Lapsing Date definition

Lapsing Date means, in respect of an Option the date which is seven years after the date of the grant of that Option, or such other date as the Board determines in its discretion with respect to that Option at the time of the grant of that Option.
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Lapsing Date means the date determined by the Insurer from which the Policy shall lapse consequent to the Policyholder being in breach of any of its obligations under these Clauses and the Insurer has not exercised its right of amendment under Clause 9 in consequence of that breach; or all Scheme Members cease to be in Insurable Membership.
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Lapsing Date means the date which is 12 months after the date of the first Advance made pursuant to this Agreement;
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Examples of Lapsing Date in a sentence

  • Provided it has not been in default of funding and notwithstanding all of the conditions for advancing the Loan have been satisfied by the Borrower, the Lender shall have no obligation to advance the Loan or any part thereof after the Lapsing Date.

  • The KL Management and the KL Supervisory Board will, as promptly as reasonably practicable after the Commencement Date, convene a general meeting of KL Shareholders to be held at least eight days prior to the Lapsing Date for the purposes of (i) informing the KL Shareholders of the Exchange Offer and (ii) voting on the Amended KL Articles of Association, subject to the occurrence of the Closing Date (the “KL Meeting”).

  • The Agency may extend the Lapsing Date at its complete discretion and will advise the Recipient of its decision.

  • Date of Decision: December 19, 2011 File Number: 22-T-96001 Date of Notice: December 20, 2011 Municipality: Township of Amaranth Last Date of Appeal: January 9, 2012 Subject Lands: Part Lot 2, Concession 9 Lapsing Date: December 19, 2014 shall exceed a maximum height of 1.5 metres on the exposed face, unless any additional height is approved by the Township Engineer in writing.

  • Date of Decision: December 19, 2011 File Number: 22-T-96001 Date of Notice: December 20, 2011 Municipality: Township of Amaranth Last Date of Appeal: January 9, 2012 Subject Lands: Part Lot 2, Concession 9 Lapsing Date: December 19, 2014 development of the subject property to the satisfaction of the Township and any other relevant public agency.

  • If, following the execution of this Agreement, no part of the Financing has been disbursed by the Lapsing Date, the Borrower and the Corporate Guarantors, on a joint and several basis, shall pay BDC Capital a cancellation fee of $ [Amount redacted – commercially sensitive information], provided, however, that BDC Capital shall have the right to extend the Lapsing Date in its sole and entire discretion without notice to or consent from the Borrower and the Corporate Guarantors.

  • The restrictions against the transfer of the shares of Common Stock granted to the Grantee shall lapse at the rate of 33.33% per year, commencing on March 15, 1999 (the "Initial Lapsing Date").

  • Date of Decision: December 19, 2011 File Number: 22-T-96001 Date of Notice: December 20, 2011 Municipality: Township of Amaranth Last Date of Appeal: January 9, 2012 Subject Lands: Part Lot 2, Concession 9 Lapsing Date: December 19, 2014 Township shall not be responsible for supervising, inspecting, monitoring or guaranteeing that such systems are operational.

  • The restrictions with respect to such shares shall lapse on the dates set forth below (each, a “Lapsing Date”), provided that the Executive remains employed by the Company as of each Lapsing Date.

  • If accepted, duly signed where indicated below and a fully executed copy returned to CANALASKA before this date, it shall be a binding contract and shall remain in effect, subject to the terms hereof until the Lapsing Date.


More Definitions of Lapsing Date

Lapsing Date means the date that this Agreement terminates because the Recipient failed to submit a claim for payment or provide documentation with the claim satisfactory to the Agency.
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Lapsing Date have the meaning set forth in Section 10.1(b)(i) of this Agreement;
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Lapsing Date has the meaning given to it in provision L11.
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Lapsing Date has the meaning ascribed to it in Clause 13.1;
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Related to Lapsing Date

  • Ending Date means the calendar date specified in the Notice of Intent as the date upon which lead - based paint abatement activities are completed.

  • Applicable Anniversary of the Commencement Date means the fifth (5th) anniversary of the Commencement Date.

  • Initial Vesting Date means the date occurring one (1) year after the Date of Option Grant.

  • Restriction Termination Date means the first day on which the Board of Directors of the Corporation determines that it is no longer in the best interests of the Corporation to attempt to, or continue to, qualify as a REIT.

  • Vesting Date has the meaning set forth in Section 3.10(c)(ii).