Effectiveness of Transactions. Notwithstanding anything contained in this Agreement to the contrary, (a) none of Sections 2.1 through 2.13 shall be operative or have any effect until the Effective Time and (b) none of the provisions of Sections 2.14 through 2.17 or Article III shall be operative or have any effect until the Closing Time, at which respective time all such applicable provisions shall be effective and operative in accordance with Section 5.1 without further action by any Party.
Effectiveness of Transactions. Notwithstanding anything contained in this Agreement to the contrary, none of the provisions of Article II shall be operative or have any effect until the Effective Time, at which time all such applicable provisions shall be effective and operative in accordance with Section 5.1 without further action by any Party.
Effectiveness of Transactions. Notwithstanding anything contained in this Agreement to the contrary, (a) none of the provisions of Section 2.1 through Section 2.5 shall be operative or have any effect until the Effective Time, (b) none of the provisions of Section 2.6 through Section 2.9 shall be operative or have any effect until the Closing Time and (c) none of the provisions of Article III shall be operative or have any effect until the applicable Option Closing Time or the expiration of the Option Period, as applicable, at which respective times all such applicable provisions shall be effective and operative in accordance with Section 5.1 without further action by any Party.
Effectiveness of Transactions. Notwithstanding anything contained in this Agreement to the contrary, Section 2.1 shall be operative on the date hereof without further action by any Party.
Effectiveness of Transactions. All of the transactions in Sections 2.1 through 2.9 shall be effected at Closing in the order set forth in this Section 2, except that those transactions in Sections 2.2 and 2.3 shall occur simultaneously, and none of such transactions shall be effective unless all such transactions are effected.
Effectiveness of Transactions. All transactions, deliveries and ----------------------------- payments to take place at the Closing shall be deemed to take place simultaneously and no transaction, delivery of any certificate, consent or other document, or payment shall be deemed made until all transactions, deliveries and payments at the Closing are completed. All such transactions, deliveries and payments shall be given effect as of the close of business on the Closing date.
Effectiveness of Transactions. All transactions contemplated by and provided for in this Agreement, the Merger Agreement, the First Harrisburg Plan of Liquidation, and the First Federal Merger Agreement shall be imminent and there shall be no impediment existing that would materially impair the Parties' ability to effectuate same.
Effectiveness of Transactions. 13 5.3 Deliveries by the Seller at Closing. . . . . . . . 13 5.4 Deliveries by the Buyer at Closing . . . . . . . . 15 5.5 Joint Deliveries by the Buyer and the Seller at the Closing. . . . . . . . . . . . . 15 ARTICLE SIX
Effectiveness of Transactions. The parties agree that the ----------------------------- transactions contemplated in the various steps to this Plan of Reorganization shall be deemed to take place in the sequence set forth herein and on the dates set forth in the various instruments giving effect to such transactions, without regard to the date of recordation of any instrument of conveyance or other similar document or the date of the perfection of any security interest; provided, however, that the effective date of any merger provided for in this -------- ------- Plan of Reorganization shall be determined in accordance with the applicable law of the jurisdiction in question.
Effectiveness of Transactions. The closing and effectiveness of each of the transactions and other actions contemplated at the Closing is contingent upon the closing and effectiveness of all of said transactions and actions in accordance with the terms of this Agreement, except to the extent any such contingency is waived or modified in writing and, with the exception of the Dissolved Corporations, the reinstatement, transfer and pledge of shares of each shall take place after the Closing, as set forth below.
