Common use of Procedures for Termination Clause in Contracts

Procedures for Termination. To terminate this Settlement Agreement on one of the grounds specified above, the terminating Party shall give written notice to the other Party no later than ten (10) days after the Court acts in such a way as to trigger a termination event (as applicable) or twenty (20) days of receiving notice from the Settlement Administrator that the total number or value of requests for exclusion has reached ten percent (10%).

Appears in 2 contracts

Sources: Settlement Agreement, Settlement Agreement

Procedures for Termination. To terminate this Settlement Agreement on one of the grounds specified above, the terminating Party shall give written notice to the other Party no later than ten (10) days after the Court acts (in such a way as the case of termination pursuant to trigger a termination event (as applicableSection VIII.A.1) or twenty (20) days of receiving notice from the Settlement Claims Administrator that the total number or value of requests for exclusion has reached ten percent (10%).

Appears in 1 contract

Sources: Settlement Agreement

Procedures for Termination. To terminate this Settlement Agreement on one of the grounds as specified above, the terminating Party shall will give written notice to the other Party no later than ten fourteen (1014) calendar days after the Court acts in such a way as to trigger a termination event (as applicable) or twenty (20) days of receiving notice from the Settlement Administrator terminating Party learns that the total number or value of requests applicable ground for exclusion termination has reached ten percent (10%)been satisfied.

Appears in 1 contract

Sources: Settlement Agreement