Roleset lapse.01 Verbnet Class: 1 "cease":

Roles:

Arg1:thing ceasing

Examples:

person: third tense: present aspect: ns voice: active form: full


and that's the end of that (-)
The limit lapses under current exchange rules if contracts trade above the limit price during the opening 10 minutes of trading.
Arg1:	The limit
REL:	lapses
ArgM-LOC:	under current exchange rules
ArgM-ADV:	if contracts trade above the limit price during the opening 10 minutes of trading

Watch out for adjectival usages.