Examples of Merger Effective Time in a sentence
The Crescent Support Agreements will terminate upon the earliest to occur of (a) the approval of the Crescent stockholders being obtained, and (b) the date the Merger Agreement is validly terminated in accordance with its terms and (c) the Initial Merger Effective Time.
These restrictions could prevent each of SilverBow and Crescent from pursuing certain business opportunities that arise prior to the earlier of the Initial Merger Effective Time and the termination of the Merger Agreement and are outside the ordinary course of business.
Under the terms of the Merger Agreement, each of Crescent and SilverBow are subject to certain restrictions on the conduct of its business prior to the Initial Merger Effective Time, which may adversely affect its ability to execute certain of its business strategies.
Termination (page 194) Crescent and SilverBow may terminate the Merger Agreement by mutual written consent at any time prior to the Initial Merger Effective Time, whether before or after adoption of the Merger Agreement by the SilverBow stockholders or approval of the Crescent Stock Issuance by the Crescent stockholders.
The respective obligations of SilverBow and the Crescent Parties to consummate the Mergers are subject to the satisfaction or, to the extent permitted by law, the waiver by each party on or prior to the Initial Merger Effective Time of a number of conditions.