Void Period definition
Examples of Void Period in a sentence
If the Froedtert Defendants deposited funds in excess of the Initial Payment and any such funds remain after expiration of the Void Period, the Settlement Administrator shall return those funds to the Froedtert Defendants.
In the event that a Unit is Void more than [5] months after the Ready for Use Date as specified in clause 3.5 in respect of the initial letting or after the expiry of the relevant Void Period in respect of subsequent lettings the Housing Provider shall have the option by serving written notice on the Council, which shall have immediate effect, to nominate individuals and grant tenancies in respect of the relevant Void outside of the terms set out in this Agreement for the Term.
In the event Sellers properly and timely deliver a Termination Notice and thereafter Buyer fails timely to deliver the Void Notice, then this Agreement shall terminate effective as of the expiration of the Void Period.
If a Settlement Benefit is not negotiated within the Void Period, the Settlement Class member is not entitled to any further payment under this Agreement or otherwise, and remains subject to the Release in Section I.C.2 of this Agreement.
After the Void Period, to the extent there are funds remaining from the Initial Payment, the Settlement Administrator shall disburse fifty percent (50%) of those funds to the Wisconsin Trust Account Foundation, Inc., twenty-five percent (25%) of those funds to the Marquette University Law School Volunteer Legal Clinics, and twenty-five percent (25%) to the University of Wisconsin Law School Consumer Law Litigation Clinic, or as the Court may otherwise direct in the Final Approval Order.