Distribution Time definition
Examples of Distribution Time in a sentence
Any determination made by AREC on or prior to the Distribution Time concerning the satisfaction or waiver of any or all of the conditions set forth in this Section 3.1 shall be conclusive and binding on the parties and all other affected Persons.
AREC and EMC shall, and shall, to the fullest extent permitted by Applicable Law, cause the other members of their respective Group to, cooperate to cause the conditions to the Distribution set forth in Section 3.1 to be satisfied (or waived by AREC) and to effect the Distribution at the Distribution Time upon such satisfaction (or waiver by AREC).
At or prior to the Distribution Time, to the extent not already entered into, AREC shall enter into a distribution agent agreement with the Distribution Agent or otherwise provide instructions to the Distribution Agent regarding the Distribution.
AREC may, at any time and from time to time until the Distribution Time, modify or change the terms of the Distribution, including by accelerating or delaying the timing of the consummation of all or part of the Distribution.
AREC and EMC shall, and shall, to the fullest extent permitted by Applicable Law, cause the other members of their respective Group to, use commercially reasonable efforts such that, at or prior to the Distribution Time, the AREC Group and the EMC Group maintain separate bank accounts and separate cash management processes.