Class Releases Clause Samples

A Class Releases clause serves to formally release or discharge a defined group or class of individuals or entities from certain claims, liabilities, or obligations. In practice, this clause typically applies in contexts such as class action settlements, where all members of a specified class agree to relinquish their rights to pursue further legal action related to the subject matter of the agreement. By implementing a Class Releases clause, parties ensure comprehensive resolution of disputes for the entire class, preventing future litigation on the same issues and providing finality and certainty to all involved.
Class Releases. 2 On the Effective Date, if it occurs, the Releasing Parties shall be deemed to have, and by 3 operation of this Settlement Agreement shall have, fully, finally and forever released, relinquished 4 and discharged the Released Parties from any and all of the Class Released Claims.
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Class Releases. The Final Approval Order shall provide that, upon payment of each of the amounts set forth in paragraphs 14 and 15 above, the “Class Releases” attached hereto as Exhibit F will be deemed effective and binding on the Modified Shy Class and its members.
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Related to Class Releases

  • Press Releases The Company agrees that it will not issue press releases or engage in any other publicity, without the Representative’s prior written consent (not to be unreasonably withheld), for a period of twenty-five (25) days after the Closing Date. Notwithstanding the foregoing, in no event shall the Company be prohibited from issuing any press releases or engaging in any other publicity required by law, except that including the name of any Underwriter therein shall require the prior written consent of such Underwriter.

  • SEC Filings and Press Releases To Agent and Lenders, promptly upon their becoming available, copies of: (i) all Financial Statements, reports, notices and proxy statements made publicly available by any Credit Party to its security holders; (ii) all regular and periodic reports and all registration statements and prospectuses, if any, filed by any Credit Party with any securities exchange or with the Securities and Exchange Commission or any governmental or private regulatory authority; and (iii) all press releases and other statements made available by any Credit Party to the public concerning material changes or developments in the business of any such Person.

  • RELEASES OF CLAIMS Effective on the date when Defendant fully funds the entire Gross Settlement Amount and funds all employer payroll taxes owed on the Wage Portion of the Individual Class Payments, Plaintiff, Class Members, and Class Counsel will release claims against all Released Parties as follows:

  • Press Releases, Etc Any press release issued by the Company shall not disclose any of the Financing Terms and the final form of such press release shall be approved in advance in writing by the Investors. No other announcement regarding any of the Financing Terms in a press release, conference, advertisement, announcement, professional or trade publication, mass marketing materials or otherwise to the general public may be made without the Investors’ prior written consent.

  • News Releases Certain sections of Lithium Hosting, llc news releases may contain forward-looking statements projecting future events, such as new software installations, updates, promotions, hosting introductions, etc. It is possible that these statements may deviate from the actual circumstances, since they are treated as intentions and express expectations and approximate plans of action regarding the relevant forthcoming events. Forward Looking Statements can be recognized by the availability of indicative words such as "believes","anticipates", "plans", "may", "hopes", "can", "will", "expects", "is designed to", "with the intent", "potential", etc. However, their availability is not a prerequisite for a forward-looking statement to be treated as such.