Approval and Effective Date Clause Samples
The Approval and Effective Date clause establishes when an agreement becomes officially valid and enforceable. It typically specifies that the contract takes effect either upon the date it is signed by all parties or on a particular date stated within the document. This clause ensures that all parties are clear about when their rights and obligations under the agreement begin, thereby preventing disputes over the timing of contractual responsibilities.
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Approval and Effective Date. This Franchise Agreement shall take effect and be in force from and after final passage thereof, as provided by law, provided that within sixty (60) days after the date of final passage of the Franchise, the Franchisee shall fine with the City its acceptance of the Franchise.
Approval and Effective Date. This Franchise Agreement shall become effective on (the “Effective Date”), following its approval by the Board and its written acceptance by the Franchisee, provided that if the Franchisee fails to accept the Franchise within thirty (30) days after approval by the Board, the Franchise shall be deemed void.
Approval and Effective Date. This 28E agreement shall be presented to the Muscatine County Board of Supervisors and Muscatine City Council for approval. This agreement may be signed in counterparts by the representatives of each party as provided in the instruments of approval. This 28E agreement will become effective when approved by both parties. Should this agreement be approved prior to July 1, 2015, all provisions of this agreement which call for a two year term shall be interpreted to include the time period between the effective date and July 1, 2015, and the two year term shall be deemed to end on June 30, 2017.
Approval and Effective Date. This Agreement shall be approved upon the adoption by the legislative bodies of the City and Township of an appropriate ordinance or resolution approving and ratifying this Agreement. After approval and execution by the appropriate officers of each Participating Unit, this Agreement shall be recorded with the Porter County Recorder. The effective date of this Agreement shall be the date of recordation with the Porter County Recorder. Within sixty (60) days of the effective date, this Agreement shall be recorded with the State Board of Accounts for audit purposes pursuant to I.C. 36-1-7-6.
Approval and Effective Date. This Franchise Agreement shall be effective as of April 17, 2017, upon its approval by the City Council and execution by the City and NewWave.
Approval and Effective Date. This Agreement shall not be binding until signed by both parties. The persons signing this Agreement represent that they have authority to bind their respective parties.
Approval and Effective Date. The transaction provided for in this agreement shall not be consummated unless approved by the affirmative vote of the stockholders of the Bank owning at least a majority (or as otherwise required by the respective party’s bylaws or articles of incorporation) of the respective party’s capital stock outstanding, at meetings to be held on the call of the Directors, or by unanimous consent in lieu thereof. The share exchange shall become effective at the time and date specified pursuant to authorization of both Boards of Directors.
Approval and Effective Date. 32.1 This Contract shall enter into force and effect in its entirety on the Effective Date. The provisions of this Article 32 shall be effective as at the date of execution of this Contract by all the Parties hereto and shall bind the Parties with effect from that date.
32.2 Following the execution of this Contract, Georgian Oil and the State shall use their respective best endeavours to procure as soon as possible that such further steps are taken as are necessary to cause this Contract and all rights thereunder to be and remain legally valid and fully effective under the laws of Georgia including without limitation the enactment of such general or specific laws by the legislative branches of the State including the Parliament of Georgia as are necessary to make this contract legally valid and fully effective with the full force of law in Georgia for the duration of this Contract in full compliance with the Constitution of Georgia and all requisite legal formalities and procedures.
32.3 The State shall notify the Contractor within 5 days of the steps necessary to give this Contract full force of law in accordance with this Article 32 being satisfied. The Contractor shall thereafter have a period of thirty (30) days within which to notify the State whether or not it considers the conditions set out herein to have been satisfied.. If the Contractor has not notified the State that it considers the conditions satisfied by 31 December 1996 then the Contractor may by written notice to the State terminate this Contract.
Approval and Effective Date. Subject to the conditions set forth in Paragraph 2 of Section A of Appendix H to the Fairfax County Code, this Franchise Agreement shall become effective on June 1, 1998.
Approval and Effective Date. This Franchise Agreement shall become effective upon publication of the ordinance approving this Franchise Agreement (the “Effective Date”).