Common use of Defendants' Right to Void Settlement Due to Number of Requests for Exclusions Received Clause in Contracts

Defendants' Right to Void Settlement Due to Number of Requests for Exclusions Received. If the number of persons that submit Requests for Exclusion to the Settlement Administrator on a timely basis is equal to or in excess of fifteen percent (15%) of the number of potential Settlement Class Members to whom Notices are mailed, Defendants shall have the option, in their sole and absolute discretion, to be exercised within thirty

Appears in 2 contracts

Sources: Class Action Settlement Agreement, Class Action Settlement Agreement