Time Condition. Subject to Section 1(c) and Section 1(d) below, for Option Shares that have satisfied the Performance Vesting, one-third of such Option Shares shall satisfy the Time Condition upon each of the first three anniversaries of the Grant Date, provided, in each case, that the Optionee continues to have a Service Relationship with the Company at such time. For the avoidance of doubt, in the event that the Performance Vesting for any Option Shares has been satisfied after the Time Condition applicable to such Option Shares has been satisfied, such Option Shares shall be immediately exercisable upon the date that the Performance Vesting for such Option Shares is satisfied.
Time Condition. The Time Condition with respect to the Interests will be satisfied as follows, provided that the Participant has not incurred a Termination prior to each such vesting date: Vesting Date Percentage of Interests Emergence DateFirst Anniversary of Emergence DateSecond Anniversary of Emergence DateThird Anniversary of Emergence Date 25% 25%25%25% There shall be no proportionate or partial vesting in the periods prior to each vesting date and all vesting shall occur only on the appropriate vesting date, subject to the Participant not incurring a Termination prior to the applicable vesting date. The continuous employment or service of the Participant shall not be deemed interrupted, and the Participant shall not be deemed to have incurred a Termination, by reason of the transfer of the Participant’s employment or service among the Company and/or its Subsidiaries and/or Affiliates.
Time Condition. The Time Condition shall be satisfied in accordance with the Time-Based Vesting Schedule set forth in the Award Notice.
Time Condition. Upon termination of this Lease, whether by reason of lapse of time, forfeiture or otherwise, Tenant shall immediately surrender possession of the Premises to Landlord in good order, condition and repair, ordinary wear and tear and loss by insured casualty excepted, and all fixtures and improvements on the Premises shall, at the option of Landlord, become the property of Landlord without any obligation on the part of Landlord to compensate Tenant therefor, subject to Article 7.2
Time Condition. The Time Condition shall be satisfied as follows: 25% of the Restricted Stock Units shall satisfy the Time Condition on the first anniversary of the Vesting Commencement Date, subject to the Grantee maintaining a continuous Service Relationship through such date. Thereafter, the remaining 75% of the Restricted Stock Units shall satisfy the Time Condition in [12 equal quarterly installments][36 monthly installments], subject to the Grantee maintaining a continuous Service Relationship through each such date.
Time Condition. Upon termination of this Lease, whether by reason of lapse of time, forfeiture or otherwise, Tenant shall immediately surrender possession of the Premises to Landlord in good order, condition and repair, ordinary wear and tear and loss by insured casualty excepted, and shall remove all Tenant Equipment (unless Landlord and Tenant otherwise agree in writing). All Tenant Equipage (other than the Tenant Equipment) not removed from the Premises by Tenant shall become the property of Landlord without any obligation on the part of Landlord to compensate Tenant therefor. If possession be not immediately surrendered, Landlord may forthwith re-enter the Premises and repossess the same or any part thereof and expel and remove therefrom all persons and property without being deemed guilty of any unlawful act or liable for damages by reason of such re-entry and without prejudice to any other legal remedy available to Landlord.
Time Condition. Upon termination of this Lease, whether by reason of lapse of time, forfeiture or otherwise, Tenant shall immediately surrender possession of the Premises to Landlord in good order, condition and repair, ordinary wear and tear and loss by insured casualty excepted, and all Tenant Equipage not removed from the Premises by Tenant shall become the property of Landlord without any obligation on the part of Landlord to compensate Tenant therefor. If possession be not immediately surrendered, Landlord may forthwith re-enter the Premises and repossess the same or any part thereof and expel and remove therefrom all persons and property without being deemed guilty of any unlawful act or liable for damages by reason of such re-entry and without prejudice to any other legal remedy available to Landlord.
Time Condition. Subject to Paragraphs 6(c) and 6(d) below, any Option Shares for which the Performance Vesting Condition has been satisfied shall satisfy the Time Condition and shall be vested and exercisable on the earlier of the (i) date that is five months following the Performance Date for such Option Shares, subject to the Optionee’s Continuous Status as an Employee or Consultant through such date or (ii) the termination of the Optionee’s Continuous Status as an Employee or Consultant by reason the Optionee’s death or permanent or total disability. For the avoidance of doubt, and notwithstanding anything else contained herein or in the Employment Agreement to the contrary, in the event of Optionee’s death or disability, , the Option Shares for which the Performance Vesting Condition has been achieved shall automatically satisfy the Time Condition and become vested and exercisable by the Executive or his estate.
Time Condition. The Optionee shall be deemed to have satisfied the condition set forth in this clause (i) with respect to twenty percent (20%) of the shares of Stock covered by each of Tranches A through C if the Optionee is, and has continuously remained an employee or of the Company or any Subsidiary as of September 30, 2001, and with respect to an additional 20% of the shares of Stock covered by each of Tranches A through C on each succeeding September 30 through September 30, 2005, if the Optionee has continuously remained an employee of the Company on such date and
Time Condition. One hundred percent of the shares underlying the Initial Option shall satisfy the Time Condition on the third anniversary of the date of grant, subject to the Executive’s continued employment with the Company through such date. If there is a Change in Control and the Initial Option is not assumed, substituted or continued by the Company or its successor entity in such Change in Control, the Time Condition shall be deemed to be fully achieved immediately prior to the effective time of the Change in Control, subject to the Executive’s continued employment through the date of the Change in Control. In the event of a Change in Control in which the Initial Option is assumed, substituted or continued by the Company or its successor entity, the Time Condition shall be deemed to be fully achieved upon the termination of the Executive’s employment by the Company without Cause or the resignation of the Executive’s employment with the Company for Good Reason, in either case upon or following such Change in Control.
