Date when Binding and Effective Sample Clauses
The "Date when Binding and Effective" clause establishes the specific point in time when an agreement becomes legally enforceable between the parties. Typically, this clause identifies either the date of signature by all parties or a separately specified effective date as the moment the contract's terms take effect. By clearly defining when obligations and rights commence, this clause prevents ambiguity and potential disputes regarding the enforceability of the agreement.
Date when Binding and Effective. This Agreement will become effective and be binding on and after the Implementation Date on all the Parties including the Class Members and Cloud Class Members subject to Section 4.14. The Cloud Class Action Approval Order and each Approval Order will constitute approval of this Agreement in respect of all Class Members and Cloud Class Members residing in the province or territory of the Court which made the Approval Order, or who are deemed to be subject to such Approval Order pursuant to Section 4.04 of this Agreement. No additional court approval of any payment to be made to any Class Member or Cloud Class Member will be necessary.
Date when Binding and Effective. This Agreement will become effective and be binding on the Defendant and on all the Class Members (including Persons under Disability) and the Class Action Plaintiffs, on the Implementation Date.
Date when Binding and Effective. This Settlement Agreement shall become effective and be binding on all the Parties and the Class Members on the Implementation Date. The Approval Order shall constitute approval of this Settlement Agreement in respect of all Class Members.