Succession Time definition

Succession Time means, for any Appointment, (a) the Effective Time, if all Authorizations for such Appointment have been received as of that time or (b) if any Authorization for such Appointment has not been received as of the Effective Time, the time that all Authorizations for such Appointment have been received.
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Examples of Succession Time in a sentence

  • As of the Succession Time, the provisions of each Unit then outstanding shall be deemed to be conformed, without the necessity for any reissuance or exchange of such Unit or any other action on the part of the Holders, New Albertson’s, the Company or Agent, so as to reflect this Supplemental Agreement.

  • Section 5.1 The Company and New Albertson’s agree that, subject to the other provisions of this Supplemental Agreement, from and after the Succession Time, Section 2.1(b) of the First Supplement shall have no further effect.

Related to Succession Time

  • Valuation Time means the close of business in the city of the Valuation Agent on the Local Business Day before the Valuation Date or date of calculation, as applicable, provided that the calculations of Value and Exposure will be made as of approximately the same time on the same date.

  • Early Settlement Date has the meaning specified in Section 5.9(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.

  • Supplemental count day means the day on which the supplemental pupil count is conducted under section 6a.