Option Not Exercised. If the other Participant does not give such notice within the thirty (30) day period set forth in Section 14.3, it shall have no interest in the acquired interests, and the acquired interests shall not be a part of the Assets or continue to be subject to this Agreement.
Option Not Exercised. If Lessee has not furnished Lessor with the Option Notice on or before the date specified in sub-clause (a) above, the Lease Term Option shall be forfeited, no longer available to Lessee and of no further effect.
Option Not Exercised. If the other Member does not give notice of its election to participate within the sixty (60) day period in clause (c), neither such other Member nor the Company shall have any interest in the Covered Real Property, and the Covered Real Property shall not be a part of the Properties or otherwise be subject to this Agreement.
Option Not Exercised. If the other Partner does not give -------------------- such notice within the 90-day period set forth in Section 13.4, neither it nor the Partnership shall have any interest in the acquired interest, and the acquired interest shall not be a part of the Partnership, shall not be considered Coal Property and shall not be subject to this Agreement.
Option Not Exercised. If Genzyme does not deliver to Voyager an Option Exercise Notice with respect to a Collaboration Program prior to the expiration of the applicable Option Exercise Period, then Genzyme’s Option with respect to such Collaboration Program shall expire and this Agreement shall terminate with respect to such Collaboration Program in accordance with Section 16.2.3 (Automatic Termination of Collaboration Program).
Option Not Exercised. If the other Member does not give such notice within the sixty (60) day period described in the foregoing subsection, shall have no interest in the acquired interests, and the acquired interests shall not be a part of the Assets or continue to be subject to this Agreement or the LLC Agreement.
Option Not Exercised. If the other Member does not give such notice within the thirty (30) day period set forth in Section 6.3 and promptly pay its proportionate share of the Acquiring Member's actual out-of-pocket acquisition costs, the other Member shall have no interest in the interests acquired or proposed to be acquired and such interests shall not be part of the Assets or subject to the Agreement.
Option Not Exercised. If the other Member does not give such notice within the fifteen (15) day period set forth in Section 12.3, neither such Member nor the Company shall have any interest in the acquired interest, and the acquired interest shall not be a part of the Properties or otherwise be subject to this Agreement. AMENDED AND RESTATED LLC AGREEMENT OF EUREKA MOLY, LLC – Page 44
Option Not Exercised. If RCM does not timely exercise the right of first refusal or first option within ten (10) days of notification by the City that the City wishes to sell the Property, this Agreement will terminate.
Option Not Exercised. Upon termination of this Agreement for any reason before the Company has exercised the Option then in addition to the provisions of clause 15.1 and, if applicable, clause 15.4:
