Consummation definition

Consummation means the occurrence of the Effective Date.

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Consummation means the completion of the final act necessary to complete a transaction as a matter of law, including, but not limited to, any required approvals by the corporation's shareholders and board of directors, the transfer of legal and beneficial title to securities or assets and the final approval of the transaction by any applicable domestic or foreign governments or governmental agencies.

Consummation or “Consummated” means the occurrence of the Effective Date.

Examples of Consummation in a sentence

In the event that certain deposits held in the Trust Account may not be liquidated by the Consummation Date without penalty, you will notify the Company in writing of the same and the Company shall direct you as to whether such funds should remain in the Trust Account and be distributed after the Consummation Date to the Company.
In accordance with the terms of the Trust Agreement, we hereby authorize you to commence to liquidate all of the assets of the Trust Account and to transfer the proceeds into the trust operating account in the United States at M▇▇▇▇▇ S▇▇▇▇▇▇ to the effect that, on the Consummation Date, all of the funds held in the Trust Account will be immediately available for transfer to the account or accounts that the Company shall direct on the Consummation Date.
On and as of the Spin-Off Consummation Time, Maple (i) confirms and reaffirms that it remains a debtor and primary obligor in respect of all of the Obligations hereunder and under any Loan Document (including any such Obligations with respect to any Loan initially requested or disbursed to an account of KDP) and (ii) assumes, as a primary liability, all duties and obligations of KDP hereunder and under the other Loan Documents, including its duties as a Borrower and the Parent.
Consummation of the Reorganization may be deferred by the board of directors of the Company or any authorized officer of the Company following the Annual Meeting if said board of directors or authorized officer determines that such deferral would be advisable and in the best interests of the Company and its shareholders.

More Definitions of Consummation

Consummation means the time at which a consumer becomes contractually obligated under a rental-purchase agreement for personal property used primarily for personal, family or household purposes.

Consummation has a meaning correlative to the foregoing.

Consummation means the time at which the lessee enters into a consumer rental purchase agreement.

Consummation means the time a consumer becomes contractually obligated on a lease-purchase agreement.

Consummation means the occurrence of the Effective Date for the Plan.

Consummation means “substantial consummation” as defined in section 1101(2) of the Bankruptcy Code.

Consummation means substantial consummation of the Plan as that term is used in section 1127(b) of the Bankruptcy Code.