Termination of Settlements. If the Settlement Agreements, or any of them, terminate in accordance with their terms, Class Counsel and the Universities shall jointly notify the Second Tranche 568 Custodian/Escrow Agent of the termination of those Settlement Agreement(s). Upon such notification, the balance of the Settlement Fund proportionately attributable to the terminated settlements, together with any interest earned thereon, shall be returned to the Settling Universities (whose settlements terminated) in accordance Paragraph 7(c) or Paragraph 17 of the parties’ Settlement Agreement(s), whichever is applicable, and in accordance with instruction from the relevant Settling Universities’ Counsel.
Appears in 5 contracts
Samples: Settlement Agreement, Escrow Agreement, Escrow Agreement
