Effectiveness Date Definition Example

Effectiveness Date. Means with respect to the Registration Statement the earlier of (A) the nintieth (90th) day following the Closing Date (or in the event the Registration Statement receives a "full review" by the Commission, the one hundred twentieth (120th) day following the Closing Date) or (B) the date which is within three (3) Business Days after the date on which the Commission informs the Company that (i) the Commission will not review the Registration Statement or (ii) the Company may request the... acceleration of the effectiveness of the Registration Statement and the Company makes such request; provided that, if the Effectiveness Date falls on a Saturday, Sunday or any other day which shall be a legal holiday or a day on which the Commission is authorized or required by law or other government actions to close, the Effectiveness Date shall be the following Business Day. View More