Effecting the Arrangement Clause Samples
The 'Effecting the Arrangement' clause defines the steps and responsibilities required for the parties to complete and implement the transaction or agreement. It typically outlines the actions each party must take, such as obtaining necessary approvals, executing documents, or fulfilling pre-closing conditions, to ensure the arrangement is properly carried out. This clause ensures that all procedural and administrative requirements are met, thereby facilitating a smooth and enforceable completion of the arrangement.
Effecting the Arrangement. (a) Subject to the rights of termination contained in Section 6.2, on such date and at such time as BHC may reasonably determine following the BHC Shareholders and the B+L Shareholders approving the Arrangement as set out in the Interim Order and Applicable Law, BHC and B+L obtaining the Final Order and the satisfaction (or waiver, if applicable) of the other conditions herein contained in favour of each of the Parties, the Parties covenant and agree to: (i) file with the Director any and all documents as may be required under the CBCA, including the Articles of Arrangement; (ii) file any and all documents as may be required under the BCBCA by the Registrar; and (iii) exchange (to the extent not previously exchanged) such other documents as may be necessary or desirable, in each case, to give effect to the Arrangement and implement the Plan of Arrangement on the Effective Date. BHC shall provide written notice to B+L of the date and time so determined a reasonable period (and in any event not less than 10 Business Days) prior to such date.
(b) The closing of the Arrangement will take place remotely by exchange of documents and signatures (or their electronic counterparts).
Effecting the Arrangement. The Arrangement shall become effective at the Effective Time. Subject to the rights of termination contained in Article X upon the Canadian Arrow Shareholders providing the Canadian Arrow Shareholder Approval in accordance with the Interim Order, Canadian Arrow obtaining the Final Order and the other conditions contained in Article VIII being complied with or waived, Canadian Arrow shall file with the Director the Final Order and such other documents as may be required in order to effect the Arrangement, whereupon the Arrangement and other transactions contemplated by this Agreement shall occur and shall be deemed to have occurred in the order set out in the Plan of Arrangement without any further act or formality.
Effecting the Arrangement. The Arrangement shall become effective at the Effective Time. Subject to the rights of termination contained in Article 8, upon the Lexam VG Gold Shareholders providing the Lexam VG Gold Shareholder Approval in accordance with the Interim Order, Lexam VG Gold obtaining the Final Order and the other conditions contained in Article 6 being complied with or waived, Lexam VG Gold shall file with the Director the Final Order and such other documents as may be required in order to effect the Arrangement, whereupon the Arrangement and other transactions contemplated by this Arrangement Agreement shall occur and shall be deemed to have occurred in the order set out in the Plan of Arrangement without any further act or formality.
Effecting the Arrangement. Subject to the rights of termination contained in Section 6.2 hereof, upon the ▇▇▇▇▇▇▇ Shareholders providing ▇▇▇▇▇▇▇ Shareholder Approval in accordance with the Interim Order, the EFI Shareholders providing EFI Shareholder Approval at the EFI Meeting, the Final Order being issued and satisfaction or waiver of the conditions precedent set forth in Article 5, the Final Order shall be filed by ▇▇▇▇▇▇▇ with the applicable government registrar together with such other documents as may be required to effect the Arrangement and from and after the Effective Time, the Plan of Arrangement shall have all of the effects contemplated by law, including the OBCA.
Effecting the Arrangement. Subject to the rights of termination contained in Article 7 hereof, upon the Corporation Shareholders providing the Corporation Shareholder Approval in accordance with the Interim Order, Corporation obtaining the Final Order and the other conditions contained in Article 5 hereof being complied with or waived, to the extent required under the BCBCA, Corporation shall file with the Registrar the Final Order and such other documents as may be required in order to effect the Arrangement.
Effecting the Arrangement. Subject to the rights of termination contained in Article Seven hereof, upon the Glamis Shareholders providing the Glamis Shareholder Approval in accordance with the Interim Order, Glamis obtaining the Final Order and the other conditions contained in Article Five hereof being complied with or waived, Glamis shall, if necessary, file with the Registrar the Final Order and such other documents as may be required in order to effect the Arrangement.
Effecting the Arrangement. The Arrangement shall become effective at the Effective Time: (a) on the date the Final Order is deposited at the registered office of Canadian Gold (the “Effective Date”) which date shall be the date that is three Business Days after the satisfaction or waiver (subject to applicable Laws) of the conditions set forth in Article 6 (other than the delivery of items to be delivered on the Effective Date and the satisfaction of those conditions that, by their terms, cannot be satisfied until immediately prior to the Effective Date); or (b) such date as mutually agreed in writing by the Parties. Subject to the rights of termination contained in Article 8, upon the Canadian Gold Shareholders providing the Canadian Gold Shareholder Approval in accordance with the Interim Order, Canadian Gold obtaining the Final Order and the other conditions contained in Article 6 being complied with or waived, Canadian Gold shall deposit the Final Order at the registered office of Canadian Gold, whereupon the Arrangement and other transactions contemplated by this Arrangement Agreement shall occur and shall be deemed to have occurred in the order set out in the Plan of Arrangement without any further act or formality.
Effecting the Arrangement. Subject to the rights of termination contained in Section 6.02 hereof, upon the Western Shareholders providing the Western Shareholder Approval in accordance with the Interim Order, the New Gold Shareholders providing the New Gold Shareholders Approval in accordance with this Agreement, Western obtaining the Final Order and satisfaction or waiver of the conditions precedent set forth in Schedules E, F and G, the Articles of Arrangement shall be filed by Western with the Director and from and after the Effective Time, the Plan of Arrangement shall have all of the effects contemplated by law, including the OBCA.
Effecting the Arrangement. Subject to the rights of termination contained in Article 8 hereof, upon the Alexandria Shareholders providing the Alexandria Shareholder Approval in accordance with the Interim Order, Alexandria obtaining the Final Order and the other conditions contained in Article 6 hereof being complied with or waived, to the extent required under the CBCA, Alexandria shall file with the Registrar the Final Order and such other documents as may be required in order to effect the Arrangement.
Effecting the Arrangement. Subject to the rights of termination contained in Section 6.2 hereof, upon the Titan Shareholders providing Titan Shareholder Approval in accordance with the Interim Order, the EFI Shareholders providing EFI Shareholder Approval at the EFI Meeting, the Final Order being issued and satisfaction or waiver of the conditions precedent set forth in Schedules C, D and E, the Final Order shall be filed jointly by the Parties with the applicable government registrar together with such other documents as may be required to effect the Arrangement and from and after the Effective Time, the Plan of Arrangement shall have all of the effects contemplated by law, including the CBCA.