Effective Date of the Sale Sample Clauses

Effective Date of the Sale. In the event that the Closing is -------------------------- consummated, the parties hereto agree that the purchase and sale of the Securities shall be accounted for as if such transactions had occurred prior to the opening of business on January 1, 1998 (the "Effective Date"), regardless of when the Closing in fact occurs. In the event that the Closing is consummated, the Buyer shall realize any operating profit or loss from the operation of the business of the Acquired Company after the Effective Date. Accordingly, the Sellers agree to consult the Buyer on any material issues or contracts that relate to a period of time beyond the Effective Date. Furthermore, the Sellers agree not to enter into any new capital obligations or capital expenditures which relate to the Acquired Company prior to the Closing.
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Effective Date of the Sale. The parties hereto agree that the -------------------------- purchase and sale of the Stock shall be accounted for as if such transactions had occurred prior to the opening of business on April 1, 1997 (the "Effective Date"), regardless of when the Closing in fact occurs. The Buyer shall realize any operating profit or loss from the operation of the business of the Corporation after the Effective Date. Accordingly, the Sellers agree to consult the Buyer on any material issues or contracts which relate to a period of time beyond the Effective Date. Furthermore, the Sellers agree not to enter into any new capital obligations or capital expenditures which relate to the Corporation prior to the Closing.
Sample 1
Effective Date of the Sale. The parties hereto agree that the purchase -------------------------- and sale of the Assets and the assumption of the Assumed Liabilities shall be accounted for as if such transactions had occurred at the end of business on August 28, 1998 (the "Effective Date") regardless of when the Closing in fact occurs. The Buyer shall realize any operating profit or loss from the operation of the Business of the Seller after the Effective Date. Accordingly, the Seller agrees to consult the Buyer on any material issues or contracts which relate to a period of time beyond the Effective Date. Furthermore, the Seller agrees not to enter into any new capital obligations or capital expenditures which relate to the Business prior to the Closing Date.
Sample 1
Effective Date of the Sale. The parties hereto agree that the Closing of the Acquisition shall be conditioned upon Surge and the Seller subsequently obtaining the required vote of their Shareholders at special meetings of shareholders (the "Special Meetings"), which shall be deemed the "Effective Date." The parties to this Agreement hereby agree to file with the Securities and Exchange Commission (the "SEC"), a joint proxy statement/prospectus to Seller's and Surge's shareholders as soon as possible following the Closing and use their best efforts to have it declared effective by the SEC promptly and thereafter hold the Special Meeting as soon as legally permitted to do so.
Sample 1
Effective Date of the Sale. The parties hereto agree that the purchase and sale of the Stock shall be accounted for as if such transactions had occurred prior to the opening of business on the Closing Date (the “Effective Date”) regardless of when the Closing in fact occurs. The Purchaser shall realize any operating profit or loss from the operation of the business of the Seller after the Effective Date, except as set forth on Schedule 3(b) attached hereto.
Sample 1

Related to Effective Date of the Sale

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

  • 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 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 of Agreement The provisions of the agreement will come into full force and effect on the date of ratification, unless specified otherwise.

  • Effective Date The obligations of the Lenders to make Loans and of the Issuing Bank to issue Letters of Credit hereunder shall not become effective until the date on which each of the following conditions is satisfied (or waived in accordance with Section 9.02):

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