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 1,200 Settlement Class Members have opted out of the Settlement, the Defendant shall have, in its sole and absolute discretion, the option to terminate this Agreement within ten (10) business 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 Deadlinedeadline, more than 1,200 2% of the Settlement Class Members have opted opted-out of the Settlement, the Defendant shall have, in its at their sole and absolute discretion, the option to terminate this Agreement within ten (10) business fifteen 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 1,200 fifty (50) Settlement Class Members have opted out of the Settlement, the Defendant shall have, in its sole and absolute discretion, the option to terminate this Agreement within ten (10) business 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 1,200 one percent (1%) of the Settlement Class Members have opted opted-out of the Settlement, the Defendant shall have, in its at their sole and absolute discretion, the option to terminate this Agreement within ten (10) business days after the Opt-Out Deadline.

Appears in 1 contract

Sources: Settlement Agreement