Common use of Lapse Clause in Contracts

Lapse. This Supplemental Agreement shall terminate and be of no force and effect if the conditions set forth in Section 2 have not been satisfied on or prior to December 31, 2000. * * * * * * *

Lapse. This Supplemental Agreement shall terminate and be of no force and effect if the conditions set forth in Section 2 have not been satisfied on or prior to December 31, 2000. * * * * * * *