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Common use of Appointment of the Administrator Clause in Contracts

Appointment of the Administrator. (1) By order of the Court, the Administrator will be appointed to serve until such time as the Escrow Settlement Funds are distributed in accordance with this Agreement and/or the Distribution Protocol, on the terms and conditions and with the powers, rights, duties and responsibilities set out in this Agreement and/or in the Distribution Protocol.

Appears in 5 contracts

Samples: Class Action Settlement Agreement, Class Action Settlement Agreement, Class Action Settlement Agreement

Appointment of the Administrator. (1) By order of the Court, the Administrator will be appointed to serve until such time as the Escrow Settlement Funds are distributed in accordance with this Agreement and/or and the Distribution Protocol, on the terms and conditions and with the powers, rights, duties and responsibilities set out in this Agreement and/or and in the Distribution Protocol.

Appears in 3 contracts

Samples: Settlement Agreement, Settlement Agreement, Settlement Agreement

Appointment of the Administrator. (1) By order of the Court, the Administrator will be appointed to serve until such time as the Escrow Settlement Funds are Trust Amount is distributed in accordance with the Distribution Protocol, to implement this Settlement Agreement and/or and the Distribution Protocol, on the terms and conditions and with the powers, rights, duties and responsibilities set out in this Settlement Agreement and/or and in the Distribution Protocol.

Appears in 2 contracts

Samples: Settlement Agreement, Settlement Agreement

Appointment of the Administrator. (1) By order of the Court, the Administrator will be appointed to serve until such time as the Escrow Settlement Funds are distributed in accordance with the Distribution Protocol, to implement this Agreement and/or and the Distribution Protocol, on the terms and conditions and with the powers, rights, duties and responsibilities set out in this Agreement and/or and in the Distribution Protocol.

Appears in 2 contracts

Samples: Securities Litigation Settlement Agreement, Securities Litigation Settlement Agreement

Appointment of the Administrator. (1) By order of the Court, The Court will appoint the Administrator will be appointed to serve until such time as the Escrow Settlement Funds are Fund is distributed in full in accordance with the Plan of Allocation, to implement this Agreement and/or and the Distribution ProtocolPlan of Allocation, on the terms and conditions and with the powers, rights, duties and responsibilities set out in this Agreement and/or and in the Distribution ProtocolPlan of Allocation. (2) If the approval of the Settlement becomes final as contemplated by Section 12, the Court will fix the Administrator’s compensation and payment schedule.

Appears in 1 contract

Samples: Settlement Agreement

Appointment of the Administrator. (1) By order of the Court, the Administrator will be appointed to serve until such time as the Escrow Settlement Funds are Fund is distributed in accordance with the Distribution Protocol, to implement this Agreement and/or and the Distribution Protocol, on the terms and conditions and with the powers, rights, duties and responsibilities set out in this Agreement and/or and in the Distribution Protocol.

Appears in 1 contract

Samples: Settlement Agreement