Common use of Defendants Have No Responsibility or Liability for Administration Clause in Contracts

Defendants Have No Responsibility or Liability for Administration. (1) Except for the obligations in respect of the performance of the obligations under sections 4.1(1) and 11.2(1), the Defendants and their insurers shall have no responsibility for and no liability whatsoever with respect to the administration or implementation of this Agreement and the Distribution Protocol, including, without limitation, the processing and payment of claims by the Administrator.

Appears in 5 contracts

Samples: Class Action Settlement Agreement, Class Action Settlement Agreement, Class Action Settlement Agreement

AutoNDA by SimpleDocs

Defendants Have No Responsibility or Liability for Administration. (1) Except for the obligations in respect of the performance of the obligations under sections subsections 4.1(1) and 11.2(1), the Defendants and their insurers shall have no responsibility for and no liability whatsoever with respect to the administration or implementation of this Agreement and the Distribution Protocol, including, without limitation, the processing and payment of claims by the Administrator.

Appears in 3 contracts

Samples: Settlement Agreement, Securities Litigation Settlement Agreement, Securities Litigation Settlement Agreement

Defendants Have No Responsibility or Liability for Administration. (1) Except for the obligations in respect of the performance of the obligations set forth under sections 4.1(1subsections 3.1(1) and 11.2(16.2(1), the Defendants and their insurers shall have no involvement in developing the Distribution Protocol, and no responsibility for and no or liability whatsoever with respect to the administration or implementation of this Settlement Agreement and the Distribution Protocol, including, without limitation, the processing and payment of claims by the Administrator.

Appears in 2 contracts

Samples: Settlement Agreement, Settlement Agreement

Defendants Have No Responsibility or Liability for Administration. (1) Except for the obligations in respect of the performance of the obligations under sections 4.1(1subsections 3.1(1), 10.2(1) and 11.2(110.2(2), the Defendants and their insurers Defendant shall have no responsibility for and no liability whatsoever with respect to the administration or implementation of this Settlement Agreement and the distribution of the Net Settlement Amount to Eligible Claimants or the Distribution Protocol, including, without limitation, the processing and payment of claims and Remittances by the Administrator.

Appears in 2 contracts

Samples: Settlement Agreement, Settlement Agreement

Defendants Have No Responsibility or Liability for Administration. (1) Except for the obligations in respect of the performance of the obligations under sections 4.1(1) and 11.2(1)Section 4.1, the Defendants and their insurers shall have no responsibility for and no liability whatsoever with respect to the administration or implementation of this Agreement and the Distribution ProtocolAgreement, including, without limitation, the processing and payment distribution of claims by the Administrator.Settlement Amount

Appears in 1 contract

Samples: Settlement Agreement

AutoNDA by SimpleDocs

Defendants Have No Responsibility or Liability for Administration. (1) Except for the obligations in respect of the performance of the obligations under sections 4.1(1) and 11.2(1)Section 5.1, the Defendants and their insurers shall have no responsibility for and no liability whatsoever with respect to the administration or implementation of this Agreement and the Distribution ProtocolPlan of Allocation, including, without limitation, the processing and payment distribution of claims by the AdministratorSettlement Amount.

Appears in 1 contract

Samples: Settlement Agreement

Defendants Have No Responsibility or Liability for Administration. (1a) Except for the obligations in respect of the performance of the obligations under sections 4.1(1) and 11.2(1), the The Defendants and their insurers shall have no responsibility for and no liability whatsoever with respect to the administration or implementation of this the Agreement and beyond payment of the Distribution ProtocolSettlement Amount or with respect to the administration of the Plan of Distribution, including, without limitation, including with respect to the processing and payment of claims or decisions made by the Administrator.

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!