Common use of THE FORMATION Clause in Contracts

THE FORMATION. The parties hereto agree that the sequence of events constituting the Formation shall be effected as substantially concurrently as possible on the earliest date as may be practicable following the receipt of the approvals specified in Sections 3 and 4, above, but not prior to January 2, 1997.

Appears in 2 contracts

Sources: Formation Agreement (Realty Refund Trust), Formation Agreement (Realty Refund Trust)