Common use of Effective Date and Survival Clause in Contracts

Effective Date and Survival. This Agreement shall be effective as of the Termination Date and shall remain in force and be binding so long as the applicable period of assessments (including extensions) remains unexpired for any taxes contemplated by this Agreement; provided, however, that if the Public Offering has not been consummated on or before December 31, 2018, this Agreement will be void, having no force or effect.

Appears in 2 contracts

Samples: S Corporation Termination and Tax Sharing Agreement (William Bradford Haines Financial Services Trust), S Corporation Termination and Tax Sharing Agreement (Bank7 Corp.)

AutoNDA by SimpleDocs

Effective Date and Survival. This Agreement shall be effective as of the Termination Date and shall remain in force and be binding so long as the applicable period of assessments (including extensions) remains unexpired for any taxes contemplated by this Agreement; provided, however, that if the Public Offering has not been consummated on or before December 31, 20182017, this Agreement will be void, having no force or effect.

Appears in 2 contracts

Samples: S Corporation Termination and Tax Sharing Agreement (Luther Burbank Corp), S Corporation Termination and Tax Sharing Agreement (Luther Burbank Corp)

Effective Date and Survival. This Agreement shall be effective as of the Termination Date and shall remain in force and be binding so long as the applicable period of assessments (including extensions) remains unexpired for any taxes contemplated by this Agreement; provided, however, that if the Public Offering has not been consummated on or before December 31, 20182021, this Agreement will be void, having no force or effect.

Appears in 2 contracts

Samples: S Corporation Termination and Tax Sharing Agreement (Five Star Bancorp), S Corporation Termination and Tax Sharing Agreement (Five Star Bancorp)

AutoNDA by SimpleDocs

Effective Date and Survival. This Agreement shall be effective as of the Termination Date consummation of the Public Offering and shall remain in force and be binding so long as the applicable period of assessments (including extensions) remains unexpired for any taxes contemplated by this Agreement; provided, however, that if the Public Offering has not been consummated on or before December 31, 20182016, this Agreement will be void, having no force or effect.

Appears in 1 contract

Samples: S Corporation Termination and Tax Sharing Agreement (FB Financial Corp)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!