Common use of Balance Remaining in Net Settlement Fund Clause in Contracts

Balance Remaining in Net Settlement Fund. If there is any balance remaining in the Net Settlement Fund (whether by reason of tax refunds, uncashed checks or otherwise), Exchange-Based Plaintiffs’ Counsel shall submit an additional distribution plan to the Court for approval.

Appears in 1 contract

Samples: Settlement Agreement

AutoNDA by SimpleDocs

Balance Remaining in Net Settlement Fund. If there is any balance remaining in the Net Settlement Fund (whether by reason of tax refunds, uncashed checks or otherwise), Exchange-Based Plaintiffs’ Class Counsel may reallocate such balance among Authorized Claimants in an equitable and economic fashion, distribute remaining funds through cy pres, or allow the money to escheat to federal or state governments, subject to Court approval. Except as provided in ¶ 35, in no event shall submit an additional distribution plan the Net Settlement Fund revert to the Court for approvalDefendant.

Appears in 1 contract

Samples: Settlement Agreement (Momenta Pharmaceuticals Inc)

Balance Remaining in Net Settlement Fund. If there is any balance remaining in the Net Settlement Fund (whether by reason of tax refunds, uncashed checks or otherwise), Exchange-Based Plaintiffs’ Class Counsel may reallocate such balance among Authorized Claimants in an equitable and economic fashion, distribute the remaining funds through cy pres, or allow the money to escheat to federal or state governments, subject to Court approval. In no event shall submit an additional distribution plan the Net Settlement Fund revert to the Court for approvalTaitsu.

Appears in 1 contract

Samples: Settlement Agreement

Balance Remaining in Net Settlement Fund. If there is any balance remaining in the Net Settlement Fund (whether by reason of tax refunds, uncashed checks checks, or otherwise), Exchange-Based Plaintiffs’ Class Counsel shall submit an additional distribution plan to distribute such balance consistent with the Court for approval.Distribution Plan set forth in Exhibit A.

Appears in 1 contract

Samples: Settlement Agreement

Balance Remaining in Net Settlement Fund. If there is any balance remaining in the Net Settlement Fund (whether by reason of tax refunds, uncashed checks or otherwise), Exchange-Based Plaintiffs’ Class Counsel shall submit may reallocate such balance among Authorized Claimants in an additional distribution plan equitable and economic fashion, distribute remaining funds through cy pres, or allow the money to the Court for approval.escheat to

Appears in 1 contract

Samples: Settlement Agreement

AutoNDA by SimpleDocs

Balance Remaining in Net Settlement Fund. If after the Distribution Plan is executed there is any balance remaining in the Net Settlement Fund (whether by reason of tax refunds, uncashed checks or otherwise), Exchange-Based Plaintiffs’ Class Counsel shall submit may reallocate such a balance among Authorized Claimants in an additional distribution plan to equitable and economic fashion, distribute the Court for approval.remaining funds through cy pres, or

Appears in 1 contract

Samples: Settlement Agreement (Kemet Corp)

Balance Remaining in Net Settlement Fund. If there is any balance remaining in the Net Settlement Fund (whether by reason of tax refunds, uncashed checks or otherwise), Exchange-Based Plaintiffs’ Class Counsel may reallocate such balance among Authorized Claimants in an equitable and economic fashion, distribute the remaining funds through cy pres, or allow the money to escheat to federal or state governments, subject to Court approval. In no event shall submit an additional distribution plan the Net Settlement Fund revert to the Court for approvalShinyei.

Appears in 1 contract

Samples: Settlement Agreement

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!