Completion of Term. Notwithstanding any other provision of the Agreement or these Terms and Conditions to the contrary, if you complete before the General Lapse Date the term for which you were elected to the Board (the “Term”) and as a result thereof your service on the Board terminates, all remaining Forfeiture Restrictions shall immediately lapse on the last day of the Term.
Completion of Term. Either Party may terminate this Agreement without cause with effect as of the end of the Initial Term of this Agreement or, as applicable, the end of any Renewal Period, upon providing at least ninety (90) days prior written notice prior to the end of the Initial Term or, as applicable, Renewal Period to the other Party.
Completion of Term. If, before the designated Restriction Lapse Date, the Participant completes the term for which the Participant was elected to the Board and as a result thereof the Participant’s service on the Board terminates, restrictions shall immediately lapse on the last day of such term.
Completion of Term. On or before 11:59 PM on the last day of the Term, the Client shall remove the Property from the Storage Space. If the Client fails to remove the Property on or before 11:59 PM on the last day of the Term, the Property shall be deemed abandoned, and the Owner may take possession of the Property and dispose of it in the manner as set out in Subsection 22(a).
Completion of Term. If this Agreement terminates due to expiration of the Term, whether by passage of time or the hiring of a permanent President and Chief Executive Officer, Bancorp will pay Executive the Supplemental Bonus.
Completion of Term. If prior to the expiration of the Restricted Period the Participant completes the Term and as a result thereof the Participant’s service as a Non-Employee Director on the Board terminates, then upon the last day of the Term all nonvested shares of Restricted Stock shall be fully vested with the result that all forfeiture restrictions will lapse and the Restricted Period shall be deemed to have expired.
Completion of Term. Upon termination of Executive's employment by reason of completion of the Term, the Bank will pay Executive the Severance Payment in equal payments over the course of one year.
Completion of Term. If prior to the expiration of the Option Period the Optionee completes the Term and as a result thereof the Optionee’s service as a Non-Employee Director on the Board terminates:
(i) effective as of the last day of the Term the nonvested portion of the Nonqualified Option shall fully vest and become exercisable in full; and
(ii) the Nonqualified Option shall expire on the earlier of (A) the expiration of the Option Period; or (B) the expiration of twelve (12) months after the last day of the Term (the “Applicable Term Completion Period”).
Completion of Term. If, by reason of any act, neglect or default of a Customer or his agent, the Company's service is suspended, or the Company is prevented from supplying service in accordance with the terms of any contract it may have entered into, the minimum charge for the unexpired portion of the contract term shall become due and payable immediately as liquidated damages in lieu of the anticipated returns from the said contract.
Completion of Term. On completion of the term of Operation and Maintenance the Contractor/ Bidder(s) shall apply to the respective Beneficiary for the issue of power plant performance certificate. Such document is required for release of PBG of the firm. Make of Module, Battery and PCU in technical bid will be indicative, bidder can use its equivalent as per MNRE test report/guidelines and submits its details test report before execution.
