Effectiveness of Agreement; Termination. This Agreement --------------------------------------- shall not become effective until the Effective Time, at which time this Agreement shall take full force and effect. If the Effective Time does not occur prior to the termination of the Merger Agreement in accordance with its terms, then this Agreement shall terminate and be of no force and effect immediately upon termination of the Merger Agreement.
Appears in 2 contracts
Samples: Stockholder Agreement (Exodus Communications Inc), Stockholder Agreement (Global Crossing LTD)
Effectiveness of Agreement; Termination. This Agreement --------------------------------------- shall not become effective until the Effective Time, at which time this Agreement shall take full force and effect, and shall terminate on the tenth anniversary of the Effective Time. If the Effective Time does not occur prior to the termination of the Merger Agreement in accordance with its terms, then this Agreement shall terminate and shall be of no force and effect immediately upon termination of the Merger Agreementor effect.
Appears in 2 contracts
Samples: Registration Rights Agreement (Exodus Communications Inc), Registration Rights Agreement (Global Crossing LTD)
Effectiveness of Agreement; Termination. This Agreement --------------------------------------- shall not become effective until the Effective Time, at which time this Agreement shall take full force and effect, and shall terminate on the thirty-sixth month anniversary of the Effective Time. If the Effective Time does not occur prior to the termination of the Merger Agreement in accordance with its terms, then this Agreement shall terminate and shall be of no force and effect immediately upon termination of the Merger Agreementor effect.
Appears in 1 contract
Effectiveness of Agreement; Termination. This Notwithstanding anything in this Agreement --------------------------------------- shall not become effective until to the Effective Timecontrary, at which time this Agreement shall take full force be effective immediately following the Closing and effect. If the Effective Time does not occur prior to the shall terminate and be of no further effect upon termination of the Merger Agreement in accordance with its terms, then this Agreement shall terminate and be of no force and effect immediately upon ; provided such termination of the Merger AgreementAgreement occurs prior to the consummation of the Merger.
Appears in 1 contract
Samples: Stockholders’ Agreement (Readers Digest Association Inc)
