Common use of Entire Monetary Obligation Clause in Contracts

Entire Monetary Obligation. In no event, and notwithstanding anything else in this Agreement, shall the Defendants or their insurers be required to pay any amounts other than the Settlement Amount. It is understood and agreed that the Defendants’ and its insurers’ monetary obligations under this Settlement Agreement will be fully discharged by paying the amount specified in Section 3.1(a) above, and that the Defendants and its insurers shall have no other monetary obligations, or obligations to make any other payments under this Agreement or otherwise.

Appears in 2 contracts

Samples: Class Action Settlement Agreement, Class Action Settlement Agreement

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Entire Monetary Obligation. In no event, and notwithstanding anything else in this Agreement, shall the Defendants or their insurers be required to pay any amounts other than the Settlement Amount. It is understood and agreed that the Defendants’ and its their insurers’ monetary obligations under this Settlement Agreement will be fully discharged by paying the amount specified in Section 3.1(a) above, and that the Defendants and its their insurers shall have no other monetary obligations, or obligations to make any other payments under this Agreement or otherwise.

Appears in 1 contract

Samples: Class Action Settlement Agreement

Entire Monetary Obligation. In no event, and notwithstanding anything else in this AgreementAgreement (except with respect to any obligations it may be required to incur with respect to implementation of the structural changes described in Section IV below), shall the Defendants or their insurers be required to pay any amounts other than the Settlement Amount. It is understood and agreed that the Defendants’ and its insurers’ monetary obligations under this Settlement Agreement will be fully discharged by paying the amount specified in Section Sections 1.38 and 3.1(a) above, and that the Defendants and its insurers shall have no other monetary obligations, or obligations to make any other payments under this Agreement or otherwise.

Appears in 1 contract

Samples: Class Action Settlement Agreement

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Entire Monetary Obligation. In no event, and notwithstanding Notwithstanding anything else in this AgreementAgreement (except with respect to Independent Fiduciary Fees and costs in excess of $25,000), in no event shall the Defendants or their insurers be required to pay any amounts other than the Settlement Amount. It is understood and agreed that the Defendants’ and its insurers’ monetary obligations under this Settlement Agreement will be fully discharged by paying the amount specified in Section 3.1(aSections 1.35 and 3.1(b) above, and that the Defendants and its insurers shall have no other monetary obligations, or obligations to make any other payments under this Agreement or otherwise.

Appears in 1 contract

Samples: Class Action Settlement Agreement

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