Definitions and Effectiveness Sample Clauses

The 'Definitions and Effectiveness' clause establishes the specific meanings of key terms used throughout the agreement and sets out when the contract becomes legally binding. In practice, this clause lists important words or phrases and clarifies their interpretation to avoid ambiguity, while also stating the date or conditions under which the agreement takes effect. Its core function is to ensure all parties have a shared understanding of terminology and to clearly mark the commencement of contractual obligations, thereby reducing the risk of disputes over interpretation or timing.
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Definitions and Effectiveness. 1.1 Capitalized terms not specifically defined in this Amendment Agreement No. 2 shall have the meaning ascribed to them in the FWA PLA and the FWA TASS, as the case may be. 1.2 The Parties hereby agree that this Amendment Agreement No. 2 shall become binding on each Party upon its execution.
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Definitions and Effectiveness. As used herein, terms that are defined herein shall have the meanings as so defined, and terms not so defined shall have the meanings as set forth in the Warrants. This Amendment is binding on the parties on the date hereof (the “Effective Date”).
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Definitions and Effectiveness. As used herein, terms that are defined herein shall have the meanings as so defined, and terms not so defined shall have the meanings as set forth in the Warrants. With respect to the October 2010 Warrants, the October 2011 Warrants, the March 2012 Warrants, the April 2012 Warrants and the September 2012 Warrants, this Amendment is effective on the Execution Date. With respect to the June 2013 Warrants and the September 2014 Warrants, this Amendment is effective on May 7, 2015. As used herein, (i) for the October 2010 Warrants, the October 2011 Warrants, the March 2012 Warrants, the April 2012 Warrants and the September 2012 Warrants, the term “Effective Date” shall mean the Execution Date; and (ii) for the June 2013 Warrants and the September 2014 Warrants, the term “Effective Date” shall mean May 7, 2015.
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Definitions and Effectiveness. 1.1 Unless the context otherwise requires, capitalized terms used in any part of this Amendment Agreement and not defined herein, shall have the same meaning as ascribed to such respective terms in the Securities Subscription Agreement. 1.2 The provisions of this Amendment Agreement are solely for the purposes of enabling the Banking Company to undertake the Offer (without limiting in any manner, any other provision of the Securities Subscription Agreement, or the rights available to the Parties under the Securities Subscription Agreement in connection with any public offering of the Equity Shares of the Banking Company other than the Offer) and shall come into effect and be binding on and from the date of execution of this Amendment Agreement. This Amendment Agreement shall not be construed to provide, grant or otherwise consent to any actions by the Banking Company not being in relation to or in furtherance of the Offer or otherwise agreed to herein.
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Definitions and Effectiveness. 1.1 Capitalized terms used in this Second Amendment to the extent not otherwise defined herein shall have the meanings given them in the Loan Agreement. 1.2 The effectiveness of this Second Amendment is subject to the conditions precedent that (i) the Lender shall have received an original counterpart of this Second Amendment duly executed by the Borrower, (ii) Lender shall have received payment of the additional Ex-Im Bank guarantee fee in the amount of Eighteen Thousand Seven Hundred Fifty and No/100 Dollars ($18,750.00) and (iii) Lender shall be satisfied in Lender’s sole discretion that all notices and acknowledgements requisite to maintaining the guaranty of the Eximbank shall have been obtained in form and substance satisfactory to Lender.
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Definitions and Effectiveness. 1.1 Capitalized terms used in this Amendment to the extent not otherwise defined herein shall have the meanings given them in the Loan Agreement. 1.2 The effectiveness of this Amendment is subject to (i) receipt by Lender of a counterpart of this Amendment duly executed by Borrower; (ii) receipt by Lender of the new Note duly executed by Borrower (whereupon Lender shall return the original note described therein to Borrower); (iii) receipt by Lender of payment of the additional Ex-Im Bank facility fee in the amount of Twenty-Three Thousand Three Hundred Thirty-Three and 33/100 Dollars ($23,333.33); and (iv) the condition precedent that Lender shall be satisfied in Lender’s sole discretion that all notices and acknowledgements requisite to maintaining the guaranty of the Ex-Im Bank shall have been obtained in form and substance satisfactory to Lender.
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Definitions and Effectiveness. The terms used in this Agreement shall be defined as set forth in the Schedule 1 or, to the extent not set forth in Schedule 1, in the Program Agreement, and the rules of construction set forth in Schedule 1 shall apply to this Agreement. This Agreement shall become effective as of the Changeover Date.
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Definitions and Effectiveness 
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Related to Definitions and Effectiveness

  • Term and Effectiveness This Agreement shall become effective as of the first date written above. Once effective, this Agreement shall remain in effect for two years, and thereafter shall continue automatically for successive one-year periods; provided that such continuance is specifically approved at least annually by: (i) the vote of the Board of Directors, or by the vote of a majority of the outstanding voting securities of the Company and (ii) the vote of a majority of the Independent Directors, in accordance with the requirements of the 1940 Act.

  • Filing and Effectiveness The Company shall file a Registration Statement relating to any Demand Registration as promptly as practicable, but in any event no later than sixty (60) days after receipt of a Demand Notice, with the SEC and use its reasonable best efforts to cause such Registration Statement to be declared effective as soon as practicable thereafter and to remain effective for a period of time reasonably required for the disposition of the Registrable Securities covered by such Registration Statement. If any Demand Registration is requested to be effected as a shelf registration pursuant to Rule 415 under the Securities Act by the Holders demanding such Demand Registration, the Company shall keep the Registration Statement filed in respect thereof effective for a period of six (6) months from the date on which the SEC declares such Registration Statement effective or such shorter period that will terminate when all Registrable Securities covered by such Registration Statement have been sold pursuant to such Registration Statement. The Company shall promptly, and in any event within ten (10) Business Days after receipt of a Demand Notice, notify all other Holders in writing of the receipt of such Demand Notice and each such other Holder shall have the right to have all or a part of such Holder’s Registrable Securities included in such registration thereof by delivering a written notice (a “Participating Notice”) to the Company within ten (10) Business Days after receipt of the aforementioned notice from the Company (each Holder that delivers a Participating Notice to the Company pursuant to this Section 3(b), a “Participating Demand Holder”). Each Participating Demand Holder shall specify in the Participating Notice the number of Registrable Securities that such Participating Demand Holder elects to include in such registration and the Company shall include in such registration all Registrable Securities requested by the Participating Demand Holders for inclusion as specified in the Participation Notices.

  • Continued Effectiveness The Company shall use its reasonable best efforts to keep any Shelf Registration Statement filed pursuant to Section 2.02(a) continuously effective under the Securities Act in order to permit the Prospectus forming a part thereof to be usable by Shelf Holders until the earliest of (i) the date as of which all Registrable Securities have been sold pursuant to the Shelf Registration Statement or another Registration Statement filed under the Securities Act (but in no event prior to the applicable period referred to in Section 4(3) of the Securities Act and Rule 174 thereunder), (ii) the date as of which each of the Shelf Holders is permitted to sell its Registrable Securities without Registration pursuant to Rule 144 without volume limitation or other restrictions on transfer thereunder and (iii) such shorter period as the Institutional Investors with respect to such Shelf Registration shall agree in writing (such period of effectiveness, the “Shelf Period”). Subject to Section 2.02(d), the Company shall not be deemed to have used its reasonable best efforts to keep the Shelf Registration Statement effective during the Shelf Period if the Company voluntarily takes any action or omits to take any action that would result in Shelf Holders not being able to offer and sell any Registrable Securities pursuant to such Shelf Registration Statement during the Shelf Period, unless such action or omission is (x) a Shelf Suspension permitted pursuant to Section 2.02(d) or (y) required by applicable law, rule or regulation.

  • Term and Effective Date The Master Contract became effective March 22, 2023, and its term currently ends on August 31, 2027. The Master Contract has five years of renewals available. The Contract will become effective on April 1, 2023, or on the date signed by all Parties, whichever is later. The Contract will expire on August 31, 2027, unless terminated earlier or renewed in accordance with Exhibit B, Special Contract Conditions.

  • Counterparts and Effectiveness This Agreement may be executed in several counterparts, which shall be treated as originals for all purposes, and all so executed shall constitute one agreement, binding on all of the parties hereto, notwithstanding that all the parties are not signatory to the original or the same counterpart. Any such counterpart shall be admissible into evidence as an original hereof against each Person who executed it. The execution of this Agreement and delivery thereof by facsimile shall be sufficient for all purposes, and shall be binding upon any party who so executes.