Common use of Termination if Large Number of Opt–Outs Clause in Contracts

Termination if Large Number of Opt–Outs. If, at the conclusion of the Opt-Out Deadline, more than 7,500 persons have opted-out of the Settlement, the Defendants shall have, in their sole and absolute discretion, the option to terminate this Agreement within ten (10) calendar days after the Opt-Out Deadline.

Appears in 2 contracts

Samples: Settlement Agreement and Release, www.midlandtcpasettlement.com

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Termination if Large Number of Opt–Outs. If, at the conclusion of the Opt-Out Deadline, more than 7,500 persons 500 Class Members have opted-out of the Settlement, the Defendants Citizens shall have, in their sole and absolute discretion, the option to terminate this Agreement within ten (10) calendar days after the Opt-Out Deadline.

Appears in 1 contract

Samples: Class Action Settlement Agreement and Release

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Termination if Large Number of Opt–Outs. If, at the conclusion of the Opt-Out Deadline, more than 7,500 persons 2,000 Settlement Class Members have opted-out of the Settlement, the Defendants Defendant shall have, in their its sole and absolute discretion, the option to terminate this Agreement within ten (10) calendar days after the Opt-Out Deadline.

Appears in 1 contract

Samples: Settlement Agreement and Release

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