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