Upon Effective Date Sample Clauses
The 'Upon Effective Date' clause establishes that certain rights, obligations, or actions become operative as soon as the agreement officially takes effect. In practice, this means that specific provisions—such as payment schedules, delivery timelines, or the commencement of services—are triggered immediately on the date the contract is deemed effective. This clause ensures that all parties are clear about when their responsibilities begin, preventing ambiguity and potential disputes regarding the timing of contractual duties.
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Upon Effective Date. This Agreement shall be in full force and effect, enforceable and binding in all respects, upon occurrence of the date on which the CPUC Approval Condition Precedent has been obtained or waived in writing by both Parties (“Effective Date”). Unless otherwise specified, all obligations of the Parties are binding throughout the Delivery Term.
Upon Effective Date. This Agreement shall be in full force and effect, enforceable and binding in all respects, upon occurrence of the Effective Date.
Upon Effective Date. This Agreement shall be in full force and effect, enforceable and binding in all respects, upon occurrence of the date on which the Approval Condition Precedent has been obtained or waived in writing by both Parties (“Effective Date”). Unless otherwise specified, all obligations of the Parties are binding throughout the Delivery Term.
Upon Effective Date. This Assignment shall be in full force and effect, enforceable and binding in all respects, upon occurrence of the date on which all Assignment Conditions Precedent have been obtained or waived in writing by both Parties in accordance with Section 2.3 (“Effective Date”). Unless otherwise specified, all obligations of the Parties are binding throughout the Assignment Period.
Upon Effective Date and during Executive's employment under this Agreement, the Company shall provide to Executive coverage under benefit programs in accordance with those Executive, mid-career hire and Senior Management benefit plans as are generally made available to other Company executives. The terms of the applicable plan and not this Agreement govern the provision of benefits to Executive under the specific plans. Moreover, the Company reserves the right to modify and/or eliminate any benefit plan applicable to Executive; provided, however, that any modification or deletion of a benefit plan shall not affect Executive to any greater or lesser extent than any other Company executive.