Common use of Disbursement of Settlement Shares and Payments Clause in Contracts

Disbursement of Settlement Shares and Payments. Subject to the Court finally approving the Settlement, the Settlement Administrator shall distribute funds pursuant to the terms of this Agreement and the Court’s Final Approval Order and Judgment. The Settlement Administrator shall keep Defendant’s Counsel and Class Counsel apprised of all distributions from the Gross Settlement Amount. The Settlement Administrator shall respond to questions from Defendant’s Counsel and Class Counsel. No person shall have any claim against Defendant, Defendant’s Counsel, Plaintiff, Class Counsel, or the Settlement Administrator based on the distributions and payments made in accordance with this Agreement.

Disbursement of Settlement Shares and Payments. Subject to the Court finally approving the Settlement, the Settlement Administrator shall distribute funds pursuant to the terms of this Agreement and the Court’s Final Approval Order and Judgment. The Settlement Administrator shall keep Defendant’s Defendants’ Counsel and Class Counsel apprised of all distributions from the Gross Settlement Amount. The Settlement Administrator shall respond to questions from Defendant’s Counsel and Class Counsel. No person shall have any claim against Defendant, Defendant’s Counsel, Plaintiff, Class Counsel, or the Settlement Administrator based on the distributions and payments made in accordance with this Agreement.distributions

Disbursement of Settlement Shares and Payments. Subject to the Court finally approving the Settlement, the Settlement Administrator shall distribute funds pursuant to the terms of this Agreement and the Court’s 's Final Approval Order and Judgment. The Settlement Administrator shall keep Defendant’s Counsel and Class Counsel apprised of all distributions from the Gross Settlement AmountAmount has been agreed to by the Parties, based on analysis and assessment of the value of the claims in the Action. The Settlement Administrator shall respond to questions from Defendant’s Counsel for Defendant and Class Counsel. No person shall have any claim against Defendant, Counsel for Defendant’s Counsel, Plaintiff, Class Counsel, or the Settlement Administrator based on the distributions and payments made in accordance with this Agreement.