Common use of Interest on Settlement Amount Clause in Contracts

Interest on Settlement Amount. Any interest earned on the Settlement Amount, once it has been delivered to the Settlement Administrator, shall be for the benefit of the Settlement Class.

Appears in 2 contracts

Samples: Settlement Agreement and Release, www.achfirstpartyfeesettlement.com

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Interest on Settlement Amount. Any interest earned on the Settlement Amount, once it has been delivered to the Settlement Administrator, shall be for the benefit of the Settlement Class, unless the Settlement is terminated.

Appears in 2 contracts

Samples: Settlement Agreement and Releases, Settlement Agreement and Releases

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