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Common use of Material Term Clause in Contracts

Material Term. (1) The releases contemplated in this Section shall be considered a material term of the Settlement Agreement and the failure of any Court to approve the releases contemplated herein shall give rise to a right of termination pursuant to Section 6.1 of the Settlement Agreement.

Appears in 5 contracts

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

Material Term. (1) The releases contemplated in this Section shall be considered a material term of the Settlement Agreement and the failure of any Court to approve the releases contemplated herein shall give rise to a right of termination pursuant to Section 6.1 11.1 of the Settlement Agreement.

Appears in 4 contracts

Samples: Settlement Agreement, Settlement Agreement, Settlement Agreement

Material Term. (1) The releases contemplated in this Section section 6 shall be considered a material term of the Settlement Agreement and the failure of any Court to approve the releases contemplated herein shall give rise to a right of termination pursuant to Section 6.1 section 5.1 of the Settlement Agreement.

Appears in 3 contracts

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

Material Term. (1) The releases contemplated in this Section section 5 shall be considered a material term of the Settlement Agreement and the failure of any Court to approve the releases contemplated herein shall give rise to a right of termination by the Settling Defendants pursuant to Section 6.1 of the Settlement Agreementsection 4.1 herein.

Appears in 1 contract

Samples: Settlement Agreement

Material Term. (1) β€Œ The releases contemplated in this Section section 5 shall be considered a material term of the Settlement Agreement and the failure of any Court to approve the releases contemplated herein shall give rise to a right of termination by the Settling Defendants pursuant to Section 6.1 of the Settlement Agreementsection 4.1 herein.

Appears in 1 contract

Samples: Settlement Agreement

Material Term. (1) The releases contemplated in this Section section shall be considered a material term of the Settlement Agreement and the failure of any Court to approve the releases contemplated herein shall give rise to a right of termination pursuant to Section section 6.1 of the Settlement Agreement.

Appears in 1 contract

Samples: Settlement Agreement

Material Term. (1) The releases contemplated in this Section shall be considered a material term of the Settlement Agreement and the failure of any Court to approve the releases on the terms contemplated herein shall give rise to a right of termination pursuant to Section 6.1 5.1 of the Settlement Agreement.

Appears in 1 contract

Samples: Settlement Agreement