Common use of Effectiveness of Termination Notice Clause in Contracts

Effectiveness of Termination Notice. The Termination Notice will become effective to void the Settlement Agreement only if and after the Settling Parties have failed to reach a written agreement within thirty (30) days of the Termination Notice to modify this Settlement Agreement to resolve the issue.

Effectiveness of Termination Notice. The Termination Notice will become effective to void the Settlement Agreement only if and after the Settling Parties have failed fail to reach a written agreement within thirty (30) days of the Termination Notice to modify this Settlement Agreement to resolve the issueissue and have not agreed to further extend the time to reach agreement to modify this Settlement Agreement.

Effectiveness of Termination Notice. The Termination Notice will become effective to void the Settlement Agreement only if and after the Settling Parties have failed to reach a written agreement within thirty (30) days of the event triggering the Termination Notice to modify this Settlement Agreement to resolve the issue.