Non-Reversionary. The Settlement Fund is non-reversionary. As of the Approval Date, all rights of the Defendants in or to the Settlement Fund shall be extinguished, except in the event this Settlement Agreement is terminated pursuant to the terms of this Agreement.
Non-Reversionary. This settlement is not a reversionary settlement. As of the Effective Date, all rights of Defendant in or to the Settlement Fund shall be extinguished, except in the event this Settlement Agreement is voided, cancelled, or terminated, as described in Section XIII of this Agreement. In the event the Effective Date occurs, no portion of the Settlement Fund shall be returned to Defendant.
Non-Reversionary. This Settlement is not a reversionary settlement. As of the Effective Date, all rights of the Defendant in or to the Settlement Fund shall be extinguished, except in the event this Settlement Agreement is voided, cancelled or terminated, as described in Section 9 of this Agreement. In the event the Effective Date occurs, no portion of the Settlement Fund shall be returned to the Defendant. Any residual funds remaining in the Net Settlement Fund, after any and all Settlement Administration Expenses, Taxes, Fee and Expense Award, Service Payments, and Settlement Payments, pursuant to the terms of this Agreement, have been paid (or set aside for such purposes), shall be distributed to the Non-Profit Residual Recipients in equal amounts.
Non-Reversionary. This is a non-reversionary settlement. As of the Effective Date, all rights of Connexin in or to the Settlement Fund shall be extinguished, except in the event this Settlement Agreement is voided, cancelled, or terminated, as set forth herein. In the event the Effective Date occurs, no portion of the Settlement Fund shall be returned to Connexin.
Non-Reversionary. The Settlement Fund is a non-reversionary settlement fund. As of the Effective Date, all rights of Defendant in or to the Settlement Fund shall be extinguished, except in the event this Settlement Agreement is voided, cancelled or terminated, as described Section V.2 and Section X in this Agreement. In the event the Effective Date occurs, no portion of the Settlement Fund shall be returned to any or all Defendants or any Released Party. Any residual funds remaining in the Net Settlement Fund shall be distributed as described in Section VII.8 in this Action.
Non-Reversionary. The Settlement Fund is non-reversionary. As of the Effective Date, all rights of Xxxxxxx in or to the Settlement Fund shall be extinguished, except in the event this Settlement Agreement is terminated, as described in Paragraph 88.
Non-Reversionary. This is a non-reversionary settlement. As of the Effective Date, all rights of Xxxxxx & Xxxxxxxx and/or its insurer in or to the Settlement Fund shall be extinguished, except in the event this Settlement Agreement is voided, cancelled, or terminated, as set forth herein. In the event the Effective Date occurs, no portion of the Settlement Fund shall be returned to Xxxxxx & Xxxxxxxx and/or its insurers.
Non-Reversionary. The Common Fund is non-reversionary. As of the Effective Date, all rights of Luxottica in or to the Common Fund shall be extinguished, except in the event this Settlement Agreement is terminated as provided herein.
Non-Reversionary. The Gross Settlement Amount shall be non-reversionary. Counsel will make reasonable efforts to contact Class Members who fail to cash their settlement checks within six (6) months of receipt so that they may be issued a new check for the amount allocated under the Settlement Agreement. If after one year class members have failed to cash their checks and have not requested the issuance of a new check, such unconsummated payments and any unclaimed funds shall be donated cy-pres to Kentucky Legal Aid.
Non-Reversionary. The Gross Settlement Amount, Settlement Fund, or the Net Settlement Amount shall not revert to Defendants.
