Common use of Closing Date and Effective Time Clause in Contracts

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.

Appears in 1 contract

Sources: Execution Agreement (Esi Tractebel Acquisition Corp)

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 EPT, at a location to be agreed upon by the Parties, on or as soon as reasonably practicable after the date (the "Closing Date") that the conditions described in Article 5 6 hereof have been satisfied or waived by the Party entitled to the benefit thereof. As used herein thereof (the "Effective Time" shall mean 11:59 p.m. on Closing Date"), provided that the Closing DateDate shall not be earlier than January 2, 2005.

Appears in 1 contract

Sources: Bellingham Execution Agreement (Esi Tractebel Acquisition Corp)

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 EPT, at a location to be agreed upon by the Parties, on or as soon as reasonably practicable after the date (the "Closing Date") that the conditions described in Article 5 6 hereof have been satisfied or waived by the Party entitled to the benefit thereof. As used herein thereof (the "Effective Time" shall mean 11:59 p.m. on “Closing Date”), provided that the Closing DateDate shall not be earlier than January 2, 2005.

Appears in 1 contract

Sources: Bellingham Execution Agreement (Nstar/Ma)