Examples of Reorganization Effective Time in a sentence
At and after the Reorganization Effective Time and as of the date hereof, the only subsidiary of the Company is the Initial Guarantor.
If the Reorganization Effective Time does not occur (i.e., the transactions contemplated by the SPA do not actually close), this Agreement will be null and void and will have no further force or effect.
Principal and accrued and unpaid interest on the Notes will be prepaid in whole or in part from the first net cash proceeds received by the Company from the exercise of any warrants covered by, or the issuance of any equity securities or notes or other debt security by the Company under, its currently pending Registration Statement or otherwise.
As of the Reorganization Effective Time, the stock transfer books of Team shall be closed and there shall be no further registration of transfers on Team’s stock transfer books of the Team Common Shares formerly owned by the Team Converting Holders.
Each issued and outstanding share of Series A Preferred Stock will be exchanged for a number of shares of Common Stock equal to the sum of (A) the product of (x) the Investment Value of such share of Company Series A Preferred Stock, as of the Reorganization Effective Time, divided by the Total Investment Value, (y) multiplied by the Common Share Amount, and (B) the quotient of the Investment Value of such Company Series A Preferred Stock, as of the Reorganization Effective Time, divided by the IPO Price.
Pursuant to Section 7.1 of USA’s Stockholders Agreement dated as of December 5, 2005 (“USA Stockholders Agreement”) and Section 8.1 of LAI’s Shareholders Agreement dated as of December 5, 2005 (“LAI Shareholders Agreement”), the USA Stockholders Agreement and LAI Shareholders Agreement, respectively, shall automatically terminate and shall not be of any force or effect thereafter, effective as of the Reorganization Effective Time.
A valve is required 10 feet from the thrust block of any waterline that may be extended.
Subject to the terms and conditions of this Agreement and of the Agreement of Merger attached hereto as Exhibit A (the "Reorganization Agreement of Merger"), at the Reorganization Effective Time (as defined below), the Company shall be merged with and into Company Sub and the separate corporate existence of the Company shall thereupon cease.
No transfers of Shares shall be made on the stock transfer books of the Reorganization Surviving Corporation at or after the Reorganization Effective Time.
The Acquired Companies are and the Companies have, at all times during the five-year period prior to the Pre-Closing Reorganization Effective Time, been in compliance in all material respects with such policy.