Termination of Settlement definition

Termination of Settlement means the settlement of the Pending Litigation on the terms and subject to the conditions set forth in the Memorandum of Understanding is revoked or terminated by any party, or any party to the Memorandum of Understanding indicates in writing that it does not intend to settle the Pending Litigation in accordance with the terms of the Memorandum of Understanding.
Sample 1

Examples of Termination of Settlement in a sentence

  • Georgia, Notice of Termination of Settlement Agreement and Joint Request to Close, Feb.

  • The organisation was created under the Euratom Treaty by the above mentioned Decision of the Council of the European Union in order to meet three objectives: • F4E is responsible for providing Europe’s contribution to ITER and the world’s largest scientific partnership that aims to demonstrate fusion as a viable and sustainable source of energy.

  • Termination of Settlement 2.9 In the event that the Settlement Agreement is not approved or is terminated, canceled, or fails to become effective for any reason, the Settlement Fund less Notice and Administration Expenses or Taxes or Tax Expenses paid, incurred, or due and owing pursuant to¶¶ 2.7 and 2.8 hereof in connection with the Settlement provided for herein, shall be refunded pursuant to written instructions from the Pfizer Defendants’ Counsel.

  • Termination of Settlement Agreement Termination of this Settlement Agreement may occur under the following circumstances: (a) the withdrawal of SCE&G from this Settlement; Agreement (b) expiration of the New License term; (c) the termination or surrendering of the New License by SCE&G pursuant to the requirements of the FPA.

  • Termination of Settlement Use) 1 The Settlement Use shall terminate when JSCC considers that the settlement of Contracts for Clearing to which the Settlement Use relates has been completed.

  • Pending final determination of whether the Settlement should be approved, all discovery and all proceedings in the Litigation unrelated to the approval of the Settlement, the motion for attorneys’ fees and expenses, and the motion for payments to Class Representatives are stayed.2. Termination of Settlement.

  • Termination of Settlement 2.9 In the event that the Settlement Agreement is not approved or is terminated, canceled, or fails to become effective for any reason, the Settlement Fund less Notice and Administration Expenses or Taxes or Tax Expenses paid, incurred, or due and owing pursuant to¶¶ 2.7 and 2.8 hereof in connection with the Settlement provided for herein, shall be refunded pursuant to written instructions from the Mylan Defendants' Counsel.2.10.

  • Termination of Settlement 2.8 In the event that the Stipulation is not approved, or is terminated, canceled, or fails to become effective for any reason, the Settlement Fund (including accrued interest) and the amount remaining in the Class Notice and Administration Fund (including accrued interest, if any) less expenses actually incurred or due and owing in connection with the settlement provided for herein, shall be refunded to the Insurer as described in P.

  • On 21 May 2020, Selected and Lo-Presti served on Bondi Road a document called “Notice of Termination of Settlement Agreement of 10 March 2020” in which they purported to terminate the Settlement Agreement.

  • Case 1:08-cv-00042-JG-VVP Document 1098-1 Filed 08/13/14 Page 26 of 41 PageID #: 15589neither Plaintiffs nor their counsel shall have any responsibility for the costs of Class Notice nor to pay or reimburse Settling Defendants for any sums expended for the costs of Class Notice or otherwise expended in accordance with Court orders.c. Termination of Settlement.

Related to Termination of Settlement

  • Termination of Services means Participant’s Termination of Consultancy, Termination of Directorship or Termination of Employment, as applicable.

  • Termination of Service means:

  • Cash Settlement shall have the meaning specified in Section 14.02(a).

  • Share Termination Settled in relation to the Transaction means that the Share Termination Alternative is applicable to the Transaction.

  • Exercise Termination Event (i) the Effective Time (as defined in the Merger Agreement) of the Merger; (ii) termination of the Merger Agreement in accordance with the provisions thereof if such termination occurs prior to the occurrence of an Initial Triggering Event, except a termination by Grantee pursuant to Section 8.1(d) of the Merger Agreement (unless the breach by Issuer giving rise to such right of termination is non-volitional); or (iii) the passage of 12 months after termination of the Merger Agreement if such termination follows the occurrence of an Initial Triggering Event or is a termination by Grantee pursuant to Section 8.1(d) of the Merger Agreement (unless the breach by Issuer giving rise to such right of termination is non-volitional) (provided that if an Initial Triggering Event continues or occurs beyond such termination and prior to the passage of such 12-month period, the Exercise Termination Event shall be 12 months from the expiration of the Last Triggering Event but in no event more than 18 months after such termination). The "Last Triggering Event" shall mean the last Initial Triggering Event to expire. The term "Holder" shall mean the holder or holders of the Option.

  • Early Settlement has the meaning specified in Section 5.9(a).

  • ASX Settlement means ASX Settlement Pty Ltd (ABN 49 008 504 532);

  • Notice of Settlement means the form attached hereto as Exhibit A.

  • Book-Entry Termination The occurrence of any of the following events: (i) the Clearing Agency is no longer willing or able to properly discharge its responsibilities with respect to the Book Entry Certificates, and the Depositor is unable to locate a qualified successor; or (ii) the Depositor at its option advises the Trustee and the Certificate Registrar in writing that it elects to terminate the book-entry system through the Clearing Agency.

  • Share Settlement means a number of shares of Class A Common Stock equal to the number of Redeemed Units.

  • Early Opt-in Election means the occurrence of:

  • Termination With Cause means the termination of the Executive’s employment by act of the Board for any of the following reasons:

  • Early Termination means the Termination of Employment before Normal Retirement Age for reasons other than death, Disability, Termination for Cause or following a Change of Control.

  • Early Termination Effective Date is defined in Section 4.2 of this Agreement.

  • Effective Date of Settlement means: the date on which all of the conditions to settlement set forth in § 2 of this Settlement Agreement have been fully satisfied or waived and the Settlement shall have become Final.

  • Early Termination Event has the meaning specified in Section 9.2.

  • Mandatory Settlement Date means the earliest of:

  • Final Settlement means permanent settlement of the Contractor’s actual allowable costs or expenditures as determined at the time of audit, which shall be completed within three years of the date the year-end cost settlement report was accepted for interim settlement by the State. If the audit is not completed within three years, the interim settlement shall be considered as the final settlement.

  • Termination for Just Cause means termination because of Executive’s personal dishonesty, incompetence, willful misconduct, breach of fiduciary duty involving personal profit, intentional failure to perform stated duties, willful violation of any law, rule or regulation (other than traffic violations or similar offenses) or final cease-and-desist order, or material breach of any provision of this Agreement.

  • Termination due to Disability means a termination of the Executive’s employment by the Company because the Executive has been incapable, after reasonable accommodation, of substantially fulfilling the positions, duties, responsibilities and obligations set forth in this Agreement because of physical, mental or emotional incapacity resulting from injury, sickness or disease for a period of (A) six (6) consecutive months or (B) an aggregate of nine (9) months (whether or not consecutive) in any twelve (12) month period. Any question as to the existence, extent or potentiality of the Executive’s disability shall be determined by a qualified physician selected by the Company with the consent of the Executive, which consent shall not be unreasonably withheld. The Executive or the Executive’s legal representatives or any adult member of the Executive’s immediate family shall have the right to present to such physician such information and arguments as to the Executive’s disability as he, she or they deem appropriate, including the opinion of the Executive’s personal physician.

  • Mandatory Termination Date means the "Termination Date" set forth under "Investment Summary--Essential Information" in the Prospectus for the Trust.

  • Optional Termination The termination of the trust created hereunder in connection with the purchase of the Mortgage Loans pursuant to Section 9.01(a) hereof.

  • Termination Time means the time at which the right to exercise Rights shall terminate pursuant to Section 5.1 hereof.

  • Early Termination Date means the date determined in accordance with Section 6(a) or 6(b)(iv).

  • Termination Without Cause means termination by the Company other than due to the Executive’s death or disability or Termination With Cause.