Normal Expiration. In no event shall any part of the Option be exercisable after the Expiration Date.
Normal Expiration. The license conferred by this Agreement shall expire on the date specified in Section I. A. of this Agreement.
Normal Expiration. In no event shall any part of the Option be ----------------- exercisable after the Expiration Date set forth in paragraph 1(a) above.
Normal Expiration. This Agreement shall continue in effect until all obligations and rights of the parties under this Agreement have been performed, terminated or have expired.
Normal Expiration. Subject to earlier expiration as provided herein, all of the Options shall expire and no longer be exercisable at the close of business on the seventh anniversary of the Grant Date (the “Expiration Date”).
Normal Expiration. In no event shall any part of your Option be exercisable after the Expiration Date set forth in SECTION 1(a) above.
Normal Expiration. In no event shall any portion of your Options be exercisable after the tenth anniversary of the Grant Date.
Normal Expiration. Subject to the earlier expiration pursuant to Section 5(b), the Option shall expire and be forfeited without payment of any kind upon the tenth anniversary of the date hereof.
Normal Expiration. 21.1 This Agreement shall terminate upon termination of the Administrator's liability under the Reinsurance Agreement. Under all circumstances Administrator's liability under this Agreement shall cease at the close of the Business Day on which Administrator has paid an Ultimate Net Loss equal to the Aggregate Limit (the "Limit Date"). The Administrator shall have no further liability hereunder and the run-off of the Business Covered and associated matters shall be returned to the Reinsured at the close of the Limit Date.
Normal Expiration. Your Options shall be exercisable only upon one or more of the events described in Section 3(a) above and, except as set forth in Section 4(b), to the extent not exercised in accordance with Section 3(a)) upon the occurrence of such event, the Option shall immediately terminate and cease to be exercisable.”
