Common use of Cy Pres Clause in Contracts

Cy Pres. It is the Parties’ intent to distribute the entirety of the Settlement Fund to Settlement Class Members pursuant to Sections 3.8 (a)-(c). If, after distributing the funds from the Settlement Fund in accordance with Sections 3.8 (a)-(c), including the payment of notice and administration costs, any cash remains in the Settlement Fund from uncashed checks, the remaining funds will be distributed to the Center for Science and the Public Interest (“CSPI”) as a

Appears in 2 contracts

Sources: Settlement Agreement, Settlement Agreement