Grounds for Settlement Termination Sample Clauses

Grounds for Settlement Termination. In accordance with the procedures specified herein, this Agreement may be terminated on the following grounds:
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Grounds for Settlement Termination. In accordance with the procedures specified in Section VIII.B below, this Settlement Agreement may be terminated by any Party if the Court declines to enter the Preliminary Approval Order, Final Approval Order or Judgment in substantially the form submitted by the Parties, or the agreed-upon settlement does not become final for any other reason. Defendants may, at their sole discretion, terminate the Settlement Agreement if ten percent (10%) or more of the Settlement Class Members, by number and/or by value, exclude themselves from the settlement. Defendants must exercise their right to withdraw by providing written notice to Class Counsel within twenty (20) days of receiving notice from the Settlement Administrator that the total number of requests for exclusion has reached ten percent (10%). Defendants’ Counsel shall be provided by the Settlement Administrator with the identity of any Settlement Class Member who excludes themselves from the settlement.
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Grounds for Settlement Termination. 1. If the number of OPT-OUT PLAINTIFFS exceeds seven percent (7%) of the total number of OPT-IN PLAINTIFFS who existed as of the date that the COURT enters its APPROVAL ORDER, DEFENDANT shall have the option in its sole discretion to terminate this SETTLEMENT AGREEMENT. If DEFENDANT elects to enforce this provision and terminate this SETTLEMENT AGREEMENT based on the number of OPT-OUT PLAINTIFFS, DEFENDANT must notify PLAINTIFFS’ COUNSEL within twenty (20) days of the OPT-OUT DEADLINE. This termination provision will no longer be in effect twenty (20) days after the OPT-OUT DEADLINE.
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Grounds for Settlement Termination. Class Counsel or Defense Counsel may terminate the Agreement if the Court declines to enter an Order Granting Preliminary Approval or an Order Granting Final Approval in substantially the same form as that submitted by the Parties, the Agreement does not become final for any other reason, or a Court of Appeals reverses the entry of an Order Granting Final Approval or a final judgment in this Litigation, provided that the Parties agree to work cooperatively and in good faith to address and resolve any concerns identified by the Court in declining to enter an Order Granting Preliminary Approval, an Order Granting Final Approval, or a judgment in the form submitted by the Parties. Notwithstanding the foregoing, the Court’s reduction and/or denial of the Service Awards or the Plaintiffs’ Attorneys’ fees and/or Plaintiffs’ Litigation Expenses requested by Plaintiffs shall not be grounds for termination of this Agreement.
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Grounds for Settlement Termination. Any Party may terminate the Settlement Agreement if the Court declines to enter the Approval Order or judgment in the form submitted by the Parties, or if a Court of Appeals reverses the entry of an Approval Order or judgment. Additionally, should Defendants file for bankruptcy prior tothe Final Effective Date, Plaintiff may terminate this Settlement Agreement.
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Grounds for Settlement Termination. Either Party may terminate the Agreement if the Arbitrator declines to enter the Preliminary Approval Award or Final Approval Award, except if the Arbitrator declines to enter the Preliminary Approval Award or Final Approval Award due solely to the amount of attorneys’ fees sought by Class Counsel. This Agreement is not contingent upon approval by the Arbitrator of Class Counsel’s application for attorneys’ fees, and if the Arbitrator approves the settlement payment amount allocated to the Class Members as set forth in this Agreement, but not the full application for attorneys’ fees, (i) the Agreement may not be terminated, and (ii) any Arbitrator-required reduction of the attorneys’ fees will be reallocated to Class Members as part of the Net Fund. Respondent will not oppose (a) an application for attorneys’ fees of up to one-third of the Total Settlement Amount, plus litigation costs not to exceed $10,000.00, to be paid out of the Total Settlement Amount, and/or (b) a motion for reconsideration of such application.
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Grounds for Settlement Termination. Either Party may terminate the Agreement if the Court declines to enter the Preliminary Approval Order or Final Approval Order, except if the Court declines to enter the Preliminary Approval Order or Final Approval Order due solely to the amount of upon approval by the Court fees, and if the Court approves the settlement payment amount allocated to the Class Members and Putative Collective Members as set forth in this may not be terminated, and (ii) any Court-required reduction of the and Putative Collective Members as part of the Net Fund. Meltwater will not oppose (a) an -third of the Total Settlement Amount, plus litigation costs not to exceed $30,000.00, to be paid out of the Total Settlement Amount, and/or (b) a motion for reconsideration of such application.
Sample 1
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Grounds for Settlement Termination. In the event that the Court declines to enter the Preliminary Approval Order or the Final Approval Order, except if the Court declines to enter the Preliminary Approval Order or the Final Approval Order due solely to the amount of attorneys’ fees sought by Class Counsel, the Parties Agree to work together in an effort resolve any issues identified by the Court in an attempt to reach a modified agreement to resubmit to the Court for approval. If the Parties are unable to reach an agreement, then either Party has the right to terminate the Agreement. This Agreement is not contingent upon approval by the Court of Class Counsel’s application for attorneys’ fees, and if the Court approves the settlement payments allocated to Participating Class and Participating Collective Members as set forth in this Agreement, but not the application for attorneys’ fees, the Agreement may not be terminated. Defendants will not oppose (a) an application for attorneys’ fees of up to one-third of the Maximum Settlement Amount, plus litigation costs and expenses, to be paid out of the Maximum Settlement Amount, and/or (b) a motion for reconsideration of such application.
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Related to Grounds for Settlement Termination

  • Early Contract Termination The State may terminate this contract in whole or in part by giving fifteen (15) days written notice to the Purchaser when it is in the best interests of the State. If this contract is so terminated, the State shall be liable only for the return of that portion of the initial deposit that is not required for payment, and the return of unapplied payments. The State shall not be liable for damages, whether direct or consequential.

  • Grounds for Termination This Agreement may be terminated at any time prior to the Closing:

  • Termination for Catastrophe In event of Catastrophic Damage, this contract may be modified un- der B8.32, following rate redetermination under B3.32, or terminated under this Subsection. Such termination shall not be considered a termination under B8.34.

  • Termination for Market Change (a) In the event of delay or interruption under B8.33, exceeding 90 days, and Contract has not been modified to include replacement timber, this contract may be terminated upon election and written notice by Purchaser, if (i) a rate redetermination for market change under B3.33 shows that the appraised weighted average Indicated Advertised Rate of all Included Timber remaining immediately prior to the delay or interruption has been reduced through a market change by an amount equal to or more than the the weighted average Current Contract Rate, or (ii) the appraised value of the remaining timber is insufficient to cover the adjusted base rates as determined under B3.33.

  • Termination for Change of Control This Agreement may be terminated immediately by SAP upon written notice to Provider if Provider comes under direct or indirect control of any entity competing with SAP. If before such change Provider has informed SAP of such potential change of control without undue delay, the Parties agree to discuss solutions on how to mitigate such termination impact on Customer, such as stepping into the Customer contract by SAP or by any other Affiliate of Provider or any other form of transition to a third party provider.

  • GROUNDS FOR DIVORCE Irreconcilable differences, the irretrievable breakdown of the marriage, and incompatibility of temperament have led to the irremediable breakdown of the marriage with no possibility of reconciliation.

  • TERMINATION FOR CAUSE BY CITY 4.05.1 If Contractor defaults under this Agreement, the Director may terminate this Agreement after providing Contractor written notice and an opportunity to cure the default as provided below. The City’s right to terminate this Agreement for Contractor’s default is cumulative of all rights and remedies that exist now or in the future. Default by Contractor occurs if:

  • CFR PART 200 Termination Termination for cause and for convenience by the grantee or subgrantee including the manner by which it will be eff ected and the basis for settlement. (All contracts in excess of $10,000) Pursuant to the above, when federal funds are expended by ESC Region 8 and TIPS Members, ESC Region 8 and TIPS Members reserves the right to terminate any agreement in excess of $10,000 resulting from this procurement process for cause after giving the vendor an appropriate opportunity an d up to 30 days, to cure the causal breach of terms and conditions. ESC Region 8 and TIPS Members reserves the right to terminate any agreement in excess of $10,000 resulting from this procurement process for convenience with 30 days notice in writing to the awarded vendor. The vendor would be compensated for work performed and goods procured as of the termination date if for convenience of the ESC Region 8 and TIPS Members. Any award under this procurement process is not exclusive and the ESC Region 8 and TIPS reserves the right to purchase goods and services from other vendors when it is in the best interest of t he ESC Region 8 and TIPS. Does vendor agree? Yes

  • Vendor’s Termination If TIPS fails to materially perform pursuant to the terms of this Agreement, Vendor shall provide written notice to TIPS specifying the default (“Notice of Default”). If TIPS does not cure such default within thirty (30) days, Vendor may terminate this Agreement, in whole or in part, for cause. If Vendor terminates this Agreement for cause, and it is later determined that the termination for cause was wrongful, the termination shall automatically be converted to and treated as a termination for convenience.

  • Termination Payment for Force Majeure Event 34.9.1 If Termination is on account of a Non-Political Event, the Authority shall make a Termination Payment to the Concessionaire in an amount equal to 90% (ninety per cent) of the Debt Due less Insurance Cover.

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