Common use of Effective Date; Term Clause in Contracts

Effective Date; Term. This Agreement shall become effective upon (i) its execution and delivery by all Parties and (ii) the execution and delivery of each of the Other Stockholder Agreements by the parties thereto; provided, however, that Section 12 of this Agreement shall not become effective until the Effective Time. This Agreement shall continue in full force and effect until the first to occur of (A) the written agreement of all the Parties to terminate this Agreement and (B) the termination of the Merger Agreement in accordance with its terms (the first to occur of (A) and (B) the "Termination Time").

Appears in 36 contracts

Samples: Stockholder Agreement (Penn National Gaming Inc), Stockholder Agreement (Penn National Gaming Inc), Stockholder Agreement (HWCC Tunica Inc)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.