Effective Date; Pooling Sample Clauses

Effective Date; Pooling. This Agreement shall become effective as of the date set forth above. In the event that the Company is party to an agreement with respect to a transaction that is intended to qualify for "pooling of interests" accounting t r eatment, then (A) this Agreement shall, to the extent practicable, be interpreted so as to permit such accounting treatment, and (B) to the extent that the application of clause (A) of this Section 13 does not preserve the availability of such accounting treatment, then the Company shall have the unilateral right to amend this Agreement to the extent necessary to enable the Company s accountants to issue a "pooling" opinion with respect to such transaction, and any such amendment shall be effective as of the date hereof. If this letter sets forth our agreement on the subject matter hereof, kindly sign and return to the Company the enclosed copy of this letter which will then constitute our agreement on this subject. Sincerely, TECO Energy, Inc. By_________________________________ Name: Xxxxxx X. Xxxxxxxx Title: CEO and Chairman of the Board Agreed to this _______ day of __________________, 1998. ______________________________ PRIVILEGED AND CONFIDENTIAL July 15, 1998 __________________ __________________ __________________ Dear _____________: TECO Energy, Inc. (the "Company") considers it essential to the best interests of its stockholders to xxxxxx the continuous employment of key management personnel. In this connection, the Board of Directors of the Company (the "Board") recognizes that, as is the case with many publicly held corporations, the possibility of a change in control may exist and that such possibility, and the uncertainty and questions which it may raise among management, may result in the departure or distraction of key management personnel to the detriment of the Company and its stockholders. The Board has determined that appropriate steps should be taken to reinforce and encourage the continued attention and dedication of members of the Company's management, including yourself, to their assigned duties without distraction in the face of potentially disturbing circumstances arising from the possibility of a change in control of the Company. In order to induce you to remain in the employ of the Company and in consideration of your agreement set forth in Subsection 2(iii) hereof, the Company agrees that you shall receive the severance benefits set forth in this letter agreement (the "Agreement") in the event your employm...
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Effective Date; Pooling. This Agreement shall become effective as of the date set forth above. In the event that the Company is party to an agreement with respect to a transaction that is intended to qualify for "pooling of interests" accounting t r eatment, then (A) this Agreement shall, to the extent practicable, be interpreted so as to permit such accounting treatment, and (B) to the extent that the application of clause (A) of this Section 13 does not preserve the availability of such accounting treatment, then the Company shall have the unilateral
Sample 1Sample 2
Effective Date; Pooling. This Agreement shall become effective as of the date set forth above. In the event that the Company is party to an agreement with respect to a transaction that is intended to qualify for "pooling of interests" accounting treatment, then (A) this Agreement shall, to the extent practicable, be interpreted so as to permit such accounting treatment, and (B) to the extent that the application of clause (A) of this Section 13 does not preserve the availability of such accounting treatment, then the Company shall have the unilateral right to amend this Agreement to the extent necessary to enable the Company's accountants to issue a "pooling" opinion with respect to such transaction, and any such amendment shall be effective as of the date hereof.
Sample 1
Effective Date; Pooling. This Agreement shall become effective as of the date set forth above. In the event that the Company is party to an agreement with respect to a transaction that is intended to qualify for "pooling of interests" accounting treatment, then (A) this Agreement shall, to the extent practicable, be interpreted so as to permit such accounting treatment, and (B) to the extent that the application of clause (A) of this Section 13 does not preserve the availability of such accounting treatment, then the Company shall have the unilateral right to amend this Agreement to the extent necessary to enable the Company's accountants to issue a "pooling" opinion with respect to such transaction, and any such amendment shall be effective as of the date hereof. If this letter sets forth our agreement on the subject matter hereof, kindly sign and return to the Company the enclosed copy of this letter which will then constitute our agreement on this subject. Sincerely, TECO Energy, Inc. By /s/ ------------------------------------- Name: Rogex X. Xxxx Title: Vice President-Human Resources Agreed to this _______ day of __________________, 2000. ____________________________ Signature
Sample 1
Effective Date; Pooling. This Agreement shall become effective as of the date set forth above. In the event that the Company is party to an agreement with respect to a transaction that is intended to qualify for "pooling of interests" accounting
Sample 1

Related to Effective Date; Pooling

  • Effective Date; Duration This Agreement shall become effective when signed by both parties and approved by the City’s legal counsel. Unless sooner terminated, this Agreement shall expire on June 30, 2019. Termination or expiration shall not extinguish or prejudice the City’s right to enforce this Agreement with respect to any default or defect in performance that has not been cured.

  • Effective Date; Term This Agreement shall become effective on the date first written above and shall remain in force for a period of time of two years from such date, and from year to year thereafter but only so long as such continuance is specifically approved at least annually by the vote of a majority of the Trustees who are not interested persons of the Fund, the Adviser or the Sub-Adviser, cast in person at a meeting called for the purpose of voting on such approval, and by a vote of the Board of Trustees or of a majority of the outstanding voting securities of the Series. The aforesaid requirement that this Agreement may be continued "annually" shall be construed in a manner consistent with the 1940 Act and the rules and regulations thereunder.

  • Effective Date Deliveries On the Effective Date, the Company shall have delivered to the Representative executed copies of the Trust Agreement, the Warrant Agreement, the Registration Rights Agreement, all of the Insider Letters and the Subscription Agreement.

  • Termination Date, Etc “Termination Date” shall mean in the case of the Executive’s death, his date of death, or in all other cases, the date specified in the Notice of Termination subject to the following:

  • Effective Date and Termination Date The term of this SCIA shall commence on the Effective Date indicated on page 1 above and terminate on December 31, 2024, unless sooner terminated or extended as provided for below.

  • Effective Date; Termination Section 6.01. The following events are specified as additional conditions to the effectiveness of the Development Credit Agreement within the meaning of Section 12.01

  • Effective Date and Allocations If the Aggregate Commitments are increased in accordance with this Section, the Administrative Agent and the Borrower shall determine the effective date (the “Increase Effective Date”) and the final allocation of such increase. The Administrative Agent shall promptly notify the Borrower and the Lenders of the final allocation of such increase and the Increase Effective Date.

  • Effective Date of Agreement The provisions of the agreement will come into full force and effect on the date of ratification, unless specified otherwise.

  • Effective Date of the Agreement The date indicated in the Agreement on which it becomes effective, but if no such date is indicated, it means the date on which the Agreement is signed and delivered by the last of the two parties to sign and deliver.

  • EFFECTIVE DATE OF CONTRACT This contract shall not become effective until and unless approved by the City of Nashua.

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