Common use of Return of Settlement Amount Following Termination Clause in Contracts

Return of Settlement Amount Following Termination. (1) If the Settlement Agreement is terminated, Class Counsel, within thirty (30) business days of the written notice advising that the Settlement Agreement has been terminated in accordance with its terms, shall return to the Settling Defendants the amount the Settling Defendants have paid to Class Counsel, plus all accrued interest thereon and less any costs incurred with respect to the notices required by Section 11.1(1), and any costs of translation required by Section 15.12, such costs in total not to exceed fifty thousand Canadian dollars (CAD $50,000).

Appears in 6 contracts

Samples: Settlement Agreement, Canadian Forex Class Action National Settlement Agreement, Settlement Agreement

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Return of Settlement Amount Following Termination. (1) If the Settlement Agreement is terminated, Class Counsel, within thirty (30) business days of the written notice advising that the Settlement Agreement has been terminated in accordance with its terms, shall return to the Settling Defendants the amount the Settling Defendants have paid to Class Counsel, plus all accrued interest thereon and less any costs incurred with respect to the notices required by Section 11.1(1), and any costs of translation required by Section 15.12, such costs in total not to exceed fifty thousand Canadian dollars (CAD $50,000).

Appears in 5 contracts

Samples: Settlement Agreement, Settlement Agreement, Canadian Forex Class Action National Settlement Agreement

Return of Settlement Amount Following Termination. (1) If the Settlement Agreement is terminated, Class Counsel, within thirty (30) business days of the written notice advising that the Settlement Agreement has been terminated in accordance with its terms, shall return to the Settling Defendants Defendant the amount the Settling Defendants have Defendant has paid to Class Counsel, plus all accrued interest thereon and less any costs incurred with respect to the notices required by Section 11.1(1), and any costs of translation required by Section 15.12, such costs in total not to exceed fifty twenty thousand Canadian dollars (CAD $50,00020,000).

Appears in 2 contracts

Samples: Canadian Forex Class Action National Settlement Agreement, Settlement Agreement

Return of Settlement Amount Following Termination. (1) If the Settlement Agreement is terminated, Class Counsel, within thirty (30) business days of the written notice advising that the Settlement Agreement has been terminated in accordance with its terms, shall return to the Settling Defendants the amount the Settling Defendants have paid to Class Counsel, plus all accrued interest thereon and less any costs incurred with respect to the notices required by Section 11.1(110.1(1), and any costs of translation required by Section 15.1214.12, such costs in total not to exceed fifty thousand Canadian dollars (CAD $50,000).

Appears in 2 contracts

Samples: National Settlement Agreement, Canadian Forex Class Action National Settlement Agreement

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Return of Settlement Amount Following Termination. (1) If the Settlement Agreement is terminated, Class Counsel, within thirty (30) business days of the written notice advising that the Settlement Agreement has been terminated in accordance with its terms, shall return to the Settling Defendants the amount the Settling Defendants have paid to Class Counsel, plus all accrued interest thereon and less any costs incurred with respect to the notices required by Section 11.1(1), and any costs of translation required by Section 15.12, such costs in total not to exceed fifty thirty thousand Canadian dollars (CAD $50,00030,000).

Appears in 2 contracts

Samples: Canadian Forex Class Action National Settlement Agreement, Settlement Agreement

Return of Settlement Amount Following Termination. (1) If the Settlement Agreement is terminated, Class Counsel, within thirty (30) business days of the written notice advising that the Settlement Agreement has been terminated in accordance with its terms, shall return to the Settling Defendants Defendant the amount the Settling Defendants have paid Defendant haspaid to Class Counsel, plus all accrued interest thereon and less any costs incurred with respect to the notices required by Section 11.1(1), and any costs of translation required by Section 15.12, such costs in total not to exceed fifty thousand Canadian dollars (CAD $50,000).

Appears in 1 contract

Samples: Canadian Forex Class Action National Settlement Agreement

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