Effective Date of the Exchange Sample Clauses

Effective Date of the Exchange. Articles of exchange evidencing the transactions contemplated herein shall be delivered to the Delaware Secretary of State for filing. The exchange shall be effective at the time and on the date on which the Articles of Exchange are filed with the Delaware Secretary of State. (such date and time being herein referred to as the "effective date").
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Effective Date of the Exchange. The Exchange shall become effective when the Secretary of State of Delaware and the Registrar of Companies for England &Wales, respectively, file duly executed Certificates of Exchange pursuant to the provisions of their respective laws. AutoC and Autocarbon LTD agree to use their best efforts to cause such filings to occur as promptly as practicable following the Closing Date. As used herein, the term "Effective Date" shall mean the date upon which the Certificate of Exchange is filed by the Secretary of State of Delaware or theregistrar of Companies of England & Wales, whichever is the later to occur.
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Effective Date of the Exchange. Subject to the satisfaction of all of the conditions set forth in Section 8 below, the Exchange shall initially become effective upon the consummation of the Initial Closing and upon the latter date of (i) the filing of the Amendment with the Secretary of State of Delaware or (ii) the date any requisite filing is made with the Commonwealth of Massachusetts. East Coast and Psy-Ed agree to use their best efforts to cause such filings to occur as promptly as practicable following the Initial Closing. As used herein, the term "Effective Date" shall mean the date upon which the Amendment is filed by the Secretary of State of Delaware or the filing of any required certificate or document with the Commonwealth of Massachusetts, whichever is the last to occur. Following the Effective Date, the Exchange shall continue until either (x) the aggregate amount of Psy-Ed Common Shares delivered to East Coast represent at least eighty (80%) percent of the total combined voting power of all classes of Psy-Ed capital stock outstanding and eighty (80%) percent of the total number of all classes of Psy-Ed capital stock outstanding in order that the Exchange qualify as a tax free reorganization under Section 368 of the Code, and at which time, the parties shall hold a "Final Closing", or (y) until February 2, 2004.
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Effective Date of the Exchange. The exchange shall become effective on the date of execution.
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Related to Effective Date of the Exchange

  • Effective Date of the Merger The Merger shall become effective when a properly executed Certificate of Merger is duly filed with the Secretary of State of the State of Delaware, which filing shall be made concurrently with the closing of the transaction contemplated by this Agreement in accordance with Section 1.12. When used in this Agreement, the term "Effective Date" shall mean the date and time at which such Certificate of Merger is so filed or at such time thereafter as is provided in such Certificate of Merger.

  • Effective Date of Merger Upon satisfaction or waiver (in accordance with the provisions of this Agreement) of each of the conditions set forth herein, the parties hereto shall execute and cause to be filed Articles of Combination, and/or such certificates or further documents as shall be required by the OTS, the Office of the Secretary of the OTS, and with such other federal or state regulatory agencies as may be required. Upon approval by the OTS, and endorsement of such certificates, the Merger and other transactions contemplated by this Agreement shall become effective. The Effective Date for all purposes hereunder shall be the date of such endorsement.

  • Effective Date of the Agreement This Agreement will incept on the date hereof, to be effective as of 12:01 A.M., December 15, 2003 and will cover policies effective on and after that date. In addition, THE REINSURER agrees to accept reinsurance coverage for policies backdated to save age up to six months prior to the effective date of this Agreement. The reinsurance coverage for any backdated policies will be effective as of the policy effective date.

  • Effective Date of Amendment This Amendment shall be deemed effective as of the date first written above, as if executed on such date.

  • Effective Date; Termination This Agreement shall become effective upon execution by all of the Parties and shall continue in force until terminated in accordance with Clause 8.2(a).

  • Effective Date; Term This Agreement shall become effective on the date of its execution and shall remain in force for a period of two (2) years from such date, and from year to year thereafter but only so long as such continuance is specifically approved at least annually by the vote of a majority of the Trustees who are not interested persons of the Trust or the Adviser, cast in person at a meeting called for the purpose of voting on such approval, and by a vote of the Board of Trustees or of a majority of the outstanding voting securities of the Fund. The aforesaid requirement that this Agreement may be continued "annually" shall be construed in a manner consistent with the Act and the rules and regulations thereunder.

  • EFFECTIVE DATE OF PLAN Stock Awards and Options may be granted under this Plan upon its adoption by the Board, provided that no incentive stock option will continue to be effective unless this Plan is approved by a majority of the votes entitled to be cast by the Stockholders, voting either in person or by proxy, at a duly held Stockholders’ meeting or by the consent of Stockholders owning more than fifty percent (50%) of shares of the Common Stock within twelve months of such adoption.

  • EFFECTIVE DATE OF CONTRACT This Contract shall become effective upon signing by the parties hereto. (End of Article)

  • Effective Date of Dissolution Any dissolution of the Company shall be effective as of the date on which the event occurs giving rise to such dissolution, but the Company shall not terminate unless and until all its affairs have been wound up and its assets distributed in accordance with the provisions of the Act and the Certificate is cancelled.

  • Closing of the Merger The closing of the Merger (the "Closing") will take place at a time and on a date to be specified by the parties, which shall be no later than the second business day after satisfaction of the latest to occur of the conditions set forth in Article 5 (the "Closing Date"), at the offices of Sperry Young & Stoecklein, 1850 X. Xxxxxxxo Xx., Xxxxx 000, Xxx Xxxxx, Xxxxxx, xxxxxx xxxxxxx xime, date or place is agreed to in writing by the parties hereto.

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