Common use of Consequences of Exercise of Walk Away Right Clause in Contracts

Consequences of Exercise of Walk Away Right. Upon exercising the Walk Away Right, the Program shall immediately terminate and this Agreement becomes null and void, Daiichi Sankyo shall not be obligated to deposit any Settlement Funds into the Qualified Settlement Fund, and all Releases and Stipulations of Dismissal or Motions to Dismiss shall promptly be returned to PNC, the Program Participant’s counsel, or the pro se Program Participant, as appropriate. Daiichi Sankyo and the PNC shall be jointly responsible, in equal shares, for payment of any Administrative Expenses incurred through the termination date.