IN PERIOD. Without prejudice to paragraph 3 (Notice of Termination and Existing Liabilities) but subject to paragraph 6.2, the Authority shall not terminate the Contract during the Step–In Period on grounds: that the Facility Agent or the Security Trustee has taken any action referred to in paragraph 5 (Representative) or enforced any Security Document; or arising on or prior to the Step–In Date of which the Authority is aware (having made reasonable enquiry and whether or not continuing at the Step–In Date); or arising solely in relation to the Contractor; unless, in the case of paragraph 6.1.2 above: the grounds arose prior to the final Services Commencement Date and construction is not completed on or before the date falling twelve (12) months after the date on which the Authority would have been entitled to terminate the Contract for non-completion; or the grounds arose after the final Services Commencement Date and neither the Appointed Representative nor the Contractor is using all reasonable endeavours (including implementation of any remedial programme) to remedy any breach of the Contract that: arose prior to the Step–In Date; and is continuing (and capable of remedy); and would have entitled the Authority to terminate the Contract. The Authority shall be entitled to terminate the Contract by written notice to the Contractor and the Appointed Representative: if permitted by paragraph 6.1; if any amount referred to in paragraph 3.1.2(a) has not been paid to the Authority on or before the Step–In Date; if any amount referred to in paragraph 3.1.2(b) has not been paid on or before the last day of the Required Period; if amounts, of which the Authority was not aware (having made reasonable enquiry) at the time of the Termination Notice or the Event of Default, subsequently become payable and are not discharged on or before the later of: the date falling thirty (30) Business Days after the date on which the liability for these amounts is notified to the Facility Agent or, if later, the last day of the Required Period; the date falling twenty (20) Business Days after the date on which the liability for these amounts falls due; and the last day of the Required Period; or on grounds arising after the Step–In Date in accordance with the terms of the Contract provided that, subject to paragraph 7 (Step-Out), for the purposes only of termination under the Contract (and without prejudice to the rights of the Authority to make deductions and/or adjustments pursuant to th...
IN PERIOD. The “Opt-In Period” shall mean the period of time lasting for 45- days starting from the date upon which Notice is mailed to each Putative Subsequent Class Member. Putative Subsequent Class Members’ Claim Forms must have been postmarked on or before the end of this period in order for them to qualify as Subsequent Class Members.
IN PERIOD. If OBI does not exercise its option with respect to any First Opt-In Proposal made by Millennium during the First Opt-In Period, then OBI shall have no further right to expand the Field [**] (each, a "First Opt-In Declined Indication") and Millennium shall be free to Develop, Manufacture and Commercialize the Product for the First Opt-In Declined Indication, with or without a partner or collaborator and without any further obligation to OBI with respect to such activities under this Agreement. If OBI does not exercise its option with respect to any Additional Proposal made by Millennium during the First Opt-In Period, Millennium shall not Commercialize the Product [**] in the License Territory but may, at its sole expense, continue to Develop the Product (and perform related Manufacturing) [**]. If Millennium continues to Develop the Product [**] in the License Territory, Millennium may re-offer such [**] Proposal to OBI upon the completion of the first Phase IIA Clinical Study [**] with all the material data and results of the non-clinical and clinical trials that Millennium has obtained with respect to the Product for such disease or condition, and such [**] Proposal shall constitute a Second Opt-In Proposal.
IN PERIOD. The period of time immediately prior to the Policy Effective Date or Renewal Date when Eligible Claim Expenses are Incurred but not paid until after the Effective Date or Renewal Date of this Policy. All run-in Eligible Claim Expenses paid by us or by your Claims Administrator must be paid based on the Plan in effect during the Run-In Period and our current standard claim practices. RUN-OUT AMOUNT The maximum amount we will pay per Covered Person as applied towards the annual Aggregate Stop Loss Corridor for Eligible Claim Expenses Incurred during the Policy Period but paid after the Policy Period end date. RUN-OUT PERIOD The period of time immediately following termination of the Policy when Eligible Claim Expenses Incurred prior to the Termination Date are being paid by you. The Run-Out Period will apply only if the same Claims Administrator administers benefits for the Plan during the Run-Out Period. TERMINATION DATE The date coverage under this Policy ends at 11:59 p.m., in accordance with the “Termination” section.
IN PERIOD. 7.1 Without prejudice to Clause 4 (Notice of Termination and Existing Liabilities), but subject to Clause 7.2 below, the Council shall not terminate the Contract during the Step–In Period on grounds:
IN PERIOD. 6.1 Without prejudice to Clause 3 (Notice of Termination and Existing Liabilities), but subject to Clause 6.2, the Authority shall not terminate the Contract during the Step-In Period on grounds:
IN PERIOD. The Founders agree that, for a period of five (5) years from the Effective Date of this Agreement (the "Lock-In Period"), neither Founder shall sell, transfer, or otherwise dispose of any portion of their equity interest in the Company, except as may be permitted by this Agreement, the Company's governing documents, or applicable law. Any attempt by a Founder to dispose of their equity interest in violation of this Lock-In Period shall be null and void. If a Founder resigns as a director or wishes to dispose of their shares within the Lock-In Period, they shall first offer to sell their shares to the existing Founder(s) at face value or at a price mutually agreed upon by all the shareholders. The sale must be approved by all the shareholders, and the transfer of shares shall be subject to the Company's governing documents and applicable law. VESTING Ownership of the Company's equity shall vest over a period of [number of years, e.g., 4 years] in equal monthly instalments, subject to a [number of months, e.g., 12 months] cliff. If a Founder's relationship with the Company terminates before the end of the vesting period, the unvested equity will be forfeited.
IN PERIOD. Both the parties have agreed to set a lock-in period of [[Month(s)]] during which neither the licensor shall ask the licensee to vacate the premises, nor the licensee shall vacate the premises on his/her own during the lock-in period. In spite of this mandatory ause, if the licensee leaves the premises for whatsoever reason, he shall pay to the censor lice se ee or the remaining lock-in period at the rate of agreed upon in the agreement. On the other hand, Licensor shall compensate the Licensee for loss and inconvenience caused to the Licensee if he has been asked to vacate the premises
IN PERIOD. Without prejudice to Clause 3 (Notice of Termination and Existing Liabilities) but subject to Clause 6.2, the Authority shall not terminate the Project Agreement during the Step–In Period on grounds:
IN PERIOD. For any parcel of Real Estate other than a Development Asset the period which is ninety (90) days after its acquisition by a member of the Combined Group. For a Development Asset the period which is ninety (90) days after completion of the Asset (as evidenced by the issuance of a full certificate of occupancy).
