Common use of Consequences of Exercise of Walk Away Right Clause in Contracts

Consequences of Exercise of Walk Away Right. (A) Upon exercising the Walk Away Right, the Program shall immediately terminate and this Agreement becomes null and void, Organon shall not be obligated to deposit any Settlement Funds into the Qualified Settlement Fund, and all Releases and Stipulations of Dismissal or Motions to Dismiss shall promptly be returned to NPC, the Program Participant’s counsel, or the pro se Program Participant, as appropriate. Organon shall be responsible for payment of any Administrative Expenses incurred through the termination date.

Appears in 4 contracts

Samples: Master Settlement Agreement, Master Settlement Agreement, Master Settlement Agreement

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