Common use of Articles of Arrangement and Effective Date Clause in Contracts

Articles of Arrangement and Effective Date. (a) The Company shall file the Articles of Arrangement with the Registrar no later than the third Business Day after the satisfaction or waiver, by the applicable Party in whose favour the condition is stipulated, of the conditions contained in Article 6 (excluding conditions that, by their terms, are to be satisfied on the Effective Date, but subject to the satisfaction, or where not prohibited, the waiver by the applicable Party or Parties in whose favour the condition is stipulated, of those conditions) or such other date as the parties may agree in writing; provided that if on the date the Company would otherwise be required to file the Articles of Arrangement pursuant to this Section 2.7(a), a Party has delivered a Termination Notice pursuant to Section 4.10(c), the Company shall not file the Articles of Arrangement until the Breaching Party has cured the breaches of covenants, representations and warranties or other matters specified in the Termination Notice. The Arrangement shall be effective at the Effective Time and will have all of the effects provided by applicable Law.

Articles of Arrangement and Effective Date. (a1) The Company shall file closing of the transactions contemplated hereby (the "Closing"), including the filing of the Articles of Arrangement with the Registrar no Director, shall occur as soon as reasonably practicable (and in any event not later than the third five (5) Business Day Days) after the satisfaction or waiveror, where not prohibited, the waiver by the applicable Party or Parties in whose favour the condition is stipulated, of the conditions contained set out in Article 6 (excluding conditions that, by their terms, are to cannot be satisfied on until the Effective Date, but subject to the satisfactionsatisfaction or, or where not prohibited, the waiver by the applicable Party or Parties in whose favour the condition is stipulated, of those conditions) conditions as of the Effective Date), unless another time or such other date as is agreed to in writing by the parties may agree in writing; Parties, provided that if on the date the Company Corporation would otherwise be required to file the Articles of Arrangement pursuant to this Section 2.7(a2.9(1), a Party has delivered a Termination Notice pursuant to Section 4.10(c4.9(3), the Company Corporation shall not file the Articles of Arrangement until the Breaching Party has cured the breaches of covenantsrepresentations, representations and warranties warranties, covenants or other matters specified in the Termination Notice. The Arrangement shall be effective at the Effective Time and will have all of the effects provided by applicable Law.

Articles of Arrangement and Effective Date. (a1) The Company shall file closing of the transactions contemplated hereby (the Closing), including the filing of the Articles of Arrangement with the Registrar no Enterprise Registrar, shall occur as soon as reasonably practicable (and in any event not later than the third three (3) Business Day Days) after the satisfaction or waiveror, where not prohibited, the waiver by the applicable Party or Parties in whose favour the condition is stipulated, of the conditions contained set out in Article 6 (excluding conditions that, by their terms, are to cannot be satisfied on until the Effective Date, but subject to the satisfactionsatisfaction or, or where not prohibited, the waiver by the applicable Party or Parties in whose favour the condition is stipulated, of those conditions) conditions as of the Effective Date), unless another time or such other date as is agreed to in writing by the parties may agree in writing; Parties, provided that if on the date the Company Corporation would otherwise be required to file the Articles of Arrangement pursuant to this Section 2.7(a2.8(1), a Party has delivered a Termination Notice pursuant to Section 4.10(c4.8(3), the Company Corporation shall not file the Articles of Arrangement until the 11633442v2 Breaching Party has cured the breaches of covenantsrepresentations, representations and warranties warranties, covenants or other matters specified in the Termination Notice. The Arrangement shall be effective at the Effective Time and will have all of the effects provided by applicable Law.