Common use of Effective Time of Closing Clause in Contracts

Effective Time of Closing. The parties agree that, the transactions described in this Agreement shall be deemed effective as of 12:01 A.M., Eastern Time, on the Closing Date (the "Effective Time of Closing").

Appears in 2 contracts

Samples: Asset Purchase Agreement (Weyco Group Inc), Asset Purchase Agreement (Florsheim Group Inc)

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Effective Time of Closing. The parties agree that, for all financial statement, accounting and other purposes, the transactions described in this Agreement shall be deemed effective as of 12:01 A.M.a.m., Eastern TimePhoenix local time, on the Closing Date (the "Effective Time of Closing").

Appears in 2 contracts

Samples: Asset Purchase Agreement (Danninger Medical Technology Inc), Asset Purchase Agreement (Orthologic Corp)

Effective Time of Closing. The parties agree that, that the transactions described in this Agreement shall be deemed effective as of 12:01 A.M.11:59 P.M., Eastern Central Time, on the Closing Date (the "Effective Time of Closing").

Appears in 2 contracts

Samples: Purchase and Sale Agreement (Manitowoc Co Inc), Purchase and Sale Agreement (Manitowoc Co Inc)

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Effective Time of Closing. The parties agree that, closing of the transactions described in contemplated by this Agreement (the “Closing”) shall commence at such time as may be agreed to by the Parties on the Effective Date of this Agreement (the “Closing Date”) and shall be deemed effective as of 12:01 A.M.to have occurred and be completed at 5:01 p.m., Eastern Central Time, on the Closing Date (Date, unless another date or time is agreed to in writing by the "Effective Time of Closing")Parties.

Appears in 1 contract

Samples: Asset Purchase Agreement (Ecoark Holdings, Inc.)

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