Common use of Class Settlement Website Clause in Contracts

Class Settlement Website. The Settlement Administrator will create and maintain the Class Settlement Website. The Settlement Administrator will secure an appropriate URL for the Class Settlement Website that does not identify Navient, including any of Navient’s predecessors, and shall be subject to the approval of Class Counsel and Navient’s counsel (which shall not be unreasonably withheld). The Class Settlement Website will post important settlement documents such as the Complaint, the Agreement, the Short-Form Notice, the Long-Form Notice as described in Paragraphs VI.A.2 and VI.A.4 (in both English and Spanish), and the Preliminary Approval Order. In addition, the Class Settlement Website will include a description of the Business Practice Enhancements, a section for frequently asked questions, and procedural information regarding the status of the Court-approval process, such as an announcement when the Final Approval Hearing is scheduled, when the Final Approval Order and Final Judgment has been entered, and when the Effective Date is expected or has been reached. The Class Settlement Website may be terminated within sixty (60) days after either (i) the Effective Date or (ii) the date on which the Agreement is terminated, whichever is sooner.