Common use of Division Date Clause in Contracts

Division Date. The Division Date shall be the date which is 60 days after the date on which either the BSE Class Actions have been successfully concluded, or the BSE Class Actions have been dismissed against all defendants and all appeals have been exhausted. A successful conclusion of the BSE Class Actions shall be deemed to be either a Final judgment on the common issues in favour of some or all Class Members or a settlement that benefits one or more Class Members, as success is defined in section 33(2) of the Class ▇▇▇▇▇▇▇▇▇▇▇ ▇▇▇, ▇▇▇▇, S.O. 1992 Chapter 6. In any case, the Division Date shall be no later than December 31, 2028.