Common use of Effective Date and Time Clause in Contracts

Effective Date and Time. Upon the Closing, the parties shall file with the Secretary of State of the State of Minnesota appropriate articles of merger or other appropriate documents (in any such case, the "Articles of Merger") executed in accordance with the relevant provisions of the MBCA and shall make all other filings, recordings or publications required under the MBCA in connection with the Merger. The Merger shall become effective as of the date and time of such filings or such other time after such filings as the parties hereto shall agree to in the Articles of Merger (the "Effective Time"). The date on which the Effective Time shall occur is referred to as the "Effective Date."