Effective Date of the Exchange Sample Clauses

Effective Date of the Exchange. Articles of exchange evidencing the transactions contemplated herein shall be delivered to the Delaware Secretary of State for filing. The exchange shall be effective at the time and on the date on which the Articles of Exchange are filed with the Delaware Secretary of State. (such date and time being herein referred to as the "effective date").
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Effective Date of the Exchange. The exchange shall become effective on the date of execution.
Sample 1
Effective Date of the Exchange. Subject to the satisfaction of all of the conditions set forth in Section 8 below, the Exchange shall initially become effective upon the consummation of the Initial Closing and upon the latter date of (i) the filing of the Amendment with the Secretary of State of Delaware or (ii) the date any requisite filing is made with the Commonwealth of Massachusetts. East Coast and Psy-Ed agree to use their best efforts to cause such filings to occur as promptly as practicable following the Initial Closing. As used herein, the term "Effective Date" shall mean the date upon which the Amendment is filed by the Secretary of State of Delaware or the filing of any required certificate or document with the Commonwealth of Massachusetts, whichever is the last to occur. Following the Effective Date, the Exchange shall continue until either (x) the aggregate amount of Psy-Ed Common Shares delivered to East Coast represent at least eighty (80%) percent of the total combined voting power of all classes of Psy-Ed capital stock outstanding and eighty (80%) percent of the total number of all classes of Psy-Ed capital stock outstanding in order that the Exchange qualify as a tax free reorganization under Section 368 of the Code, and at which time, the parties shall hold a "Final Closing", or (y) until February 2, 2004.
Sample 1
Effective Date of the Exchange. The Exchange shall become effective when the Secretary of State of Delaware and the Registrar of Companies for England &Wales, respectively, file duly executed Certificates of Exchange pursuant to the provisions of their respective laws. AutoC and Autocarbon LTD agree to use their best efforts to cause such filings to occur as promptly as practicable following the Closing Date. As used herein, the term "Effective Date" shall mean the date upon which the Certificate of Exchange is filed by the Secretary of State of Delaware or theregistrar of Companies of England & Wales, whichever is the later to occur.
Sample 1

Related to Effective Date of the Exchange

  • Effective Date of the Merger The Merger shall become effective when a properly executed Certificate of Merger is duly filed with the Secretary of State of the State of Delaware, which filing shall be made concurrently with the closing of the transaction contemplated by this Agreement in accordance with Section 1.12. When used in this Agreement, the term "Effective Date" shall mean the date and time at which such Certificate of Merger is so filed or at such time thereafter as is provided in such Certificate of Merger.

  • Effective Date of the Agreement The date indicated in the Agreement on which it becomes effective, but if no such date is indicated, it means the date on which the Agreement is signed and delivered by the last of the two parties to sign and deliver.

  • Effective Date of Amendment This Amendment shall be deemed effective as of the date first written above, as if executed on such date.

  • Effective Date; Duration This Agreement shall become effective when signed by both parties and approved by the City’s legal counsel. Unless sooner terminated, this Agreement shall expire on June 30, 2019. Termination or expiration shall not extinguish or prejudice the City’s right to enforce this Agreement with respect to any default or defect in performance that has not been cured.

  • Effective Date of Increase Price increases shall be effective upon final approval by the State, and may not be posted on the pricelist prior to receipt of final approval.

  • Effective Date; Termination Section 6.01. The following events are specified as additional conditions to the effectiveness of the Development Credit Agreement within the meaning of Section 12.01 (b) of the General Conditions:

  • Effective April 7, 2019, the School Division will provide each teacher assigned work for five hours or longer a thirty (30) minute rest period during each five (5) hours worked.

  • Effective Date; Term This Agreement shall become effective on the date first written above and shall remain in force for a period of time of two years from such date, and from year to year thereafter but only so long as such continuance is specifically approved at least annually by the vote of a majority of the Trustees who are not interested persons of the Fund, the Adviser or the Sub-Adviser, cast in person at a meeting called for the purpose of voting on such approval, and by a vote of the Board of Trustees or of a majority of the outstanding voting securities of the Series. The aforesaid requirement that this Agreement may be continued "annually" shall be construed in a manner consistent with the 1940 Act and the rules and regulations thereunder.

  • Effective December 31, 1993 and annually thereafter, the total monthly payment of LTIP under the Plan shall be increased by up to 2.5% based on the average annual increase in the Ontario Consumer Price Index (CPI) as published by Statistics Canada each January.

  • EFFECTIVE DATE OF CONTRACT This contract shall not become effective until and unless approved by the City of Nashua.

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