Termination for Failure to Obtain Regulatory Approvals. If the Bank's applications for one or more of the Regulatory Approvals are denied or if efforts to secure all of the Regulatory Approvals are terminated or abandoned by the Board, then the Executive or the Board shall each have the right to terminate this Agreement, and no party shall have any liability to the other except as expressly set forth herein. Notwithstanding the foregoing, if the Commencement of Operations shall not have occurred on or before September 1, 1999, then the Executive shall have the right to terminate this Agreement.
Termination for Failure to Obtain Regulatory Approvals. This Agreement may be terminated by either party upon thirty (30) days written notice if, after December 1, 2005, the parties have been unable to obtain the approvals contemplated in Section 2.1(a).
Termination for Failure to Obtain Regulatory Approvals. In the event that Licensee cannot obtain all Regulatory Approvals required for any Pole License after six months from the subject Pole License effective date, then either the City or Licensee may terminate that Pole License on 60 days’ notice to the other party delivered within 10 days after said six-month period elapses. The parties agree that the Commencement Date will be deemed to have not occurred for any Pole License terminated under this section, and Licensee will have no obligation to pay the applicable License Fee for that Pole License.
