Common use of Effect If Settlement Not Approved Clause in Contracts

Effect If Settlement Not Approved. The Settlement Agreement is being entered into for settlement purposes only. If the Court does not grant Preliminary Approval, does not grant Final Approval, or if the Effective Date does not occur, this Settlement Agreement will be deemed null and void ab initio. In that event:

Appears in 7 contracts

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

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Effect If Settlement Not Approved. The Settlement Agreement is being entered into for settlement purposes only. If the Court does not grant Preliminary Approval, does not grant Final Approval, or if the Effective Date does not occur, this Settlement Agreement will may be deemed null and void ab initiovoided at either Parties’ election, consistent with the terms of this Agreement. In that eventShould the Settlement Agreement be voided:

Appears in 1 contract

Samples: Settlement Agreement

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