JV Effective Date definition

JV Effective Date means the Closing under (and as defined in) the Transaction Agreement.
JV Effective Date the date falling 10 days after the later of: (i) the date upon which the aggregate amount of (a) all $ Initial Cash Amounts (excluding the effect of any adjustments pursuant to Clause 8.2 of the Option Agreement) and (b) all € Initial Cash Amounts multiplied by the Exchange Rate, in each case paid to the Lion Holdcos by Cayman 7 in cash pursuant to the Option Agreement, is equal to or exceeds $195 million; and (ii) the JV Notice Date;
JV Effective Date will have the meaning attributed to that term in Section 2.9 of this Agreement;

Examples of JV Effective Date in a sentence

  • The JV Effective Date or the CEDC Control Effective Date (as the case may be) shall not occur until at least five days after such Antitrust Approval has been obtained (or, where more than one Antitrust Approval is required, until at least five days after the last of such Antitrust Approvals is obtained).

  • Subject to the Condition Precedent having been satisfied, from the JV Effective Date, the JV Provisions shall apply, and no other Governance Provisions shall apply.

  • For avoidance of doubt, if the JV Effective Date has not occurred as of the Trigger Date, then this Agreement and the rights and obligations of the Parties hereunder shall not become effective, and instead, GE Aviation shall enter into separate supply and technology development agreements with each of BHGE and GE Power in accordance with Section 9.17(a).

  • The parties hereto hereby agree that the proceeds of the Term Loans are being used to fund the first to occur of the Basin JV Acquisition or the Target Acquisition, as the case may be and, to the extent neither the Basin JV Effective Date nor the Target Acquisition Effective Date has occurred by February 28, 2013, then the Term Commitments of each Lender shall, on such date, immediately and without any further action be reduced to $0.

  • Following any such dissolution, or in the event the JV Effective Date does not occur, each of BHGE and GE Power shall be jointly and severally liable for the failure of ADGTJV to take any action required prior to the Trigger Date, and GE Aviation shall be liable to BHGE and GE Power for any breach of GE Aviation’s obligations to the ADGTJV hereunder.

  • The Additional Reserve Payments will be made based on proven and probable reserves up to a total of US$2,000,000 and be payable in cash by the date (the “Payment Accrual Date”) which is the later of (A) the JV Effective Date and (B) 30 days upon delivery of an independent third party report.

  • The Notice of Exercise will include a certificate of a senior officer of Sage stating that each of the Option Exercise Conditions has been or will be satisfied on or before the JV Effective Date.


More Definitions of JV Effective Date

JV Effective Date shall have the meaning set forth in ‎Section 2.01(a).
JV Effective Date means August 29, 1997.