Allocation of Monies in the Trust Account Following Termination Sample Clauses

Allocation of Monies in the Trust Account Following Termination. (1) If the Settlement Agreement is terminated, BC Counsel or the Claims Administrator, as the case may be, shall return to the Settling Defendants all monies in the Trust Account including interest but less the costs of notice expended in accordance with Section 12 and Section 14 up to a maximum of $30,000 and less the cost of translations required under Section 15.12 up to a maximum of $7,750.
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Allocation of Monies in the Trust Account Following Termination. (1) If the Settlement Agreement is terminated, BC Counsel or the Claims Administrator, as the case may be, shall within thirty (30) days of the written notice pursuant to Section 6.1(1) return to the Settling Defendants the Settlement Amount, plus all accrued interest thereon and less any taxes paid on interest, less the Settling Defendants’ proportional share (to a maximum of $50,000 for the Settling Defendants collectively) of any costs actually incurred or payable with respect to notices required by Section 11.1 and any costs actually incurred or payable with respect to any translations required under Section 14.11.
Allocation of Monies in the Trust Account Following Termination. ‌ (1) If the Settlement Agreement is terminated in accordance with its terms or otherwise fails to take effect, Counsel for the Settling Defendants or Camp Xxxxxxxx Xxxxxxxx Xxxxxxxx, as applicable, shall return to the Settling Defendants all monies in the Trust Account including interest, but less the costs of notice and translations incurred in accordance with Section 11, Section 12, and Section 13 within thirty (30) business days of the relevant termination event in Section 6.1.‌
Allocation of Monies in the Trust Account Following Termination. (1) If the Settlement Agreement is terminated, Class Counsel shall pay to the Settling Defendant the Settlement Amount plus all accrued interest thereon, less the costs of the notices required by section 9.1 which are intended to be paid out of the Trust Account and not yet paid, within thirty (30) business days of the written notice advising that the Settlement Agreement has been terminated in accordance with its terms.
Allocation of Monies in the Trust Account Following Termination. (1) If the Settlement Agreement is terminated, BC Counsel or the Claims Administrator, as the case may be, shall within thirty (30) days of the written notice pursuant to Section 6.1(1) return to the Settling Defendants the Settlement Amount, plus all accrued interest thereon and less any taxes paid on interest, less any costs actually incurred or payable with respect to notices required by Section 11.1 (up to a maximum of CDN $30,000) and less any costs actually incurred or payable with respect to any translations required under Section 14.11 (up to a maximum of CDN $7,750).
Allocation of Monies in the Trust Account Following Termination. (1) If the Settlement Agreement is terminated, the Escrow Agent shall pay to Hershey Canada the Settlement Amount plus all accrued interest thereon, less the costs of the Escrow Agent, and less the costs of the Notices referred to in section 10.1, within thirty (30) business days of a final judgment being entered by a Court denying the certification or authorization of a Main Proceeding as a class proceeding or denying the approval of the Settlement Agreement, whichever is earlier. The Releasees, the Main Plaintiffs, and the Additional Plaintiffs expressly reserve all of their respective rights if this Settlement Agreement is terminated.
Allocation of Monies in the Trust Account Following Termination. If the Settlement Agreement is terminated, the Escrow Agent shall return to the Settling Defendants all monies in the Trust Account including all accrued Pre-Deposit Interest, less the costs of the Escrow Agent, and the Opt Out Administrator, and less the costs of the Notices referred to in section 11.1 including any costs that exceed the sum of $250,000 (to the extent that the Settling Defendants have not already paid such costs in accordance with section 13(1)), within thirty (30) business days of a final judgment being entered by a Court denying the certification or authorization of a Main Proceeding as a class proceeding or denying the approval of the Settlement Agreement, whichever is earlier. The Settling Defendants, the Main Plaintiffs, and the Additional Plaintiffs expressly reserve all of their respective rights if this Settlement Agreement is terminated.
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Allocation of Monies in the Trust Account Following Termination. 12.3.1 If the Settlement Agreement is terminated in accordance with its terms after the Settlement Amount is paid into the Trust Account, the Claims Administrator shall return to the Defendant all monies remaining in the Trust Account after deduction of Administrative Expenses reasonably incurred up to the date of termination within thirty (30) business days of notice of termination by the Defendant.
Allocation of Monies in the Trust Account Following Termination. (1) If the Settlement Agreement is terminated in accordance with its terms, then within thirty (30) business days of written notice advising that the Settlement Agreement has been terminated, Ontario Counsel shall pay to the Settling Defendant the money in the Trust Account, plus all accrued interest thereon, but less any already-accrued costs of the notices required by Section 11.1(1) and any already-accrued translation costs pursuant to Section 14.12.
Allocation of Monies in the Trust Account Following Termination. (1) If the Settlement Agreement is terminated, Class Counsel or the Claims Administrator, as the case may be, shall within thirty (30) days of the written notice pursuant to section 7.1(1) return to the Settling Defendants all monies paid by the Settling Defendants including interest but less the costs of notice expended in accordance with Section 12 up to a maximum of $30,000 and less the cost of any translations required under Section 15.12 up to a maximum of $7,750.
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