PA Execution Date definition
PA Execution Date means the date on which the last of the Initial Precedent Agreements is executed and delivered by the Company and the other party thereto.
Examples of PA Execution Date in a sentence
This Agreement shall become effective upon the Effective Date; provided, however, that, notwithstanding anything contained in this Agreement to the contrary, prior to the PA Execution Date, no Member shall have any obligation to make any Capital Contribution to the Company (including the initial Capital Contributions described in Section 4.1).
The Members acknowledge that Dominion and/or its Affiliates have incurred or committed to incur on behalf of the Company, and prior to the PA Execution Date will continue to incur or commit to incur on behalf of the Company, all of the Pre-Effective Expenditures.