Time Period to Exercise Walk-Away Right. Settling Defendants will have access to the Requests for Exclusion as they are served on the Notice Administrator and the Parties. Settling Defendants will have fourteen (14) Business Days after the deadline for submitting Requests for Exclusion to provide notice to Class Counsel of the exercise of the Walk-Away Right if any of the conditions in Paragraph 10.1 is satisfied. If the Settling Defendants do not collectively provide notice of exercise of the Walk-Away Right to Class Counsel in accordance with this Paragraph 10.3, the Walk-Away Right shall be waived.
Time Period to Exercise Walk-Away Right. Defendant will have access to the Requests for Exclusion as they are served on the Administrator and Parties. Within fourteen (14) business days after receiving the final Weekly Report, the Administrator shall determine whether the Required Participation Threshold has been satisfied and shall inform the Parties and their counsel of this determination. Defendant will have fourteen (14) business days after the receipt of the determination from the Administrator to provide notice to Class Counsel of the exercise of the Walk-Away Right, including the option to renegotiate the Gross Settlement Amount if the condition in Paragraph K.1. is satisfied. If the Defendant does not provide notice of exercise of the Walk-Away Right to Class Counsel in accordance with this Paragraph K.3. and in conjunction with the other timelines outlined in Paragraph K.1. and its subsections, the Walk-Away Right shall be waived.
