Demerger Effective Time definition

Demerger Effective Time means the time at which the Demerger becomes effective;
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Demerger Effective Time means the time at which the Plan of Separation becomes effective, expected to be at or around 2:30 p.m. British Summer Time on May 7, 2008 or such other time as the Court Order is registered.
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Demerger Effective Time shall have the meaning set forth in Section 1.01 of the Separation Agreement.
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Examples of Demerger Effective Time in a sentence

  • It should be noted that, although it is currently RB’s intention that the Demerger should be concluded, RB is entitled to decide not to proceed with the Demerger at any time prior to the Demerger Effective Time if it determines that it would not be in the interests of RB Shareholders.

  • If the Demerger proceeds, holders of RB ADRs who are in the books of the Depositary at the Demerger Record Time will receive Indivior ADSs issued under an ADR facility that Indivior expects to establish in the US at the Demerger Effective Time.

  • Indivior expects to establish an ADR facility in the US at the Demerger Effective Time pursuant to which the Depositary will issue Indivior ADSs. Each Indivior ADS will represent an ownership interest in underlying Indivior Ordinary Shares and a pro rata share of any other securities, cash or other property that may be held by the Depositary under the terms of the deposit agreement to be entered into between Indivior, the Depositary and the registered holders of Indivior ADSs from time to time.

  • The Indivior Ordinary Shares to be issued at the Demerger Effective Time will each rank pari passu in all respects.

  • Settlement in the RB Ordinary Shares will be re-enabled following the Demerger Effective Time at8.00 a.m. on Tuesday 23 December 2014.3.3 Share certificatesHolders of RB Ordinary Shares on the RB Share Register at the Demerger Record Time will constitute the opening register of members of Indivior.

  • It should be noted that, although it is currently Tiziana’s intention that the Demerger should be concluded, Tiziana is entitled to decide not to proceed with the Demerger at any time prior to the Demerger Effective Time if it determines that it would not be in the interests of the Tiziana Shareholders.

  • Following the Demerger Effective Time, neither Party to this Agreement shall make, or cause to be made, any press release or public announcement in respect of this Agreement or the transactions contemplated by this Agreement without the prior written consent of the other Party unless otherwise required by Law or applicable stock exchange regulation, and the Parties to this Agreement shall cooperate as to the timing and contents of any such press release or public announcement.

  • During the period between the Scheme Effective Date and the Demerger Effective Time (which is expected to be a period of fewer than five days), the TalkTalk Business will be part of the New Carphone Warehouse Group.

  • Canada and Mexico As plans have been administered on a company specific basis, plans will be retained by each entity with effect from the Demerger Effective Time.

  • For those holding shares in certificated form at the Scheme Record Time, definitive share certificates for Ordinary Shares are expected to be despatched within 10 business days after the Demerger Effective Time.


More Definitions of Demerger Effective Time

Demerger Effective Time means the time at which the Demerger becomes effective, expected to be at or around 2.30 p.m. (London time) on 7 May, 2008 or such other time as the Final Court Order is registered by the Registrar of Companies;
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Related to Demerger Effective Time

  • Merger Effective Time shall have the meaning assigned to the term “Effective Time” in the Merger Agreement.

  • Merger Effective Date means the date on which the Merger is consummated.

  • First Effective Time has the meaning specified in Section 2.02.

  • Effective Time has the meaning set forth in Section 2.2.

  • Second Effective Time has the meaning specified in Section 2.02.

  • Distribution Effective Time means 12:01 a.m., Eastern time, on the Distribution Date.

  • Merger Closing Date the Closing Date (as defined in the Merger Agreement).

  • Merger Closing shall have the meaning set forth in Section 2.2.

  • Effective Time of the Merger means the time as of which the Merger becomes effective, which shall occur on the Funding and Consummation Date.

  • Merger Agreement has the meaning set forth in the Recitals.

  • Merger Sub 1 has the meaning set forth in the Preamble.

  • Merger Sub 2 shall have the meaning given in the Recitals hereto.

  • MergerCo has the meaning set forth in the Preamble.

  • Merger Sub Board means the board of directors of Merger Sub.

  • Merger Date means the closing date of a Merger Event or, where a closing date cannot be determined under the local law applicable to such Merger Event, such other date as determined by the Calculation Agent.

  • Pre-Closing Reorganization has the meaning set forth in the Recitals.

  • Merger Sub has the meaning set forth in the Preamble.

  • Merger Sub I has the meaning set forth in the Preamble.

  • Closing Merger Consideration has the meaning set forth in Section 2.02

  • Merger Sub II has the meaning set forth in the Preamble.

  • Initial Merger Consideration has the meaning set forth in Section 2.2(a).

  • Offer Closing Date has the meaning set forth in Section 1.01(f).

  • Specified Merger Agreement Representations such of the representations made by the Target with respect to the Target and its Subsidiaries in the Merger Agreement as are material to the interests of the Lenders and the Joint Bookrunners (in their capacities as such), but only to the extent that the Borrower (or its Affiliates) has the right to terminate the Borrower’s (or such Affiliate’s) obligations under the Merger Agreement or the right to decline to consummate the Merger as a result of a breach of such representations in the Merger Agreement.

  • Bank Merger Agreement has the meaning ascribed thereto in the recitals to this Agreement.

  • Separation Time means the close of business on the tenth Trading Day after the earlier of:

  • Required Effective Date means the relevant Initial Required Effective Date or Increased Required Effective Date (as those terms are defined below).