Authority For Settlement Sample Clauses

Authority For Settlement. Each Party warrants and represents that such Party is fully entitled and duly authorized to enter into and deliver this Agreement. In particular, and without limiting the generality of the foregoing, each Party warrants and represents that it is fully entitled to enter into the covenants, and undertake the obligations set forth herein.
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Authority For Settlement. Advance America covenants that it possesses all 19 necessary capacity and authority to sign and enter into this Settlement Agreement and Desist and 20 Refrain Order. Advance America warrants and represents that it is fully entitled and duly 22 authorized to enter into and deliver this Settlement Agreement and Desist and Refrain Order. In 23 particular, and without limiting the generality of the foregoing, Advance America warrants and 24 represents that it is entitled to enter into the covenants, and undertake the obligations set forth 25 herein.
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Authority For Settlement. Allied Cash covenants that it possesses all necessary 9 capacity and authority to sign and enter into this Settlement Agreement. Allied Cash warrants 10 and represents that it is fully entitled and duly authorized to enter into and deliver this Settlement 11 Agreement. In particular, and without limiting the generality of the foregoing, Allied Cash 12 warrants and represents that it is entitled to enter into the covenants, and undertake the obligations 13 set forth herein.
Sample 1
Authority For Settlement. Check ‘N Go covenants that it possesses all necessary capacity State of California - Department of Corporations 9 and authority to sign and enter into this Settlement Agreement and Desist and Refrain Order. Check 10 ‘N Go warrants and represents that it is fully entitled and duly authorized to enter into and deliver this 11 Settlement Agreement and Desist and Refrain Order. In particular, and without limiting the 12 generality of the foregoing, Check ‘N Go warrants and represents that it is entitled to enter into the 13 covenants, and undertake the obligations set forth herein.
Sample 1
Authority For Settlement. ACE Cash covenants that it possesses all necessary capacity 5 and authority to sign and enter into this Settlement Agreement and Desist and Refrain Order. ACE 6 Cash warrants and represents that it is fully entitled and duly authorized to enter into and deliver this 7 Settlement Agreement and Desist and Refrain Order. In particular, and without limiting the 8 generality of the foregoing, ACE Cash warrants and represents that it is entitled to enter into the State of California - Department of Corporations 9 covenants, and undertake the obligations set forth herein.
Sample 1
Authority For Settlement. Each party warrants and represents that such party is 26 fully entitled and duly authorized to enter into and deliver this Agreement. In particular, and 27 without limiting the generality of the foregoing, each party warrants and represents that it is 28 fully entitled to enter into the covenants, and undertake the obligations set forth herein.
Sample 1

Related to Authority For Settlement

  • Authority to Enter Into Settlement Agreement 5.1 CAG represents that its signatory to this Settlement Agreement has full authority to enter into and legally bind CAG to this Settlement Agreement.

  • Settlement and Recovery of Funding for Prior Years (a) The HSP acknowledges that settlement and recovery of Funding can occur up to 7 years after the provision of Funding.

  • On Reconciliation and Settlement If the year-end reconciliation and settlement process demonstrates that the HSP received Funding in excess of its confirmed funds, the LHIN will require the repayment of the excess Funding.

  • The Settlement The Settlement was reached on May 11, 2018. Class Counsel filed this action on May 10, 2018. Over two years prior to the filing of this action, Class Counsel and Defendant’s Counsel conducted an adversarial informal discovery process. Class Counsel reviewed and analyzed thousands of pages of documents provided by Defendant and also reviewed many other documents, including U.S. Department of Labor Forms 5500 and other publicly available documents. The Parties participated in mediation before a nationally recognized mediator who has extensive experience in resolving similar claims involving other 401(k) plans. Only after six months of extensive arm’s length negotiation following the mediation were the parties able to agree to the terms of the Settlement. As part of the Settlement, a Qualified Settlement Fund of $17,000,000 will be established to resolve the Class Action. The Net Settlement Amount is $17,000,000 minus any Administrative Expenses, taxes, tax expenses, Court-approved Attorneys’ Fees and Costs, Class Representatives’ Compensation, and other approved expenses of the litigation. The Net Settlement Amount will be allocated to Class Members according to a Plan of Allocation to be approved by the Court. In addition to the monetary component of the Settlement, the Parties to the Settlement have agreed to certain additional terms: (1) During the first eighteen months (18) following the final approval of the Settlement, Defendant has agreed that the Plan’s fiduciaries will conduct a Request for Proposal (“RFP”) process for recordkeeping services to the Plan; (2) Within the first year following final approval of the Settlement, Defendant has agreed to publish a communication to then current Plan participants explaining the risks and benefits of the Plan’s money market fund investment option; (3) Defendant also will use an independent consultant familiar with fixed income investment options in defined contribution plans who will review the investment lineup and make recommendations to the Plan’s fiduciaries regarding whether to retain the money market fund and whether to add a stable value or comparable fund; (4) In addition, during the three- year Settlement period, Defendant has agreed to provide Class Counsel a list of the Plan’s investment options and fees; and (5) In considering investment options for the Plan, Defendant has agreed that the Plan’s fiduciaries will consider: (a) the lowest-cost share class available for any particular mutual fund considered for inclusion in the Plan as well as other criteria applicable to different share classes; (b) the availability of revenue sharing rebates on any share class available for any particular mutual fund considered for inclusion in the Plan; and (c) the availability of collective trusts, to the extent such investments are permissible and are otherwise identical to a particular mutual fund considered for inclusion in the Plan.

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