Common use of Effective Date and Effective Time Clause in Contracts

Effective Date and Effective Time. Subject to the satisfaction or waiver of the conditions as set forth in Article VII in accordance with this Agreement, the parties shall cause the effective date of the Merger (the "Effective Date") to occur on (i) the third business day to occur after the last of the conditions set forth in Sections 7.01, 7.02, 7.03 and 7.11 shall have been satisfied or waived in accordance with the terms of this Agreement (or, at the election of FBS, on the last business day of the month in which such day occurs) or (ii) such other date to which the parties may agree in writing. The time on the Effective Date when the Merger shall become effective is referred to as the "Effective Time."

Appears in 3 contracts

Samples: Agreement and Plan of Merger (First Bank System Inc), Agreement and Plan of Merger (Us Bancorp /Or/), Agreement and Plan of Merger (First Bank System Inc)

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Effective Date and Effective Time. Subject to the satisfaction or waiver of each of the conditions as set forth in Article VII in accordance with this Agreement, the parties shall cause the effective date of the Merger (the "Effective Date") to occur on (i1) the third business day to occur after the last of the conditions set forth in Sections 7.017.1, 7.02, 7.03 7.2 and 7.11 7.9 shall have been satisfied or waived in accordance with the terms of this Agreement (orAgreement, at the election of FBS, on the last business day of the month in which such day occurs) or (ii2) such other date to which the parties may agree in writing. The time on the Effective Date when the Merger shall become effective is referred to as the "Effective Time."

Appears in 3 contracts

Samples: Agreement and Plan of Merger (Echlin Inc), Agreement and Plan of Merger (Echlin Inc), Agreement and Plan of Merger (Dana Corp)

Effective Date and Effective Time. Subject to the satisfaction or waiver (subject to applicable law) of the conditions as set forth in Article VII in accordance with this Agreement, the parties shall cause the effective date of the Merger (the "Effective Date") to occur on (i) the third business day second Business Day to occur after the last of the conditions set forth in Sections 7.01, 7.02, 7.03 and 7.11 Section 7.01 shall have been satisfied or waived in accordance with the terms of this Agreement (or, at the election of FBS, on the last business day of the month in which such day occurs) or (ii) such other date to which the parties may agree in writing. The time on the Effective Date when the Merger shall become effective is referred to as the "Effective Time."

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Nortel Networks Corp), Agreement and Plan of Merger (Alteon Websystems Inc)

Effective Date and Effective Time. Subject to the satisfaction or waiver (subject to applicable law) of the conditions as set forth in Article VII in accordance with this Agreement, the parties shall cause the effective date of the Merger (the "Effective Date") to occur on (i) the third business day Business Day to occur after the last of the conditions set forth in Sections 7.01, 7.02, 7.03 and 7.11 Section 7.01 shall have been satisfied or waived in accordance with the terms of this Agreement (or, at the election of FBS, on the last business day of the month in which such day occurs) or (ii) such other date to which the parties may agree in writing. The time on the Effective Date when the Merger shall become effective is referred to as the "Effective Time."

Appears in 2 contracts

Samples: Agreement and Plan of Merger (Bay Networks Inc), Agreement and Plan of Merger (Periphonics Corp)

Effective Date and Effective Time. Subject to the satisfaction or waiver of the conditions as set forth in Article VII in accordance with this AgreementVII, the parties shall cause the effective date of the Merger (the "Effective Date") to occur on or before (ia) the third fifth business day to occur after the last of the conditions set forth in Sections 7.01, 7.02, 7.03 and 7.11 Article VII shall have been satisfied or waived in accordance with the terms of this Agreement (or, at the election of FBS, on the last business day of the month in which such day occurs) or (iib) such other date to which the parties may agree in writing. The time on the Effective Date when the Merger shall become effective is referred to as the "Effective Time."

Appears in 1 contract

Samples: Agreement and Plan of Merger (Quick & Reilly Group Inc /De/)

Effective Date and Effective Time. Subject to the satisfaction or waiver of the conditions as set forth in Article VII in accordance with this of the Combination Agreement, the parties shall cause the Merger to become effective date of the Merger (the "Effective Date") to occur on (i) the third business day to occur after the last of the conditions set forth in Sections 7.01, 7.02, 7.03 and 7.11 shall have been satisfied or waived in accordance with the terms of this Agreement (or, at the election of FBS, on the last business day Section 2.04 of the month in which such day occurs) or (ii) such other date to which the parties may agree in writingCombination Agreement. The time on the Effective Date and date when the Merger shall become effective is referred to as the "Effective Time."" 1.03

Appears in 1 contract

Samples: 2 Agreement (Dime Bancorp Inc)

Effective Date and Effective Time. Subject to the satisfaction or waiver (subject to applicable law) of the conditions as set forth in Article VII in accordance with this Agreement, the parties shall cause the effective date of the Merger (the "Effective Date") to occur on (i) the third business day Business Day to occur after the last of the conditions set forth in Sections 7.01, 7.02, 7.03 and 7.11 Section 7.01 shall have been satisfied or waived in accordance with the terms of this Agreement (or, at the election of FBS, on the last business day of the month in which such day occurs) or (ii) such other date to which the parties may agree in writing. The time on the Effective Date when the Merger shall become effective is referred to as the "Effective Time."

Appears in 1 contract

Samples: Agreement and Plan of Merger (Clarify Inc)

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Effective Date and Effective Time. Subject to the satisfaction or waiver of the conditions as set forth in Article VII in accordance with this AgreementVII, the parties shall cause the effective date of the Merger (the "Effective Date") to occur on (ia) the third sixth business day to occur after the last of the conditions set forth in Sections 7.01, 7.02, 7.03 and 7.11 Article VII shall have been satisfied or waived in accordance with the terms of this Agreement (or, at the election of FBS, on the last business day of the month in which such day occurs) or (iib) such other date to which the parties may agree in writing. The time on the Effective Date when the Merger shall become effective is referred to as the "Effective Time"."

Appears in 1 contract

Samples: Voting Agreement (Financial Security Assurance Holdings LTD/Ny/)

Effective Date and Effective Time. Subject to the satisfaction or waiver (subject to applicable law) of the conditions as set forth in Article VII VIII in accordance with this Agreement, the parties shall cause the effective date of the Merger (the "Effective Date") to occur on (i) the third business day Business Day to occur after the last of the conditions set forth in Sections 7.01, 7.02, 7.03 and 7.11 Section 8.01 shall have been satisfied or waived in accordance with the terms of this Agreement (or, at the election of FBS, on the last business day of the month in which such day occurs) or (ii) such other date to which the parties may agree in writing. The time on the Effective Date when the Merger shall become effective is referred to as the "Effective Time."

Appears in 1 contract

Samples: Agreement and Plan (Antec Corp)

Effective Date and Effective Time. Subject to the satisfaction or waiver conditions to the obligations of the conditions parties to effect the Merger as set forth in Article VII in accordance with this AgreementVI, the parties shall cause the effective date of the Merger (the "Effective Date") to occur on (i1) the third business day to occur after the last of the conditions set forth in Sections 7.016.01, 7.026.02, 7.03 6.03 and 7.11 shall 6.12 have been satisfied or waived in accordance with the terms of this Agreement (or, at the election of FBS, on the last business day of the month in which such day occurs) Plan or (ii2) such other date to which the parties may agree in writing. The time on the Effective Date when the Merger shall become effective is referred to as the "Effective Time."

Appears in 1 contract

Samples: Agreement and Plan of Merger (Banco Santander S A)

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