Effective Date of Closing. The Parties acknowledge that because of the logistics involved with receiving the proceeds from the IPO after pricing, there will be a delay of three (3) to five (5) Business Days between pricing of the F5 Finishes Stock at the IPO and the distribution of the net proceeds from the IPO to F5 Finishes, and in turn from F5 Finishes to the Shareholder and the shareholders of the other Combining Companies to pay the cash portion of the Purchase Price. The Parties agree that all Closing Documents will be dated as of the Effective Date (i.e., the date that the IPO is priced), and that such Closing Documents, along with the F5 Finishes Stock comprising part of the Purchase Price, and the Shares being sold to F5 Finishes will be deemed delivered in escrow, and all closing conditions shall be deemed to have been met, with the sole exception of the payment of the cash portion of the Purchase Price to Shareholder and the shareholders of the other Combining Companies, and this Agreement shall remain in full force and effect. Once payment of the cash portion of the Purchase Price to be delivered at Closing is received by Shareholder, the Closing documents, F5 Finishes Stock and the Shares shall be deemed to have been delivered and the Closing shall be deemed to have occurred as of the Effective Date. In the event that the cash portion of the Purchase Price payable at Closing is not delivered to Shareholder within five (5) business days after the Effective Date, Shareholder may terminate this Agreement in accordance with Section 9.1(b)(1) without regard to the cure period therein.
Effective Date of Closing. Notwithstanding the actual time and place of Closing, the parties stipulate and agree that the Effective Date of the sale and purchase of the Assets shall be the Closing Date.
Effective Date of Closing. Notwithstanding the actual time and place of Closing, the parties stipulate and agree that the effective date of Closing and the effective date of Exchange shall be May 20, 2005.
Effective Date of Closing. Notwithstanding the actual time and place of Closing, the parties stipulate and agree that the Effective Date of the sale and purchase of the Assets shall be January 1, 2005.
Effective Date of Closing. For convenience, the Parties agree that, for purposes of Buyer's financial accounting and reporting and the purposes specified herein, the Closing and the WC Reinsurance Transactions and Agreements will be deemed completed as of 12:01 a.m. (CST) on the morning of January 1, 2013 (such date, the “Effective Date”).
Effective Date of Closing. The effective date of the conveyance of the Acquired Properties will be at 12:30 P.M. (PST) on November 17, 2008 (the "EFFECTIVE CLOSING DATE"). Parties will use their best efforts to complete the transactions contemplated in this Agreement and thereby "close" on or before November 17, 2008.
Effective Date of Closing. Notwithstanding any other provision of this Agreement, the parties stipulate and agree that the effective date of Closing and the effective date of Exchange shall be no later than April 30, 2003.
Effective Date of Closing. Notwithstanding the actual time and place of Closing, the parties stipulate and agree that the Effective Date of the sale and purchase of the Assets shall be July 1, 1998.
Effective Date of Closing. Parties will use their best efforts to complete the transactions contemplated in this Agreement and thereby "close" on or before August 15, 2009.
Effective Date of Closing. The Closing shall be effective as of the last day of the calendar month in which the parties have received all required approvals under the HSR Act (the "Closing Date"); provided that the Closing Date shall not occur in the year 2000 without Seller's consent and in the event that pursuant to the preceding clause, the Closing Date were scheduled to occur during the year 2000, then the Closing Date would be January 31, 2001.
