Common use of Termination for Failure to Become Effective Clause in Contracts

Termination for Failure to Become Effective. This Agreement and all obligations of the parties under it shall terminate if it has not entered into effect by the date ninety (90) days after the date of this Agreement, unless the Bank, after consideration of the reasons for the delay, establishes a later date for the purpose of this Section. The Bank shall promptly notify the Recipient of such later date.

Termination for Failure to Become Effective. This Agreement and all obligations of the parties under it shall terminate if it has not entered into effect by the date ninety (90) 120 days after the date of this Agreement, unless the Bank, after consideration of the reasons for the delay, establishes a later date for the purpose of this Section. The Bank shall promptly notify the Recipient of such later date.

Termination for Failure to Become Effective. This Agreement and all obligations of the parties under it shall terminate if it has not entered into effect by the date ninety (90) 90 days after the date of this Agreement, unless the Bank, after consideration of the reasons for the delay, establishes a later date for the purpose of this Section. The Bank shall promptly notify the Recipient of such later date.

Termination for Failure to Become Effective. This Agreement and all obligations of the parties under it shall terminate if it the Bank has not entered into effect declared it effective by the date ninety (90) days after the date of this Agreement, unless the Bank, after consideration of the reasons for the delay, establishes a later date for the purpose of this Section. The Bank shall promptly notify the Recipient of such later date.

Termination for Failure to Become Effective. This Agreement and all obligations of the parties under it shall terminate if it has not entered into effect by the date ninety a hundred and twenty (90120) days after the date of this Agreement, unless the Bank, after consideration of the reasons for the delay, establishes a later date for the purpose of this Section. The Bank shall promptly notify the Recipient of such later date.

Termination for Failure to Become Effective. This Agreement and all obligations of the parties under it shall terminate if it has not entered into effect by the date ninety one hundred twenty (90120) days after the date of this Agreement, unless the Bank, after consideration of the reasons for the delay, establishes a later date for the purpose of this Section. The Bank shall promptly notify the Recipient of such later date.

Termination for Failure to Become Effective. This Agreement and all obligations of the parties under it shall terminate if it has not entered into effect by the date ninety (90) days after the date of this Agreement, unless the BankAdministrator, after consideration of the reasons for the delay, establishes a later date for the purpose of this Section. The Bank Administrator shall promptly notify the Recipient of such later date.

Termination for Failure to Become Effective. This Agreement and all obligations of the parties Parties under it shall terminate if it has not entered into effect by the date which falls ninety (90) calendar days after the date of execution of this Agreement, unless the BankFund, after consideration of the reasons for the delaydelay and following consultations with the Accredited Entity, establishes a later date for the purpose of this SectionClause 7. The Bank Fund shall promptly notify the Recipient Accredited Entity of such later date.