Termination By Subsequent Litigation Sample Clauses

Termination By Subsequent Litigation. In the event of any timely and proper Subsequent Litigation, this Master Settlement Agreement shall terminate automatically and immediately, but only as between the Released Defendants and the plaintiff(s) in such Subsequent Litigation. Upon termination under this Section VI.B.3, solely as between the Released Defendants and the plaintiff(s) in such Subsequent Litigation: (a) (i) all provisions of this Master Settlement Agreement, (ii) all provisions of the Plan, (iii) any court rulings or orders relating thereto or entered in connection therewith, including, without limitation, any Confirmation Order, Preliminary Class Settlement Approval Order, Final Class Settlement Approval Order, Order Vacating Partial Summary Judgment, and Dismissal Orders, and (iv) all releases (including, without limitation, any Independent Releases) and covenants not to sue granted in the Master Settlement Agreement or the Plan shall be xxxl and void ab initio; (b) none of the provisions of this Master Settlement Agreement, the Plan, any court rulings or orders entered in connection with the Master Settlement Agreement or the Plan (including, without limitation, any Confirmation Order, Preliminary Class Settlement Approval Order, Final Class Settlement Approval Order, Order Vacating Partial Summary Judgment, and Dismissal Orders) or any of the other documents entered into (or written or oral statements made) in connection with the settlement of the Litigation referenced herein (i) shall constitute an admission or stipulation of liability, an admission or stipulation of any facts or circumstances referenced herein, or an admission, stipulation, or judicial determination that any relief sought by any of the Parties (including, without limitation, a request for class certification or the Substantive Consolidation Request) is appropriate, or (ii) may be used as evidence of consent or liability, or admitted as evidence in the Litigation or otherwise for any purpose; (c) notwithstanding the entry of the Confirmation Order or anything contained therein, the Plan shall automatically be revoked and considered null and void without the necessity for court action; (d) FINOVA and the Additional Defendants shall have the right to object to the substantive consolidation of the estates of the Thaxton Debtors; and (f) FINOVA shall retain (i) the FINOVA Claims, (xx) xxe FINOVA Liens, and (iii) any other Claims and priority rights vis-a-vis the plaintiffs in such Subsequent Litigation.
Sample 1
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Related to Termination By Subsequent Litigation

  • Termination by Sellers This Agreement may be terminated at any time prior to the Closing Date by Sellers as follows:

  • Termination by Seller This Agreement may be terminated by Seller and the purchase and sale of the Station abandoned, if Seller is not then in material default, upon written notice to Buyer, upon the occurrence of any of the following:

  • Termination by Buyer This Agreement and the transaction contemplated herein may be terminated and abandoned at any time on or prior to the Closing Date by Buyer, if:

  • Termination by Parent This Agreement may be terminated and the Merger may be abandoned at any time prior to the Effective Time by Parent if:

  • Termination by Purchaser This Agreement may be terminated by Purchaser at any time prior to the Effective Time:

  • Termination by Mutual Consent This Agreement may be terminated at any time prior to the Closing Date by the mutual written consent of the Company and the Purchasers.

  • Termination by Owner Owner may also terminate this Agreement at any time before Contractor begins the Work and notifies Owner in writing of such commencement if (1) Owner sells the property on which the Work is being performed or (2) the economic climate does not warrant proceeding with the project of which the Work is a part. In such circumstance, Contractor shall be entitled to receive that portion of the Contract Price earned by Contractor for Work performed to the satisfaction of Owner less any payments made before the date this Agreement is terminated. Contractor shall not be entitled to any additional compensation or damages as a result of termination of this Agreement pursuant to this Paragraph 12(c).

  • Termination by Agreement In the event Practice and Business ------------------------ Manager shall mutually agree in writing, this Management Services Agreement may be terminated on the date specified in such written agreement.

  • Termination by Bank If the Bank, or its successor in interest by merger, or its transferee in the event of a purchase in an assumption transaction (for reasons other than Executive's death, disability, or Cause) (1) terminates Executive's employment within one year following a Change in Control (as defined below), or (2) terminates Executive's employment before the Change in Control but on or after the date that any party either announces or is required by law to announce any prospective Change in Control transaction and a Change in Control occurs within six months after the termination, the Bank will provide Executive with the payment and benefits described in Section 9(d)(3) below.

  • Termination by Xxxxxx This Agreement may be terminated and the Merger Transactions abandoned at any time before the Acceptance Time by Parent:

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