Effective Time of the Exchange. (a) The Exchange shall occur and be deemed effective without any further action by the Company or Founder immediately upon the Effective Time.
(b) Upon the effectiveness of the Exchange, the Company shall deliver to Founder such documentation as may be reasonably required to evidence that the Class C Shares have been duly issued and transferred to Founder.
Effective Time of the Exchange. Subject to the terms and conditions of this Agreement, and unless this Agreement shall have been terminated pursuant to ARTICLE VII, the Exchange shall become effective upon the completion of the Closing (the “Effective Time”).
Effective Time of the Exchange. The Exchange shall become effective at such time (the "Effective Time") as Metals and the Stockholders have completed their obligations pursuant to Section 4 hereof (the "Closing"). At the Effective Time of the Exchange, the Company shall become a wholly owned subsidiary of Metals, and the Stockholders and the ESOP shall be entitled to receive the consideration described herein, subject to the provisions hereof and as set forth herein.
Effective Time of the Exchange. The Exchange shall not become effective until, subject to the terms and conditions of this Plan of Exchange, 5:00 o’clock p.m. Central Standard Time on the day on which the following actions shall have in all respects been completed:
a. This Plan of Exchange shall have been approved by the respective board of directors of each of the Parties in accordance with the requirements of the laws of the states under which each Party is organized;
b. This Plan of Exchange shall have been approved by the members of the Company in accordance with the Company’s Operating Agreement and the Nebraska Limited Liability Company Act. The date and time when the Exchange shall become effective as aforesaid is herein referred to as “Effective Time of the Exchange.”
Effective Time of the Exchange. Upon receipt of all requisite shareholder approvals, (i) the Company shall file a duly executed Certificate of Exchange with the Texas Secretary of State (the "Texas Certificate of Exchange"), and (ii) NT Tech shall file a duly executed Certificate of Exchange with the Nevada Secretary of State (the "Nevada Certificate of Exchange") (together, the "Exchange Filings"). The "Effective Time" of the Exchange shall be the later of: (i) the date and time of acceptance for filing with the Texas Secretary of State of the Texas Certificate of Exchange, (ii) the date and time of acceptance for filing with the Nevada Secretary of State of the Nevada Certificate of Exchange, or (iii) such other time as shall be agreed to by the parties and set forth in the Texas Certificate of Exchange and the Nevada Certificate of Exchange, as applicable. The Exchange Filings shall be made as soon as practicable after the Closing of the transactions contemplated by this Agreement in accordance with Section 1.02.
Effective Time of the Exchange. The Exchange shall become effective at such time as the parties shall agree, reasonably promptly after this Agreement shall have been adopted by the stockholders of AIIG in accordance with the requirements of the laws of the State of Delaware. The time when the Exchange shall become effective is herein called the "Effective Time of the Exchange."
Effective Time of the Exchange. At the Effective Time of the Exchange, the COMPANY shall become a wholly owned subsidiary of CSI and the STOCKHOLDERS shall be entitled to receive the consideration described herein, all as set forth herein.
Effective Time of the Exchange. Subject to the provisions of this Agreement, the parties shall file a Certificate of Share Exchange in such form as is required by, and executed in accordance with, the relevant provisions of the GBCC, including § 14-2-1105, and shall make all other filings or recordings required under the GBCC as soon as practicable on or after the Closing Date. The Exchange and other transactions contemplated by this Agreement shall become effective on the date and at the time the Certificate of Share Exchange reflecting the Exchange is duly filed with the Secretary of State of the State of Georgia, or at such other time and date as Red Alert and SIMEX shall agree and as specified in the Certificate of Share Exchange (the "Effective Time").
Effective Time of the Exchange. The Exchange shall become effective immediately upon the filing of the Statement of Exchange with the Secretaries of State of the States of Nevada and Colorado in accordance with the NRS and CLLCA. The date and time of the completion of such filings is herein sometimes referred to as the “Effective Time”.
Effective Time of the Exchange. The Exchange shall become effective (the "Effective Time") on the later of (i) the day and at the time that the appropriate Articles of Exchange shall have been executed and filed in the office of the Secretary of State of Indiana, pursuant to the applicable provisions of the IBCL or (ii) one second after the effective time of the Merger.
