Closing Date and Effective Time Sample Clauses
The "Closing Date and Effective Time" clause defines the specific date and time when a transaction, such as a merger or acquisition, is considered legally completed and all related obligations and rights are transferred. In practice, this clause sets out the exact moment when ownership changes hands, often referencing the completion of all closing conditions and the exchange of necessary documents or funds. Its core function is to provide certainty and clarity to all parties about when the transaction takes effect, thereby reducing the risk of disputes regarding the timing of legal and financial responsibilities.
Closing Date and Effective Time. The closing of this Agreement and the transactions contemplated hereby shall be held on a mutually agreed upon time, date and place. The "
Closing Date and Effective Time. Unless this Agreement is earlier terminated pursuant to the terms hereof, the Transactions shall be consummated at a closing to be held at approximately 10:00 a.m. Eastern time at a location to be agreed upon by the Parties, on the date (the "Closing Date") that the conditions described in Article 5 hereof have been satisfied or waived by the Party entitled to the benefit thereof. As used herein the "Effective Time" shall mean 11:59 p.m. on the Closing Date.
Closing Date and Effective Time. The "Closing Date" shall be the last to occur of (i) the first business day after the receipt of all necessary regulatory approvals and expiration of any mandatory waiting periods; or (ii) such later date upon which FSB and UB&T may mutually agree. Subject to the terms, and upon satisfaction on or before the closing Date of all requirements of law, and the conditions specified in this Merger Agreement, the Merger shall become effective at the opening of business on the date specified in the certification of the Merger to be issued by the Office of the Comptroller of the Currency, such time being herein called the "Effective Time."
Closing Date and Effective Time. The “Closing Date” and the Effective Time (as defined below) of the Merger shall occur immediately following the closing of the transactions contemplated by the Main Merger Agreement, subject to the terms, and upon satisfaction on or before the Closing Date of the conditions specified in this Merger Agreement.
Closing Date and Effective Time. The closing of this Agreement and the transactions contemplated hereby shall be held on the Closing Date (as defined in this Article VIII) at such time and place as the parties hereto may mutually agree upon. The “Closing Date” shall be such date as the Presidents of the Company and Merger Corp., respectively, may agree upon. Subject to the terms and upon satisfaction on or before the Closing Date of all requirements of law and conditions specified in this Agreement, the Company and Merger Corp. shall, at the Closing Date, execute, acknowledge, and deliver such other documents and instruments and take such further action as may be necessary or appropriate to consummate the Merger. The “Effective Time” is the date on which the Merger is effective, which shall be on the date specified in the certificate of merger to be issued by the Secretary of State of Texas, and if no date is specified in such certificate, then the Effective Time shall be the time of the opening of business on the date the certificate of merger is recorded by the Secretary of State of Texas.
Closing Date and Effective Time. Subject to the satisfaction or ------------------------------- waiver, if permissible, of the conditions set forth in Articles VII and VIII, other than those conditions that by their nature are to be satisfied at the consummation of the Merger, but subject to the fulfillment or waiver, if permissible, of those conditions, the parties shall cause a certificate of merger relating to the Merger (the "Certificate of Merger") to be filed with the --------------------- Secretary of State of the State of Delaware pursuant to the DGCL on (i) the later of (x) January 16, 2007 and (y) a date selected by Parent after such satisfaction or waiver that is no later than five (5) business days after such satisfaction or waiver, or (ii) such other date to which the parties may mutually agree (the "Closing Date"). The Merger shall become effective upon such ------------ filing of the Certificate of Merger (the "Effective Time"). --------------
Closing Date and Effective Time. The closing of the transactions contemplated hereby (the "Closing") will take place at the close of business on the date that the Effective Time (as defined below) occurs (or the immediately preceding day if the Effective Time is earlier than 9:00 a.m.), or at such other time as the parties, acting through their authorized officers, may mutually agree (the "Closing Date"). The Closing Date shall be held at such location as may be mutually agreed upon by the parties or may be conducted by mail or telefax as may be mutually agreed upon by the parties. The Merger and other transactions contemplated by this Agreement shall become effective on the date and at the time the Plan of Merger reflecting the Merger shall become effective with the Secretary of State of the State of Florida (the "Effective Time"). Subject to the terms and conditions hereof, unless otherwise mutually agreed upon in writing by the authorized officers of each party, the parties shall use their reasonable efforts to cause the Effective Time to occur within 60 days after the last to occur of (a) the receipt of all regulatory approvals and the expiration of any required waiting periods; and (b) the satisfaction of the conditions specified in Article 6 of this Agreement. The actual Effective Time within the 60-day period shall be mutually agreed upon by Purchaser and Seller.
Closing Date and Effective Time. The closing of the purchase and sale of the Property contemplated hereby (the "Closing") shall be held at the offices of Messrs. Schlanger, Mills, ▇▇▇▇▇ & ▇▇▇▇▇▇▇▇▇, LLP, ▇▇▇▇ ▇▇▇ ▇▇▇▇▇▇, Suite 1700, Houston, Texas 77057 or at such other place as the Parties mutually agree on July 18, 1997, or such other date mutually approved of by the Parties (the "Closing Date"). The effective time of the transfer of the Property shall be deemed to have been the beginning of the day of the Closing.
Closing Date and Effective Time. The "Closing Date" and the Effective Time (as defined below) of the Merger shall occur immediately following the closing of the transactions contemplated by that certain Stock Purchase Agreement, dated as of April 19, 2018, by and among First National, CCSB and United Bancorporation (the “Purchase Agreement”), subject to the terms, and upon satisfaction on or before the Closing Date of the conditions specified in this Agreement.
Closing Date and Effective Time. The effective time of the Closing shall be 9:00 a.m., Houston, Texas time, on the day after the Closing Date.