Phase 1 Effective Time definition

Phase 1 Effective Time has the meaning set forth in Section 2.02.
Phase 1 Effective Time means the time and date on which phase
Phase 1 Effective Time means, if Phase 1 Closing occurs on or before 29 February 2024, 23:59 on 31 December 2023; or if Phase 1 Closing occurs after 29 February 2024, 23:59 on the final day of the most recent quarter of the financial year to have been completed prior to Phase 1 Closing.

Examples of Phase 1 Effective Time in a sentence

  • This Agreement shall become effective as of (a) 12:00:01am, New York City Time, on July 1, 2020 with respect to the Phase 1 Reinsured Policies (the “Phase 1 Effective Time”) and (b) 12:00:01am, New York City Time, on January 1, 2021 with respect to the Phase 2 Reinsured Policies (the “Phase 2 Effective Time” and, the Phase 1 Effective Time or the Phase 2 Effective Time, as applicable, the “Applicable Effective Time”).

  • The Scheme is conditional upon the Transferee satisfying all requirements under its financial regulatory authorisation, including satisfaction of any conditions required by the DNB (to the DNB’s satisfaction), in order to carry on the Transferring Business from the Phase 1 Effective Time (the “Condition”).

  • Additionally, in no event shall the Reinsurer be required to reinsure any additional share of any insurance policies that were ceded to a third party under a Ceded Reinsurance Agreement as of the Phase 1 Effective Time and such additional share is no longer ceded under a Ceded Reinsurance Agreement as of the Phase 2 Closing as a result of a commutation or recapture of the applicable Ceded Reinsurance Agreement on or after the Phase 1 Effective Time and prior to the Phase 2 Closing Date.

  • This Agreement shall become effective as of (a) 12:00:01 am, New York City Time, on July 1, 2020 with respect to the Phase 1 Reinsured Policies (the “Phase 1 Effective Time”) and (b) 12:00:01 am, New York City Time, on January 1, 2021 with respect to the Phase 2 Reinsured Policies (the “Phase 2 Effective Time” and, the Phase 1 Effective Time or the Phase 2 Effective Time, as applicable, the “Applicable Effective Time”).

  • The Scheme is conditional upon NWM NV satisfying all requirements under its financial regulatory authorisation, including satisfaction of any conditions required by the DNB (to the DNB’s satisfaction), in order to carry on the Transferring Business from the Phase 1 Effective Time.


More Definitions of Phase 1 Effective Time

Phase 1 Effective Time has the meaning ascribed to the termEffective Time” in the Reinsurance Agreements.

Related to Phase 1 Effective Time

  • First Effective Time has the meaning specified in Section 2.02.

  • Merger Effective Time means “Effective Time,” as that term is defined in the Merger Agreement.

  • Second Effective Time has the meaning specified in Section 2.02.

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

  • Distribution Effective Time has the meaning set forth in the Separation Agreement.

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

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

  • Transition Effective Date has the meaning set forth in Section II.D.3.

  • Effective Time has the meaning set forth in Section 2.2.

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

  • Merger Closing Date the Closing Date (as defined in the Merger Agreement).

  • Effective TBD means that the date is to be determined by further Commission action. A date listed as "anticipated effective" may be subject to change. An Advice Letter Supplement is not a new filing, and there is no protest period unless indicated.

  • IPO Effective Date means the date upon which the Securities and Exchange Commission declares the initial public offering of the Company's common stock as effective.

  • Transfer Effective Date shall have the meaning set forth in each Commitment Transfer Supplement.

  • Contract Effective Date means the date agreed upon by the parties for beginning the period of performance under the contract. In no case shall the effective date precede the date on which the contracting officer or designated higher approval authority signs the document.

  • PAL effective date generally means the date of issuance of the PAL permit. However, the PAL effective date for an increased PAL is the date any emissions unit that is part of the PAL major modification becomes operational and begins to emit the PAL pollutant.

  • Offer Closing Date has the meaning set forth in Section 1.01(f).

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

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

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

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

  • Resignation Effective Date has the meaning specified in Section 9.06(a).

  • Merger Date means the closing date of a Merger Event or, where a closing date cannot be determined under the local law applicable to such Merger Event, such other date as determined by the Calculation Agent.

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

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

  • Release Effective Date means the date the Release becomes effective and irrevocable.