Common use of Closing and Effective Time Clause in Contracts

Closing and Effective Time. Subject to the provisions of this Agreement, the parties shall hold a closing (the “Closing”) on (i) the first business day on which the last of the conditions set forth in Article V to be fulfilled prior to the Closing is fulfilled or waived, or (ii) at such time and place as the parties hereto may agree. Notwithstanding the foregoing, June 27, 2017, shall be considered the effective date of the Exchange for tax and accounting purposes (the “Effective Time”), but in no event shall the Closing occur later than June 27, 2017, unless both parties agree, in writing, to extend the Closing beyond that date.

Appears in 3 contracts

Samples: Share Exchange Agreement, Share Exchange Agreement (Titan Computer Services Inc.), Share Exchange Agreement (Titan Computer Services Inc.)

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Closing and Effective Time. Subject to the provisions of this Agreement, the parties shall hold a closing (the “Closing”) on (i) the first business day on which the last of the conditions set forth in Article V to be fulfilled prior to the Closing is fulfilled or waived, or (ii) at such time and place as the parties hereto may agree. Notwithstanding the foregoing, June 27, 2017the Closing Date, shall be considered the effective date of the Exchange for tax and accounting purposes (the “Effective Time”), but in no event shall the Closing occur later than June 27July 15, 20172021, unless both parties agree, in writing, to extend the Closing beyond that date.

Appears in 3 contracts

Samples: Share Exchange Agreement (Pedro's List, Inc.), Share Exchange Agreement (Altitude International Holdings, Inc.), Share Exchange Agreement (Altitude International Holdings, Inc.)

Closing and Effective Time. Subject to the provisions of this Agreement, the parties shall hold a closing (the “Closing”) on (i) the first business day on which the last of the conditions set forth in Article V to be fulfilled prior to the Closing is fulfilled or waived, or (ii) at such time and place as the parties hereto may agree. Notwithstanding the foregoing, June 27April __, 20172022, shall be considered the effective date of the Exchange for tax and accounting purposes (the “Effective Time”), but in no event shall the Closing occur later than June 27April __, 20172022, unless both parties agree, in writing, to extend the Closing beyond that date.

Appears in 1 contract

Samples: Share Exchange Agreement (Innovative Medtech, Inc.)

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Closing and Effective Time. Subject to the provisions of this Agreement, the parties shall hold a closing (the “Closing”) on (i) the first business day on which the last of the conditions set forth in Article V to be fulfilled prior to the Closing is fulfilled or waived, or (ii) at such time and place as the parties hereto may agree. Notwithstanding the foregoing, June 27May 21, 20172021, shall be considered the effective date of the Exchange for tax and accounting purposes (the “Effective Time”), but in no event shall the Closing occur later than June 2710, 20172021, unless both parties agree, in writing, to extend the Closing beyond that date.

Appears in 1 contract

Samples: Share Exchange Agreement (Hempacco Co., Inc.)

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