NOTICE AND SETTLEMENT ADMINISTRATION. As part of the Preliminary Approval Order, Lead Counsel shall seek appointment of a Claims Administrator. The Claims Administrator shall administer the Settlement, including but not limited to the process of receiving, reviewing, and approving or denying Claims to share in the distribution of the US Net Settlement Fund and to facilitate the distribution of the TASE Net Settlement through a claims-free process to Claimants who purchased OPKO common stock on the TASE, under Lead Counsel’s supervision and subject to the jurisdiction of the Court. Other than OPKO’s obligation to use its best efforts to provide its shareholders records as provided in ¶ 20 below, none of the Defendants, nor any other Defendants’ Releasees, shall have any involvement in or any responsibility, authority, or liability whatsoever for the selection of the Claims Administrator, the Plan of Allocation, the administration of the Settlement, the Claims process, or disbursement of the Net Settlement Fund, and shall have no liability whatsoever to any person or entity, including, but not limited to, Lead Plaintiff, any other Settlement Class Members, or Lead Counsel in connection with the foregoing. Defendants’ Counsel shall cooperate in the administration of the Settlement to the extent reasonably necessary to effectuate its terms.
Appears in 3 contracts
Samples: Settlement Agreement, Settlement Agreement, Stipulation and Agreement of Settlement
NOTICE AND SETTLEMENT ADMINISTRATION. As part of the Preliminary Approval Order, Lead Counsel shall seek appointment of a Claims Administrator. The Claims Administrator shall administer the Settlement, including but not limited to the process of receiving, reviewing, and approving or denying Claims to share in the distribution of the US Net Settlement Fund and to facilitate the distribution of the TASE Net Settlement through a claims-free process to Claimants who purchased OPKO common stock on the TASEClaims, under Lead Counsel’s supervision and subject to the jurisdiction of the Court. Other than OPKOCognizant’s obligation to use its best efforts to provide its shareholders securities holders records as provided in ¶ 20 below, none of the Defendants, nor any other Defendants’ Releasees, shall have any involvement in or any responsibility, authority, or liability whatsoever for the selection of the Claims Administrator, the Plan of Allocation, the administration of the Settlement, the Claims process, or disbursement of the Net Settlement Fund, and shall have no liability whatsoever to any person or entity, including, but not limited to, Lead PlaintiffPlaintiffs, any other Settlement Class Members, or Lead Counsel in connection with the foregoing. Defendants’ Counsel shall cooperate in the administration of the Settlement to the extent reasonably necessary to effectuate its terms.
Appears in 3 contracts
Samples: Stipulation and Agreement of Settlement, Stipulation and Agreement of Settlement, Stipulation and Agreement of Settlement
NOTICE AND SETTLEMENT ADMINISTRATION. As part of the Preliminary Approval Order, Lead Counsel Plaintiff shall seek appointment of a Claims Settlement Administrator. The Claims Settlement Administrator shall administer the Settlement, including but not limited to the process of receiving, reviewing, and approving or denying Claims to share in the distribution of the US Net Settlement Fund and to facilitate the distribution of the TASE Net Settlement through a claims-free process to Claimants who purchased OPKO common stock on the TASE, under Lead Plaintiff’s Counsel’s supervision and subject to the jurisdiction of the Court. Other than OPKOUBS’s obligation to use its best efforts to provide its shareholders records as provided the Settlement Class Member information set forth in ¶ 20 19 below, none and data concerning the relevant At-Issue Taxable Municipal Bond transactions of the DefendantsSettlement Class Members during the Settlement Class Period, neither the Defendant, nor any other Defendants’ Defendant’s Releasees, shall have any involvement in or any responsibility, authority, authority or liability whatsoever for the selection of the Claims Settlement Administrator, the Plan of Allocation, the administration of the Settlement, the Claims process, or disbursement of the Net Settlement Fund, and shall have no liability whatsoever to any person or entity, including, but not limited to, Lead Plaintiff, any other Settlement Class Members, Members or Lead Plaintiff’s Counsel in connection with the foregoing. Defendants’ Defendant’s Counsel shall cooperate in the administration of the Settlement to the extent reasonably necessary to effectuate its terms.
Appears in 1 contract
Samples: Settlement Agreement