Common use of Determination of Validity Clause in Contracts

Determination of Validity. The Settlement Administrator shall be responsible for reviewing all claims to determine their validity. (a) Any claim that is not substantially in compliance with the instructions on the Claim Form or the terms of this Settlement Agreement or is postmarked or submitted electronically later than the Claim Deadline, shall be rejected. (b) Following the Claim Deadline, the Settlement Administrator shall provide a report of any rejected claims to Defendants’ Counsel and Settlement Class Counsel. If Settlement Class Counsel do not agree with the rejection of a claim, they shall bring it to the attention of Defendants’ Counsel, and the Parties shall meet and confer and attempt, in good faith, to resolve any dispute regarding the rejected claim. Following their meet and confer, the Parties will provide the Settlement Administrator with their positions regarding the disputed, rejected claim. The Settlement Administrator, after considering the positions of the Parties, will make the final decision in its sole discretion.

Appears in 2 contracts

Sources: Settlement Agreement, Settlement Agreement

Determination of Validity. The Settlement Administrator shall be responsible for reviewing all claims Claim Forms to determine their validitywhich claims represent Valid Claims. (a) 1. Any claim that is not substantially in compliance with the instructions on the Claim Form or the terms of this Settlement Agreement Agreement, or is postmarked or submitted electronically later than the Claim Deadline, shall be rejected. (b) 2. Following the Claim Deadline, the Settlement Administrator shall provide a report of any rejected claims to Defendants’ SRC’s Counsel and Settlement Class Counsel. If Settlement Class Counsel do not agree with the rejection of a claim, they shall bring it to the attention of Defendants’ SRC’s Counsel, and the Parties shall meet and confer and attempt, in good faith, to resolve any dispute regarding the rejected claim. Following their meet and confer, the Parties will shall provide the Settlement Administrator with their positions regarding the disputed, rejected claim. The Settlement Administrator, after considering the positions of the Parties, will make the final decision in its sole discretion.

Appears in 1 contract

Sources: Settlement Agreement

Determination of Validity. The Settlement Administrator shall be responsible for reviewing all claims to determine their validity. (a) 1. Any claim that is not substantially in compliance with the instructions on the Claim Form or the terms of this Settlement Agreement Agreement, or is postmarked or submitted electronically later than the Claim Deadline, shall be rejected. (b) 2. Following the Claim Deadline, the Settlement Administrator shall provide a report of any rejected claims to Defendants’ FoodState’s Counsel and Settlement Class Counsel. If Settlement Class Counsel do not agree with the rejection of a claim, they shall bring it to the attention of Defendants’ FoodState’s Counsel, and the Parties shall meet and confer and attempt, in good faith, to resolve any dispute regarding the rejected claim. Following their meet and confer, the Parties will provide the Settlement Administrator with their positions regarding the disputed, rejected claim. The Settlement Administrator, after considering the positions of the Parties, will make the final decision in its sole discretion.

Appears in 1 contract

Sources: Settlement Agreement