Common use of Limit on Award Payments Clause in Contracts

Limit on Award Payments. 9.3.1 Any term of this Agreement (or any escrow agreement referenced herein) to the contrary notwithstanding, HOC shall have no financial obligation under this Agreement other than its express obligations to make payments as described in Section 4.3.3, Section 9.1, Section 9.2, and Article 17. HOC shall have no obligation to pay (or to make any payment on account of), or reimburse any Enrolled Claimant, Settlement Program Claimant, or Principal Responsible Attorney for any costs or expenses incurred by such Enrolled Claimant, Settlement Program Claimant, or Principal Responsible Attorney in connection with the Settlement Program. Neither HOC nor any of the other Released Parties shall have any responsibility for the management of any of the funds referenced herein or any Liability to any Enrolled Claimant arising from the handling of Program Claims, the distribution of Settlement Program Awards, and/or the management of the QSF Award Account by the Claims Administrator, Claims Processor, Special Masters, Escrow Agent, the LRA, the Bank, and/or the Qualified Settlement Fund Administrator.

Appears in 3 contracts

Samples: Settlement Agreement, Settlement Agreement, Settlement Agreement

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Limit on Award Payments. 9.3.1 7.3.1 Any term of this Agreement (or any escrow agreement referenced herein) to the contrary notwithstanding, HOC shall have no financial obligation under this Agreement other than its express obligations to make payments as described in Section 4.3.33.2.3, Section 9.17.1, Section 9.27.2, and Article 1715. HOC shall have no obligation to pay (or to make any payment on account of), or reimburse any Enrolled Claimant, Settlement Program Qualified Claimant, or Principal Responsible Attorney for any costs or expenses incurred by such Enrolled Claimant, Settlement Program Qualified Claimant, or Principal Responsible Attorney in connection with the Settlement Program. Neither HOC nor any of the other Released Parties shall have any responsibility for the management of any of the funds referenced herein or any Liability to any Enrolled Claimant arising from the handling of Program Claims, the distribution of Settlement Program Awards, and/or the management of the QSF Award Account by the Claims Administrator, Claims Processor, Special MastersMaster, Escrow Agent, the LRA, the Bank, and/or the Qualified Settlement Fund Administrator.

Appears in 1 contract

Samples: Settlement Agreement

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