Effective Time of Closing definition

Effective Time of Closing means 12:01 a.m., local time, on the Closing Date.
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Effective Time of Closing. As defined in Section 5.01(b).
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Effective Time of Closing means 5:00 p.m. Mountain Time on the Closing Date.
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Examples of Effective Time of Closing in a sentence

  • As of the Effective Time of Closing, good and valid title to the Assets (other than the Real Property) and, to the Knowledge of Seller, good and marketable title to the Real Property, free and clear of any and all Liens except for the Permitted Liens, will pass to Buyer.

  • Benefit amounts as of the date of the Effective Time of Closing will be determined on the following basis: -- Benefit Multiplier: as defined in the Hourly Plan -- Credited Service: as defined in the Hourly Plan Exhibit 8.3(c) Louisville Plan Benefit - Actuarial Assumptions and Methods The amounts to be determined under Section 8.3 shall be based on the employee’s Credited Service, and benefit multiplier as applicable as of the date of the Effective Time of Closing.

  • The Assets, Contracts (including all real and personal property leased pursuant to the Contracts) and Water Rights constitute all tangible and intangible assets, contracts and rights (other than the Excluded Assets and the Excluded Contracts) necessary for the operation of the System by Buyer after the Effective Time of Closing in accordance with Seller’s past practice.

  • From and after the Closing Date, Seller will authorize and permit Buyer and its representatives to have access during normal business hours, upon reasonable notice and for reasonable purposes and in such manner as will not unreasonably interfere with the conduct of Seller’s operations, to all books and records, files, documents and other correspondence related to the System prior to the Effective Time of Closing that were not included among the Books and Records or were Excluded Assets.

  • Buyer and Seller have agreed that Seller shall be solely responsible for all liabilities or obligations of any kind with respect to the Employees for matters occurring on or prior to the Closing Date, including but not limited to any claims by any Employees related to their employment by Seller or to the termination of their employment by Seller prior to and as of the Effective Time of Closing.


More Definitions of Effective Time of Closing

Effective Time of Closing means 11:59 p.m., Eastern Time, on the Closing Date, or such other time and date to which the parties may mutually agree.
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Effective Time of Closing. (or "Effective Time") shall mean 11:59 p.m. Central Time, on May 1, 1998.
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Effective Time of Closing means 12:01 a.m., New York City time, on the Closing Date.
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Effective Time of Closing. As defined in Section 8.02 of this Agreement.
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Effective Time of Closing means 11:00 a.m. Eastern Time on October 1, 1997. 1.13
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Effective Time of Closing means 12:01 a.m. Central Time on October 9, 2002.
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Effective Time of Closing means 11:59 p.m., Eastern time, on the Closing Date. 1.20 Employee Benefit Plan. "Employee Benefit Plan" shall mean an "employee benefit plan" as defined in Section 3(3) of ERISA and any other plan, agreement, arrangement or program pursuant to which Seller has any continuing obligation to provide compensation or other benefits to any
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