after particulars of such agreement or arrangement have been furnished to the Director General of Fair Trading pursuant to that Act. Particulars shall, if necessary, be furnished to the Director General of Fair Trading within three months of the date of this Agreement.
RTPA. Notwithstanding any other provision of this Agreement, (or any arrangement arising from this Agreement), no provision of this Agreement or arrangement which is of such a nature which would have made the Agreement or arrangement liable to registration under the Restrictive Trade Practices ▇▇▇ ▇▇▇▇ (“the RTPA Act”) or which, were the Competition ▇▇▇ ▇▇▇▇ fully in force, would cause the Agreement or arrangement to be notified under the Competition ▇▇▇ ▇▇▇▇ shall take effect until the Agreement or arrangement has been notified or duly furnished to the Director General of Fair Trading pursuant to the RTPA Act or the Competition ▇▇▇ ▇▇▇▇. This Clause shall not apply if this Agreement is, or is by virtue of the Competition 1998 to be treated as, a non-notifiable agreement within the meaning of Section 27A of the RTPA Act.
RTPA. 7.1 If there is any provision of this Agreement, or of any agreement or arrangement of which this Agreement forms part, which causes or would cause this Agreement or that agreement or arrangement to be subject to registration under the RTPA, then that provision shall not take effect until the day after particulars of this Agreement or of that agreement or arrangement (as the case may be) have been furnished to the Director General of Fair Trading pursuant to section 24, RTPA.
7.2 The Purchaser shall furnish such particulars as are referred to in CLAUSE 7.1 as soon as is reasonably practicable after the date of this Agreement and within the time limits specified in the RTPA and the Vendors undertake to provide such information and assistance as the Purchaser may reasonably require in connection therewith.
RTPA. To the extent that any provision of this Agreement, or any other arrangement of which it forms part, is a restriction or information provision for the purposes of the RTPA by virtue of which this Agreement or any such arrangement is registrable under the RTPA, no such restriction or provision shall take effect until the day after particulars of this Agreement or, as the case may be, that arrangement, have been furnished to the Director General of Fair Trading in accordance with the RTPA.
RTPA. Any restriction or information provision (each of those terms having the same meaning in this Clause as in the Restrictive Trade Practices Act 1976) contained in this Agreement or any provision contained in this Agreement adding to or extending any restriction or information provision contained in any agreement which is varied or amended by this Agreement, shall not take effect or shall cease to have effect: (a) if a copy of this Agreement is not provided to the Department of Trade and Industry ("DTI") within twenty-eight days of the date on which this Agreement is made, or
RTPA. Promptly after the date of this Agreement, each of RP and Merck shall confirm to the other whether it, or any of its subsidiaries who are parties to any of the Ancillary Agreements, carry on business in the United Kingdom in the production or supply of goods or the supply or services for the purposes of the Restrictive Trade Practices ▇▇▇ ▇▇▇▇ as amended (the “RTPA”) For the purposes of this clause, “subsidiaries” shall be construed in accordance with Section 736 of the Companies Act. If either RP or Merck determines that there are any provisions of this Agreement (or of an arrangement of which it forms part) by virtue of which particulars of this Agreement (or of an arrangement of which it forms part), at the date of this Agreement, are required to be furnished to the Director General of Fair Trading under the Restrictive Trade Practices Acts 1976 and 1977, RP and Merck shall ensure that those particulars and any other required information are furnished as soon as possible and in any event within the time specified by those Acts.
RTPA. Notwithstanding any other provision of this Agreement no ---- provision by virtue of which this Agreement or any agreement or arrangement of which it forms part is registerable under the Restrictive Trade Practices Act 1976 and 1977 shall take effect until the day after the date upon which particulars thereof shall have been furnished to the Director General of Fair Trading. The parties shall use all reasonable endeavours to procure the furnishing of such particulars as soon as possible after the signing of this Agreement and either party may request (and the other shall support such a request) that this Agreement or parts thereof do not thereby become open to public inspection.
RTPA. If any party shall wish to furnish such particulars, the other parties will render such co-operation and undertake such action as may reasonably be required of them for such purpose so that particulars may be furnished as soon as practicable following the signature of this Agreement and each of the parties consents to the disclosure of all information so furnished. In this SECTION 5.19 the words and terms "agreement" and "subject to registration" shall have the meanings respectively given to them by the RTPA and the reference to "restrictions accepted" or "information provisions made" under the agreement shall be to restrictions accepted or information provisions made by virtue of which the agreement is subject to registration.
RTPA. Any restriction or information provision (each of those terms having the same meaning in this Clause as in the Restrictive Trade Practices Act 1976) contained in this Agreement or any provision contained in this Agreement adding to or extending any restriction or information provision contained in any agreement which is varied or amended by this Agreement, shall not take effect or shall cease to have effect:
(a) if a copy of this Agreement is not provided to the Department of Trade and Industry ("DTI") within twenty-eight days of the date on which this Agreement is made, or
(b) if, within twenty-eight days of the provision of that copy to the DTI, the DTI gives notice of objection to the party providing it.
RTPA. 4.1 Any provision contained in this Agreement or in any arrangement of which this Agreement forms part by virtue of which the Restrictive Trade Practices Act 1976 ("the RTPA"), had it not been repealed, would apply to this Agreement or such arrangement shall not come into effect:
(a) if a copy of the Agreement is not provided to the Gas and Electricity Markets Authority ("the Authority") within 28 days of the date on which the Agreement is made; or
(b) if, within 28 days of the provision of the copy, the Authority gives notice in writing, to the party providing it, that it does not approve the Agreement because it does not satisfy the criterion specified in paragraphs 1(6) or 2(3) of the Schedule to The Restrictive Trade Practices (Gas Conveyance and Storage) Order 1996 ("the Order") as appropriate, provided that if the Authority does not so approve the Agreement then clause 4.3 shall apply.
4.2 If the Authority does so approve this Agreement in accordance with the terms of the Order (whether such approval is actual or deemed by effluxion of time) any provision contained in this Agreement or in any arrangement of which this Agreement forms part by virtue of which the RTPA, had it not been repealed, would apply to this Agreement or such arrangement shall come into full force and effect on the date of such approval.
4.3 If the Authority does not approve this Agreement in accordance with the terms of the Order the parties agree to use their best endeavours to discuss with the Authority any provision (or provisions) contained in this Agreement by virtue of which the RTPA, had it not been repealed, would apply to this Agreement or any arrangement of which this Agreement forms part with a view to modifying such provision (or provisions) as may be necessary to ensure that the Authority would not exercise its right to give notice pursuant to paragraph 1(5)(d)(ii) or 2(2)'(b)(ii) of the Schedule to the Order in respect of the Agreement as amended. Such modification having been made, the parties shall provide a copy of the Agreement as modified to the Authority pursuant to Clause 4.1 above for approval in accordance with the terms of the Order.
4.4 For the purposes of this clause 4, "Agreement" includes a variation of or an amendment to an agreement to which any provision of paragraphs 1(1) to (4) in the Schedule to the Order applies.