Sunset. Faculty members hired after June 30, 1996 shall not be eligible for this early separation incentive. (See Appendix H.)
Sunset. The provisions of Sections 9.1 and 9.2 shall continue in effect on a claim-by-claim basis, after the termination of this Agreement, only until the expiration of the last to expire statute of limitations applicable to such claim.
Sunset. A city or county participating in this pilot program may accept an individual for diversion into the pilot program until June 30, 2013 2017. The third party administering the diversion program may collect and disburse fees collected pursuant to subdivision 6, paragraph (a), clause (2), through December 31, 2014 2018, at which time the pilot program under this section expires.
Sunset. All of the Televisa Investors’ rights under this Section 4.8 shall terminate immediately upon a Televisa Sell-Down.
Sunset. Seven (7) years after the expiration of this Contract (i.e., January 1, 2019), the Company shall advise the Reinsurer of any Loss Occurrences attaching to this Contract which have not been finally settled and which may result in a claim by the Company under this Contract. No liability shall attach hereunder for any claim or claims not reported to the Reinsurer within this 7-year period. If a loss arising out of a Loss Occurrence is reported during this period, all losses arising out of the same Loss Occurrence shall be deemed reported under this paragraph regardless of when notification of loss is provided. If the Notional Experience Account balance is positive and the Company does not commute this Contract on or before December 31, 2018, the Company shall pay to the Reinsurer in cash each January 1, beginning January 1, 2019, an annual charge equal 200 basis points times the then current balance in the Notional Experience Account.
Sunset. (i) Following the Sunset, the total number of Members shall consist at all times of nine (9) Significant Holders (who are not Disqualified Holders) and no other Persons. The Members shall cause each Significant Holder to be admitted as a Member in accordance with this Section 3.4(c). Notwithstanding the foregoing, following the Sunset, the total number of Members may, from time to time:
(1) be increased by the Control Group, acting in accordance with Section 4.2, with the consent of the TPH Partners who hold a majority of the then outstanding TPH Units; or
(2) be decreased by the Control Group, acting in accordance with Section 4.2, with the consent of those TPH Partners (excluding any TPH Partner who is a Member or has an Affiliate who is a Member) who hold a majority of the then outstanding TPH Units held by all TPH Partners (excluding any TPH Partner who is a Member or has an Affiliate who is a Member). In connection with each one-Member increase in the number of Members pursuant to this Section 3.4(c), upon satisfying the requirements of Section 3.3, the Company shall issue one (1) Common Unit to the next largest Significant Holder who is not already a Member (and is not a Disqualified Holder) and such Person shall be admitted to the Company as a Member. In connection with each one-Member decrease in the number of Members, the Member who then qualifies as the Significant Holder with the smallest holder of TPH Units (as determined in accordance with the definition of “Significant Holder”) shall, automatically and without further action by either the Company or such Member, forfeit 100% of the Common Units held by such Member, which shall be terminated and cancelled by the Company without any further payment thereof, and such Member shall cease to be a Member for all purposes under this Agreement and the Act.
(ii) Following the Sunset and the admission of Significant Holders pursuant to Section 3.4(c)(i), subject to satisfaction of the requirements of Section 3.3, (1) the Company shall automatically issue to each Significant Holder one (1) Common Unit with no requirement for payment therefor, (2) each Significant Holder shall be admitted to the Company as a Member and (3) upon the admission of the initial Significant Holders as Members, each of the existing Members shall automatically forfeit all Common Units it held as of immediately prior to the Sunset, which shall be immediately and automatically cancelled without any further payment therefor, and eac...
Sunset. In the event that the statutory requirement to include binding arbitration in the Agreements is repealed, all Arbitration provisions contained in this article shall automatically terminate without any action by either party.
Sunset. If the provisions are met in the Letter of Agreement on Paid Time Off, this Article will sunset on July 1, 2014 and all provisions of this Article shall cease to have effect.
Sunset. The Terms and Conditions of this Settlement Agreement shall cease to apply on October 31, 2021.
Sunset. Absent mutual written agreement to the contrary, the provisions of this Section 4.06 shall terminate effective September 30, 2010 and shall be of no further force or effect after such date; provided, however, that notwithstanding the termination of this Section 4.06, the provisions of this Section 4.06 shall continue to apply to (and deter- mine the benefits of) any eligible Participant whose DROP Effective Date occurred on or be- fore September 1, 2010.
