Lapsing of Agreement Sample Clauses

Lapsing of Agreement. 19.1 Two-year deadline to commence work 19.2 Servicing allocation deadline to use
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Lapsing of Agreement. If the Suspensive Condition is not fulfilled on or before the Loan Grant Date, then this Agreement shall lapse and be of no further force or effect. Prior to the Loan Grant Date, the Parties may agree in writing to extend the Loan Grant Date to a later date.
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Lapsing of Agreement. 19.1 Three-year deadline to commence work The parties agree that unless required security has been provided pursuant to Article 10 and construction of services commenced within three (3) years from the date of this Agreement, the terms of this Agreement shall lapse, and a new agreement shall be required.
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Lapsing of Agreement. (a) The Seller in its sole discretion (without any reference to the Purchaser) will have the right to extend the period for the fulfilment of the Suspensive Conditions (the “Extended Period”). The period for the fulfilment of the Suspensive Conditions will be automatically extended until the Seller notifies the Purchaser in writing that the Extended Period is terminated whereupon -
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Lapsing of Agreement. 3.4.1 If the Suspensive Condition has not been fulfilled or waived on or before the Loan Grant Date, the Extended Loan Grant Date or Further Extended Loan Grant Date, as the case may be, then-
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Lapsing of Agreement. 17.1 Two-year deadline to commence work 19
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Lapsing of Agreement. If the Suspensive Condition has not been fulfilled or waived on or before the Loan Grant Date, the Extended Loan Grant Date or Further Extended Loan Grant Date, as the case may be, then this Agreement, other than the Surviving Provisions, shall lapse and be of no further force or effect and no Party shall have any claim against the other Party by reason of the lapsing of this Agreement, except for breach of the provisions of 2.1.2
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Lapsing of Agreement. Notwithstanding any other provision to the contrary, this Agreement shall, at the option of the Municipality, lapse and be of no further force and effect if the building permit expires or is revoked, or if construction of the building shown on the Site Plan Drawings is not commenced within two years of the date of this Agreement.
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Related to Lapsing of Agreement

  • Termination of Agreement If this Agreement is terminated by the Representatives in accordance with the provisions of Section 5 or Section 9(a)(i) hereof, the Company shall reimburse the Underwriters for all of their out-of-pocket expenses, including the reasonable fees and disbursements of counsel for the Underwriters.

  • DURATION OF AGREEMENT All agreements and obligations of the Company contained herein shall continue during the period Indemnitee serves as a director or officer of the Company or as a director, officer, trustee, partner, manager, managing member, fiduciary, employee or agent of any other corporation, partnership, joint venture, trust, employee benefit plan or other Enterprise which Indemnitee serves at the request of the Company and shall continue thereafter so long as Indemnitee shall be subject to any possible Proceeding (including any rights of appeal thereto and any Proceeding commenced by Indemnitee pursuant to Section 14 of this Agreement) by reason of Indemnitee’s Corporate Status, whether or not Indemnitee is acting in any such capacity at the time any liability or expense is incurred for which indemnification or advancement can be provided under this Agreement.

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