Effective Date Clause Samples
The Effective Date clause establishes the specific date when the terms and obligations of an agreement become legally binding for all parties involved. Typically, this date is either explicitly stated in the contract or determined by the date of the last required signature. By clearly defining when the contract takes effect, this clause ensures that all parties know when their rights and responsibilities commence, thereby preventing confusion or disputes about the timing of contractual obligations.
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Effective Date. This agreement shall be effective upon its execution, and unless terminated as provided, shall continue in force until May 31, 2006 and thereafter from year to year, provided continuance is approved annually by the vote of a majority of the Board members of the Issuer, and by the vote of those Board members of the Issuer who are not "interested persons" of the Issuer and, if a plan under Rule 12b-1 under the Investment Company Act of 1940 is in effect, by the vote of those Board members of the Issuer who are not "interested persons" of the Issuer and who are not parties to the Distribution and Service Plan or this Agreement and have no financial interest in the operation of the Distribution and Service Plan or in any agreements related to the Distribution and Service Plan, cast in person at a meeting called for the purpose of voting on the approval. This Agreement shall automatically terminate in the event of its assignment. As used in this paragraph, the terms "assignment" and "interested persons" shall have the respective meanings specified in the Investment Company Act of 1940 as now in effect or as hereafter amended. In addition to termination by failure to approve continuance or by assignment, this Agreement may at any time be terminated by either party upon not less than sixty days' prior written notice to the other party.
Effective Date. This Agreement shall become effective as of the date first written above (the "Effective Date").
Effective Date. The effective date (“Effective Date”) of this Agreement shall be the date that this Agreement is approved by the California Competes Tax Credit Committee (“Committee”).
Effective Date. This Agreement shall become effective upon execution by the Parties subject to acceptance by FERC (if applicable), or if filed unexecuted, upon the date specified by the FERC. The NYISO and Connecting Transmission Owner shall promptly file, or cause to be filed, this Agreement with FERC upon execution, if required. If the Agreement is disputed and the Interconnection Customer requests that it be filed with FERC in an unexecuted form, the NYISO shall file, or cause to be filed, this Agreement and the NYISO shall identify the disputed language.
Effective Date. This Certificate of Trust shall be effective upon filing.
Effective Date. This Agreement shall become effective on the Effective Date at the time the Registration Statement is declared effective by the Commission.
Effective Date. This Agreement shall become effective when both the Company and the Representative have executed the same and delivered counterparts of such signatures to the other party.
Effective Date. This Agreement shall be deemed to be effective as of the date set forth below.
Effective Date. This Amendment shall be effective as of the date first written above.