Examples of Condition Termination Date in a sentence
Effective upon any reduction in the vesting of the First Option Tranche as a result of the delay in achieving the First FDA Condition on or before the First FDA Condition Termination Date, the number of shares subject to the Unvested Options, corresponding to the reduction of the number of shares subject to the First Option Tranche, shall automatically be reduced and such Unvested Options shall be cancelled and expire unexercised.
Effective upon any reduction in the First Deferred LTIP Payment as a result of the delay in achieving the First FDA Condition on or before the First FDA Condition Termination Date, the Executive shall irrevocably forfeit the right to receive the amount by which the First Deferred LTIP Payment has been reduced.
The terms First FDA Condition, First FDA Condition Termination Date, Second FDA Condition and Second FDA Termination Date are defined in Section 2.5.
The Company acknowledges and agrees ------------------- that the obligation of Purchaser and Acquisition Sub to consummate the Offer is subject to, in addition to the other Offer Conditions set forth in Annex A, ------- Purchaser obtaining, prior to January 15, 2000 (the "Financing Condition Termination Date"), sufficient financing, on terms and conditions satisfactory to Purchaser to enable consummation of the Offer and the Merger (the "Financing Condition").
The Termination Effective Date and the Delivery Condition Termination Date shall be extended to the extent of any Force Majeure Delays, and any delays caused by Tenant.
Tenant’s rights to terminate this Lease, as set forth in this Section 1.4.3, shall be Tenant’s sole and exclusive remedy at law or in equity for the failure of the Delivery Condition to have not been satisfied by the Delivery Condition Termination Date.
If Purchaser fails to satisfy the Financing Condition on or prior to the Financing Condition Termination Date but fails to terminate this Agreement under and pursuant to SECTION 8.1(e) within one (1) Business Day after the Financing Condition Termination Date, the Financing Condition shall thereafter cease to be an Offer Condition.
If Purchaser fails to satisfy the Financing Condition on or prior to the Financing Condition Termination Date but fails to terminate this Agreement under and pursuant to Section 8.1(e) within two (2) Business Days after the Financing Condition Termination Date, the Financing Condition shall thereafter cease to be an Offer Condition.
From the Closing until the Investment Condition Termination Date, Delphax and its Subsidiaries will maintain liability, casualty and other insurance (subject to customary deductions and retentions) with responsible insurance companies against such risk of the types and in the amounts customarily maintained by companies of comparable size and in lines of business of Delphax and its Subsidiaries.
Notwithstanding anything herein to the contrary, the parties agree that if the Litigation Condition occurs after the Second FDA Condition Termination Date, then the Executive shall be fully vested in all Unvested Options.