Lapsing Date definition

Lapsing Date means the date determined by the Insurer from which the Policy shall lapse consequent to the Master Policyholder being in breach of any of its obligations under the Policy and the Insurer has not exercised its right of amendment in consequence of that breach; or all Scheme Members cease to be in Insurable Membership.
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Lapsing Date means, in respect of an Option the date which is seven years after the date of the grant of that Option, or such other date as the Board determines in its discretion with respect to that Option at the time of the grant of that Option.
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Lapsing Date means the date which is 12 months after the date of the first Advance made pursuant to this Agreement;
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Examples of Lapsing Date in a sentence

  • Provided it has not been in default of funding and notwithstanding all of the conditions for advancing the Loan have been satisfied by the Borrower, the Lender shall have no obligation to advance the Loan or any part thereof after the Lapsing Date.

  • The KL Management and the KL Supervisory Board will, as promptly as reasonably practicable after the Commencement Date, convene a general meeting of KL Shareholders to be held at least eight days prior to the Lapsing Date for the purposes of (i) informing the KL Shareholders of the Exchange Offer and (ii) voting on the Amended KL Articles of Association, subject to the occurrence of the Closing Date (the “KL Meeting”).

  • The Agency may extend the Lapsing Date at its complete discretion and will advise the Recipient of its decision.

  • The Company's issued capital prior to the date of lodgement of this Prospectus was: Issued Capital: NumberFully paid ordinary shares 14,295,095Ordinary shares paid to 5 cents 7,516,905 21,812,000======== Options issued pursuant to this Prospectus 10,906,000======== If all the Options are exercised between 19 January 2010 and the Lapsing Date ( 31 December 2011), the Company would raise additional capital of$3,271,800 (before costs or other expenditures).

  • If the Borrower draws on the Loan partially, the undisbursed part of the Loan shall lapse on the Lapsing Date and be cancelled.

  • Lapsing Date It takes a short period of time to drill a bore (required to be completed within 30 days).

  • Lapsing Date means, in respect of an Option, the date which is 10 years after the date of the grant of that Option, or such other earlier date as the Board determines in its discretion with respect to that Option at the time of the grant of that Option.

  • The restrictions with respect to such shares shall lapse on the dates set forth below (each, a “Lapsing Date”), provided that the Executive remains employed by the Company as of each Lapsing Date.

  • Frag- mentation of forest ecosystems also contributes to a loss of biodiversity as exotic, weedy species with high dispersal capacities are favored and many native species are inhibited by isolation.

  • File No.: 39T-SC1302Township: Municipality of Strathroy-Caradoc Subject Lands: Part of Lot 13, Concession 9Date of Decision: August 13, 2013Date of Notice: August 16, 2013 Last Date of Appeal: September 5, 2013 Lapsing Date: August 13, 2019 NOTICE OF DECISIONOn Application for Approval of Draft Plan of Subdivision Section 51 of the Planning Act Approval of Draft Plan of Subdivision in respect of the subject lands noted above was given by the County of Middlesex on August 13, 2013.


More Definitions of Lapsing Date

Lapsing Date means the date that this Agreement terminates because the Recipient failed to submit a claim for payment or provide documentation with the claim satisfactory to the Agency.
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Lapsing Date has the meaning given to it in provision L11.
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Lapsing Date have the meaning set forth in Section 10.1(b)(i) of this Agreement;
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Lapsing Date has the meaning ascribed to it in Clause 13.1;
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Related to Lapsing Date

  • Ending Date means the calendar date specified in the Notice of Intent as the date upon which lead - based paint abatement activities are completed.

  • Applicable Anniversary of the Commencement Date means the fifth (5th) anniversary of the Commencement Date.

  • Initial Vesting Date means the date occurring one (1) year after the Date of Option Grant.

  • Restriction Termination Date means the first day on which the Board of Directors of the Corporation determines that it is no longer in the best interests of the Corporation to attempt to, or continue to, qualify as a REIT.

  • Vesting Date has the meaning set forth in Section 3.10(c)(ii).

  • Initial Optional Termination Date The first Distribution Date on which the aggregate Stated Principal Balance of the Mortgage Loans is equal to or less than 10% of the aggregate Stated Principal Balance of the Mortgage Loans as of the Cut-off Date.

  • Release Effective Date means the date the Release becomes effective and irrevocable.

  • Anniversary Each anniversary of the Cut-off Date.

  • Optional Termination Date Any Distribution Date on or after which the Stated Principal Balance (after giving effect to distributions to be made on such Distribution Date) of the Mortgage Loans is less than 10.00% of the Cut-off Date Balance.

  • Option Date means, with respect to any Stock Option, the date on which the Stock Option is awarded under the Plan.

  • Resale Restriction Termination Date shall have the meaning specified in Section 2.05(c).

  • Put Closing Date shall have the meaning set forth in Section 2.3.8.

  • Subsequent Closing Date means, with respect to each Subsequent Closing, the date on which such Subsequent Closing is deemed to have occurred.

  • Third Closing Date has the meaning set forth in Section 2.2(c).

  • Tender Closing Date means the date and time set out in column (C) of Part 1 of the Schedule to the Tender Notice;

  • Original Closing Date means the "Closing Date" as defined in the Existing Credit Agreement.

  • Date The Effective Date (as defined in the Funding Agreement)

  • Acceleration Date on any Security means the date, if any, on and after which the principal or any or all installments of interest, or both, are due and payable on any Security which has become accelerated pursuant to the terms of the Security.

  • Policy Anniversary means the annual anniversary of the Date of Commencement of Risk;

  • Second Closing Date means the date of the Second Closing.

  • Option Closing Date shall have the meaning ascribed to such term in Section 2.2(c).

  • Scheduled Closing Date Has the meaning specified in the Note Purchase Agreement.

  • Applicable Closing Date Has the meaning specified in Section 5.01(b) of this Trust Supplement.

  • Postponed Retirement Date means the first day of the month coincident with or next following a Participant’s date of actual retirement which occurs after his Normal Retirement Date.

  • Vesting Commencement Date means the Grant Date or such other date selected by the Committee as the date from which an Award begins to vest.

  • Cessation Date means the date of Participant’s Termination of Service (regardless of the reason for such termination).