No Responsibility for Administration or Fees Clause Samples
No Responsibility for Administration or Fees. (1) Except as otherwise provided for in this Settlement Agreement, the Settling Defendants shall not have any responsibility, financial obligations or liability whatsoever with respect to the administration of the Settlement Agreement or the investment, distribution or administration of monies in the Trust Account including, but not limited to Administration Expenses.
No Responsibility for Administration or Fees. (1) The Settling Defendants shall not have any responsibility, financial obligations or liability whatsoever with respect to the investment, distribution or administration of monies in the Trust Account including, but not limited to, Administration Expenses and Class Counsel Fees.
No Responsibility for Administration or Fees. (1) The Settling Defendant shall not have any responsibility, financial obligations or liability whatsoever with respect to the investment, distribution or administration of monies in the Trust Account including, but not limited to, Administration Expenses and Class Counsel Fees.
No Responsibility for Administration or Fees.
(1) Subject to Section 6.3, the Releasees shall not have any responsibility, financial obligations or liability whatsoever with respect to:
(a) the investment, distribution or administration of monies in the Trust Account including, but not limited to, Administration Expenses, Class Counsel Disbursements and Class Counsel Fees; or
(b) the administration of the Distribution Protocol.
No Responsibility for Administration or Fees.
(1) After the Effective Date, the Settling Defendants shall not have any responsibility, financial obligations or liability whatsoever with respect to the investment, distribution or administration of monies in the Trust Account.
No Responsibility for Administration or Fees. (1) Hershey Canada shall not have any responsibility, financial obligations or liability whatsoever with respect to the investment, distribution or administration of monies in the Trust Account including, but not limited to, Administration Expenses and Class Counsel Fees.
No Responsibility for Administration or Fees. (1) Class Counsel shall bear all risks related to the investment of the monies in the Trust Account. The Settling Defendants shall not have any responsibility, financial obligations or liability whatsoever with respect to the investment, distribution or administration of monies in the Trust Account including, but not limited to, Administration Expenses and Class Counsel Fees and any responsibility, financial obligation or liability as a result of any decrease or depreciation of the value of the Trust Account, howsoever caused, including but not limited to, a decrease or depreciation in the value of any investments purchased and/or held in the Trust Account.
(2) All funds held by Class Counsel shall be considered to be in custodia legis of the Courts and shall remain subject to the jurisdiction of the Courts until such time as such funds have been distributed pursuant to this Settlement Agreement and/or further order of the Courts.
(3) Class Counsel hereby indemnifies, defends, and holds harmless the Settling Defendants and their respective directors, officers and employees from and against any harm or injury suffered by reason of the use, misuse, erroneous disbursement, or other action taken or failure to act by Class Counsel with the Settlement Amount or monies in the Trust Account not strictly in accordance with the provisions of this Settlement Agreement or any implementing order of the Courts.
No Responsibility for Administration or Fees.
(1) Without limiting the Settling Defendants’ obligations under the Settlement Agreement to pay the Settlement Payment and provide the cooperation required herein, the Settling Defendants shall not have any responsibility, financial obligations or liability whatsoever with respect to the investment, distribution or administration of the Settlement Payment including, but not limited to, Administration Expenses, Funder Entitlements and Class Counsel Fees and Disbursements, except in the event of the termination of the Settlement Agreement as provided in section 15.
(2) Without limiting the Settling Defendants’ obligations under the Settlement Agreement to pay the Settlement Payment and provide the cooperation required herein, the Settling Defendants shall have no responsibility, financial obligations or liability whatsoever with respect to the implementation, supervision or administration of the Settlement Agreement, and/or Distribution Protocol or the claims process required by the Distribution Protocol.
No Responsibility for Administration or Fees. The Domfoam Defendants, the Brayiannis Defendant and the Individual Settling Parties shall not have any responsibility, financial obligations or liability whatsoever with respect to the investment, distribution or administration of monies in the Trust Account including, but not limited to, Administration Expenses and Class Counsel Fees.
No Responsibility for Administration or Fees. (1) Except as otherwise provided for in this Settlement Agreement, the Settling Defendants shall not have any responsibility, financial obligations or liability whatsoever with respect to the administration of the Settlement Agreement or the investment, distribution or administration of monies in the Trust Account including, but not limited to Administration Expenses.
13.1 Responsibility for Fees, Disbursements and Taxes
(1) The Settling Defendants shall not be liable for any Class Counsel Fees, Class Counsel Disbursements, or taxes of any of the lawyers, experts, advisors, agents, or representatives retained by Class Counsel, the Plaintiffs or the Settlement Class Members, or any lien of any Person on any payment to any Settlement Class Member from the Settlement Amount.