Post-Effective Date Sample Clauses

Post-Effective Date. If Force Majeure had occurred post commencement of operations, upon its coming to an end, the Shelter Management Agency shall resume normal services under this Agreement immediately. The DUSIB, if he considers it necessary, may grant an extension of time to the Shelter Management Agency for resuming normal services under this Agreement. However, DUSIB will deduct for each day of the extension period an amount proportionate to the number of Night Shelters affected and non operational in the Service Area from the Payment for Night Shelters to be made to the Shelter Management Agency as per this Agreement. If normal services are not resumed immediately or within the extended time, the DUSIB will have the option to deduct penality amount from payment due towards SMA and/or terminate the Agreement.
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Post-Effective Date. The Loan Parties will deliver to Lender the Post-Effective Date Obligations prior to the deadline therefor provided for on Schedule 6.25.‌
Post-Effective Date. For the remainder of 2005, Executive shall participate in the annual bonus program Employer shall establish for its senior executives (the “Annual Bonus Program”) and shall be eligible to receive a full-year 2005 bonus, provided that any such full-year bonus earned shall be reduced by the Pre-Effective Date 2005 Bonus and such difference to be payable within 45 days after year-end 2005.
Post-Effective Date. Liability From and after the Effective Date, ReoStar assumes all liability for and shall be solely responsible for any and all Losses of any nature whatsoever in connection with the ownership, use, operation, maintenance, or existence of the Property prior to the Effective Date (collectively, the "Pre-Effective Date Liabilities"). ReoStar agrees to hold harmless, defend and indemnify Cimmarron and its Affiliates and their respective owners, directors, managers, officers, employees, agents, successors, legal representatives, and assigns (the "Cimmarron Group") from any and all Pre-Effective Date Liabilities, regardless of the presence or lack of insurance.
Post-Effective Date. In the event that the Underwriter purchases less than all of the Option Units that are subject to the Over-Allotment Option, the Company shall have a Dividend Share Repurchase Right (and obligation) to purchase, at the Repurchase Price, such number of Dividend Shares from the Initial Stockholders as is determined in accordance with Paragraph I.C. below, which right shall be exercised by giving each Initial Stockholder notice of the same within two Business Days following the date of the expiration or termination (other than by exercise in full by the Underwriter) of all or any portion of the Over-Allotment Option in accordance with the terms thereof (“Expiration Date”). The Dividend Shares determined to be subject to repurchase in accordance with Paragraph I.C. below are referred to herein as the “Repurchase Shares”.
Post-Effective Date. Immediately after the Effective Date WNET will convey its wholly-owned subsidiary, Home Alert Security Corporation, a Georgia corporation, to Don Xxxxxx xxx $10.
Post-Effective Date. As consideration of the Term Loan (and each portion thereof) made and to be made under this Agreement, as promptly as practicable, and in any event within 30 days (or such later date as the Agent may agree in its sole discretion) after the Effective Date, the Borrower and each other Loan Party, as the context requires, will deliver and/or register and/or cause to be delivered (i) all Security Documents (including any perfection instruments (including PPSA financing statements and movable register filings)) that the Agent shall require and which shall grant to the Agent a perfected first priority Lien and security interest on each Loan Party’s furniture, fixtures and equipment and (ii) legal opinions from its counsel addressed to the Agent and the Lenders in form and substance satisfactory to the Lenders in respect of such Security Documents and related registrations.
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Post-Effective Date. All liabilities and obligations incurred by Seller or its Affiliates or their respective directors, officers, shareholders, agents or employees after the Effective Date other than as a result of a breach by Buyer of this Agreement or any of the other documents or agreements contemplated hereby;
Post-Effective Date 

Related to Post-Effective Date

  • Restatement Effective Date The obligations of the Lenders to make Loans and of the Issuing Bank to issue Letters of Credit hereunder shall not become effective until the date on which each of the following conditions is satisfied (or waived in accordance with Section 9.02):

  • Agreement Effective Date This Agreement shall become effective and binding upon each Party immediately following the occurrence of the following conditions (the “Agreement Effective Date”):

  • Amendment Effective Date This Amendment shall become effective as of the first date (the “Amendment Effective Date”) on which each of the following conditions shall have been satisfied:

  • Effect; Effective Date Upon (i) delivery to the Agent of a duly executed Assignment Agreement, together with any consents required by Sections 12.3(a) and 12.3(b), and (ii) payment of a $3,500 fee to the Agent for processing such assignment (unless such fee is waived by the Agent), such Assignment Agreement shall become effective on the effective date specified by the Agent in such Assignment Agreement. The Assignment Agreement shall contain a representation by the Purchaser to the effect that none of the consideration used to make the purchase of the Commitment and Credit Exposure under the applicable Assignment Agreement constitutes “plan assets” as defined under ERISA and that the rights and interests of the Purchaser in and under the Loan Documents will not be “plan assets” under ERISA. On and after the effective date of such Assignment Agreement, such Purchaser shall for all purposes be a Lender party to this Agreement and any other Loan Document executed by or on behalf of the Lenders and shall have all the rights and obligations of a Lender under the Loan Documents, to the same extent as if it were an original party thereto, and the transferor Lender shall be released with respect to the Commitment and Credit Exposure assigned to such Purchaser without any further consent or action by the Borrower, the Lenders or the Agent. In the case of an Assignment Agreement covering all of the assigning Lender’s rights and obligations under this Agreement, such Lender shall cease to be a Lender hereunder but shall continue to be entitled to the benefits of, and subject to, those provisions of this Agreement and the other Loan Documents which survive payment of the Obligations and termination of the applicable agreement. Any assignment or transfer by a Lender of rights or obligations under this Agreement that does not comply with this Section 12.3 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 Section 12.2. Upon the consummation of any assignment to a Purchaser pursuant to this Section 12.3(c), the transferor Lender, the Agent and the Borrower shall, if the transferor Lender or the Purchaser desires that its Loans be evidenced by Notes, make appropriate arrangements so that new Notes or, as appropriate, replacement Notes are issued to such transferor Lender and new Notes or, as appropriate, replacement Notes, are issued to such Purchaser, in each case in principal amounts reflecting their respective Commitments, as adjusted pursuant to such assignment.

  • Employment; Effective Date Company agrees to employ Executive, and Executive agrees to be employed by Company, beginning as of the Effective Date and continuing for the period of time set forth in Article III of this Agreement, subject to the terms and conditions of this Agreement.

  • The Effective Date The Merger shall become effective on the date and at the time (the “Effective Date”) that:

  • Effective Date The obligations of the Lenders to make Loans and of the Issuing Bank to issue Letters of Credit hereunder shall not become effective until the date on which each of the following conditions is satisfied (or waived in accordance with Section 9.02):

  • Revocation/Effective Date This Agreement shall not become effective or enforceable until the eighth day after Employee signs this Agreement. In other words, Employee may revoke Employee’s acceptance of this Agreement within seven (7) days after the date Employee signs it. Employee’s revocation must be in writing and received by ______________, the Company’s ______________ Officer, 0000 Xxxxxx Xxxx, Xxxxx 000, Xxx Xxxxx, XX 00000 by 5:00 p.m. Central Time on the seventh day in order to be effective. If Employee does not revoke acceptance within the seven (7) day period, Employee’s acceptance of this Agreement shall become binding and enforceable on the eighth day (“Effective Date”). The Severance Package shall become due and payable in accordance with Section 2 above after the Effective Date.

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