Effectiveness of Agreement; Term. (a) The term of this Agreement shall commence on the date that Noble completes a Qualified IPO, and shall end on the first anniversary of a Change in Control. For purposes of this Section 2, a “Qualified IPO” shall have the meaning ascribed to such term in the Fifth Amended and Restated Limited Liability Company Operating Agreement, dated as of August 15, 2008, of Noble Environmental Power, LLC, as amended from time to time (the “Fifth Amended and Restated LLC Agreement”).
Effectiveness of Agreement; Term. This Agreement shall become effective on the consummation of the IPO ("the Effective Date"), but shall be void and of no further effect if the IPO has not been consummated by December 31, 1999. The term of Executive's employment pursuant to this Agreement shall be for the period from and including the Effective Date until and including the fourth anniversary of the Effective Date, and for additional, consecutive one-year periods thereafter, all unless earlier terminated as provided in Section 8, below.
Effectiveness of Agreement; Term. (a) This Agreement shall become effective as to any particular Fund on the date of the Funds execution of Schedule I as provided in Section 17 hereof.
Effectiveness of Agreement; Term. (a) This Agreement shall be effective as of the date set forth on the first page and shall apply to acts or omissions of Indemnitee which occurred prior to such date if Indemnitee was an officer, director, employee or other agent of the Company or any Subsidiary, or was serving at the request of the Company or any Subsidiary as a director, officer, employee or agent of another corporation, partnership, joint venture, trust or other enterprise, at the time such act or omission occurred.
Effectiveness of Agreement; Term. This Agreement shall become effective at the Acquisition Effective Time on the Closing Date (as defined in the Merger Agreement) (the “Effective Date”). If the Merger Agreement is terminated in accordance with its terms or otherwise and, consequently, the Acquisition Effective Time and the Closing Date does not occur, at the time of such termination this Agreement shall be null and void ab initio and of no force or effect. Upon the occurrence of the Acquisition Effective Time, the Company hereby agrees to employ the Executive, and the Executive hereby agrees to serve the Company, the Partnership, and Glimcher LP, subject to the terms and conditions of this Agreement, for the period commencing on the Effective Date and ending on the fifth annual anniversary of the Effective Date (the “Employment Period”); provided, that, on the fifth annual anniversary of the Effective Date and each annual anniversary of such date thereafter (such date and each annual anniversary thereof, a “Renewal Date”), unless previously terminated in accordance with the provisions of Section 3 hereof, the Employment Period shall be automatically extended so as to terminate one year from such Renewal Date unless, at least 120 days prior to the Renewal Date, either party shall give written notice to the other that the Employment Period shall not be so extended. If the Employment Period is terminated by reason of the Company giving written notice of non-renewal in accordance with this Section 1, such termination shall constitute a termination of the Executive’s employment without Cause as provided under the Severance Benefits Agreement, by and between the Executive and the Company, dated as of June 11, 1997, as amended April 1, 2011 and as further amended as of the date hereof (the “Severance Benefits Agreement”).
Effectiveness of Agreement; Term. Except for the provisions of this Section 2.1 and Sections 2.2, 5.1, 5.2, 5.3 and 6.2, and Articles XI and XVIII, which shall become effective immediately upon execution and delivery of this Agreement, this Agreement shall commence and be effective on the date of Financial Closing (the “ Effective Date ”), and shall, unless terminated earlier in accordance with the terms of the Letter of Support or this Agreement, continue in full force and effect until the 25th anniversary of the Commercial Operations Date (the “ Term”), as such date may be extended pursuant to Section 2.2(b) of the Power Purchase Agreement.
Effectiveness of Agreement; Term. Except for the provisions of this Section 2.1 (Effectiveness of Agreement; Term), Sections
Effectiveness of Agreement; Term. Except for the provisions of Article I (Definitions), Article II (Term), Article IV (Acquisition of Site, Transportation and Consents), Section 5.1 (Support to Obtain Seller Consents), Section 5.2 (Conditions to Seller Consents), Section 5.3 (Support for Obligations), Section 5.5 (Immigration Controls), Section 6.2 (Construction, Operation, and Maintenance of Complex; Appointment of Contractors), Article XI (Assignment and Security), Article XVII (Guarantee) and Article XVIII (Miscellaneous Provisions), which shall become effective immediately upon execution and delivery of this Agreement, this Agreement shall commence and be effective in its entirety on the date of Financial Closing (the “Effective Date”). Unless terminated earlier in accordance with the terms of the Letter of Support or Article XIV (Termination), as the case may be, this Agreement shall continue in full force and effect for a term equal to the “Term” (as defined in the Energy Purchase Agreement) of the Energy Purchase Agreement (the “Term”).
Effectiveness of Agreement; Term. (a) The term of this Agreement shall commence on the date that Noble completes an Initial Public Offering, and shall end on the first anniversary of a Change in Control. For purposes of this Section 2(a), an “
Effectiveness of Agreement; Term. Subject to earlier termination as hereinafter provided, Executive will be employed by the Company and one of its subsidiaries (including WUP) for a period commencing on October 2, 2023 (the “Effective Date”) and ending on the date Executive’s employment with Company terminates in accordance with Section 5 (such period, the “Term”). The Company has appointed Executive as a full member of the Board of Directors of the Company (the “Board”) and Executive will remain a full member of the Board with all rights and privileges during the entire Term. Executive acknowledges and agrees that he will not receive any additional compensation in connection with his service on the Board.
