Effectiveness and Closing Sample Clauses

Effectiveness and Closing. This Agreement shall become effective upon the date hereof. On the Closing Date, the Company will issue and deliver the Notes to be sold to each of the Purchasers (or its nominee or designee) against payment of the full purchase price therefor by wire transfer of immediately available funds to an account designated by the Company and the Company will issue and deliver the Warrants to be issued to each of the Purchasers (or its nominee or designee). The Notes shall be dated and bear interest from the Closing Date.
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Effectiveness and Closing. The funds delivered by the Purchaser to the Company pursuant to this Note Agreement will be held in escrow by Sichenzia Xxxx Xxxxxxxx Xxxxxxx LLP until all documentation has been signed in connection with this purchase and the company has accepted the offer of the Purchaser. Upon the Company’s acceptance of the offer, all parties hereto consent that Sichenzia Xxxx Xxxxxxxx Xxxxxxx LLP may release any funds in escrow to the Company upon instructions received by the Company. No minimum amount of subscription to the Notes being offered shall be required for the Company to consummate this transaction.
Sample 1
Effectiveness and Closing. (a) The parties acknowledge that Xicom has not delivered complete disclosure schedules, as contemplated in Article 3, nor has Radyne interviewed employees or third parties (such as customers, suppliers, dealers, sales representatives, lenders and lessors). Xicom agrees that (i) within five business days of the date hereof (the “Due Diligence Delivery Date”), it will provide complete disclosure schedules, together with all underlying documentation or information to Radyne and (ii) it will provide access to its employees and third parties for the purpose of Radyne completing interviews thereof.
Sample 1
Effectiveness and Closing. This Agreement shall be effective among the parties when fully signed and notarized. Closing shall occur as promptly as possible after the shareholders of WHAM have considered and approved this Agreement. A meeting of the WHAM shareholders shall be called as soon as possible and asked to approve the execution and performance of this Agreement.
Sample 1
Effectiveness and Closing. The funds delivered by the Purchaser to the Company pursuant to this Agreement will be held in escrow. If, by or before December 28, 2001, there shall be received, in escrow, funds with respect to Notes, with an aggregate original principal amount of at least $200,000, the Closing may take place. If this minimum amount is not received in escrow by December 28, 2001, all funds delivered into escrow by such time shall be returned. The maximum amount of funds to be raised with respect to Notes shall be $1,500,000. In addition, if for any reason whatsoever, the transaction involving this Agreement and the documents related hereto shall be altered in any manner which is materially adverse to the Purchaser, prior to the execution of the Note and the Warrant by the Company and prior to the Closing, the funds which will have been deposited into escrow will be returned. [Balance of this page intentionally left blank.]
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Effectiveness and Closing 
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Related to Effectiveness and Closing

  • Effectiveness and Term 6.1 This Agreement shall take effect as of the date first written above. The term of this Agreement is ten (10) years unless early termination occurs in accordance with relevant provisions herein or any other agreement reached by the Parties.

  • Effectiveness; Survival This Agreement shall become effective when executed and delivered by the parties hereto. All covenants, agreements, representations and warranties made by any party in this Agreement shall be considered to have been relied upon by the other parties hereto and shall survive the execution and delivery of this Agreement. This Agreement shall continue in full force and effect notwithstanding the commencement of any Insolvency or Liquidation Proceeding against the Company or any of the Subsidiaries.

  • Effectiveness of Covenants (a) Following the first day:

  • Effectiveness and Miscellaneous 13.1 The Agreement shall come into effect upon the date when it is executed by the legal representatives or authorized representatives of the parties.

  • Effectiveness and Termination Upon the execution of this Agreement by the parties hereto, this Agreement shall become effective in this form as of the Time of Sale, and may be terminated at any time by any party upon thirty (30) days prior written notice to the other parties unless earlier terminated: (i) in accordance with Section 2(a)(i); (ii) upon notice to the Authorized Participant by the Trustee in the event of a breach by the Authorized Participant of this Agreement or the procedures described or incorporated herein; (iii) immediately in the circumstances described in Section 18(j); or (iv) at such time as the Trust is terminated pursuant to the Trust Agreement.

  • Effectiveness Conditions This Amendment shall be effective upon the completion of the following conditions precedent (all agreements, documents and instruments to be in form and substance satisfactory to Agent and Agent’s counsel):

  • Effectiveness of the Agreement This Agreement shall become effective when both the Company and the Representative have executed the same and delivered counterparts of such signatures to the other party.

  • Effectiveness of Assignments Subject to acceptance and recording thereof pursuant to paragraph (c) of this Section, from and after the effective date specified in each Assignment and Assumption the assignee thereunder shall be a party hereto and, to the extent of the interest assigned by such Assignment and Assumption, have the rights and obligations of a Lender under this Agreement, and the assigning Lender thereunder shall, to the extent of the interest assigned by such Assignment and Assumption, be released from its obligations under this Agreement (and, in the case of an Assignment and Assumption covering all of the assigning Lender’s rights and obligations under this Agreement, such Lender shall cease to be a party hereto but shall continue to be entitled to the benefits of Sections 2.12, 2.13, 2.14 and 9.03 with respect to facts and circumstances occurring prior to the effective date of such assignment). Any assignment or transfer by a Lender of rights or obligations under this Agreement that does not comply with this Section 9.04 shall be treated for purposes of this Agreement as a sale by such Lender of a participation in such rights and obligations in accordance with paragraph (f) of this Section.

  • Effectiveness of Agreement This Agreement shall become effective upon the execution and delivery hereof by the parties hereto.

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