Common use of Allocation of Settlement Amount Following Termination Clause in Contracts

Allocation of Settlement Amount Following Termination. (1) If the Settlement Agreement is not approved, is terminated or otherwise fails to take effect for any reason, Siskinds LLP shall, within thirty (30) days of the written notice pursuant to Section 5.1(1), return to the Settling Defendants the amount they have paid to Siskinds LLP, plus all accrued interest thereon, but less the Settling Defendants’ proportional share of the costs of notices required by Section 10.1(1) and any translations required by Section 14.11.

Appears in 15 contracts

Samples: Settlement Agreement, Settlement Agreement, Settlement Agreement

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Allocation of Settlement Amount Following Termination. (1) If the Settlement Agreement is not approved, is terminated or otherwise fails to take effect for any reason, Siskinds LLP shall, within thirty (30) days of the written notice pursuant to Section 5.1(16.1(1), return to the Settling Defendants the amount they have paid to Siskinds LLP, plus all accrued interest thereon, but less the Settling Defendants’ proportional share of the costs of notices required by Section 10.1(111.1(1) and any translations required by Section 14.1115.11.

Appears in 10 contracts

Samples: Class Action Settlement Agreement, National Settlement Agreement, National Settlement Agreement

Allocation of Settlement Amount Following Termination. (1) If the Settlement Agreement is not approved, is terminated or otherwise fails to take effect for any reason, Siskinds LLP shall, within thirty (30) days of the written notice pursuant to Section 5.1(14.1(1), return to the Settling Defendants the amount they have paid to Siskinds LLP, plus all accrued interest thereon, but less the Settling Defendants’ proportional share of the costs of notices required by Section 10.1(19.1(1) and any translations required by Section 14.1113.11.

Appears in 6 contracts

Samples: Settlement Agreement, Settlement Agreement, Settlement Agreement

Allocation of Settlement Amount Following Termination. (1) If the Settlement Agreement is not approved, is terminated or otherwise fails to take effect for any reasonterminated, Siskinds LLP shall, within thirty (30) business days of the written notice pursuant to Section 5.1(1)advising that the Settlement Agreement has been terminated in accordance with its terms, return to the Settling Defendants the amount they have paid to Siskinds LLPSettlement Amount, plus all accrued interest thereonthereon and less taxes paid on interest, but less any costs incurred with respect to the Settling Defendants’ proportional share of the costs of notices required by Section 10.1(1) 8.1, and any translations costs of translation required by Section 14.1112.12.

Appears in 2 contracts

Samples: Settlement Agreement, Settlement Agreement

Allocation of Settlement Amount Following Termination. (1) If the Settlement Agreement is not approved, is terminated or otherwise fails to take effect for any reason, Siskinds LLP shall, within thirty (30) days of the written notice pursuant to Section 5.1(16.1(1), return to the Settling Defendants the amount they have paid to Siskinds LLP, plus all accrued interest thereon, but less the lessor of Settling Defendants’ proportional share of the costs of notices required by Section 10.1(111.1(1) and any translations required by Section 14.1115.11 and $250,000.

Appears in 2 contracts

Samples: National Settlement Agreement, Settlement Agreement

Allocation of Settlement Amount Following Termination. (1) If the Settlement Agreement is not approved, is terminated or otherwise fails to take effect for any reason, Siskinds LLP shall, within thirty (30) days of the written notice pursuant to Section 5.1(14.1(1), return to the Settling Defendants the amount they have paid to Siskinds LLP, plus all accrued interest thereon, but less the Settling Defendants’ proportional share of the actual costs of notices required by Section 10.1(19.1(1) and any translations required by Section 14.1113.11, up to a maximum deduction of CAD$30,000.

Appears in 2 contracts

Samples: National Settlement Agreement, Settlement Agreement

Allocation of Settlement Amount Following Termination. (1) If the Settlement Agreement is not approved, is terminated or otherwise fails to take effect for any reasonterminated, Siskinds LLP shall, within thirty (30) business days of the written notice pursuant to Section 5.1(1)advising that the Settlement Agreement has been terminated in accordance with its terms, return to the Settling Defendants Defendant the amount they have paid to Siskinds LLPSettlement Amount, plus all accrued interest thereonthereon and less taxes paid on interest, but less any costs incurred with respect to the Settling Defendants’ proportional share of the costs of notices required by Section 10.1(1) 8.1, and any translations costs of translation required by Section 14.1112.12.

Appears in 2 contracts

Samples: Settlement Agreement, Settlement Agreement

Allocation of Settlement Amount Following Termination. (1) If the Settlement Agreement is not approved, is terminated or otherwise fails to take effect for any reason, Siskinds LLP shall, within thirty (30) days of the written notice pursuant to Section 5.1(1), return to the Settling Defendants the amount they have paid to Siskinds LLP, plus all accrued interest thereon, but less the Settling Defendants’ proportional share of the actual costs of notices required by Section 10.1(1) and any translations required by Section 14.11, up to a maximum deduction of CAD$30,000.

Appears in 1 contract

Samples: Class Action Settlement Agreement

Allocation of Settlement Amount Following Termination. (1) If the Settlement Agreement is not approved, is terminated or otherwise fails to take effect for any reason, Siskinds LLP shall, within thirty (30) days of the written notice pursuant to Section 5.1(1), return to the Settling Defendants the amount they have paid to Siskinds LLP, plus all accrued interest thereon, but less the Settling Defendants’ proportional share of the costs of notices required by Section 10.1(110.110.1(1) and any translations required by Section 14.11.

Appears in 1 contract

Samples: Settlement Agreement

Allocation of Settlement Amount Following Termination. (1) If the Settlement Agreement is not approved, is terminated or otherwise fails to take effect for any reason, Siskinds LLP shall, within thirty (30) days of the written notice pursuant to Section 5.1(14.1(1), return to the Settling Defendants the amount they have paid to Siskinds LLP, plus all accrued interest thereon, but less the Settling Defendants' proportional share of the actual costs of notices required by Section 10.1(19.1 (1) and any translations required by Section 14.1113 .11, up to a maximum deduction of CAD$30,000.

Appears in 1 contract

Samples: Settlement Agreement

Allocation of Settlement Amount Following Termination. (1) If the Settlement Agreement is not approved, is terminated or otherwise fails to take effect for any reason, Siskinds LLP shall, within thirty (30) days of the written notice pursuant to Section 5.1(16.1(1), return to the Settling Defendants the amount they have paid to Siskinds LLP, plus all accrued interest thereon, but less the Settling Defendants’ proportional share (to a maximum of $50,000) of the costs of notices required by Section 10.1(111.1(1) and any translations required by Section 14.1115.11.

Appears in 1 contract

Samples: National Settlement Agreement

Allocation of Settlement Amount Following Termination. (1) If the Settlement Agreement is not approved, is terminated or otherwise fails to take effect for any reason, Siskinds LLP shall, within thirty (30) days of the written notice pursuant to Section 5.1(1), return to the Settling Defendants the amount they have paid to Siskinds LLP, plus all accrued interest thereon, but less the Settling Defendants’ proportional share of the costs cost of notices required by Section 10.1(1) and any translations required by Section 14.11.

Appears in 1 contract

Samples: National Settlement Agreement

Allocation of Settlement Amount Following Termination. (1) If the Settlement Agreement is not approved, is terminated or otherwise fails to take effect for any reason, Siskinds LLP shall, within thirty (30) days of the written notice pursuant to Section 5.1(14.1(1), return to the Settling Defendants the amount they have paid to Siskinds LLP, plus all accrued interest thereon, . but less the Settling Defendants’ proportional share of the costs of notices required by Section 10.1(19.1(1) and any translations required by Section 14.1113.11.

Appears in 1 contract

Samples: Settlement Agreement

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Allocation of Settlement Amount Following Termination. (1) If the Settlement Agreement is not approved, is terminated or otherwise fails to take effect for any reasonterminated, Siskinds LLP shall, within thirty (30) business days of the written notice pursuant to Section 5.1(1)advising that the Settlement Agreement has been terminated in accordance with its terms, return to the Settling Defendants the amount they have paid to Siskinds LLPSettlement Amount, plus all accrued interest thereon, but thereon and less up to $50,000 for any costs incurred with respect to the Settling Defendants’ proportional share of the costs of notices required by Section 10.1(1) 11.1(1), and any translations costs of translation required by Section 14.1114.12.

Appears in 1 contract

Samples: Settlement Agreement

Allocation of Settlement Amount Following Termination. (1) If the Settlement Agreement is not approved, is terminated or otherwise fails to take effect for any reason, Siskinds LLP shall, within thirty (30) days of the written notice pursuant to Section 5.1(1), return to the Settling Defendants the amount they have paid to Siskinds LLP, plus all accrued interest thereon, but less the Settling Defendants’ proportional share of the actually incurred costs of notices required by Section 10.1(1) and any translations required by Section 14.11.Section

Appears in 1 contract

Samples: Settlement Agreement

Allocation of Settlement Amount Following Termination. (1) If the Settlement Agreement is not approved, is terminated or otherwise fails to take effect for any reason, Siskinds LLP shall, within thirty (30) days of the written notice pursuant to Section 5.1(16.1(1), return to the Settling Defendants the amount they have paid to Siskinds LLP, plus all accrued interest thereon, but less the lessor of Settling Defendants' proportional share of the costs of notices required by Section 10.1(111.1(1) and any translations required by Section 14.1115.11 and $250,000.

Appears in 1 contract

Samples: Settlement Agreement

Allocation of Settlement Amount Following Termination. (1) If the Settlement Agreement is not approved, is terminated or otherwise fails to take effect for any reason, Siskinds LLP shall, within thirty (30) days of the written notice pursuant to Section 5.1(1), return to the Settling Defendants the amount they have paid to Siskinds LLP, plus all accrued interest thereon, but less the Settling Defendants’ proportional share of the costs of notices required by Section 10.1(1) and any translations required by Section 14.11.

Appears in 1 contract

Samples: Settlement Agreement

Allocation of Settlement Amount Following Termination. (1) If the Settlement Agreement is not approved, is terminated or otherwise fails to take effect for any reason, Siskinds LLP shall, within thirty (30) days of the written notice pursuant to Section 5.1(1), return to the Settling Defendants Defendant the amount they have it has paid to Siskinds LLP, plus all accrued interest thereon, but less the Settling Defendants’ Defendant’s proportional share of the costs of notices required by Section 10.1(1) and any translations required by Section 14.11.

Appears in 1 contract

Samples: Settlement Agreement

Allocation of Settlement Amount Following Termination. (1) If the Settlement Agreement is not approved, is terminated or otherwise fails to take effect for any reason, Siskinds LLP shall, within thirty (30) days of the written notice pursuant to Section 5.1(1)4.1, return to the Settling Defendants the amount they have paid to Siskinds LLP, plus all accrued interest thereon, but thereon and less the Settling Defendants’ proportional share of the any costs of incurred with respect to notices required by Section 10.1(1) 9.1(1), and less any costs of translations required by Section 14.1113.12.

Appears in 1 contract

Samples: Settlement Agreement

Allocation of Settlement Amount Following Termination. (1) If the Settlement Agreement is not approved, is terminated or otherwise fails to take effect for any reason, Siskinds Sotos LLP shall, within thirty (30) days of the written notice pursuant to Section 5.1(14.1(1), return to the Settling Defendants the amount they have paid to Siskinds Sotos LLP, plus all accrued interest thereon, but less the Settling Defendants’ proportional share of the costs of notices required by Section 10.1(19.1(1) and any translations required by Section 14.1113.11.

Appears in 1 contract

Samples: Settlement Agreement

Allocation of Settlement Amount Following Termination. (1) If the Settlement Agreement is not approved, is terminated or otherwise fails to take effect for any reason, Siskinds LLP shall, within thirty (30) days of the written notice pursuant to Section 5.1(1), return to the Settling Defendants the amount they have paid to Siskinds LLP, plus all accrued interest thereon, but less the Settling Defendants’ proportional share of the costs of notices required by Section 10.1(1) and any translations required by Section 14.11, provided that the Settlement Agreement is terminated based on the failure of the Settling Defendants to fulfil their obligations herein.

Appears in 1 contract

Samples: Settlement Agreement

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