Purchase Agreement: HSR Size-of-Transaction Test Not Met | Practical Law
A Standard Clause that may be used when a seller wants the buyer to provide a representation that no filing is required under the Hart-Scott-Rodino (HSR) Act's size-of-transaction test. This Standard Clause discusses the applicability of the size-of-transaction test and how to determine the value of the transaction, including using a fair market valuation, and has integrated notes with important explanations and drafting tips.