Restructuring Effective Time definition
Examples of Restructuring Effective Time in a sentence
At the Restructuring Effective Time, Parent and Enfield shall execute and deliver an Amended and Restated Registration Rights Agreement, substantially in the form attached hereto as Exhibit C (the “Amended Registration Rights Agreement”), pursuant to which that certain Registration Rights Agreement, dated as of January 7, 2016, by and between Enfield and the Partnership shall be amended and restated in its entirety.
Each Party shall have performed or complied with, in all material respects, all of its obligations required by this Agreement to be performed or complied with at or prior to the Restructuring Effective Time.
At the Restructuring Effective Time, Gran Tierra will transfer 100% of its ownership interest in the Partnership and 100% of its ownership interest in AEI LLC to LLC 1.
It is understood that hours will be accumulated from season to season.
Immediately following completion of Restructuring Step 8, LTD shall promptly notify the Parties and the Advisers in writing of the occurrence of the Restructuring Effective Time (the “Restructuring Effective Time Notice”).