Common use of Effect of Both Opting Out and Objecting Clause in Contracts

Effect of Both Opting Out and Objecting. If a Class Member submits both an Opt-Out Form and Objection, the Class Member will be deemed to have opted out of the Settlement, and thus to be ineligible to object. However, any objecting Class Member who has not timely submitted a completed Opt-Out Form will be bound by the terms of the Agreement upon the Court’s final approval of the Settlement.

Effect of Both Opting Out and Objecting. If a Class Member submits both an a Request for Exclusion/Opt-Out Form and files an Objection, the Class Member will be deemed to have opted out of the Settlement, and thus to be ineligible to object. However, any objecting Class Member who has not timely submitted a completed Request for Exclusion/Opt-Out Form will be bound by the terms of the Agreement upon the Court’s final approval of the Settlement.