Common use of Closing and Effective Time Clause in Contracts

Closing and Effective Time. 3.1. The Reorganization, together with related acts necessary to consummate the same ("Closing"), shall occur at the offices of Dorsey & Whitney LLP, 50 South Sixth Street, Minneapolis, Minnesota 55400, xx or xxxxx Xpril 30, 0000, xx xx xxxx xxxxx xxxxx xxx/xx xx xxxx xxxxr date as to which the parties hereto may agree. All acts taking place at the Closing shall be deemed to take place simultaneously as of the close of business on the date thereof or at such other time as to which the parties hereto may agree ("Effective Time"). If, immediately before the Valuation Time, (a) the New York Stock Exchange is closed to trading or trading thereon is restricted or (b) trading or the reporting of trading on that exchange or elsewhere is disrupted, so that accurate appraisal of the value of the Assets and Liabilities and the NAV of an Acquiring Fund Share is impracticable, the Effective Time shall be postponed until the first business day after the day when such trading has fully resumed and such reporting has been restored.

Appears in 3 contracts

Samples: Agreement and Plan of Reorganization (Hartford Index HLS Fund Inc), Agreement and Plan of Reorganization (Hartford Advisors HLS Fund Inc), Agreement and Plan of Reorganization (Hartford Bond HLS Fund Inc)

AutoNDA by SimpleDocs

Closing and Effective Time. 3.1. The Reorganization, together with related acts necessary to consummate the same ("Closing"), shall occur at the offices of Dorsey Xxxxxx & Whitney Xxxxxxx LLP, 50 South Sixth Street00 Xxxxx Xxxxx Xxxxxx, MinneapolisXxxxxxxxxxx, Minnesota 55400Xxxxxxxxx 00000, xx on or xxxxx Xpril about April 30, 00002002, xx xx xxxx xxxxx xxxxx xxx/xx xx xxxx xxxxr or at such other place and/or on such other date as to which the parties hereto may agree. All acts taking place at the Closing shall be deemed to take place simultaneously as of the close of business on the date thereof or at such other time as to which the parties hereto may agree ("Effective Time"). If, immediately before the Valuation Time, (a) the New York Stock Exchange is closed to trading or trading thereon is restricted or (b) trading or the reporting of trading on that exchange or elsewhere is disrupted, so that accurate appraisal of the value of the Assets and Liabilities and the NAV of an Acquiring Fund Share is impracticable, the Effective Time shall be postponed until the first business day after the day when such trading has fully resumed and such reporting has been restored.

Appears in 2 contracts

Samples: Agreement and Plan of Reorganization (Hartford Money Market HLS Fund Inc), Agreement and Plan of Reorganization (Hartford Money Market HLS Fund Inc)

AutoNDA by SimpleDocs

Closing and Effective Time. 3.1. The Reorganization, together with related acts necessary to consummate the same ("Closing"), shall occur at the offices of Dorsey & Whitney LLP, 50 South Sixth Street, Minneapolis, Minnesota 55400, xx or xxxxx Xpril 30, 0000, xx xx xxxx xxxxx xxxxx xxx/xx xx xxxx xxxxr date as to which the parties hereto Investment Companies may agree. All acts taking place at the Closing shall be deemed to take place simultaneously as of the close of business on the date thereof or at such other time as to which the parties hereto Investment Companies may agree ("Effective Time"). If, immediately before the Valuation Time, (a) the New York Stock Exchange is closed to trading or trading thereon is restricted or (b) trading or the reporting of trading on that exchange or elsewhere is disrupted, so that accurate appraisal of the value of the Assets and Liabilities and the NAV of an Acquiring Fund Share is impracticable, the Effective Time shall be postponed until the first business day after the day when such trading has fully resumed and such reporting has been restored.

Appears in 1 contract

Samples: Agreement and Plan of Reorganization (Hartford Series Fund Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.