Disposition on Termination. 61 10.3 Merger, Consolidation, or Transfer .................................. 63
Disposition on Termination. (a) Upon the termination or partial termination of the Plan, each Active Participant with respect to whom the Plan is terminating (including each former Active Participant who has not received a distribution under Section 7.8 and has fewer than five consecutive Breaks in Service) who would not have a nonforfeitable right to one hundred percent (100%) of his Accrued Benefit if his employment terminated on the date of the termination or partial termination of the Plan shall become fully vested and shall have a nonforfeitable right to his Accrued Benefit. However, in the event of such a termination, each Participant and beneficiary shall have recourse toward satisfaction of his nonforfeitable right to a pension only from Plan assets or from the Pension Benefit Guaranty Corporation, to the extent that it guarantees benefits.
Disposition on Termination. Upon the expiration of the sublease -------------------------- Term or earliler termination of this Sublease Subtenant shall, to the extent required under the Lease, promptly remove any or all of the Alterations designated by Sublandlord to be removed, in which case Subtenant must, at Subtenant's sole cost, repair and restore the Subleased Premises to their condition as of the Commencement Date, reasonable wear and tear excepted.
Disposition on Termination. Upon the expiration of the Sublease -------------------------- Term or earlier termination of this Sublease, Sublandlord may elect to have Subtenant either (i) surrender with the Subleased Premises any or all of the Alterations as Sublandlord may determine (except personal property as provided in Paragraph 12 below), which Alterations will become the property of Sublandlord, or (ii) promptly remove any or all of the Alterations designated by Sublandlord to be removed, in which case Subtenant must, at Subtenant's sole cost, repair and restore the Subleased Premises to their condition as of the Commencement Date, reasonable wear and tear excepted.
Disposition on Termination. If this Agreement expires or is terminated as provided in Article VIII hereof, all applicable records and files of PINNACLE or Management Company of whatever nature or description in the possession of the Service Company (other than records and files on matters that the Service Company is to handle to conclusion, if any) shall promptly be released or delivered to PINNACLE, Management Company on their designated successor service company. Notwithstanding the foregoing, the Service Company shall be entitled to retain a copy of all applicable records and files (including, without limitation, computer tapes or records of such items) for a period of two (2) years from the date of termination; at the end of such two (2) year period, the copy of such records and files so retained by the Service Company shall either be returned to PINNACLE or Management Company, whichever applicable, or shall be destroyed by the Service Company.
Disposition on Termination. Upon the expiration of the Term or earlier termination of this Sublease, Sublandlord may elect to have Subtenant either (i) surrender with the Sublease Premises any or all of the Subtenant’s Alterations as Sublandlord may determine (except Personal Property as provided in Section 10 below), which Alterations will become the property of Sublandlord, or (ii) promptly remove any or all of the Subtenant’s Alterations designated by Sublandlord to be removed, in which case Subtenant must, at Subtenant’s sole cost, repair and restore the Sublease Premises to its condition as of the Commencement Date, reasonable wear and tear excepted. Notwithstanding anything herein to the contrary, Subtenant shall not be required to remove any Subtenant’s Alterations unless such removal is required pursuant to the terms of the Prime Lease. Notwithstanding anything herein to the contrary, in no event shall Subtenant have any obligation to remove any Alterations which were not constructed or performed by Subtenant, including without limitation any Alterations constructed or performed by or for Sublandlord during the term of the Sublease, or by or for Sublandlord during the term of the Prime Lease.
Disposition on Termination. Upon the expiration of the Term or earlier termination of this Sub-Sublease, Sub-Sublandlord may elect to have Sub-Subtenant either (i) surrender with the Sublease Premises any or all of the Sub-Subtenant’s Alterations as Sub-Sublandlord may determine (except Personal Property as provided in Section 10 below), which Alterations will become the property of Sub-Sublandlord, or (ii) promptly remove any or all of the Sub-Subtenant’s Alterations designated by Sub-Sublandlord to be removed, in which case Sub-Subtenant must, at Sub-Subtenant’s sole cost, repair and restore the Sublease Premises to its condition as of the Commencement Date, reasonable wear and tear
Disposition on Termination. Upon the expiration of the Sublease Term or earlier termination of this Sublease, Sublandlord may elect to have Subtenant either: (i) surrender with the Subleased Premises any or all of the Alterations as Sublandlord may determine (except personal property as provided in PARAGRAPH 12 below), which Alterations will
Disposition on Termination. Upon the expiration of the Sublease Term or earlier termination of this Sublease, Sublessor may elect to have Subtenant either (i) surrender with the Sublease Premises any or all of the Alterations as Sublessor may determine (except personal property as provided in Section 10 below), which Alterations will become the property of Sublessor, or (ii) promptly remove any or all of the Alterations designated by Sublessor to be removed, in which case Subtenant must, at Subtenant's sole cost, repair and restore the Sublease Premises to its condition as of the Commencement Date, reasonable wear and tear excepted.
Disposition on Termination. At the end of the Agreement, all properties within Category 1 will remain in the Township and all properties within Category 2 will remain in the City. WATER AND SEWER AGREEMENT: In addition to this Agreement, the City and Township will enter into a new Water and Sewer Agreement to replace the agreement that expired in October 2020. The Water and Sewer Agreement will run for the same term as the Cooperative Development Agreement.
