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Common use of Failure to Make Election Clause in Contracts

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.

Appears in 4 contracts

Sources: Limited Liability Company Operating Agreement (Strathmore Minerals Corp.), Limited Liability Company Operating Agreement (American Uranium Corp), Limited Liability Company Operating Agreement (Strathmore Minerals Corp.)

Related Clauses

  • Failure to Make Payment
  • Failure to Make Payments
  • Failure to Return
  • Failure to Make Advances
  • Failure to Maintain

Parent Clauses

  • Area of Common Interest
  • Exercise of Rights of First Offer
  • MODIFICATIONS TO HEALTH ELIGIBLE RETIREE BENEFIT
  • Modifications to Retiree Health Benefit
  • Exercise of Right of First Offer

Sub-Clauses

  • PLAN ADMINISTRATION
  • FAILURE TO DESIGNATE A BENEFICIARY
  • DESIGNATION
  • PLAN-TO-PLAN TRANSFERS
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