Common use of Rights to Terminate Agreement Clause in Contracts

Rights to Terminate Agreement. Defendants’ willingness to settle this Litigation on a class-action basis and to agree to the certification of conditional Settlement Class is dependent upon achieving finality in this Litigation and avoiding the expense of this and other litigation. Consequently, either party shall have the right to terminate this Settlement Agreement, declare it null and void, and have no further obligations

Appears in 2 contracts

Samples: Settlement Agreement and Release, Settlement Agreement and Release

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Rights to Terminate Agreement. Defendants’ Defendant’s willingness to settle this Litigation on a class-action basis and to agree to the certification of conditional Settlement Class is dependent upon achieving finality in this Litigation and avoiding Litigation, the desire to avoid the expense of this and other litigation. Consequently, either party Defendant shall have the unilateral and unfettered right to individually terminate this Settlement Agreement, declare it null and void, and have no further obligationsobligations under this Settlement Agreement to the Plaintiff, Settlement Class Members, or Class Counsel if any of the following conditions subsequently occurs:

Appears in 1 contract

Samples: Settlement Agreement and Release

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Rights to Terminate Agreement. Defendants’ willingness to settle this Litigation on a class-action basis and to agree to the certification of conditional Settlement Class is dependent upon achieving finality in this Litigation and avoiding the expense of this and other litigation. Consequently, either party shall have the right to terminate this Settlement Agreement, declare it null and void, and have no further obligationsobligations under this Settlement Agreement if any of the following conditions subsequently occurs:

Appears in 1 contract

Samples: Class Settlement Agreement and Release

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