Examples of Continuation Election in a sentence
If Roche provides a timely Continuation Election Notice, then from the date of the notice of termination until the effective date of termination, GBT shall continue activities ongoing as of the date of the notice of termination at its own expense.
If Roche does not provide a timely Continuation Election Notice as provided in Section 20.3.2, then GBT (a) shall have the right to cancel all cancellable ongoing obligations and (b) shall complete all non-cancellable obligations at its own expense.
PacificSource may require the election for continuation to be in writing and will not accept a Continuation Election Form submitted later than 60 days from the first day of a military leave of absence.
In addition, the plan administrator or employer must provide PacificSource a copy of the Continuation Election Form a within 30 days after receipt from the subscriber or qualified beneficiary.
In the case of termination by Roche according to Sections 20.2.1, 20.2.2 or 22.8 or by GBT under Section 20.2.3 (other than for safety reasons), if Roche provides a timely Continuation Election Notice as provided in Section 20.3.2, then GBT shall [***]; and (iii) use Commercially Reasonable Efforts to [***].
On the occurrence of a Liquidation Event, unless a Continuation Election is made, the Board may select one or more Persons to act as liquidator or may itself act as liquidator.
On the occurrence of a Liquidation Event, unless a Continuation Election is made and except as otherwise provided in Section 7.5, the Managing Member shall first cause the Exchange of each outstanding Series B Unit (other than those held by ARMM) for ARMM Common Units pursuant to the provisions of Section 7.5 and thereafter may select one or more Persons to act as liquidator or may itself act as liquidator.