Common use of Articles of Share Exchange Clause in Contracts

Articles of Share Exchange. The parties hereto agree that the Share Exchange contemplated pursuant to Section 1.1 shall be effectuated, at the Effective Time (as such term is hereinafter defined), pursuant to articles of share exchange ("Articles of Share Exchange") in accordance with applicable provisions of the Washington Business Corporation Act. Such Articles of Share Exchange shall be filed with Secretary of State of the State of Washington together with any other filings and recordings required by Washington law in connection with the Share Exchange as soon as practicable after the Closing. The term Effective Time, as used herein, means the time at which the Share Exchange becomes effective under the laws of the State of Washington.

Articles of Share Exchange. The parties hereto agree that the Share Exchange contemplated pursuant to Section 1.1 shall be effectuated, effectuated at the Effective Time (as such term is hereinafter defined), pursuant to articles Articles of share exchange Share Exchange ("Articles of Share Exchange") filed in accordance with applicable provisions of the Washington Business Corporation Act. Such The Articles of Share Exchange shall be filed with the Washington Secretary of State of the State of Washington together with any other filings and or recordings required by Washington law in connection with the Share Exchange as soon as practicable after the ClosingClosing (as defined below). The term "Effective Time, " as used herein, in this Agreement means the time at which the Share Exchange becomes effective under the laws of the State of Washington.