Effective date of Transaction definition

Effective date of Transaction means the date on which the transaction documents (such as Bank Guarantee or Standby Letter of Credit issued by ABSA BANK MOZAMBIQUE Maputo, Mozambique via their international correspondent bank, Barclays Bank London United Kingdom) are concluded and become Legally Binding
Sample 1
Effective date of Transaction means the date on which the transaction documents (such as Bank Guarantee or Standby Letter of Credit issued by Commercial Bank of Ethiopia (CBE) Addis Ababa, Ethiopia confirmed by their international correspondent bank, Standard Chartered Bank, London, United Kingdom are concluded and become Legally Binding
Sample 1

Examples of Effective date of Transaction in a sentence

  • However the Company may request Us for a replacement run-off Policy at least 15days before the Effective Date of Transaction or date of expiry of the policy whichever is earlier Effective date of Transaction means the date of obtaining Court Order of approval of such Transaction.

Related to Effective date of Transaction

  • Effective Date of Settlement means: the date on which all of the conditions to settlement set forth in § 2 of this Settlement Agreement have been fully satisfied or waived and the Settlement shall have become Final.

  • Effective Date of Contract means the date established in the Contract for the Contractor’s work to begin, or the date the Contract has been fully executed and received all required approvals, whichever date is later.

  • Effective date of enrollment means the first date when an en- rollee is entitled to receive covered benefits.

  • Closing Date Transactions means, collectively (a) the funding of the Loans on the Closing Date and the execution and delivery of Loan Documents to be entered into on the Closing Date, (b) the Debt Proceeds Transfer, and (c) the payment of Closing Date Transaction Expenses.

  • Date of Execution means the date on the cover page as of which the Parties have executed this Settlement Agreement.

  • Merger Effective Date means the date on which the Merger is consummated.

  • Amendment No. 8 Effective Date has the meaning assigned to such term in Amendment No. 8.

  • Target Effective Date has the meaning specified in Section 2.01(a).

  • Amendment No. 7 Effective Date has the meaning assigned to such term in Amendment No. 7.

  • Required Effective Date means the relevant Initial Required Effective Date or Increased Required Effective Date (as those terms are defined below).

  • Amendment No. 6 Effective Date has the meaning set forth in Amendment No. 6.

  • Amendment No. 4 Effective Date has the meaning assigned to such term in Amendment No. 4.

  • Amendment No. 2 Effective Date has the meaning specified in Amendment No. 2.

  • Amendment No. 5 Effective Date has the meaning set forth in Amendment No. 5.

  • Amendment No. 1 Effective Date has the meaning specified in Amendment No. 1.

  • Rollover Notification Date shall be defined as set forth in the Prospectus under "Summary of Essential Information."

  • Order Form Effective Date means the date on which an Order Form comes into effect as indicated in that Order Form.

  • Initial Effective Date means the date that the Initial Registration Statement has been declared effective by the SEC.

  • Amendment No. 3 Effective Date has the meaning specified in Amendment No. 3.

  • Effective Date of Termination means the date on which a Qualifying Termination occurs, as provided in Section 2.2 herein, which triggers the payment of Severance Benefits hereunder.

  • Increase Effective Date has the meaning specified in Section 2.14(d).

  • SEC Effective Date means the date the Registration Statement is declared effective by the Commission.

  • Flip-over Transaction or Event means a transaction or series of transactions after a Flip-In Date in which, directly or indirectly, (i) the Company shall consolidate or merge or participate in a share exchange with any other Person if, at the time of the consolidation, merger or share exchange or at the time the Company enters into any agreement with respect to any such consolidation, merger or share exchange, the Acquiring Person Controls the Board of Directors of the Company and either (A) any term of or arrangement concerning the treatment of shares of capital stock in such consolidation, merger or share exchange relating to the Acquiring Person is not identical to the terms and arrangements relating to other holders of the Common Stock or (B) the Person with whom the transaction or series of transactions occurs is the Acquiring Person or an Affiliate or Associate of the Acquiring Person or (ii) the Company shall sell or otherwise transfer (or one or more of its Subsidiaries shall sell or otherwise transfer) assets (A) aggregating more than 50% of the assets (measured by either book value or fair market value) or (B) generating more than 50% of the operating income or cash flow, of the Company and its Subsidiaries (taken as a whole) to any Person (other than the Company or one or more of its wholly owned Subsidiaries) or to two or more such Persons which are Affiliates or Associates or otherwise acting in concert, if, at the time of the entry by the Company (or any such Subsidiary) into an agreement with respect to such sale or transfer of assets, the Acquiring Person Controls the Board of Directors of the Company. An Acquiring Person shall be deemed to "Control" the Company's Board of Directors when, following a Flip-In Date, the Persons who were directors of the Company before the Flip-In Date shall cease to constitute a majority of the Company's Board of Directors.

  • Evaluation Date shall have the meaning ascribed to such term in Section 3.1(s).