Common use of Allocation of Monies in the Trust Account Following Termination Clause in Contracts

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.

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 10 and Section 14 12 up to a maximum of $30,000 and less the cost of translations required under Section 15.12 13.12 up to a maximum of $7,750.

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 11 and Section 14 13 up to a maximum of $30,000 and less the cost of translations required under Section 15.12 14.12 up to a maximum of $7,750.

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 11 and Section 14 13 up to a maximum of $30,000 and less the cost of translations required under Section 15.12 14.12 up to a maximum of $7,750.7,750.‌