Common use of Revert to Status Quo Clause in Contracts

Revert to Status Quo. If this Settlement Agreement terminates for any reason, the Settlement Agreement shall be of no force and effect and the Parties’ rights and defenses shall be restored, without prejudice, to their respective positions as if this Settlement Agreement had never been executed, and any orders entered by the Court in connection with this Settlement Agreement shall be vacated. However, any payments made to the Claims Administrator for services rendered up until the date of termination shall not be refunded, but such payments shall constitute recoverable costs to the extent allowed by law.

Revert to Status Quo. If either Plaintiff or Defendant terminate this Settlement Agreement terminates for any reasonas provided herein, the Settlement Agreement shall be of no force and effect effect, and the Parties’ rights and defenses shall be restored, without prejudice, to their respective positions as if this Settlement Agreement had never been executed, and any orders entered by the Court in connection with this Settlement Agreement shall be vacated. However, any payments made to the Claims Administrator for services rendered up until to the date of termination shall not be refundedrefunded to Citizens, but such payments shall constitute recoverable costs to the extent allowed by law.

Revert to Status Quo. If either Plaintiff or Defendants terminate this Settlement Agreement terminates for any reasonas provided herein, the Settlement Agreement shall be of no force and effect and the Parties’ rights and defenses shall be restored, without prejudice, to their respective positions as if this Settlement Agreement had never been executed, and any orders entered by the Court in connection with this Settlement Agreement shall be vacated. However, any payments made to the Claims Administrator for services rendered up until to the date of termination shall not be refunded, but such payments shall constitute recoverable costs refunded to the extent allowed by lawDefendants.

Revert to Status Quo. If either Plaintiff or Defendant terminate this Settlement Agreement terminates for any reasonas provided under Section XIV, the Settlement Agreement shall be of no force and effect and the Parties’ rights and defenses shall be restored, without prejudice, to their respective positions as if this Settlement Agreement had never been executed, and any orders entered by the Court in connection with this Settlement Agreement shall be vacated. However, any payments made to the Claims Administrator for services rendered up until to the date of termination shall not be refundedrefunded to ContextMedia, but such payments shall constitute recoverable costs to the extent allowed by law.