Common use of No Responsibility for Administration or Fees Clause in Contracts

No Responsibility for Administration or Fees. ‌ (1) After the Effective Date, the Settling Defendants shall not have any responsibility, financial obligations or liability whatsoever with respect to the investment, distribution or administration of monies in the Trust Account.

Appears in 3 contracts

Samples: Canadian Polyurethane Foam Class Actions National Settlement Agreement, Settlement Agreement, Settlement Agreement

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No Responsibility for Administration or Fees. ‌ (1) After the Effective Date, the Settling Defendants shall not have any responsibility, financial obligations or liability whatsoever with respect to the investment, distribution or administration of monies in the Trust AccountAccount including, but not limited to, Administration Expenses and Class Counsel Fees.

Appears in 2 contracts

Samples: Settlement Agreement, Settlement Agreement

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