Effective Day definition
Examples of Effective Day in a sentence
Company shall have the right, but not the obligation, within thirty (30) Business Days prior to the Effective Day, to provide training to employees of Seller who will become employees of Company.
Effective Day shall refer to the day when the Parties sign this Agreement.
Upon receipt of such requests, Operator may, at its discretion, extend the period of mobilization and as its sole remedy can recover from Contractor as ascertained and agreed Liquidated Damages and not by way of penalty a sum equivalent to 1/2 % of annual contract value (i.e. Effective Day Rate based on which bids were evaluated x 365 days) for each week of delay or part thereof subject to maximum of 10% of annual contract value.
The Adviser shall give the Sub-adviser, by 9 am (Chicago time) on the sixth Business Day before the Effective Day, written, by fax or electronic mail, (i) approval or rejection of that Allocations Report and (ii) the final amount of additional subscriptions to the Fund that will be effective as of the Effective Day.
If the Adviser objects to any portion of an Allocations Report, or informs the Sub-adviser of additional subscriptions to the Fund, the Sub-adviser will work with the Adviser to promptly amend that Allocations Report in a manner that is mutually satisfactory, and will submit to the Adviser a revised Allocations Report by noon (Chicago time) on the sixth Business Day before the Effective Day.