Operatorship Transfer Closing Time definition

Operatorship Transfer Closing Time means the time at which the transfer and assignment of the Operatorship Assets to Newco is completed; and
Sample 1
Operatorship Transfer Closing Time means the time at which the transfer and assignment of the Operatorship Assets to BCDC is completed;
Sample 1

Examples of Operatorship Transfer Closing Time in a sentence

  • Prior to the assignment and assumption of the BHP Billiton Canada DB Plan contemplated by this Section 4, BHP Billiton Canada shall cause all persons, other than EKATI Former Employees and the Transferred Employees who are active members of the BHP Billiton Canada DB Plan at the Operatorship Transfer Closing Time, to cease to be active members of the BHP Billiton Canada DB Plan.

  • BCDC shall establish, effective from and after the Operatorship Transfer Closing Time, replacement employee benefit plans (the "Replacement Plans") for the Transferred Employees and the EKATI Former Employees to replace the BHP Billiton Canada Employee Plans, other than a replacement employee benefit plan for the BHP Billiton Canada DB Plan which will be assigned and transferred by BHP Billiton Canada to BCDC in accordance with Section 4.

  • Transferred Employees and EKATI Former Employees shall begin to accrue benefits and incur claims under the Replacement Plans as of the Operatorship Transfer Closing Time.

  • As soon as practicable after the Operatorship Transfer Closing Time, BHP Billiton Canada shall seek all required regulatory approvals from any Governmental Authorities for and take all commercially reasonable steps to transfer the assets and liabilities relating to the Transferred Employees and EKATI Former Employees from the BHP Billiton Canada Group RRSP and the BHP Billiton Canada DC Plan to the applicable Replacement Plan.

  • BCDC shall assume all of the obligations and liabilities of BHP Billiton Canada in respect of the Union Employees under the EKATI CBA and the collective bargaining relationship with respect to such employees and assume full responsibility for all Union Employees, and be bound by and comply with the terms of the EKATI CBA, effective from the Operatorship Transfer Closing Time.

  • Prior to the Operatorship Transfer Closing Time, BCDC shall offer employment to all employees employed by BHP Billiton Canada, in its capacity as operator of the Core Zone Joint Venture, at the Core Zone Property that are not members of a bargaining unit other than the Excluded Employees (unless, in the case of an EKATI Secondee, such Excluded Employee has not been made, or has rejected, an offer by a BHP Billiton Employer pursuant to Section 9.3 of the Agreement) ("Non-Union Employees").

Related to Operatorship Transfer Closing Time

  • Option Closing Time has the meaning given to it in Section 16(1);

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

  • Option Closing Date shall have the meaning ascribed to such term in Section 2.2(c).

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

  • Option Closing means the closing of the purchase and sale of the Option Shares pursuant to Section 2.2.

  • Scheduled Closing Time means, in respect of an Exchange or Related Exchange and a Scheduled Trading Day, the scheduled weekday closing time of such Exchange or Related Exchange on such Scheduled Trading Day, without regard to after hours or any other trading outside of the regular trading session hours.

  • Transfer Time has the meaning set forth in Section 4.3(a).

  • Time of Closing means 10:00 a.m. (Vancouver time) on the Closing Date, or such other time as the parties may mutually determine;

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

  • Pre-Closing Period means any taxable period ending on or before the Closing Date.

  • Option Closing Purchase Price shall have the meaning ascribed to such term in Section 2.2(b), which aggregate purchase price shall be net of the underwriting discounts and commissions.

  • Anticipated Closing Date means the anticipated closing date of any proposed Qualified Sale Transaction, as determined in good faith by the Board of Directors on the Applicable Date.

  • Pre-Closing Tax Period means any Tax period ending on or before the Closing Date.

  • IPO Closing means the initial closing of the sale of the Class A Common Stock in the IPO.

  • Founder Shares Lock-up Period means, with respect to the Founder Shares, the period ending on the earlier of (A) one year after the completion of the Company’s initial Business Combination and (B) subsequent to the Business Combination, (x) if the closing price of the Common Stock equals or exceeds $12.00 per share (as adjusted for stock splits, stock dividends, reorganizations, recapitalizations and the like) for any 20 trading days within any 30-trading day period commencing at least 150 days after the Company’s initial Business Combination or (y) the date on which the Company completes a liquidation, merger, capital stock exchange, reorganization or other similar transaction that results in all of the Company’s stockholders having the right to exchange their shares of Common Stock for cash, securities or other property.

  • Pre-Closing Taxable Period means with respect to any tax, any applicable taxable period ending on or prior to consummation of the transactions contemplated hereby on the Closing Date or the allocable portion of any applicable taxable period that includes but does not end on the Closing Date.

  • Applicable Closing Date Has the meaning specified in Section 5.01(b) of this Trust Supplement.

  • Tender Closing Date means the date and time set out in column (C) of Part 1 of the Schedule to the Tender Notice;

  • Acquisition Closing Date means the “Closing Date” under and as defined in the Acquisition Agreement.

  • New Services Queue Closing Date means each April 30 and October 31 shall be the Queue Closing Date for the New Services Queue comprised of Interconnection Requests, Completed Applications, and Upgrade Requests received during the six-month period ending on such date. New York ISO or NYISO: “New York ISO” or “NYISO” shall mean the New York Independent System Operator, Inc. or any successor thereto.

  • Initial Closing shall have the meaning ascribed to such term in Section 2.1.

  • Third Closing shall have the meaning ascribed to such term in Section 2.1(c).

  • Closing Transactions has the meaning set forth in Section 11.8(a)(i) of these Bylaws.

  • Termination Time means the time at which the right to exercise Rights shall terminate pursuant to Section 5.1.

  • Market Seller Offer Cap means a maximum offer price applicable to certain Market Sellers under certain conditions, as determined in accordance with Tariff, Attachment DD. section 6 and Tariff, Attachment M-Appendix, section II.E.

  • Pre-Closing Straddle Period means the portion of a Straddle Period ending on the Closing Date.