Effectiveness of the Acquisition. Ryerson, Ryerson & Son and Ryerson Canada shall have no rights, liabilities or obligations hereunder until the consummation of the Acquisition and any representations and warranties of Ryerson, Ryerson & Son and Ryerson Canada hereunder shall not become effective until such time. Upon consummation of the Acquisition, Ryerson, Ryerson & Son and Ryerson Canada shall succeed to all the rights and obligations of Rhombus Merger Corporation under this Agreement and all representations and warranties of Ryerson, Ryerson & Son and Ryerson Canada shall become effective as of the Closing Date, without any further action by any Person.
Effectiveness of the Acquisition. The Parent Borrower and the Co-Borrower shall have no rights or obligations hereunder until the consummation of the Acquisition, and any representations and warranties of the Parent Borrower or the Co-Borrower hereunder shall not become effective until such time. Upon consummation of the Acquisition, the Parent Borrower and the Co-Borrower shall succeed to all the rights and obligations of the Initial Borrower under this Agreement and the other Loan Documents to which it is a party and all representations and warranties of the Parent Borrower and the Co-Borrower shall become effective as of the date hereof, without any further action by any Person.
Effectiveness of the Acquisition. Acquired Company shall have no rights or obligations hereunder until the consummation of the Acquisition and any representations and warranties of Acquired Company and its Subsidiaries hereunder shall not become effective until such time. Upon consummation of the Acquisition, all representations and warranties of Acquired Company shall become effective as of the date hereof, without any further action by any Person.
Effectiveness of the Acquisition. The Acquisition shall have been effected (or is simultaneously effected, in the case of the Closing).
Effectiveness of the Acquisition. The Target shall have no rights or obligations hereunder until the consummation of the Acquisition and its merger with and into Merger Sub and any representations and warranties of the Target hereunder (other than the representations made pursuant to clause (a) of the definition of Specified Representations) shall not become effective until such time. Upon consummation of the Acquisition, the Target shall succeed to all the rights and obligations of Merger Sub under this Agreement and the other Loan Documents to which it is a party and all representations and warranties of the Target shall become effective as of the date hereof, without any further action by any Person.
