No Opt-Out Sample Clauses
A No Opt-Out clause prohibits parties from withdrawing from or declining participation in a specified agreement, process, or obligation. In practice, this means that once the clause is in effect, all parties must comply with its terms and cannot choose to exclude themselves from its requirements, such as mandatory arbitration or collective action. The core function of this clause is to ensure uniform participation and prevent parties from undermining the agreement by opting out, thereby maintaining consistency and predictability in the enforcement of the contract.
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No Opt-Out. The Parties agree that the Settlement Class shall be certified in accordance with the standards applicable under Rule 23(b)(2) of the Federal Rules of Civil Procedure and that, accordingly, no Settlement Class member may opt out of any of the provisions of this Settlement Agreement. The Parties further agree that any order, ruling, or determination by or of the District Court or any other court that permits or allows any Settlement Class member to opt out of any of the provisions of this Settlement Agreement shall constitute a material modification of this Settlement Agreement, shall prevent the Judgment from becoming Final and shall give any Party the right to terminate this Settlement Agreement in its entirety.
No Opt-Out. The Parties agree that the Settlement Class will be certified in accordance with the standards applicable under Rule 23(b)(2) of the Federal Rules of Civil Procedure and that, accordingly, no Settlement Class member may opt out of any of the provisions of this Agreement.
No Opt-Out. The Company will not opt out of the TLG Program pursuant to Section 370.5(c) of the TLG Program nor take any action that would void the FDIC guarantee.
No Opt-Out. If Maxygen continues to pay its share of the Collaboration Costs for Products as described in Section 4.1.1, and does not opt-out of the payment of Collaboration Costs pursuant to Section 4.7, then Maxygen shall receive royalties on annual Net Sales of such Product in the applicable geographic region, as follows:
(a) U.S.
(b) Japan. Up to $[****] [****] % >$[****] million and £ $[****] million [****] % >$[****] million and £ $[****] million [****] % >$[****] million and £ $[****] million [****] % >$[****] million [****] %
(c) Rest of World. Up to $[****] million [****] % >$[****] million and £ $[****] million [****] % >$[****] million and £ $[****] million [****] % >$[****] million and £ $[****] million [****] % >$[****] million [****] % **** Certain information on this page has been omitted and filed separately with the Securities and Exchange Commission. Confidential treatment has been requested with respect to the omitted portions.
No Opt-Out. A Member shall not be permitted to opt out of the Plan.
No Opt-Out. Because the Class was certified under Rule 23(c)(4) and Class Members are not releasing any rights or claims, Class Members may not exclude themselves from or opt out of the Agreement.