OP Effective Time definition

OP Effective Time has the meaning set forth in Section 1.3(a).
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OP Effective Time shall have the meaning given thereto in Section 1.03(b).
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Examples of OP Effective Time in a sentence

  • Prior to the OP Effective Time, Company L.P. shall use reasonable best efforts to redeem all of the outstanding Company L.P. Series B Preferred Units for a cash amount determined in accordance with the terms of the Company L.P. Partnership Agreement and any security issued in connection with the redemption of the Company L.P. Series B Preferred Units for cash.

  • At the OP Effective Time, each Preferred Unit issued and outstanding immediately prior to the OP Effective Time shall be canceled and cease to exist and no consideration shall be delivered in exchange therefor or in respect thereof.

  • The certificate of limited partnership of the Partnership immediately prior to the OP Effective Time shall continue as the certificate of limited partnership of the Surviving Partnership after the OP Effective Time.

  • The officers of OP Merger Sub immediately prior to the OP Effective Time shall be the officers of the Surviving Partnership until the earlier of their resignation or removal or until their successors are elected or appointed and qualified, as the case may be.

  • The REIT Merger shall become effective when the REIT Merger Certificate shall have been accepted for filing by the Secretary of State of Ohio or at such other subsequent date or time as Parent and the Company may agree in writing and specify in the REIT Merger Certificate in accordance with the OGCL; provided such time is after the OP Effective Time.

  • At oral argument, Defendant asserted, and the Court concludes, that the taxable event was the sale of Kramont’s assets to Centro Watt.2 Plaintiff contends that this occurred directly before OP Effective Time and Defendants assert that it took place after OP Effective Time, upon the conclusion of the last of the three mergers.

  • The OP Merger shall have no effect on the Operating Partnership’s outstanding Series B Preferred Units, and at and after the OP Effective Time, the Series B Preferred Units shall be the outstanding Series B Preferred Units of the Surviving Partnership.

  • The Partnership Agreement of the Partnership immediately prior to the OP Effective Time shall continue as the agreement of limited partnership of the Surviving Partnership after the OP Effective Time.

  • Immediately prior to the OP Effective Time, Parent shall deposit with the Paying Agent (i) the Parent Payment Amount and (ii) an amount of cash sufficient to enable the Paying Agent to effect the payments for Series 2002-A Preferred Shares contemplated by Section 2.7(c).

  • Our preliminary assessment indicates that the food sector has suffered tremendous losses with the most affected industries being sugarcane, citrus, pork beef, grains and poultry.

Related to OP Effective Time

  • Merger Effective Time shall have the meaning assigned to the term “Effective Time” in the Merger Agreement.

  • First Effective Time has the meaning specified in Section 2.02.

  • Effective Time has the meaning set forth in Section 2.2.

  • Second Effective Time has the meaning specified in Section 2.02.

  • Distribution Effective Time means 12:01 a.m., Eastern time, on the Distribution Date.

  • Merger Effective Date means the date on which the Merger is consummated.

  • Merger Closing Date the Closing Date (as defined in the Merger Agreement).

  • SEC Effective Date means the date the Registration Statement is declared effective by the Commission.

  • Merger Closing shall have the meaning set forth in Section 2.2.

  • Effective Time of the Merger means the time as of which the Merger becomes effective, which shall occur on the Funding and Consummation Date.

  • Required Effective Date means the relevant Initial Required Effective Date or Increased Required Effective Date (as those terms are defined below).

  • Merger Agreement has the meaning set forth in the Recitals.

  • Merger Sub 1 has the meaning set forth in the Preamble.

  • Merger Sub 2 shall have the meaning given in the Recitals hereto.

  • Offer Closing Date has the meaning set forth in Section 1.01(f).

  • Target Effective Date has the meaning specified in Section 2.01(a).

  • MergerCo has the meaning set forth in the Preamble.

  • Merger Sub I has the meaning set forth in the Preamble.

  • Merger Sub Board means the board of directors of Merger Sub.

  • Merger Sub has the meaning set forth in the Preamble.

  • Parent RSU means each restricted stock unit representing the right to vest in and be issued shares of Parent Common Stock by Parent, whether granted by Parent pursuant to a Parent Equity Plan, assumed by Parent in connection with any merger, acquisition or similar transaction or otherwise issued or granted and whether vested or unvested.

  • Resignation Effective Date has the meaning specified in Section 9.06(a).

  • Merger Date means the closing date of a Merger Event or, where a closing date cannot be determined under the local law applicable to such Merger Event, such other date as determined by the Calculation Agent.

  • Merger Sub II has the meaning set forth in the Preamble.

  • Transition Effective Date has the meaning set forth in Section II.D.3.

  • IPO Effective Date means the date upon which the Securities and Exchange Commission declares the initial public offering of the Company's common stock as effective.