Common use of Occurrence of Effective Date Clause in Contracts

Occurrence of Effective Date. Upon the occurrence of all of the events referenced in the above paragraph, any and all remaining interest or right of Defendant in or to the Gross Settlement Fund, if any, shall be absolutely and forever extinguished, and the Gross Settlement Fund (less any Notice and Administrative Costs, Taxes, Tax Expenses or Fee and Expense Award paid) shall be transferred from the Escrow Agent to the Notice and Claims Administrator as successor Escrow Agent within ten (10) days after the Effective Date.

Occurrence of Effective Date. Upon the occurrence of all of the events 6 referenced in the above paragraph, any and all remaining interest or right of Defendant Defendants in or to 7 the Gross Settlement Fund, if any, shall be absolutely and forever extinguished, and the Gross 8 Settlement Fund (less any Notice and Administrative Costs, Taxes, Tax Expenses Expenses, or Fee and 9 Expense Award paid) shall be transferred from the Escrow Agent to the Notice and Claims 10 Administrator as successor Escrow Xxxxxx Agent within ten (10) days after the Effective Date.

Occurrence of Effective Date. Upon the occurrence of all of the events referenced in the above paragraph, any and all remaining interest or right of Defendant in or to the Gross Settlement Fund, if any, shall be absolutely and forever extinguished, and the Gross Settlement Fund (less any Notice and Administrative Costs, Taxes, Tax Expenses Expenses, or Fee and Expense Award paid) shall be transferred from the Escrow Agent to the Notice and Claims Administrator as successor Escrow Agent within ten (10) days after the Effective Date.