First Effective Time definition
Examples of First Effective Time in a sentence
The Company Board shall, prior to the First Effective Time, take all actions necessary to effect the foregoing.
Upon the terms and subject to the conditions set forth in this Agreement, at the First Effective Time, First Merger Sub shall be merged with and into the Company, and the separate existence of First Merger Sub shall cease.
Without otherwise limiting the D&O Indemnified Parties’ rights with regards to counsel, following the First Effective Time, the D&O Indemnified Parties shall be entitled to continue to retain ▇▇▇▇▇▇▇▇, ▇▇▇▇, ▇▇▇▇▇▇▇▇▇▇ & ▇▇▇▇▇▇▇ LLP or such other counsel selected by the D&O Indemnified Parties.
Parent shall cause the Surviving Entity to pay the Parent Stock Option Cash Consideration, less applicable withholdings, at or within ten (10) Business Days after the First Effective Time.
At the First Effective Time, each Out of the Money Parent Option shall be cancelled for no consideration.