Common use of Defendant’s Option to Terminate Clause in Contracts

Defendant’s Option to Terminate. If more than ten percent (10%) of the Class Members submit Exclusion Forms, Defendant, at its sole option, may withdraw from the Settlement and this Agreement is null and void.

Appears in 3 contracts

Samples: Joint Stipulation and Settlement Agreement, Joint Stipulation and Settlement Agreement, Joint Stipulation and Settlement Agreement

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Defendant’s Option to Terminate. If more than ten five percent (105%) of the Class Members submit Exclusion Forms, Defendant, at its sole option, may withdraw from the Settlement and this Agreement is null and void.

Appears in 3 contracts

Samples: Joint Stipulation and Settlement Agreement, Joint Stipulation and Settlement Agreement, Joint Stipulation of Settlement Agreement

Defendant’s Option to Terminate. If more than ten percent (10%) of the Class Members submit Exclusion Forms, then Defendant, at its sole option, may withdraw from the Settlement and this Agreement is null and void.

Appears in 1 contract

Samples: Joint Stipulation and Settlement Agreement

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Defendant’s Option to Terminate. If more than ten percent (10%) of the Class Members submit valid Exclusion Forms, Defendant, at its sole option, may withdraw from the Settlement and this Agreement is null and void.

Appears in 1 contract

Samples: Joint Stipulation and Settlement Agreement

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