Common use of Option to Terminate Based on Exclusions Clause in Contracts

Option to Terminate Based on Exclusions. Settling Defendants shall have the option to terminate this Settlement Agreement, and thus prevent the entry of the Order and Final Judgment, in accordance with the provisions set forth in a separate Supplemental Agreement, dated , 2014 (the “Supplemental Agreement”), the provisions of which are incorporated by reference as though fully set forth herein, if the criteria specified in the Supplemental Agreement are met. Absent an order or other direction from the Court, the Supplemental Agreement will not be filed with the Court unless and until either: (i) a dispute among the Parties concerning its interpretation or application arises, and in that event it shall be, to the greatest extent permitted by law and/or the Court, filed and maintained with the Court under seal; or (ii) the Court otherwise orders the Supplemental Agreement to be filed.

Appears in 2 contracts

Samples: Settlement Agreement, Settlement Agreement

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Option to Terminate Based on Exclusions. Settling Defendants shall have the option to terminate this Settlement Agreement, and thus prevent the entry of the Order and Final Judgment, in accordance with the provisions set forth in a separate Supplemental Agreementagreement dated October 22, dated , 2014 (the “Supplemental Agreement”)2014, the provisions of which are incorporated by reference as though fully set forth herein, if the criteria specified in the Supplemental Agreement are met. Absent an order or other direction from the Court, the Supplemental Agreement will not be filed with the Court unless and or until either: (i) a dispute among the Parties concerning its interpretation or application arises, and in that event it shall be, to the greatest extent permitted allowable by law and/or the Court, filed and maintained with the Court under seal; or (ii) the Court otherwise orders the Supplemental Agreement to be fileddisclosed.

Appears in 2 contracts

Samples: Settlement Agreement, Settlement Agreement

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