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 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 in accordance with its terms or otherwise fails to take effect, Counsel for the Settling Defendants or Camp Xxxxxxxx Xxxxxxxx Xxxxxxxx, as applicable, Xxxxxxxx shall return the Settlement Amount in the Trust Account, if any, including all interest accrued thereon, to the Settling Defendants Defendant, less a proportionate share of all monies costs and expenses that have been actually incurred as of the date of termination in the Trust Account including interest, but less the costs of relation to providing notice and translations incurred in accordance with Section 11, 11 and Section 1213, and less a proportionate share of reasonable costs of translation pursuant to Section 13 and Section 14.12, within thirty (30) business days of the relevant termination event in Section 6.1.‌exercise of the right of termination.

Allocation of Monies in the Trust Account Following Termination. ‌ (1) If the Settlement Agreement is terminated in accordance with its terms relation to some or otherwise fails to take effectall Settling Defendants, Counsel for the Settling Defendants or Camp Xxxxxxxx Xxxxxxxx Xxxxxxxx, as applicable, Xxxxxxxx shall return to the each such Settling Defendants all monies Defendant its Settlement Amount Share in the Trust Account Account, if any, including interestall interest accrued thereon, but less a proportionate share of all costs and expenses that have been actually incurred as of the costs date of termination in relation to providing notice and translations incurred in accordance with Section 11, 11 and Section 1213, and less a proportionate share of reasonable costs of translation pursuant to Section 13 and Section 14.2, within thirty (30) business days of the relevant termination event in Section 6.1.‌exercise of the right of termination.‌