Common use of Settling Claimants Clause in Contracts

Settling Claimants. The Settling Claimants or their designee(s) may terminate this Agreement if there has been a material misrepresentation, a material breach of warranty, or a material failure to comply with any covenant or agreement on the part of any of the El Paso Settling Parties with respect to their representations, warranties, covenants or agreements set forth herein, and such misrepresentation, breach, or failure to comply has not been cured in all material respects within ten (10) Business Days of receipt by El Paso from the Designated Representative of written notice thereof.

Appears in 4 contracts

Samples: Master Settlement Agreement, Master Settlement Agreement, Master Settlement Agreement (El Paso Natural Gas Co)

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