Failure to Make Election Sample Clauses
Failure to Make Election. If the Management Committee does not make the election aforesaid within that period of thirty (30) days, the right or interest acquired will not form part of the Property and the Acquiring Party will be solely entitled thereto.
Failure to Make Election. If a Member fails to make an election by the established deadline (before April 1, 2012), or within fourteen work days after returning to the City’s active payroll after April 1, 2012, the irrevocable defaults will be as follows:
a. An employee who is eligible for Option A will be placed in Option A and the required employee contributions will be deducted from his or her paycheck.
b. All other employees will be placed in Option C.
Failure to Make Election. If an Optionee fails to deliver an Optionee's Election Notice on a timely basis or an Optionee's Election Notice does not satisfy the requirements set forth above, it shall be deemed an election by such Optionee not to acquire the Subject Property and, in such event, such Optionee's rights under this Agreement with respect to the Subject Property shall expire and be of no further force or effect; provided, however, that such rights shall be revived and reinstated in favor of Optionee in the event such Optionor has not consummated a sale of the Subject Property during the 120 day period following the Optionee Election Date.
Failure to Make Election. If Optionee fails to deliver Optionee’s Election Notice on a timely basis or Optionee’s Election Notice does not satisfy the requirements set forth above, Optionor shall have the right to consummate a sale of the Subject Property with an unaffiliated third party during the Marketing Period.
Failure to Make Election. If Liberty Star does not make the election referred to in clause 19.3 within the period of 30 days, then the right or interest acquired by Xstate or its Related Body Corporate, shall not form part of the Joint Venture Area or Joint Venture Assets.
Failure to Make Election the Tax Liability would not have arisen, or would have been reduced or eliminated, but for a failure or omission on the part of the Purchaser or the relevant Group Company to make a claim or election or to give any notice or consent after Closing, where the requirement to make or give such a claim, election, notice or consent was notified to the Purchaser by the Vendors in writing prior to Closing or where the making or giving of such claim, election, notice or consent is required under this Agreement; (k)
Failure to Make Election. For those amounts received on the Old Receivables during the Old Receivables Option Period, Buyer shall pay 50% of such amounts to Seller. If Buyer should fail to provide written notice to Seller by the end of the Old Receivables Option Period as to which of the options in Section 5.18(f) that Buyer has elected to choose, then Buyer shall be deemed to have elected to choose the option in Section 5.18(f)(iii).
Failure to Make Election. If a Participant or Beneficiary fails to elect a form of distribution before 30 days preceding the distribution commencement date, benefits shall be paid in substantially equal installments over 5 years.
Failure to Make Election. If the Executive fails to make an election as per Section 5.06(b) within the two (2) month period following the Disability commencing, the Executive shall be deemed to have elected to have resigned from the position of Chief Executive Officer but remain employed by OH as per Section 5.6(b)(ii).
Failure to Make Election. An Electing Customer Class Member who has not made a timely and effective election of any Treatment Option shall be deemed to have elected the Deferred Cash Payment Option.