Common use of Effect of Opt-Out Clause in Contracts

Effect of Opt-Out. Any person or entity who falls within the definition of the Settlement Class and who validly and timely requests exclusion from the Settlement shall not be a Settlement Class Member; shall not be bound by the Settlement Agreement; shall not be eligible to make a Claim for any benefit under the terms of the Settlement Agreement; and shall not be entitled to submit an Objection to the Settlement.

Appears in 2 contracts

Samples: Class Action Settlement Agreement, Class Action Settlement Agreement

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Effect of Opt-Out. Any person or entity who falls within the definition of the DSL Settlement Class or ARL Settlement Class and who validly and timely requests exclusion from the Settlement shall not be a Settlement Class Member; shall not be bound by the Settlement Agreement; shall not be eligible to make a Claim for any benefit under the terms of the Settlement Agreement; and shall not be entitled to submit an Objection to the Settlement.

Appears in 2 contracts

Samples: Class Action Settlement Agreement, Class Action Settlement Agreement

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Effect of Opt-Out. Any person or entity who falls within the definition member of the Settlement Class and who validly submits a valid and timely requests request for exclusion from the Settlement shall will not be a Settlement Class Member; shall Member and will not be bound by the Settlement Agreement; shall not be eligible to make a Claim for any benefit under the terms of the Settlement this Agreement; and shall not be entitled to submit an Objection to the Settlement.

Appears in 2 contracts

Samples: Class Action Settlement Agreement and Release, Class Action Settlement Agreement and Release

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