Examples of Performance Date in a sentence
On the Performance Date, the Absorbing Company shall acquire and assume the Undertaking of the Absorbed Company.
Works and activities conducted by the Absorbed Company until the Performance Date shall be assumed and continue to be conducted by the Absorbing Company.
The present Plan and each of its provisions shall enter into force on the Performance Date and once the Plan shall have been validated and the pertinent Court Order delivered for registration to the Registrar of Companies.
All rights on any property, moveable or immoveable, contractual rights and/or any other rights and assets of the Absorbed Company shall be transferred and/or considered to have been transferred to the Absorbing Company and shall be held and owned by the Absorbing Company under any such terms or restrictions as they shall be held or owned by the Absorbed Company until the Performance Date.
All obligations, liabilities and duties of the Absorbed Company shall be transferred and assumed and shall be considered to have been transferred and assumed by the Absorbing Company and shall constitute obligations, liabilities and duties of the Absorbing Company under any such rules or restrictions applicable in relation to the Absorbed Company until the Performance Date.