Third Effective Time definition

Third Effective Time has the meaning set forth in the Recitals of this Agreement.

Third Effective Time has the meaning set forth in Section 2.01(c).

Third Effective Time has the meaning set forth in Section 2.3(c) of this Agreement.

Examples of Third Effective Time in a sentence

• For the avoidance of doubt, the Company shall be under no obligation to effect any registration of Shares prior to the Third Effective Time.

• Subject to, and conditioned upon the occurrence of and effective immediately after the Third Effective Time, the Vesting Founder Shares shall be unvested and subject to the restrictions set forth in this Sponsor Letter Agreement.

• Prior to the Third Effective Time, Merger Sub Three shall not conduct any business or make any investments other than as specifically contemplated by this Agreement and will not have any assets (other than, if applicable, a de minimis amount of cash paid for the issuance of equity in connection with its initial formation) or any material liabilities.

• All Newco Shares that are owned by Newco (“Newco Treasury Shares”), Third Merger Sub or any wholly owned subsidiary of Newco immediately prior to the Third Effective Time shall automatically be canceled, and no New PubCo Ordinary Shares or other consideration shall be delivered or deliverable in exchange therefor.

• At the Third Effective Time, by virtue of the Third Merger and without any action on the part of Bright Lights, the Surviving Corporation, Merger Sub LLC, or the holders of any securities of Bright Lights, the Surviving Corporation or Merger Sub LLC, each share of common stock of Manscaped, Inc.

• Each Newco Share issued and outstanding immediately prior to the Third Effective Time (except for Newco Treasury Shares and other shares being cancelled pursuant to Section 3.2(a)) shall be converted into and shall for all purposes represent only the right to receive the Per Share Consideration (the aggregate amounts of consideration allocated pursuant to this Section 3.2(b) and Section 3.3, collectively, the “Newco Shareholder Consideration”).

• At the Third Effective Time, the Second Merger Surviving Corporation shall be merged with and into the Second Merger Subsidiary in accordance with the terms of, and subject to the conditions set forth in, this Agreement, the DGCL and the DLLCA and following the Third Merger, the Third Merger Surviving Company shall continue as the surviving entity and the separate corporate existence of the Second Merger Surviving Corporation shall cease.

• The Certificate of Formation and limited liability company agreement of the Second Merger Subsidiary in effect immediately prior to the Third Effective Time shall be the Certificate of Formation and limited liability company agreement of the Third Merger Surviving Company as of the Third Effective Time.

• Merger) issued and outstanding immediately prior to the Third Effective Time shall be converted into one common unit of the Surviving Entity.

• From and after the Third Effective Time, until successors are duly elected or appointed and qualified in accordance with applicable Legal Requirement and the Governing Documents of Newco Surviving Sub, the directors and officers of Newco Surviving Sub shall be the directors and officers of Newco immediately prior to the Third Effective Time.

More Definitions of Third Effective Time

Third Effective Time means the time at which the Third Merger becomes effective.