Common use of Nullification of Agreement Clause in Contracts

Nullification of Agreement. In the event: (a) the Court does not enter the Preliminary Approval Order specified herein in substantially the same form as Exhibit D attached hereto; (b) the Court does not finally approve the settlement as provided herein; (c) the Court does not issue a [Proposed] Final Judgment (as provided herein and in substantially the same form as Exhibit G attached hereto) which becomes final and not subject to any appeals; or (d) the settlement does not become final for any other reason, this Agreement shall be null and void and any order or judgment entered by the Court in furtherance of this settlement shall be treated as void ab initio. In such event, the Parties hereto and any funds to be awarded under this settlement shall be returned to their respective statuses as of the date and time immediately prior to the execution of this Agreement, and the Parties shall proceed in all respects as if this Agreement had not been executed.

Appears in 2 contracts

Samples: Class Action Settlement Agreement, Class Action Settlement Agreement

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Nullification of Agreement. In the event: (a) the Court does not enter the Preliminary Approval Order specified herein in substantially the same form as Exhibit D “E” attached hereto; (b) the Court does not finally approve the settlement as provided herein; (c) the Court does not issue a [Proposed] Final Judgment (as provided herein and in substantially the same form as Exhibit G “G” attached hereto) which becomes final and not subject to any appeals; or (d) the settlement does not become final for any other reason, this Settlement Agreement shall be null and void and any order or judgment entered by the Court in furtherance of this settlement shall be treated as void ab initio. In such event, the Parties parties hereto and any funds to be awarded under this settlement shall be returned to their respective statuses as of the date and time immediately prior to the execution of this Settlement Agreement, and the Parties parties shall proceed in all respects as if this Settlement Agreement had not been executed; however in this event, Defendant agrees to separately pay for the cost charged by the Claims Administrator directly to the Claims Administrator.

Appears in 1 contract

Samples: Class Action Settlement Agreement

Nullification of Agreement. In the event: (ai) the Court does not enter the Preliminary Approval Order specified herein in substantially the same form as Exhibit D “C” attached hereto; (bii) the Court does not finally approve the settlement as provided herein; (ciii) the Court does not issue a [Proposed] Final Judgment (consistent with the terms of this Agreement or as provided herein and in substantially the same form as Exhibit G attached heretoParties jointly approve by subsequent agreement) which becomes final and not subject to any appeals; or (div) the settlement does not become final for any other reason, this Agreement shall be null and void and any order or judgment entered by the Court in furtherance of this settlement shall be treated as void ab initio. In such event, the Parties hereto and any funds to be awarded under this settlement shall be returned to their respective statuses as of the date and time immediately prior to the execution of this Agreement, and the Parties parties shall proceed in all respects as if this Agreement had not been executed.

Appears in 1 contract

Samples: Class Action Settlement Agreement

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Nullification of Agreement. In the event: (ai) the Court does not enter the Preliminary Approval Order order specified herein in substantially the same form and attached hereto as Exhibit D attached hereto“D”; (bii) the Court does not finally approve the settlement as provided herein; (ciii) the Court does not issue enter a [Proposed] Final Judgment (as provided herein and in substantially the same form attached hereto as Exhibit G attached hereto) “E” which becomes final and not subject to any appealsas a result of the occurrence of the Effective Date; or (div) the settlement does not become final for any other reason, this Agreement shall be null and void and any order or judgment entered by the Court in furtherance of this settlement shall be treated as void ab initio. In such eventa case, the Parties hereto parties and any funds to be awarded under this settlement Settlement shall be returned to their respective statuses as of the date and time immediately prior to the execution of this Agreement, and the Parties parties shall proceed in all respects as if this Agreement had not been executed.

Appears in 1 contract

Samples: Class Action Settlement Agreement (Allstate Corp)

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