First Effective Time definition

First Effective Time has the meaning specified in Section 2.02.

First Effective Time has the meaning set forth in Section 1.3.

First Effective Time means (a) if the Carrier Effective Time and the Otis Effective Time do not occur at the same time, the first to occur of the Carrier Effective Time and the Otis Effective Time or (b) if the Carrier Effective Time and the Otis Effective Time occur at the same time, the Effective Time.

Examples of First Effective Time in a sentence

• At the First Effective Time, the A&R M&A shall be the memorandum and articles of association of PubCo, until, thereafter changed or amended as provided therein or by applicable Law.

• The bye-laws of the Company in effect immediately prior to the First Effective Time shall become the bye-laws of the First Surviving Company following the First Effective time.

• Except with respect to Redeeming SPAC Shares and as otherwise provided in Section 3.01(b)(vi) in respect of Dissenting SPAC Shares, from and after the First Effective Time, until surrendered or transferred, as applicable, in accordance with this Section 3.02, each SPAC Ordinary Share shall solely represent the right to receive the Merger Consideration to which such SPAC Ordinary Share is entitled to receive pursuant to this Agreement and the Plan of Merger.

• The authorized share capital of New Company Holdco, at the First Effective Time, will consist of 90,000,000 Ordinary Shares, 21,000,000 non-voting convertible ordinary shares, par value $1.00 per share, of New Holdco and 45,000,000 Preferred Shares.

• From and after the Third Effective Time, the holders of Ordinary Shares formerly represented by Certificates or Book-Entry Shares immediately prior to the First Effective Time shall cease to have any rights with respect to such underlying Ordinary Shares, except for the right to receive the Total Cash Consideration or any rights pursuant to applicable Law.

More Definitions of First Effective Time

First Effective Time shall be the date and time when the First Merger becomes effective as set forth in the First Certificate of Merger.

First Effective Time means (a) if the Carrier Effective Time and the Otis Effective Time do not occur at the same time, the first to occur of the Carrier Effective Time and the Otis Effective Time, or (b) if the Carrier Effective Time and the Otis Effective Time occur at the same time, the Effective Time.

First Effective Time shall have the meaning set forth in the Separation and Distribution Agreement.

First Effective Time shall have the meaning assigned to it in Section 1.2(b).

First Effective Time shall have the meaning set forth in Section 1.3 of this Agreement.

First Effective Time has the meaning specified in Section 2.01(c)(i).

First Effective Time means the effective time of the First Merger, which shall be the time specified in the First Plan of Merger.