Common use of Approval of Settlement Clause in Contracts

Approval of Settlement. 15. The Court has reviewed the terms of the Settlement Agreement and all objections and comments thereto and finds that the Settlement is fair, reasonable, and adequate under the circumstances of this case and in the best interests of the Settlement Class. Accordingly, the Settlement Agreement is approved. In evaluating the proposed settlement, the Court considered a variety of factors and makes the following findings:  The named Plaintiff is an adequate representative of the Settlement Class, and treatment of this action as a class action for settlement purposes, with the Settlement Class as defined above, is appropriate, proper and satisfies the criteria set forth in Fed. R. Civ. P. 23(e);  The Notices provided were the best practicable under the circumstances and satisfied Fed. R. Civ. P. 23(c) and the requirements of due process;  More than adequate discovery has been conducted in this case for the purpose of determining the reasonableness of the Settlement;  The terms of the Settlement provide substantial and direct benefits to the Settlement Class;  Class Counsel, including Xxxxx X. Xxxxxxx and Xxxxx X. Xxxxxxxx, are experienced trial practitioners with substantial experience in class action litigation and recommended approval of the Settlement Agreement;  The future expense and likely duration of the litigation, and its uncertainty of outcome, supports approval of the class Settlement; and  Nothing indicates an absence of good faith or independence between Plaintiff and Defendants regarding the Settlement Agreement.

Approval of Settlement. 15. The Court has reviewed the terms of the Settlement Agreement and all objections and comments thereto and finds that the Settlement is fair, reasonable, and adequate under the circumstances of this case and in the best interests of the Settlement Class. Accordingly, the Settlement Agreement is approved. In evaluating the proposed settlement, the Court considered a variety of factors and makes the following findings:  The named Plaintiff is an adequate representative of the Settlement Class, and treatment of this action as a class action for settlement purposes, with the Settlement Class as defined above, is appropriate, proper and satisfies the criteria set forth in Fed. R. Civ. P. 23(e);  The Notices provided were the best practicable under the circumstances and satisfied Fed. R. Civ. P. 23(c) and the requirements of due process;  More than adequate discovery has been conducted in this case for the purpose of determining the reasonableness of the Settlement;  The terms of the Settlement provide substantial and direct benefits to the Settlement Class;  Class Counsel, including Xxxxx X. Xxxxxxx and Xxxxx X. Xxxxxxxx, are experienced trial practitioners with substantial experience in class action litigation and recommended approval of the Settlement Agreement;  The future expense and likely duration of the litigation, and its uncertainty of outcome, supports approval of the class Settlement; and  Nothing indicates an absence of good faith or independence between Plaintiff and Defendants regarding the Settlement Agreement.

Approval of Settlement. 15. The Court has reviewed the terms of the Settlement Agreement and all objections and comments thereto and finds that the Settlement is fair, reasonable, and adequate under the circumstances of this case and in the best interests of the Settlement Class. Accordingly, the Settlement Agreement is approved. In evaluating the proposed settlement, the Court considered a variety of factors and makes the following findings:  • The named Plaintiff is an adequate representative of the Settlement Class, and treatment of this action as a class action for settlement purposes, with the Settlement Class as defined above, is appropriate, proper and satisfies the criteria set forth in Fed. R. Civ. P. 23(e);  • The Notices provided were the best practicable under the circumstances and satisfied Fed. R. Civ. P. 23(c) and the requirements of due process;  • More than adequate discovery has been conducted in this case for the purpose of determining the reasonableness of the Settlement;  • The terms of the Settlement provide substantial and direct benefits to the Settlement Class;  • Class Counsel, including Xxxxx X. Xxxxxxx and Xxxxx X. Xxxxxxxx, are experienced trial practitioners with substantial experience in class action litigation and recommended approval of the Settlement Agreement;  • The future expense and likely duration of the litigation, and its uncertainty of outcome, supports approval of the class Settlement; and  • Nothing indicates an absence of good faith or independence between Plaintiff and Defendants regarding the Settlement Agreement.