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MASTER ASSET PURCHASE AGREEMENT BY ... - Canadian Stocks

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7.1 Representations; Warranties; Covenants. All of the representations and<br />

warranties of Seller set forth in this Agreement shall have been true and correct in all material<br />

respects as of the date hereof and shall be true and correct in all material respects as of the Initial<br />

Closing as if made on the Initial Closing Date (except to the extent that any such representation<br />

or warranty is made as of a specific date, in which case such representation or warranty shall<br />

have been true and correct in all material respects as of such date). Seller shall have performed<br />

and satisfied, or shall have caused to be performed and satisfied, in all material respects, all<br />

material covenants and agreements required by this Agreement and the Canada Purchase<br />

Agreement to be performed or satisfied or caused to be performed or satisfied by Seller at or<br />

prior to the Initial Closing.<br />

7.2 Closing Certificate. Seller shall have delivered to Buyer a certificate, dated as of<br />

the Initial Closing Date, executed by an officer of Seller to the effect that each of the conditions<br />

specified in Section 7.1 has been satisfied in all respects.<br />

7.3 Legality; Litigation. No action, claim, arbitration, proceeding or investigation by<br />

any Governmental Authority shall have been instituted at or prior to the Initial Closing relating<br />

to this Agreement or the Canada Purchase Agreement or any of the transactions contemplated<br />

hereby or thereby that makes this Agreement or the Canada Purchase Agreement or the<br />

transactions contemplated hereby or thereby illegal or unenforceable.<br />

7.4 No Material Adverse Effect. There shall have been no changes, developments or<br />

events since the date of this Agreement that have had a Material Adverse Effect.<br />

7.5 Deliveries. Seller shall have effected, or shall have caused to be effected, the<br />

deliveries required pursuant to Section 2.2(b).<br />

7.6 Mandatory Antitrust Approvals. The Mandatory Antitrust Approvals, other than<br />

the Mandatory <strong>Canadian</strong> Antitrust Approval, shall have been obtained.<br />

8. Conditions Precedent to the Obligations of Seller. The obligations of Seller and the<br />

Seller Parties to consummate the Initial Closing are subject to satisfaction of all of the following<br />

conditions by the Initial Closing Date (any one or more of which may, to the extent permitted by<br />

applicable Legal Requirements, be waived in writing by Seller in Seller’s sole discretion):<br />

8.1 Representations; Warranties; Covenants. All of the representations and<br />

warranties of Buyer set forth in this Agreement shall have been true and correct in all material<br />

respects as of the date hereof and shall be true and correct in all material respects as of the Initial<br />

Closing as if made on the Initial Closing Date (except to the extent that any such representation<br />

or warranty is made as of a specific date, in which case such representation or warranty shall<br />

have been true and correct in all material respects as of such date). Buyer shall have performed<br />

and satisfied, and shall have caused to be performed and satisfied, in all material respects, all<br />

material covenants and agreements required by this Agreement and the Canada Purchase<br />

Agreement to be performed or satisfied or caused to be performed or satisfied by Buyer at or<br />

prior to the Initial Closing.<br />

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