Return of Settlement Payments Upon Termination Sample Clauses
Return of Settlement Payments Upon Termination. If this Settlement Agreement is terminated after any Settlement Payments have been deposited into the Escrow Account or paid into the Settlement Fund, then the Settlement Administrator shall return such Settlement Payments to the entities who issued the Settlement Payments no later than thirty (30) days after termination of this Settlement Agreement. If a Settling Party withdraws from the Settlement and cancels its obligations under this Settlement Agreement after such Settling Party has deposited its Settlement Payment into the Escrow Account or paid its Settlement Payment into the Settlement Fund, then the Settlement Administrator shall return such Settlement Payment to the entity who issued the Settlement Payment no later than thirty (30) days after the Settling Party withdrew from the Settlement and cancelled its obligations under the Settlement Agreement. Any Settling Party that withdraws from the Settlement and terminates and cancels its obligations under this Settlement Agreement forfeits any and all rights to which such Settling Party would have been entitled pursuant to this Settlement Agreement had such Settling Party not withdrawn from the Settlement and terminated and cancelled its obligations under this Settlement Agreement. The provisions of this Section 12.2 shall survive the termination or cancellation of this Settlement Agreement.
