Effective Date; Closing Clause Samples

Effective Date; Closing. (a) The Merger will become effective on the date and at the time shown on the Articles of Merger required to be filed with the office of the Virginia State Corporation Commission, as provided in Section 13.1-720 of the VSCA, effecting the Merger (the “Effective Date”). Subject to the satisfaction or waiver of the conditions set forth in Article 6, the parties will use their reasonable best efforts to cause the Effective Date to occur on January 1, 2015 or as soon as practicable thereafter and after all required regulatory and stockholder approvals to consummate the Merger have been received. At or after the Closing Date (as defined below), American and MainStreet will execute and deliver Articles of Merger containing the Plan of Merger to the Virginia State Corporation Commission. (b) Subject to the terms and conditions of this Agreement, the closing of the Merger will take place at 10:00 a.m. Eastern Time at the corporate office headquarters of American on a date mutually agreed to by the parties and which shall be held at or before the Effective Date (the “Closing Date”). All documents required by this Agreement to be delivered at or before the Effective Date will be exchanged by the parties on the Closing Date.

Effective Date; Closing. The Effective Date of this Agreement shall be March 31, 1998. The Closing of the transactions contemplated by this Agreement shall occur upon the satisfaction of the conditions set forth in Article 7 of this Agreement, all of which conditions shall be satisfied on or before the Closing Date or such other date as required by the applicable conditions, and the escrow is broken.

Effective Date; Closing. 7 2.1 Effective Date; Closing......................................7 2.2 Proceedings at Closing.......................................7

Effective Date; Closing. The effective date (for accounting purposes only) of the transactions contemplated hereby shall be at 7:00 a.m., Alaska Standard Time, on January 1, 2007 (the "Effective Date"). The Closing of the transactions contemplated hereby (the "Closing") shall take place at the offices of Seller, ▇▇▇ ▇▇▇▇▇▇▇▇▇▇▇ ▇▇., ▇▇▇▇▇ ▇▇▇▇, ▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇ at 10:00 a.m., Mountain Standard Time, on the later of (i) two business days after satisfaction of all conditions to Closing (including agreement of the Parties on all Purchase Price adjustments pursuant to Section 3.4), or June 30, 2007 (the "Closing Date"). Notwithstanding any provision herein to the contrary, in no event shall the Closing occur later than July 31, 2007.

Effective Date; Closing. The effective date of the transactions contemplated hereby shall be at 7:00 a.m., Central Time, on September 1, 2005 (the “Effective Date”). The Closing of the transactions contemplated hereby (the “Closing”) shall take place at the offices of Pearl Energy Partners, Ltd., ▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇., ▇▇▇▇▇ ▇▇▇, ▇▇▇▇▇▇, ▇▇▇▇▇ ▇▇▇▇▇ at 10:00 a.m., Central Time, on or before October 14, 2005 or such other place or date as the parties hereto may mutually agree (the “Closing Date”).

Effective Date; Closing. The parties will use their best efforts to close no later than August 31, 2009.

Effective Date; Closing. Closing will occur on the date of this Agreement (the "Closing"). Upon consummation, Closing will be deemed to be effective, and the transfer of the Assets will be deemed to have occurred, for accounting purposes as of 12:01 a.m. local time on July 1, 1998 (the "Effective Date"). Accordingly, except for the Excluded Assets, all income generated from operation of the Business on and after the Effective Date will belong to Buyer, and adjustments to reflect the distribution of income and liabilities with respect to the Business as contemplated under this Agreement will be made in accordance with the procedures outlined in Exhibit 1.4 attached hereto.

Effective Date; Closing. Subject to the provisions of this Agreement, the Parties shall cause the Merger to be completed by filing a Certificate of Merger of Applied Retail Solutions, Inc., a California corporation and Applied Retail Solutions, Inc., a Delaware corporation with the Secretary of State of the States of Delaware, California and, if necessary, Nevada, in accordance with applicable law in the form attached as Exhibit B (the "Certificate of Merger").

Effective Date; Closing. Each of Seller and Purchaser agree that the acquisition of the Assets as contemplated in the Acquisition Agreement and this Supplement shall become effective as of the date (such date, the “Effective Date”) when Purchaser acquired control of the Assets from Seller, which Seller and Purchaser acknowledge to have occurred on October 1, 2004, pursuant to a letter agreement between Seller and Purchaser, regardless of whether the Closing occurs on the Effective Date or any other date.