Common use of Acknowledgement that the Settlement is Fair and Reasonable Clause in Contracts

Acknowledgement that the Settlement is Fair and Reasonable. The Parties believe this Settlement Agreement is a fair, adequate, and reasonable settlement of the Action and have arrived at this Settlement after arm’s-length negotiations and in the context of adversarial litigation, taking into account all relevant factors, present and potential. The Parties further acknowledge that they are each represented by competent counsel and that they have had an opportunity to consult with their counsel regarding the fairness and reasonableness of this Settlement.

Appears in 1 contract

Samples: Settlement Agreement

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Acknowledgement that the Settlement is Fair and Reasonable. The Parties believe this the Settlement Agreement is a fair, adequate, and reasonable settlement of the Action and have arrived at this the Settlement after arm’s-length negotiations and in the context of adversarial litigation, taking into account all relevant factors, present and potential. The Parties further acknowledge that they are each represented by competent counsel and that they have had an opportunity to consult with their counsel regarding the fairness and reasonableness of this the Settlement.

Appears in 1 contract

Samples: Stipulation of Settlement

Acknowledgement that the Settlement is Fair and Reasonable. The Parties believe this Settlement Agreement is a fair, adequate, adequate and reasonable settlement of the Action Action, and have arrived at this Settlement after arm’s-length negotiations and in the context of adversarial litigation, taking into account all relevant factors, present and potentialby experienced counsel. The Parties further acknowledge that they are each represented by competent counsel and that they have had an opportunity to consult with their counsel regarding the fairness and reasonableness of this Settlement.

Appears in 1 contract

Samples: Revised Settlement Agreement

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Acknowledgement that the Settlement is Fair and Reasonable. The Parties believe this Settlement Agreement is a fair, adequate, and reasonable settlement of the Action and have arrived at this Settlement after arm’s-length -length negotiations and in the context of adversarial litigation, taking into account all relevant factors, present and potential. The Parties further acknowledge that they are each represented by competent counsel and that they have had an opportunity to consult with their counsel regarding the fairness and reasonableness of this Settlement.

Appears in 1 contract

Samples: Joint Stipulation of Class Action and Paga Settlement

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