Common use of Final Approval Order and Final Judgment Clause in Contracts

Final Approval Order and Final Judgment. a. The Class Representative and Class Counsel agree that they will request the Court to enter, after the hearing on final approval of the Agreement, a Final Approval Order certifying the Settlement Class and finding that the Agreement is fair, reasonable, and adequate and in the best interest of the Settlement Class and ordering the Parties to carry out the Agreement. b. The Class Representative and Class Counsel agree that they will request the Court to enter a Final Judgment dismissing all claims and motions of SMCU and the Settlement Class on the merits and with prejudice, declare the Settlement Class Members are bound by the Releases in Paragraph 5, and note the Court’s decision to reserve continuing jurisdiction over the enforcement of the Agreement and the administrator and distribution of the Settlement Funds. c. The Settlement Administrator, with the assistance of Class Counsel, shall file a final accounting with the Court within 300 days after the Effective Date. This final accounting shall contain a summary of all the distributions of the Cash Fund. Upon receipt of the final accounting, the Court, if satisfied with such report, shall file a Notice of Acceptance of Final Accounting indicating the Court’s approval. If the Court requires clarification or additional information, the Parties shall furnish such information within 10 business days after such request.

Appears in 1 contract

Sources: Class Action Settlement Agreement

Final Approval Order and Final Judgment. a. The Class Representative and Class Counsel Parties agree that they will request the Court to enter, after the hearing on final approval of the Agreement, a Final Approval Order certifying the Settlement Class and finding that the Agreement is fair, reasonable, and adequate and in the best interest of the Settlement Class and ordering the Parties to carry out the Agreement. b. The Class Representative and Class Counsel Parties agree that they will request the Court to enter a Final Judgment dismissing all claims and motions of SMCU Alltru and the Settlement Class on the merits and with prejudiceprejudice as to the Parties and Releasors, declare declaring that the Settlement Class Members are bound by the Releases in Paragraph 56, and note noting the Court’s decision to reserve continuing jurisdiction over the enforcement of the Agreement and the administrator administration of the Settlement and distribution of the Settlement Funds. c. The Settlement Administrator, with the assistance of Class Counsel, shall file a final accounting with the Court within 300 days after the Effective Date. This final accounting shall contain a summary of all the distributions of the Cash Fund. Upon receipt of the final accounting, the Court, if satisfied with such report, shall file a Notice of Acceptance of Final Accounting indicating the Court’s approval. If the Court requires clarification or additional information, the Parties Class Counsel shall furnish such information within 10 business days after such request.

Appears in 1 contract

Sources: Class Action Settlement Agreement