Common use of Termination if Large Number of Opt–Outs Clause in Contracts

Termination if Large Number of Opt–Outs. If, at the conclusion of the Opt-Out Deadline, more than 7,500 persons have opted-out of the Settlement, the Defendants shall have, in their sole and absolute discretion, the option to terminate this Agreement within ten (10) calendar days after the Opt-Out Deadline.

Appears in 2 contracts

Sources: Settlement Agreement, Settlement Agreement

Termination if Large Number of Opt–Outs. If, at the conclusion of the Opt-Out Deadline, more than 7,500 persons 1,000 Class Members have opted-out of the Settlement, the Defendants shall will have, in their sole and absolute discretion, the option to terminate this Agreement within ten (10) calendar days Days after the Opt-Out Deadline.

Appears in 1 contract

Sources: Class Action Settlement Agreement

Termination if Large Number of Opt–Outs. If, at the conclusion of the Opt-Out Deadline, more than 7,500 persons 2,000 Settlement Class Members have opted-out of the Settlement, the Defendants Defendant shall have, in their its sole and absolute discretion, the option to terminate this Agreement within ten (10) calendar days after the Opt-Out Deadline.

Appears in 1 contract

Sources: Settlement Agreement

Termination if Large Number of Opt–Outs. If, at the conclusion of the Opt-Out Deadline, more than 7,500 persons one percent (1%) of the Settlement Class Members have opted-out of the Settlement, the Defendants shall have, in at their sole and absolute discretion, the option to terminate this Agreement within ten (10) calendar days after the Opt-Out Deadline.

Appears in 1 contract

Sources: Settlement Agreement