Effective Date

Effective Date. The meaning assigned to such term in Paragraph 4(c) of this Agreement.

Effective Date. Shall mean the date on which Waban Inc. completed the spin-off of the Company by distributing to Waban's stockholders on a pro rata basis all of the outstanding shares of Common Stock of the Company held by Waban Inc.

Effective Date. Means the date by which duly authorized officers of both Parties have signed this Agreement.

Effective Date. Shall have the meaning ascribed to such term in the opening paragraph of this Agreement.

Effective Date. The date on which the Company first issues convertible promissory notes with an aggregate principal amount of not less than $1,500,000 with the principal purpose of raising capital will be the "Effective Date" of this Agreement and this Agreement will he null and void and have no effect until and unless the Effective Date Occurs.

Effective Date. Means the date on which that certain Employment Agreement of even date herewith between PPD and Employee becomes effective pursuant to the terms thereof.

Effective Date. Means the date on which a plan of liquidation is consummated.

Effective Date. The date (the "Effective Date") on which all of the following conditions precedent have been first satisfied: (a) delivery to the Administrative Agent by the parties hereto of duly executed counterparts of this Supplemental Waiver and Agreement; and (b) the Company shall have paid to the Administrative Agent for the account of the Lenders (to be ratably distributed to the Lenders according to their respective percentages of the aggregate Commitments) a waiver fee in an aggregate amount equal to... $93,750; provided that the continued effectiveness of this Supplemental Waiver and Agreement shall be subject to the satisfaction of the condition subsequent that the Credit Parties shall, on or prior to the 120th day after the Effective Date, either (1) deliver to the applicable Collateral Agent a first preferred vessel mortgage on each Brazilian Collateral Vessel that is not sold in accordance with the Credit Agreement on or prior to the 120th day after the Effective Date, which vessel mortgage shall be effective to create in favor of the applicable Collateral Agent, for the benefit of the Secured Parties, a perfected first priority mortgage Lien on such Brazilian Collateral Vessel, preferred (to the extent possible under applicable law), prior and superior in right to any other Person (other than Permitted Senior Liens), and su bject to no other Liens (other than Permitted Collateral Vessel Liens), or (2) pay to the Administrative Agent for the account of the Lenders (to be ratably distributed to the Lenders according to their respective percentages of the aggregate Commitments) an additional waiver fee in an aggregate amount equal to $26,250. View More

Effective Date. On which all of the following conditions precedent have been first satisfied: (a) delivery to the Administrative Agent by the parties hereto of duly executed counterparts of this Consent, Waiver and Amendment; and (b) the Company shall have paid to the Administrative Agent for the account of the L enders (to be ratably distributed to the Lenders according to their respective percentages of the aggregate Commitments) a consent and waiver fee in an aggregate amount equal to $93,188.

Effective Date. Means the effective date of the Company's first registration statement to become effective in accordance with the provisions of the Securities Act of 1933, as amended, and the rules and regulations of the Securities and Exchange Commission thereunder.