Effective Time definition

Effective Time has the meaning set forth in Section 2.2.

Effective Time shall have the meaning set forth in Section 2.3.

Effective Time has the meaning set forth in Section 1.3.

Examples of Effective Time in a sentence

• PIF currently has, and at all times from and after the date of this Agreement and through the First Effective Time, PIF and Merger Sub will have available all of the funds necessary for the acquisition of all shares of SLIC capital stock pursuant to the First Merger, to pay all fees and expenses in connection therewith, to make payments pursuant to Section 1.5 and Section 2.1 and to perform their respective obligations under this Agreement.

• From and after the First Effective Time, the stock transfer books of SLIC shall be closed, and there shall be no further transfers on the stock transfer books of SLIC of the shares of SLIC Common Stock that were issued and outstanding immediately prior to the First Effective Time.

• Subject to applicable Law, the directors and officers of Merger Sub immediately prior to the Effective Time shall be the directors and officers of the Surviving Company immediately after consummation of the First Merger and shall hold office until the next annual meeting of the Surviving Company and until their respective successors are duly elected and qualify, or until their earlier death, resignation or removal.

• The directors and officers of PIF immediately prior to the Second Effective Time shall be the directors and officers of PIF immediately after consummation of the Second Merger and shall hold office until their respective successors are duly elected and qualify, or until their earlier death, resignation or removal.

• SLIC shall have performed in all material respects all obligations required to be performed by it under this Agreement at or prior to the First Effective Time.

More Definitions of Effective Time

Effective Time has the meaning set forth in the Merger Agreement.

Effective Time in the case of (i) an Exchange Registration, shall mean the time and date as of which the Commission declares the Exchange Registration Statement effective or as of which the Exchange Registration Statement otherwise becomes effective and (ii) a Shelf Registration, shall mean the time and date as of which the Commission declares the Shelf Registration Statement effective or as of which the Shelf Registration Statement otherwise becomes effective.

Effective Time of the Registration Statement relating to the Offered Securities means the time of the first contract of sale for the Offered Securities.

Effective Time means 12:01 a.m. (Toronto time) on the Effective Date;

Effective Time means 12:01 a.m., New York City time, on the Closing Date.

Effective Time with respect to the Initial Registration Statement or, if filed prior to the execution and delivery of this Agreement, the Additional Registration Statement means the date and time as of which such Registration Statement was declared effective by the Commission or has become effective upon filing pursuant to Rule 462(c). If an Additional Registration Statement has not been filed prior to the execution and delivery of this Agreement but the Company has advised the Representatives that it proposes to file one, “Effective Time” with respect to such Additional Registration Statement means the date and time as of which such Registration Statement is filed and becomes effective pursuant to Rule 462(b).

Effective Time shall have the meaning given to such term in Section 2.2 hereof.