Effective Closing Date definition
Examples of Effective Closing Date in a sentence
Each and every officer and director of the Company shall have resigned from any and all positions with the Company as director, officer or employee effective as of immediately prior to the Effective Closing Date.
The closing shall be effective as of the close of business on March 31, 1998 (the "Effective Closing Date").
To SELLER’s Knowledge and except as set forth on Schedule 5.9, the MPOG System constitutes all the assets and properties customarily used by MPOG during the three year period prior to the Effective Closing Date to conduct the business of MPOG and to generate its revenues and earnings.
The parties shall prepare and execute appropriate merger documents under the corporate laws of Maryland and Texas, containing the terms provided in this Agreement, including a Certificate and Articles of Merger which shall be filed with the Maryland State Department of Assessments and Taxation and with the Texas Secretary of State on the Effective Closing Date, or immediately thereafter.
The parties further agree that if the Effective Closing Date is at the end of a fiscal quarter, then they will cooperate to assure that the FWB shareholders receive the dividend, if any, declared by FWB rather than the dividend for that period, if any, declared by SFG.