Common use of If Settlement Agreement is Terminated Clause in Contracts

If Settlement Agreement is Terminated. If this Settlement Agreement is not approved, is terminated in accordance with its terms or otherwise fails to take effect for any reason:

Appears in 3 contracts

Sources: Settlement Agreement, Settlement Agreement, Settlement Agreement

If Settlement Agreement is Terminated. If this Settlement Agreement is not approved, is terminated in accordance with its terms or otherwise fails to take effect for any reason: (a) no application to approve this Settlement Agreement, which has not been decided, shall proceed; (b) the Parties will cooperate in seeking to have any issued order approving this Settlement Agreement set aside and declared null and void and of no force or effect, and any Party shall be estopped from asserting otherwise; and (c) the Settlement Amount will be returned to the Defendants in full.

Appears in 1 contract

Sources: Settlement Agreement

If Settlement Agreement is Terminated. If this Settlement Agreement is not approved, is terminated in accordance with its terms or otherwise fails to take effect for any reason: (a) no motion to approve this Settlement Agreement, which has not been decided, shall proceed; and (b) the Parties will cooperate in seeking to have any issued order approving this Settlement Agreement set aside and declared null and void and of no force or effect, and any Party shall be estopped from asserting otherwise.

Appears in 1 contract

Sources: Class Action Settlement Agreement

If Settlement Agreement is Terminated. (1) If this Settlement Agreement is not approved, is terminated in accordance with its terms or otherwise fails to take effect for any reason: (a) no motion to approve this Settlement Agreement, which has not been decided, shall proceed; and (b) any order approving this Settlement Agreement shall be set aside and declared null and void and of no force or effect, and the Parties shall be estopped from asserting otherwise.

Appears in 1 contract

Sources: Settlement Agreement