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Reorganization Time definition

Reorganization Time means the time that all or substantially all of the Cenovus Assets are transferred by EnCana to Subco and the Assumed Liabilities are assumed by Subco, which is anticipated to be 12:10 a.m. (Calgary time) on the Effective Date;
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Reorganization Time means 5:00 p.m. (Calgary time) on July 27, 2006;
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Reorganization Time means, unless otherwise indicated on the final closing agenda relating to the Reorganization and the Arrangement, 11:59:59 p.m. E.S.T. on the Reorganization Date.
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Examples of Reorganization Time in a sentence

  • No such terminated agreement, arrangement, commitment or understanding (including any provision thereof which purports to survive such termination) will be of any further force or effect as of and from the Reorganization Time.

  • Effective immediately after the Reorganization Time but prior to the Effective Time, EnCana and Subco shall cause the InterCompany Accounts (other than the Subco Note and Subco Note #2 but including those notes that are issued pursuant to sections 1.2 and 2.2 of the Hedging Matters Agreement) owing between EnCana and Subco to be consolidated and settled.

  • Effective immediately after the Reorganization Time but prior to the Effective Time, FirstService and FSV Holdco shall cause the InterCompany Accounts (other than the FSV Holdco Note) owing between them and/or between those Persons operating any aspect of the Separated Businesses and those Persons operating any aspect of the Colliers Businesses to be consolidated and settled.

  • FirstService shall take, or cause to be taken, all actions necessary to further document the transfer, assignment, delivery or conveyance to FSV Holdco of legal title to the New FSV Assets, the beneficial title of which is transferred hereunder as at the Reorganization Time.

  • The amount of any non-share consideration allocated to a particular transferred property that is the subject of an election under subsection 85(1) of the Tax Act will not exceed the agreed amount elected for that transferred property and the amount of non-share consideration allocated to a particular transferred property that is not the subject of an election under subsection 85(1) of the Tax Act will not exceed the fair market value of such transferred property as at the Reorganization Time.

  • Subject to subsection (e), following the Reorganization Time, EnCana shall have exclusive authority and control over the investigation, prosecution, defense and appeal of all Joint Litigation.

  • The Parties acknowledge that prior to the Reorganization Time, EnCana may have, without limiting its obligations hereunder, transferred legal title in and to certain of the Cenovus Assets to Subco as bare trustee, agent and nominee for EnCana.

  • Nothing in this Agreement shall impair any of the rights of any directors or officers of FirstService, Colliers, New FSV or FSV Holdco, or any of their respective Affiliates, to seek indemnification under any certificate of incorporation or by-laws of FirstService or any of its predecessors or Affiliates, or under any indemnification agreements, arising out of or relating to actions or inactions of such directors or officers prior to the Reorganization Time.

  • At all times from the Reorganization Time until the further documentation of legal title to the Cenovus Assets is completed, EnCana shall hold legal title to any such Cenovus Assets as bare trustee, agent and nominee of Subco.

  • The Parties agree to implement the Spin-off and, as part of the Spin-off, as at the Reorganization Time: (i) the New FSV Assets will be transferred to FSV Holdco; (ii) the Colliers Assets will continue to be held by FirstService; (iii) the New FSV Liabilities will be assumed by or become the responsibility of FSV Holdco; and (iv) the Colliers Liabilities will remain the responsibility of FirstService, on the terms and subject to the conditions set forth in this Agreement.


More Definitions of Reorganization Time

Reorganization Time means 12:10 a.m. (Calgary Time) on the Effective Date;
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Reorganization Time means 12:00:30 a.m. (Toronto, Ontario local Time) on the Effective Date;
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Reorganization Time means the time that all or substantially all of the Cenovus Assets were transferred by EnCana to Subco and the Assumed Liabilities were assumed by Subco, which was 12:10 a.m. (Calgary time) on the Effective Date;
Sample 1
Reorganization Time means o (o time) on the Reorganization Date.
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Reorganization Time the close of business on the Reorganization Date.
Sample 1

Related to Reorganization Time

  • Reorganization Transaction see clause (d) of the definition of “Change of Control.”

  • Reorganization Transactions shall have the meaning set forth in the Recitals.

  • Reorganization Plan means a plan of reorganization in any of the Cases.

  • Corporate Reorganization means any change in the legal existence of any Subject Entity (other than a Capital Reorganization) including by way of amalgamation, merger, winding up, continuance or plan of arrangement.

  • Common Share Reorganization has the meaning set forth in Section 4.1(a);

  • Reorganization Event has the meaning specified in Section 5.6(b).

  • Reorganization Securities has the meaning set forth in Section 6.9 hereof.

  • Pre-Closing Reorganization has the meaning set forth in the Recitals.

  • Business Combination Date means the date upon which a Business Combination is consummated.

  • Reorganization with respect to any Multiemployer Plan, the condition that such plan is in reorganization within the meaning of Section 4241 of ERISA.

  • Reorganization Agreement has the meaning set forth in the recitals.

  • Merger has the meaning set forth in the Recitals.

  • Capital Reorganization shall have the meaning set forth in Section 4.3.

  • Spinoff means a transaction in which the Transferor Plan transfers only part of its assets and/or liabilities to the Transferee Plan. The Transferee Plan may be a New Plan that is created in the Spinoff, or it may be a preexisting plan that simply receives part of the assets and/or liabilities of the Transferor Plan.

  • Business Combination Transaction means:

  • Recapitalization means any stock dividend, stock split, combination of shares, reorganization, recapitalization, reclassification or other similar event.

  • Pre-Acquisition Reorganization has the meaning set out in Section 6.8;

  • Separation Time means the close of business on the earlier of (i) the tenth business day (or such later date as the Board of Directors of the Company may from time to time fix by resolution adopted prior to the Separation Time that would otherwise have occurred) after the date on which any Person commences a tender or exchange offer which, if consummated, would result in such Person's becoming an Acquiring Person and (ii) the Flip-in Date; provided, that if the foregoing results in the Separation Time being prior to the Record Time, the Separation Time shall be the Record Time and provided further, that if any tender or exchange offer referred to in clause (i) of this paragraph is cancelled, terminated or otherwise withdrawn prior to the Separation Time without the purchase of any shares of Common Stock pursuant thereto, such offer shall be deemed, for purposes of this paragraph, never to have been made.

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

  • Business Combination means any merger, capital stock exchange, asset acquisition, stock purchase, reorganization or other similar business combination with one or more businesses, involving the Company.

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

  • Recapitalization Agreement shall have the meaning set forth in the Recitals.

  • Reorganization Cases means the cases filed by the Debtors under Chapter 11 of the Bankruptcy Code.

  • Stock Split means any kind of stock split in relation to the Shares, including a free share distribution to the holders of Shares, a stock dividend or a sub-division of Shares;

  • Internal Reorganization has the meaning set forth in the Separation Agreement.

  • Effective Time of the Merger means the time as of which the Merger becomes effective, which shall occur on the Funding and Consummation Date.

Most Referenced Clauses

Most Referenced Definitions