Common use of Settlement Administration Process Clause in Contracts

Settlement Administration Process. Once a Settlement Administrator is reasonably agreed to by the Parties and after the settlement is preliminarily approved by the Court, the Settlement Administrator will provide notice in a manner reasonably agreed upon by the Parties. After the Court enters an order approving the final Settlement Agreement, the Settlement Administrator shall provide the requested relief to all Settlement Class Members that made a valid and timely claim, subject to the individual caps on settlement class payout set forth in Paragraph 53 above.

Appears in 2 contracts

Sources: Settlement Agreement, Settlement Agreement

Settlement Administration Process. Once a Settlement Administrator is reasonably mutually agreed to by the Parties and after the settlement Settlement is preliminarily approved by the Court, the Settlement Administrator will provide notice in a manner reasonably agreed upon to each Settlement Class Member by the Parties. After the Court enters an order approving the final Settlement Agreement, the Settlement Administrator shall provide the requested relief to all Settlement Class Members that made a valid and timely claim, subject to the individual caps on settlement class payout means set forth in Paragraph 53 above.54 hereof (1) notifying the Settlement Class Member of the Settlement and its terms; (2) providing the Settlement Class Member with the URL of the settlement website, and

Appears in 1 contract

Sources: Settlement Agreement