Common use of Mechanics of Administration Clause in Contracts

Mechanics of Administration. (1) Except to the extent provided for in this Settlement Agreement, the mechanics of the implementation and administration of this Settlement Agreement and the Distribution Protocol shall be determined by the Courts on motions brought by Class Counsel at a time within the discretion of Class Counsel, except that the timing of the motions to approve the Settlement Agreement shall be determined after consultation with the Settling Defendants, and subject to Section 2.3. (2) For greater certainty, the Settling Defendants shall have no liability or responsibility whatsoever in respect of the administration of the Settlement Agreement, including, without limitation, in respect of distribution to Settlement Class Members.

Appears in 2 contracts

Sources: Settlement Agreement, Settlement Agreement

Mechanics of Administration. (1) Except to the extent provided for in this Settlement Agreement, the mechanics of the implementation and administration of this Settlement Agreement and the Distribution Protocol Protocol(s) shall be determined by the Courts on motions brought by Class Counsel at a time within the discretion of Class Counsel, except that the timing of the motions to approve the Settlement Agreement shall be determined after consultation with the Settling DefendantsDefendant, and subject to Section 2.3. (2) For greater certainty, the Settling Defendants Defendant shall have no liability or responsibility whatsoever in respect of the administration of the Settlement Agreement, including, without limitation, in respect of distribution to Settlement Class Members.

Appears in 1 contract

Sources: Settlement Agreement