Class Counsel and Defendants Clause Samples
The "Class Counsel and Defendants" clause defines the roles and responsibilities of the attorneys representing the class members (Class Counsel) and the parties being sued (Defendants) in a class action lawsuit. This clause typically outlines who the designated legal representatives are for each side, clarifies their authority to act on behalf of their clients, and may specify how communications or negotiations should be conducted between them. Its core practical function is to ensure that all parties understand who is authorized to make decisions and represent interests in the litigation, thereby promoting efficient case management and reducing confusion or disputes over representation.
Class Counsel and Defendants counsel shall request that the Court hold a Final Approval Hearing after notice is completed and at least 35 days after the Opt Out Deadline and grant Final Approval of the settlement set forth herein.
Class Counsel and Defendants. Counsel shall within ten (10) business days after the date of termination of the Agreement jointly notify the Financial Institution in writing to return to the Company, or its designee, the full amount contained in the Settlement Fund, with all interest and income earned thereon, after deduction of any amounts earlier disbursed and/or incurred by the Settlement Fund as of the termination, and direct the Financial Institution to effect such return within fourteen (14) calendar days after such notification. Prior to the return of amounts contemplated by this Section 9.5(b), the Financial Institution shall fully and finally fulfill and set aside for any and all tax obligations of the Settlement Fund as set forth in Section 4.1(i) and the Company shall have no past, present, or future liability whatsoever for any such tax obligations.
Class Counsel and Defendants. Counsel shall, within ten (10) days after the date of termination of the Agreement, jointly notify the Financial Institution (either directly or through the Settlement Administrator) in writing to return to the Defendants the full amount contained in the Settlement Fund, with all net income earned thereon, after deduction of any amounts earlier disbursed for purposes of administering the Settlement and/or incurred by the Settlement Fund as of the termination, and direct the Financial Institution to effect such return within fourteen
Class Counsel and Defendants. Counsel will jointly prepare the bilingual Notice of Approval Hearing and the Notice of Settlement Approval, substantially in the form attached in Schedule B, Schedule F, and Schedule F.1 as well as a plan for dissemination of the notices as set out in Schedule G.
Class Counsel and Defendants. Counsel, subject to ethical obligations owed their respective clients, agree to cooperate and use reasonable efforts to respond to reasonable inquiries relating to the approval of this Settlement Agreement from the United States Department of Justice or any state attorney general. Class Counsel and Defendants’ Counsel agree that they shall notify each other if they receive any such inquiries and will provide a copy of the inquiry and their response to each other.
Class Counsel and Defendants counsel shall request that after notice is completed, the Court hold a hearing (the “Final Fairness Hearing”) and grant final approval of the settlement set forth herein.
Class Counsel and Defendants. Counsel shall within thirty (30) days after the date of termination of the Settlement return to the Settling Defendants the amount contributed by them to the Settlement Fund, with all net income earned thereon, less taxes paid, if any, pursuant to Section 7.1.1.
Class Counsel and Defendants. Counsel shall have the right to respond to any objection no later than seven (7) calendar days prior to the Final Approval Hearing. The Party so responding shall file a copy of the response with the Court, and shall serve a copy, by regular mail, hand, or overnight delivery, to the objecting Class Member or to the individually hired attorney for the objecting Class Member, to Class Counsel, and to Defendants’ Counsel.
Class Counsel and Defendants. Counsel shall, within ten (10) days after the date of termination of the Agreement, jointly notify the Escrow Agent (either directly or through the Settlement Administrator) in writing to return to Defendants or their insurers the full amount contained in the Settlement Fund, with all net income earned thereon, after deduction of any amounts earlier disbursed for purposes of administering the Settlement and/or incurred by the Settlement Fund as of the termination, and direct the Escrow Agent to effect such return within fourteen (14) days after such notification. Prior to the return of amounts contemplated by this Section 8.3(b), the Escrow Agent shall fully and finally fulfill and set aside for any and all tax obligations of the Settlement Fund as set forth in Section 3.1(i) and Defendants and their insurers shall have no past, present, or future liability whatsoever for any such tax obligations.
Class Counsel and Defendants. Counsel do not intend for this Settlement Agreement to constitute legal advice relating to the tax liability of any Eligible Class Member. To the extent that this Settlement Agreement, or any of its attachments, is interpreted to contain or constitute advice regarding any federal, state or local tax issue, such advice is not intended or written to be used, and cannot be used, by any person for the purpose of avoiding any tax liability or penalties.