Lapse of Time Sample Clauses

Lapse of Time. 1. Legal proceedings concerning any issue ensuing from this agreement may not be lodged be- fore the courts more than three years after the claim was constituted.
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Lapse of Time. 24.1 Legal proceedings concerning any issue ensuing from this agreement may not be lodged before the courts more than three years after the claim was constituted. In the event of legal proceedings concerning a claim to the repayment of funds, a period of three years following the last transfer shall be applied.
Lapse of Time. Extradition shall not be denied because of the prescriptive laws of either the Requesting State or the Requested State.
Lapse of Time. If the Closing Date does not occur on or prior to October 1, 2019, then this Agreement may be terminated by the Board of Directors of either Citizens First or GABC by giving written notice thereof to the other party.
Lapse of Time. By the Board of Directors of Cedar Mountain or Tarus if the Effective Date has not occurred on or prior to August 31, 2000; provided, however, that such date shall be extended for up to twenty-five (25) days in the event an order restraining or prohibiting the Exchange has been issued by any public authority or court. The power of abandonment provided for by this Section 7.3 may be exercised by Cedar Mountain or Tarus only by their respective Boards of Directors and will be effective only after written notice thereof, signed on behalf of the party for which it is given by its Chairman of the Board or President, shall have been given to the other. If the Exchange shall be abandoned, no articles of exchange or certificates relating to the Exchange shall be filed by the officers of any such party in the States of Nevada and Kansas. Abandonment shall not effect any rights theretofore accruing hereunder.
Lapse of Time. By the Board of Directors of Xxxxxx or MFL if the Effective Time of the Exchange has not occurred on or prior to August 31, 1999.
Lapse of Time. Extradition shall not be granted when the prosecution has become barred by lapse of time according to the laws of the Requesting State.
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Lapse of Time by Buyer by written notice to Sellers’ Representative, on the one hand, or by Sellers’ Representative by written notice to Buyer, on the other hand, at any time after 5:00 p.m., New York City time, at any time after the date that is 180 days after the date of this Agreement if the Closing has not occurred by then (unless due to a material breach of this Agreement by Buyer, if Buyer is seeking to terminate, or by Company or a Selling Party, if the Seller’s Representative is seeking to terminate), unless this date is extended by the mutual written consent of Buyer and Sellers’ Representative;
Lapse of Time. Extradition shall not be denied on the ground that the prosecution or the penalty would be barred under the statute of limitations in the Requested State.
Lapse of Time. If the Closing Date does not occur on or prior to June 30, 1999, despite each party's best efforts to consummate the Merger on or before that date, then this Agreement may be terminated by the Board of Directors of either 1ST BANCORP or German American by giving written notice thereof to the other party.
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