HSR Condition definition
Examples of HSR Condition in a sentence
The Company and the Purchaser will make all filings and take all reasonable actions within their respective control required in order to satisfy the HSR Condition; provided that neither party will be required to dispose of or agree to hold separate any assets or business operations or to agree to any restriction on its business activities in connection therewith.
The foregoing conditions (other than the Minimum Condition and the HSR Condition) may be waived by Purchaser in whole or in part at any time and from time to time in its sole discretion.
Subject to the satisfaction of the conditions set forth in ------- Section 6 below, the closing of the purchase and sale of the Shares hereunder (the "Stock Closing") shall occur three business days after the HSR Condition (as defined below) has been satisfied.
Without limiting the generality of the foregoing, except for the Profit Escrow and the right to receive the Share Escrow under Section 4(a), unless and until the HSR Condition has occurred, the Assignee shall have none of the indicia of ownership of the Assigned Shares and, therefore, shall have no right to vote, or direct the vote of, the Share Escrow or to otherwise exercise any of the rights of a stockholder of the Issuer in respect of the Share Escrow.
The “Outside Date” shall be December 31, 2008 (the “Initial Outside Date”); provided, however that if all of the conditions to the Offer (other than either or both of the HSR Condition or the Governmental Approval Condition, and regardless of whether the Minimum Condition is then satisfied) have been satisfied or, to the extent waivable by Parent or the Purchaser, waived by Parent and the Purchaser, as of the Initial Outside Date, the Outside Date shall be March 31, 2009 (the “Extended Outside Date”).