Purchase Agreement: Prohibition on HSR Act Waiting Period Extension | Practical Law

Purchase Agreement: Prohibition on HSR Act Waiting Period Extension | Practical Law

A Standard Clause to be used in a purchase or merger agreement when the parties wish to prohibit a unilateral extension of the Hart-Scott-Rodino (HSR) Act waiting period. Merging parties may use this Clause when they do not want to make an agreement with the FTC or DOJ to extend, toll, or stay the HSR waiting period, including to comply with a Second Request.

Purchase Agreement: Prohibition on HSR Act Waiting Period Extension

Practical Law Standard Clauses w-006-3380 (Approx. 7 pages)

Purchase Agreement: Prohibition on HSR Act Waiting Period Extension

by Practical Law Antitrust
Maintained • USA (National/Federal)
A Standard Clause to be used in a purchase or merger agreement when the parties wish to prohibit a unilateral extension of the Hart-Scott-Rodino (HSR) Act waiting period. Merging parties may use this Clause when they do not want to make an agreement with the FTC or DOJ to extend, toll, or stay the HSR waiting period, including to comply with a Second Request.