Consummation definition

Consummation means the occurrence of the Effective Date.

Consummation means the completion of the final act necessary to complete a transaction as a matter of law, including, but not limited to, any required approvals by the corporation's shareholders and board of directors, the transfer of legal and beneficial title to securities or assets and the final approval of the transaction by any applicable domestic or foreign governments or governmental agencies.

Consummation or “Consummated” means the occurrence of the Effective Date.

Examples of Consummation in a sentence

• In the event that certain deposits held in the Trust Account may not be liquidated by the Consummation Date without penalty, you will notify the Company in writing of the same and the Company shall direct you as to whether such funds should remain in the Trust Account and be distributed after the Consummation Date to the Company.

• In accordance with the terms of the Trust Agreement, we hereby authorize you to commence to liquidate all of the assets of the Trust Account and to transfer the proceeds into the trust operating account to the effect that, on the Consummation Date, all of the funds held in the Trust Account will be immediately available for transfer to the account or accounts that Xxxxxx Xxxxxxxxxx & Co. (the “Representative”) (with respect to the Deferred Discount) and the Company shall direct on the Consummation Date.

More Definitions of Consummation

Consummation means the completion of the final act necessary to complete a transaction as a matter of law, including, but not limited to, any required approvals by the corporation's shareholders and board of directors, the transfer of legal and beneficial title to securities or assets and the final approval of the transaction by any applicable domestic or foreign governments or agencies.

Consummation means the time that a consumer becomes contractually obligated on a credit transaction.

Consummation has a meaning correlative to the foregoing.

Consummation means the time at which the lessee enters into a consumer rental purchase agreement.

Consummation means the time a consumer becomes contractually obligated on a lease-purchase agreement.

Consummation means “substantial consummation” as defined in section 1101(2) of the Bankruptcy Code.

Consummation means the occurrence of the Plan Effective Date.