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MASTER ASSET PURCHASE AGREEMENT BY ... - Canadian Stocks

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“Lien” shall mean any charge, claim, condition, equitable interest, lien, option, pledge,<br />

security interest, mortgage, right of way, easement, encroachment, encumbrance, servitude, right<br />

of first option, right of first refusal or similar restriction, including any restriction on use, voting<br />

(in the case of any security or equity interest), transfer, receipt of income or exercise of any other<br />

attribute of ownership.<br />

“Local Business Portion” shall have the meaning set forth in Section 6.13(a).<br />

“Local Distribution Businesses” shall mean, collectively, the Initial Closing Business and<br />

the Canada Business.<br />

“Losses” shall have the meaning set forth in Section 9.1.<br />

“Lower End Target Initial Closing Working Capital” shall mean an amount equal to<br />

$79,248,000.<br />

“Mandatory Antitrust Approvals” shall mean a decision, in whatever form (including a<br />

declaration of lack of jurisdiction or a mere filing or notification, if the Initial Closing or the<br />

Canada Closing (as applicable) can take place, pursuant to the applicable Antitrust Laws, without<br />

a decision or the expiry of any waiting period) by any Governmental Authority under the<br />

Antitrust Laws of any of the jurisdictions listed in Exhibit Z (the “Relevant Antitrust<br />

Jurisdictions”) or the expiry of the applicable waiting period, as applicable, under the Antitrust<br />

Laws of the Relevant Antitrust Jurisdictions, authorizing or not objecting to the transactions<br />

contemplated by this Agreement or the Canada Purchase Agreement, which includes any<br />

decision or consent by any such Governmental Authority setting forth conditions or obligations<br />

on Buyer or any of its Affiliates.<br />

“Mandatory <strong>Canadian</strong> Antitrust Approval” shall mean either of the following:<br />

(i) the issuance of an advance ruling certificate by the Commissioner<br />

under section 102(1) of the Competition Act; or<br />

(ii) the applicable waiting period under subsection 123(1) of the<br />

Competition Act shall have expired or shall have been terminated early under subsection 123(2)<br />

of the Competition Act, or the obligation to submit a notification under Part IX of the<br />

Competition Act shall have been waived pursuant to paragraph 113(c) of the Competition Act.<br />

“MARC” shall mean the service contracts, obligations, undertakings or arrangements<br />

relating to the maintenance and repair of prime products in the Territories as listed on Schedule<br />

6.7(a).<br />

“Material Adverse Effect” shall mean any change, development or event that has a<br />

material adverse effect upon the Acquired Assets and the Local Distribution Businesses (taken as<br />

a whole), except for any adverse effect to the extent resulting from (i) general business or<br />

economic conditions affecting the mining industry in the Territories, (ii) the engagement by any<br />

Governmental Authority in hostilities or the escalation thereof, whether or not pursuant to the<br />

declaration of a national emergency or war, or the occurrence or the escalation of any military or<br />

terrorist attack, or any territories, possessions, or diplomatic or consular offices or upon any<br />

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