Common use of SETTLEMENT APPROVAL PROCEDURE Clause in Contracts

SETTLEMENT APPROVAL PROCEDURE. (a) This Settlement Agreement will become final and effective upon occurrence of all of the events required to obtain the Effective Date. The Parties and their counsel agree to use their best efforts to obtain a final court order approving this Settlement (“Final Approval Order”). (b) Promptly upon execution of this Settlement Agreement by the Parties and their respective counsel of record, the Named Plaintiffs shall submit the following to the Court for approval a Motion for Preliminary Approval of the Settlement as described in Sections III.9 of this Agreement for purposes of effectuating this Settlement. (c) The document described in subsection (b) above shall seek the following order(s) from the Court, among other orders detailed in this Agreement or agreed upon by the Parties: (1) the entry of an order by the Court granting preliminary approval of the Settlement Agreement, including conditional certification of the Class for settlement purposes only (the Parties’ proposed Order Granting Preliminary Approval is attached hereto as “Exhibit B”); (2) the entry of an order by the Court approving the proposed Notice(s), the proposed and agreed upon form(s) of which are attached hereto as Exhibit A; and (3) the entry of an order by the Court scheduling a hearing date for final approval of the Settlement Agreement. (d) After the Order Granting Preliminary Approval is Granted, the Parties will seek Final Approval of the Settlement as detailed in this Settlement. As part of this process, Class Counsel shall file, on or before the date of the final approval hearing, the documents detailed in this Settlement, including but not limited to the Claims Administrator’s verification, in writing, that the Notice to the Class has been disseminated in accordance with the Court’s Order Granting Preliminary Approval.

Appears in 1 contract

Sources: Class Action Settlement Agreement

SETTLEMENT APPROVAL PROCEDURE. (a) This Settlement Agreement will become final and effective upon occurrence of all of the events required to obtain the Effective Date. The Parties and their counsel agree to use their best efforts to obtain a final court order approving this Settlement (“Final Approval Order”). (b) Promptly upon execution of this Settlement Agreement by the Parties and their respective counsel of record, the Named Plaintiffs shall submit the following to the Court for approval a Motion for Preliminary Approval of the Settlement as described in Sections III.9 Section III(8)(b) of this Agreement for purposes of effectuating this Settlement. (c) The document described in subsection (b) above shall seek the following order(s) from the Court, among other orders detailed in this Agreement or agreed upon by the Parties: (1) the entry of an order by the Court granting preliminary approval of the Settlement Agreement, including conditional certification of the Class for settlement purposes only (the Parties’ proposed Order Granting Preliminary Approval is attached hereto as “Exhibit B”); (2) the entry of an order by the Court approving the proposed Notice(s), the proposed and agreed upon form(s) of which are attached hereto as Exhibit A; and (3) the entry of an order by the Court scheduling a hearing date for final approval of the Settlement Agreement. (d) After the Order Granting Preliminary Approval is Grantedgranted, the Parties will seek Final Approval of the Settlement as detailed in this Settlement. As part of this process, Class Counsel shall file, on or before the date of the final approval hearingFinal Approval Hearing, the documents detailed in this Settlement, including but not limited to the Claims Settlement Administrator’s verification, in writing, that the Notice to the Class has been disseminated in accordance with the Court’s Order Granting Preliminary Approval.

Appears in 1 contract

Sources: Class Action & Paga Settlement Agreement

SETTLEMENT APPROVAL PROCEDURE. (a) This Settlement Agreement will become final and effective upon occurrence of all of the events required to obtain the Effective Date. The Parties and their counsel agree to use their best efforts to obtain a final court order approving this Settlement (“Final Approval Order”). (b) Promptly upon execution of this Settlement Agreement by the Parties and their respective counsel of record, the Named Plaintiffs shall submit the following to the Court for approval a Motion for Preliminary Approval of the Settlement Settlement, as described in Sections III.9 Paragraph III.9.b of this Agreement Agreement, for purposes of effectuating this Settlement. (c) The document described in subsection (b) the preceding Paragraph above shall seek the following order(s) from the Court, among other orders detailed in this Agreement or agreed upon by the Parties: (1) the entry of an order by the Court granting preliminary approval of the Settlement Agreement, including conditional certification of the Settlement Class for settlement purposes only (the Parties’ proposed Order Granting Preliminary Approval is attached hereto as “Exhibit B”); (2) the entry of an order by the Court approving the proposed Notice(s), the proposed and agreed upon form(s) form of which are is attached hereto as Exhibit A; and (3) the entry of an order by the Court scheduling a hearing date for final approval of the Settlement Agreement. (d) After the Order Granting Preliminary Approval is Granted, the Parties will seek Final Approval of the Settlement as detailed in this Settlement. As part of this process, Class Counsel shall file, on or before the date of the final approval hearing, the documents detailed in this Settlement, including but not limited to the Claims Administrator’s verification, in writing, that the Notice to the Settlement Class has been disseminated in accordance with the Court’s Order Granting Preliminary Approval.

Appears in 1 contract

Sources: Class Action Settlement Agreement

SETTLEMENT APPROVAL PROCEDURE. (a) This Settlement Agreement will become final and effective upon occurrence of all of the events required to obtain the Effective Date. The Parties and their counsel agree to use their best efforts to obtain a final court order approving this Settlement (“Final Approval Order”). (b) Promptly upon execution of this Settlement Agreement by the Parties and their respective counsel of record, the Named Plaintiffs shall submit the following to the Court for approval approval: (1) a Motion for Preliminary Approval of the Settlement as described in Sections III.9 of this Agreement for purposes of effectuating this Settlement. ; and (c2) The document a Stipulation for the filing of the Amended Complaint for Settlement, as described in subsection (b) above Section III.7 of this Agreement. These documents shall seek the following order(s) from the Court, among other orders detailed in this Agreement or agreed upon by the Parties: (1) the entry of an order by the Court granting preliminary approval of the Settlement Agreement, including conditional certification of the Class for settlement purposes only (the Parties’ proposed Order Granting Preliminary Approval is attached hereto as “Exhibit B”); (2) the entry of an order by the Court allowing entry of the Amended Complaint for Settlement, and any necessary response by Defendant, for settlement purposes only; (3) the entry of an order by the Court approving the proposed Notice(s), Notice (the Parties’ proposed and agreed upon form(s) of which are form is attached hereto as Exhibit A”); and (34) the entry of an order by the Court scheduling a hearing date for final approval of the Settlement Agreement; and (5) the entry of an order barring and enjoining the Named Plaintiffs and all members of the Settlement Class from, instigating or participating in any lawsuit or proceeding which asserts any claims that are, or relate in any way to, the Named Plaintiffs’ or the Settlement Class Members’ Released Claims, pending final determination of whether the Settlement should be approved and unless and until they submit a timely request for exclusion pursuant to the Agreement. (dc) After the Order Granting Preliminary Approval is Granted, the Parties will seek Final Approval of the Settlement as detailed in this Settlement. As part of this process, process Class Counsel shall file, on or before the date of the final approval hearing, the documents detailed in this Settlement, including but not limited to the Claims Administrator’s verification, in writing, that the Notice to the Class has been disseminated in accordance with the Court’s Order Granting Preliminary Approval.

Appears in 1 contract

Sources: Class Action Settlement Agreement