{"component": "clause", "props": {"groups": [{"snippet_links": [{"key": "this-agreement", "type": "clause", "offset": [4, 18]}, {"key": "amendment-and-restatement-of-the-original", "type": "clause", "offset": [47, 88]}, {"key": "placement-agreement", "type": "definition", "offset": [89, 108]}, {"key": "a-notice", "type": "definition", "offset": [114, 122]}, {"key": "registration-of-the-notes", "type": "clause", "offset": [140, 165]}, {"key": "stock-exchange", "type": "definition", "offset": [213, 227]}, {"key": "other-filings", "type": "definition", "offset": [246, 259]}, {"key": "for-the-purpose-of", "type": "definition", "offset": [325, 343]}, {"key": "trust-deed", "type": "clause", "offset": [392, 402]}, {"key": "exhibit-1", "type": "definition", "offset": [464, 473]}, {"key": "original-conditions", "type": "definition", "offset": [523, 542]}, {"key": "in-accordance-with", "type": "definition", "offset": [574, 592]}, {"key": "exhibit-2", "type": "definition", "offset": [621, 630]}, {"key": "obligations-and-liabilities-to-be-assumed", "type": "clause", "offset": [743, 784]}, {"key": "issue-documents", "type": "definition", "offset": [799, 814]}, {"key": "in-connection-with", "type": "clause", "offset": [815, 833]}, {"key": "the-assumption", "type": "clause", "offset": [834, 848]}, {"key": "exhibit-3", "type": "definition", "offset": [882, 891]}, {"key": "in-the-aggregate", "type": "definition", "offset": [924, 940]}, {"key": "fixed-rate", "type": "definition", "offset": [1052, 1062]}, {"key": "seventh-anniversary", "type": "definition", "offset": [1095, 1114]}, {"key": "the-effective-date", "type": "clause", "offset": [1118, 1136]}, {"key": "amended-and-restated-certificate", "type": "clause", "offset": [1143, 1175]}, {"key": "obligations-under-the", "type": "clause", "offset": [1187, 1208]}, {"key": "original-issue", "type": "definition", "offset": [1209, 1223]}, {"key": "as-amended", "type": "definition", "offset": [1235, 1245]}, {"key": "the-spv", "type": "clause", "offset": [1306, 1313]}, {"key": "the-pre", "type": "clause", "offset": [1326, 1333]}, {"key": "closing-liabilities", "type": "definition", "offset": [1334, 1353]}, {"key": "for-the-avoidance-of-doubt", "type": "clause", "offset": [1355, 1381]}, {"key": "the-noteholders", "type": "clause", "offset": [1418, 1433]}, {"key": "as-consideration-for-the", "type": "clause", "offset": [1445, 1469]}, {"key": "set-out", "type": "definition", "offset": [1562, 1569]}], "samples": [{"hash": "d0zCZT4LOB7", "uri": "/contracts/d0zCZT4LOB7#on-the-effective-date", "label": "Assumption Agreement (S.B. 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For the avoidance of doubt, no funds shall be transferred from the Noteholders to the SPV as consideration for the Assumption; and\n(g) All Original Issue Documents will be amended and restated in the manner set out herein.", "size": 1, "hash": "384fdde8b3362b530a1e236de5bcb8ce", "id": 6}, {"snippet_links": [{"key": "section-11-of-the-credit-agreement", "type": "clause", "offset": [0, 35]}, {"key": "the-definition-of", "type": "definition", "offset": [67, 84]}], "samples": [{"hash": "fVJJzSuId0t", "uri": "/contracts/fVJJzSuId0t#on-the-effective-date", "label": "Credit Agreement (Rohn Industries Inc)", "score": 18.0, "published": true}], "snippet": "Section 1.1 of the Credit Agreement is further amended by deleting the definition of \"Level\" from such Section in its entirety and replacing it as follows:", "size": 1, "hash": "35c900c009920f1f6ac642f75795c984", "id": 9}, {"snippet_links": [{"key": "section-11-of-the-credit-agreement", "type": "clause", "offset": [0, 35]}, {"key": "the-definition-of", "type": "definition", "offset": [67, 84]}, {"key": "revolving-commitment-amount", "type": "clause", "offset": [86, 113]}, {"key": "from-time-to-time", "type": "clause", "offset": [237, 254]}, {"key": "section-61", "type": "clause", "offset": [267, 278]}, {"key": "this-agreement", "type": "clause", "offset": [282, 296]}], "samples": [{"hash": "klu8jw5dzK2", "uri": "/contracts/klu8jw5dzK2#on-the-effective-date", "label": "Credit Agreement (Rohn Industries Inc)", "score": 16.0, "published": true}], "snippet": "Section 1.1 of the Credit Agreement is further amended by deleting the definition of \"Revolving Commitment Amount\" in its entirety and replacing it as follows: Revolving Commitment Amount means $23,000,000, as such amount may be reduced from time to time pursuant to Section 6.1 of this Agreement.", "size": 2, "hash": "4a235c99b2f75936de89e2a3d2d19a71", "id": 4}, {"snippet_links": [{"key": "amalgamating-corporations", "type": "clause", "offset": [8, 33]}, {"key": "the-terms-and-conditions", "type": "definition", "offset": [79, 103]}, {"key": "in-this-agreement", "type": "clause", "offset": [115, 132]}, {"key": "amounts-receivable", "type": "definition", "offset": [158, 176]}, {"key": "related-security", "type": "definition", "offset": [238, 254]}, {"key": "subject-to", "type": "definition", "offset": [279, 289]}, {"key": "the-property", "type": "clause", "offset": [333, 345]}, {"key": "the-contracts", "type": "clause", "offset": [419, 432]}, {"key": "obligations-of-each", "type": "clause", "offset": [457, 476]}, {"key": "rights-of-creditors", "type": "clause", "offset": [549, 568]}, {"key": "the-properties", "type": "definition", "offset": [577, 591]}, {"key": "the-amalgamation", "type": "clause", "offset": [781, 797]}, {"key": "all-debts", "type": "clause", "offset": [802, 811]}, {"key": "duties-of", "type": "clause", "offset": [840, 849]}, {"key": "no-action-or-proceeding", "type": "clause", "offset": [1014, 1037]}, {"key": "affected-by", "type": "definition", "offset": [1106, 1117]}, {"key": "in-favour-of", "type": "definition", "offset": [1192, 1204]}], "samples": [{"hash": "lgfUzuxJXWl", "uri": "/contracts/lgfUzuxJXWl#on-the-effective-date", "label": "Definitive Agreement (Graph Blockchain Inc)", "score": 29.887063655, "published": true}, {"hash": "1FenrZOU2rO", "uri": "/contracts/1FenrZOU2rO#on-the-effective-date", "label": "Definitive Qualifying Transaction Agreement", "score": 25.302532512, "published": true}], "snippet": "(a) The Amalgamating Corporations are amalgamated and continue as Amalco under the terms and conditions prescribed in this Agreement;\n(b) All liabilities and amounts receivable owed by each Amalgamating Corporation to each other, and any related security, will be cancelled;\n(c) Subject to Subsection 1.3(b), Amalco will possess all the property, rights, assets, privileges and franchises and will be subject to all of the contracts, liabilities, debts and obligations of each of the Amalgamating Corporations;\n(d) Subject to Subsection 1.3(b), all rights of creditors against the properties, rights, assets, privileges and franchises of each Amalgamating Corporation and all liens upon their respective properties, rights, assets, privileges and franchises, will be unimpaired by the Amalgamation and all debts, contracts, liabilities and duties of each Amalgamating Corporation will, from and after the date upon which the Amalgamation becomes effective, attach to Amalco and may be enforced against it; and\n(e) No action or proceeding by or against any of the Amalgamating Corporations will \u2587\u2587\u2587\u2587\u2587 or be affected by the Amalgamation, and any conviction against, or ruling under, a judgment in favour of or against, an Amalgamating Corporation may be enforced by or against Amalco.", "size": 3, "hash": "f529704625080a35c1d05cc9415a1086", "id": 1}, {"snippet_links": [{"key": "scheme-shares", "type": "definition", "offset": [16, 29]}, {"key": "in-consideration-for", "type": "clause", "offset": [48, 68]}, {"key": "cancellation-consideration", "type": "definition", "offset": [95, 121]}, {"key": "rsu-trustee", "type": "definition", "offset": [131, 142]}, {"key": "the-scheme", "type": "clause", "offset": [206, 216]}, {"key": "offeror-concert-parties", "type": "definition", "offset": [232, 255]}, {"key": "disinterested-shareholders", "type": "definition", "offset": [260, 286]}, {"key": "founder-group", "type": "definition", "offset": [303, 316]}, {"key": "price-per", "type": "definition", "offset": [394, 403]}], "samples": [{"hash": "jy7UY3VTD1k", "uri": "/contracts/jy7UY3VTD1k#on-the-effective-date", "label": "Implementation Agreement", "score": 26.9589322382, "published": true}, {"hash": "jvptaVGS1OV", "uri": "/contracts/jvptaVGS1OV#on-the-effective-date", "label": "Consortium Agreement", "score": 24.9575633128, "published": true}], "snippet": "(a) the Founder Scheme Shares will be cancelled in consideration for the Founder Scheme Shares Cancellation Consideration; (b) the RSU Trustee Scheme Shares will be cancelled for nil consideration; and (c) the Scheme Shares held by Offeror Concert Parties and Disinterested Shareholders (other than the Founder Group and the RSU Trustee) will be cancelled in consideration for the Cancellation Price per Scheme Share.", "size": 2, "hash": "41c8e333fa97be61cbd13299dbcff24e", "id": 2}, {"snippet_links": [{"key": "section-11-of-the-credit-agreement", "type": "clause", "offset": [0, 35]}, {"key": "the-definition-of", "type": "definition", "offset": [67, 84]}, {"key": "revolving-commitment-amount", "type": "clause", "offset": [86, 113]}], "samples": [{"hash": "4Vh0AkoasRB", "uri": "/contracts/4Vh0AkoasRB#on-the-effective-date", "label": "Credit Agreement (Rohn Industries Inc)", "score": 18.0, "published": true}], "snippet": "Section 1.1 of the Credit Agreement is further amended by deleting the definition of \"Revolving Commitment Amount\" in its entirety and replacing it as follows:", "size": 2, "hash": "3ff037cf84ebf073e1c29013f1af09f7", "id": 3}, {"snippet_links": [{"key": "in-this-agreement", "type": "clause", "offset": [20, 37]}, {"key": "will-provide", "type": "clause", "offset": [46, 58]}, {"key": "services-to-the-company", "type": "clause", "offset": [70, 93]}, {"key": "after-the-effective-date", "type": "clause", "offset": [94, 118]}], "samples": [{"hash": "bkIfCwB9Xvr", "uri": "/contracts/bkIfCwB9Xvr#on-the-effective-date", "label": "Consulting Agreement (PSS World Medical Inc)", "score": 18.0, "published": true}], "snippet": "As provided further in this Agreement, \u2587\u2587\u2587\u2587\u2587\u2587 will provide consulting services to the Company after the Effective Date.", "size": 1, "hash": "0ecd6a7fe67a8a9f18850f0e5f52628c", "id": 5}, {"snippet_links": [{"key": "consultant-shall", "type": "clause", "offset": [0, 16]}, {"key": "the-company-hereby", "type": "clause", "offset": [87, 105]}, {"key": "agrees-to", "type": "clause", "offset": [106, 115]}, {"key": "duties-and-responsibilities", "type": "clause", "offset": [216, 243]}, {"key": "in-accordance-with", "type": "definition", "offset": [245, 263]}, {"key": "the-terms", "type": "definition", "offset": [264, 273]}, {"key": "conditions-and-provisions", "type": "clause", "offset": [275, 300]}, {"key": "in-consideration-for", "type": "clause", "offset": [324, 344]}, {"key": "in-this-agreement", "type": "clause", "offset": [365, 382]}, {"key": "hereby-waives", "type": "clause", "offset": [395, 408]}, {"key": "participation-in-the-plan", "type": "clause", "offset": [421, 446]}, {"key": "after-the-effective-date", "type": "clause", "offset": [488, 512]}, {"key": "section-44", "type": "clause", "offset": [555, 566]}, {"key": "to-apply", "type": "clause", "offset": [594, 602]}, {"key": "to-consultant", "type": "definition", "offset": [603, 616]}, {"key": "the-actions", "type": "clause", "offset": [631, 642]}, {"key": "benefits-under-this-agreement", "type": "clause", "offset": [656, 685]}, {"key": "require-the", "type": "clause", "offset": [686, 697]}, {"key": "additional-payments", "type": "definition", "offset": [698, 717]}, {"key": "interest-and-penalties", "type": "definition", "offset": [779, 801]}, {"key": "related-to", "type": "clause", "offset": [826, 836]}, {"key": "an-event", "type": "clause", "offset": [837, 845]}, {"key": "by-the-company", "type": "clause", "offset": [882, 896]}, {"key": "net-after", "type": "definition", "offset": [910, 919]}, {"key": "tax-basis", "type": "clause", "offset": [920, 929]}, {"key": "income-and-employment-taxes", "type": "clause", "offset": [1024, 1051]}], "samples": [{"hash": "dQSyrWAFAZd", "uri": "/contracts/dQSyrWAFAZd#on-the-effective-date", "label": "Consulting Agreement (Fore Systems Inc /De/)", "score": 16.0, "published": true}], "snippet": "Consultant shall retire from the ----------- Company. Notwithstanding that retirement, the Company hereby agrees to engage Consultant, and Consultant hereby accepts such engagement and agrees to perform Consultant's duties and responsibilities, in accordance with the terms, conditions and provisions hereinafter set forth. In consideration for the terms set forth in this Agreement, Consultant hereby waives any further participation in the Plan which shall no longer apply to him on or after the Effective Date provided, however, that the provisions of Section 4.4 of the Plan shall continue to apply to Consultant should any of the actions, payments or benefits under this Agreement require the additional payments called for by that Section; and, provided, further, that any interest and penalties imposed upon Consultant related to an event under that Section shall be covered by the Company as well on a net after-tax basis to Consultant assuming he is in the highest marginal tax bracket for Federal, state and local income and employment taxes.", "size": 1, "hash": "6a1dc9addd6cfb29893c9828db71b20c", "id": 7}, {"snippet_links": [{"key": "section-11-of-the-credit-agreement", "type": "clause", "offset": [0, 35]}, {"key": "the-definition-of", "type": "definition", "offset": [67, 84]}, {"key": "fixed-charges", "type": "clause", "offset": [86, 99]}], "samples": [{"hash": "fVJJzSuId0t", "uri": "/contracts/fVJJzSuId0t#on-the-effective-date", "label": "Credit Agreement (Rohn Industries Inc)", "score": 18.0, "published": true}], "snippet": "Section 1.1 of the Credit Agreement is further amended by deleting the definition of \"Fixed Charges\" from such Section in its entirety and replacing it as follows:", "size": 1, "hash": "f0af686f78cfb403b653f6f254bc9cbf", "id": 8}, {"snippet_links": [{"key": "other-minerals", "type": "definition", "offset": [20, 34]}, {"key": "after-the-effective-date", "type": "clause", "offset": [51, 75]}, {"key": "the-interests", "type": "clause", "offset": [96, 109]}, {"key": "the-property", "type": "clause", "offset": [119, 131]}, {"key": "capital-costs", "type": "definition", "offset": [150, 163]}, {"key": "lease-rentals", "type": "definition", "offset": [165, 178]}, {"key": "other-sums", "type": "clause", "offset": [211, 221]}, {"key": "including-without-limitation", "type": "clause", "offset": [223, 251]}, {"key": "overriding-royalty", "type": "definition", "offset": [268, 286]}, {"key": "excise-taxes", "type": "definition", "offset": [334, 346]}, {"key": "expenses-and", "type": "clause", "offset": [417, 429]}, {"key": "prior-to-the-effective-date", "type": "clause", "offset": [482, 509]}, {"key": "the-obligation-of-seller", "type": "clause", "offset": [518, 542]}, {"key": "obligation-of-purchaser", "type": "clause", "offset": [825, 848]}, {"key": "at-the-closing", "type": "definition", "offset": [850, 864]}, {"key": "the-purchase-price", "type": "clause", "offset": [866, 884]}, {"key": "income-and-expenses", "type": "clause", "offset": [914, 933]}, {"key": "allocated-to", "type": "definition", "offset": [968, 980]}, {"key": "the-purchaser", "type": "definition", "offset": [981, 994]}, {"key": "the-seller", "type": "clause", "offset": [998, 1008]}, {"key": "in-accordance-with", "type": "definition", "offset": [1009, 1027]}, {"key": "section-5", "type": "clause", "offset": [1051, 1060]}, {"key": "approved-value", "type": "definition", "offset": [1134, 1148]}, {"key": "gas-imbalances", "type": "definition", "offset": [1156, 1170]}, {"key": "in-existence", "type": "definition", "offset": [1211, 1223]}, {"key": "as-of-the-effective-date", "type": "clause", "offset": [1224, 1248]}, {"key": "after-the-closing", "type": "clause", "offset": [1274, 1291]}, {"key": "seller-and-purchaser", "type": "clause", "offset": [1293, 1313]}, {"key": "in-good-faith", "type": "definition", "offset": [1320, 1333]}, {"key": "the-final", "type": "clause", "offset": [1345, 1354]}, {"key": "closing-settlement-statement", "type": "definition", "offset": [1360, 1388]}, {"key": "operation-of-the", "type": "clause", "offset": [1400, 1416]}, {"key": "subsequent-to-the-effective-date", "type": "clause", "offset": [1427, 1459]}, {"key": "applicable-agreements", "type": "definition", "offset": [1535, 1556]}, {"key": "accounting-practices", "type": "definition", "offset": [1612, 1632]}, {"key": "reasonable-and-customary", "type": "definition", "offset": [1633, 1657]}, {"key": "oil-and-gas-industry", "type": "definition", "offset": [1669, 1689]}], "samples": [{"hash": "9hdGua32L50", "uri": "/contracts/9hdGua32L50#on-the-effective-date", "label": "Purchase and Sale Agreement (Trek Resources Inc)", "score": 13.0, "published": true}], "snippet": "All oil and gas and other minerals produced on and after the Effective Date and attributable to the Interests shall be the property of Purchaser. All capital costs, lease rentals, shut-in royalties, overhead or other sums, including without limitation all royalty and overriding royalty and production, severance, windfall profit and excise taxes attributable to the Interests and all direct, out-of-pocket operating expenses and overhead attributable to the Interests and accruing prior to the Effective Date will be the obligation of Seller. All capital costs, lease rentals, shut-in royalties, overhead or other sums, including without limitation all royalty and overriding royalty and production, severance, windfall profit and excise taxes attributable to the Interests and accruing after the Effective Date will be the obligation of Purchaser. At the Closing, the Purchase Price shall be adjusted to reflect income and expenses attributable to the Interests and allocated to the Purchaser or the Seller in accordance with the provisions of this Section 5, and the Purchase Price will further be adjusted to reflect the mutually approved value of any gas imbalances attributable to the Interests which are in existence as of the Effective Date. Within ninety (90) days after the Closing, Seller and Purchaser shall in good faith agree upon the final post-closing settlement statement to reflect operation of the Interests subsequent to the Effective Date. All adjustments under this Section 5 shall be made in accordance with the applicable agreements and in the absence thereof in accordance with standard accounting practices reasonable and customary within the oil and gas industry.", "size": 1, "hash": "bdc9224c3585cf31b54aaae94acda897", "id": 10}], "next_curs": "Cl4SWGoVc35sYXdpbnNpZGVyY29udHJhY3RzcjoLEhZDbGF1c2VTbmlwcGV0R3JvdXBfdjU2Ih5vbi10aGUtZWZmZWN0aXZlLWRhdGUjMDAwMDAwMGEMogECZW4YACAA", "clause": {"title": "On the Effective Date", "parents": [["amendment-to-credit-agreement", "AMENDMENT TO CREDIT AGREEMENT"], ["facsimile-signatures", "Facsimile Signatures"], ["completion", "Completion"], ["miscellaneous", "Miscellaneous"], ["waivers", "Waivers"]], "children": [["conversion-of-seller-shares", "Conversion of Seller Shares"], ["fractional-shares", "Fractional Shares"]], "size": 28, "id": "on-the-effective-date", "related": [["conditions-to-the-effective-date", "Conditions to the Effective Date", "Conditions to the Effective Date"], ["conditions-precedent-to-the-effective-date", "Conditions Precedent to the Effective Date", "Conditions Precedent to the Effective Date"], ["effect-effective-date", "Effect; Effective Date", "Effect; Effective Date"], ["restatement-effective-date", "Restatement Effective Date", "Restatement Effective Date"], ["contract-effective-date", "Contract Effective Date", "Contract Effective Date"]], "related_snippets": [], "updated": "2025-07-07T12:37:48+00:00", "also_ask": ["What key events or conditions should trigger the Effective Date for maximum strategic advantage?", "How can parties negotiate flexibility or certainty around the Effective Date to mitigate risk?", "What drafting elements are essential to avoid ambiguity or disputes over the Effective Date?", "How do courts interpret and enforce clauses tied to the Effective Date in case of conflicting contract terms?", "How does the definition of Effective Date in this agreement compare to industry standards or statutory requirements?"], "drafting_tip": "Specify the exact Effective Date, clarify any conditions precedent, and define its legal consequences to prevent disputes and ensure clarity of obligations.", "explanation": "The \"On the Effective Date\" clause establishes the specific point in time when the rights, obligations, and terms of an agreement become legally binding on the parties involved. Typically, this clause clarifies that all provisions of the contract take effect from the date specified as the \"Effective Date,\" regardless of when the contract is actually signed. This ensures that both parties have a clear understanding of when their responsibilities commence, preventing disputes about the timing of contractual obligations and providing certainty regarding the enforceability of the agreement."}, "json": true, "cursor": ""}}