Common use of Articles of Arrangement and Effective Date Clause in Contracts

Articles of Arrangement and Effective Date. (1) The Articles of Arrangement shall implement the Plan of Arrangement. The Articles of Arrangement shall include the Plan of Arrangement. (2) Unless another time or date is agreed to in writing by the Parties, the completion of the Arrangement (the “Closing”) will take place on the fifth Business Day after the satisfaction, or where not prohibited, the waiver by the applicable Party or Parties in whose favour the condition is, of the conditions set out in Article 6 (excluding conditions that, by their terms, are to be satisfied on the Effective Date, but subject to the satisfaction, or where not prohibited, the waiver by the applicable Party or Parties in whose favour the condition is, of those conditions as of the Effective Date) (the date that such conditions have been satisfied or otherwise waived in accordance with this Section 2.9(2) is referred to as the “Condition Satisfaction Date”), at the offices of Goodmans LLP in Xxxxxxx, Xxxxxxx, at 8:00 a.m. (Toronto time), unless another time or date is agreed to in writing by the Parties. The Company shall file the Articles of Arrangement with the Director on the day of Closing.

Appears in 1 contract

Samples: Arrangement Agreement

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Articles of Arrangement and Effective Date. (1) The Articles of Arrangement shall implement the Plan of Arrangement. The Articles of Arrangement shall include the Plan of Arrangement. (2) Unless another time or date is agreed to in writing by the Parties, the completion of the Arrangement (the “Closing”) will take place on the fifth second Business Day after the satisfaction, or where not prohibited, the waiver by the applicable Party or Parties in whose favour the condition is, of the conditions set out in Article 6 (excluding conditions that, by their terms, are to be satisfied on the Effective Date, but subject to the satisfaction, or where not prohibited, the waiver by the applicable Party or Parties in whose favour the condition is, of those conditions as of the Effective Date) (the date that such conditions have been satisfied or otherwise waived in accordance with this Section 2.9(2) is referred to as the “Condition Satisfaction Date”), at the offices of Goodmans LLP in MxXxxxxx Txxxxxxx LLP, 60 Xxxxxxxxxx Xxxxxx Xxxx, Xxxxx 0000, Xxxxxxx, XxxxxxxXxxxxxx X0X 0X0, at 8:00 a.m. (Toronto time), unless another time or date is agreed to in writing by the Parties. The Company shall file the Articles of Arrangement with the Director on the day of Closing.

Appears in 1 contract

Samples: Arrangement Agreement (Valens Company, Inc.)

Articles of Arrangement and Effective Date. (1) The Articles of Arrangement shall implement the Plan of Arrangement. The Articles of Arrangement shall include the Plan of Arrangement. (2) Unless another time or date is agreed to in writing by the Parties, the completion of the Arrangement (the “Closing”) will take place on the fifth second Business Day after the satisfaction, or where not prohibited, the waiver by the applicable Party or Parties in whose favour the condition is, of the conditions set out in Article 6 (excluding conditions that, by their terms, are to be satisfied on the Effective Date, but subject to the satisfaction, or where not prohibited, the waiver by the applicable Party or Parties in whose favour the condition is, of those conditions as of the Effective Date) (the date that such conditions have been satisfied or otherwise waived in accordance with this Section 2.9(2) is referred to as the “Condition Satisfaction Date”), at the offices of Goodmans LLP in XxXxxxxx Xxxxxxxx LLP, 000 0xx Xxxxxx XX, Xxxxx 0000, Xxxxxxx, Xxxxxxx, X0X 0X0, at 8:00 a.m. (Toronto Calgary time), unless another time or date is agreed to in writing by the Parties. The Company shall file the Articles of Arrangement with the Director on the day of Closing.

Appears in 1 contract

Samples: Arrangement Agreement (Sundial Growers Inc.)

Articles of Arrangement and Effective Date. (1) The Articles of Arrangement shall implement the Plan of Arrangement. The Articles of Arrangement shall include the Plan of Arrangement. (2) Unless another time or date is agreed to in writing by the Parties, the completion of the Arrangement (the “Closing”) will take place on the fifth second Business Day after the satisfaction, or where not prohibited, the waiver by the applicable Party or Parties in whose favour the condition is, of the conditions set out in Article 6 (excluding conditions that, by their terms, are to be satisfied on the Effective Date, but subject to the satisfaction, or where not prohibited, the waiver by the applicable Party or Parties in whose favour the condition is, of those conditions as of the Effective Date) (the date that such conditions have been satisfied or otherwise waived in accordance with this Section 2.9(2) is referred to as the “Condition Satisfaction Date”), at the offices of Goodmans LLP in XxXxxxxx Xxxxxxxx LLP, 00 Xxxxxxxxxx Xxxxxx Xxxx, Xxxxx 0000, Xxxxxxx, XxxxxxxXxxxxxx X0X 0X0, at 8:00 a.m. (Toronto time), unless another time or date is agreed to in writing by the Parties. The Company shall file the Articles of Arrangement with the Director on the day of Closing.

Appears in 1 contract

Samples: Arrangement Agreement (SNDL Inc.)

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Articles of Arrangement and Effective Date. (1) The Articles of Arrangement shall implement the Plan of Arrangement. The Articles of Arrangement shall include the Plan of Arrangement. (2) Unless another time or date is agreed to in writing by the Parties, the completion of the Arrangement (the “Closing”) will take place on the fifth second Business Day after the satisfaction, or where not prohibited, the waiver by the applicable Party or Parties in whose favour the condition is, of the conditions set out in Article 6 (excluding conditions that, by their terms, are to be satisfied on the Effective Date, but subject to the satisfaction, or where not prohibited, the waiver by the applicable Party or Parties in whose favour the condition is, of those conditions as of the Effective Date) (the date that such conditions have been satisfied or otherwise waived in accordance with this Section 2.9(2) is referred to as the “Condition Satisfaction Date”), at the offices of Goodmans LLP in XxXxxxxx Xxxxxxxx LLP, 000 0xx Xxxxxx XX, Xxxxx 0000, Xxxxxxx, Xxxxxxx, X0X 0X0, at 8:00 a.m. (Toronto Calgary time), unless another time or date is agreed to in writing by the Parties. The Company shall file the Articles of Arrangement with the Director Registrar on the day of Closing.

Appears in 1 contract

Samples: Arrangement Agreement (SNDL Inc.)

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