Operative Time definition
Examples of Operative Time in a sentence
From and after the Amendment Operative Time (as defined below), the Indenture shall be amended and supplemented in accordance herewith.
Upon the execution and delivery of this Amendment by the parties hereto and subject to the prior written consent (such consent not to be unreasonably withheld) of the FCR and C&D evidenced by their signatures below, the Amendment shall be effective; provided, that the amendments to the Confirmation set forth in Article I of this Amendment shall not become operative until the Operative Time (as defined below).
The Company shall give the Trustee prompt written notice of the occurrence of the Operative Time.
The Operative Time shown in the Schedule shall have the meanings as shown in the Definitions of Operative Times.
If within the Operative Time an Insured Person sustains Bodily Injury resulting in death the Company shall pay a benefit to the Insured in accordance with the Sum Insured shown in the Personal Accident Specification.