Distribution Effective Time definition

Distribution Effective Time has the meaning set forth in the Separation Agreement.

Distribution Effective Time means the time established by Parent as the effective time for the Distribution, New York time, on the Distribution Date.

Distribution Effective Time means the effective time of the Distribution.

Examples of Distribution Effective Time in a sentence

• Following the execution of this Agreement and prior to the Distribution Effective Time, the Parties shall, and shall cause the applicable members of their respective Groups to, execute and deliver all Transfer Documents that are necessary or desirable to effect the Separation.

• The Parties recognize that legal and other professional services will be provided following the Distribution Effective Time, which services will be rendered solely for the benefit of the iStar Group or the SpinCo Group, as the case may be.

• After the Distribution Effective Time, this Agreement may not be terminated except by an agreement in writing signed by a duly authorized officer of each of the Parties with the prior authorization of the independent directors of each Party.

• At any time at or after the Distribution Effective Time, at the request of either Party, the other Party shall cause each member of its respective Group to execute and deliver releases reflecting the provisions of this Section 4.1.

• No such terminated agreement, arrangement, commitment or understanding (including any provision thereof which purports to survive termination) shall be of any further force or effect after the Distribution Effective Time.

More Definitions of Distribution Effective Time

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

Distribution Effective Time has the meaning set forth in the Separation and Distribution Agreement.

Distribution Effective Time means the first time on or after the consummation of the first event described in clause (1) or clause (2) of the definition of “Distribution” at which more than 80% of the SpinCo Common Stock has been disposed of under a combination of clause (1) or clause (2) of the definition of “Distribution.”

Distribution Effective Time means 12:01 a.m. on , 2019, Eastern time, on the Distribution Date.

Distribution Effective Time means the time established by the Board as the effective time of the Distribution on the Distribution Date.

Distribution Effective Time means the time at which the Distribution occurs on the Distribution Date, which shall be deemed to be 12:01 a.m., Eastern Daylight Time.

Distribution Effective Time means the effective time of the distribution of Common Stock to the holders of Common Shares of Cardinal Health, which is expected to be 11:59 p.m., New York City time, on August 31, 2009.