Effectiveness Termination Date definition
Examples of Effectiveness Termination Date in a sentence
All rights and obligations provided for in this Exhibit B (except for in Section 5 hereof, which rights and obligations shall survive) shall terminate on the Effectiveness Termination Date.
This Agreement and the obligations of the parties hereunder shall terminate as of the Effectiveness Termination Date, except for Section 6 hereof which shall remain in effect in accordance with its terms after the Effectiveness Termination Date.
The Company shall use commercially reasonable efforts to cause the Registration Statement to be declared effective under the Securities Act as promptly as is practicable and to keep the Registration Statement continuously effective under the Securities Act until the expiration of the Effectiveness Termination Date.
The parties will be able to agree upon the extension of the Effectiveness Termination Date, as well as, if applicable, the amendment to certain conditions established herein, which will have to be effected by means of the Borrower’s written request, with 110 days notice before the Effectiveness Termination Date, to which the Bank must respond within 20 days following the reception of said request, stating whether it agrees or disagrees to the request.
The Buyer shall use commercially reasonable efforts to cause the Registration Statement to be declared effective under the Securities Act as soon as practicable thereafter and to keep such Registration Statement continuously effective under the Securities Act until the Effectiveness Termination Date.