Parallel Proceedings Sample Clauses
The Parallel Proceedings clause defines how legal or regulatory actions that occur simultaneously in different forums or jurisdictions are to be managed within the context of an agreement. Typically, this clause outlines the parties' obligations to notify each other of any such proceedings, coordinate their responses, and avoid actions that could prejudice the outcome of related cases. Its core practical function is to prevent conflicting decisions, reduce legal risk, and ensure that the parties handle overlapping disputes in a coordinated and efficient manner.
Parallel Proceedings. Pending final determination of whether the Settlement Agreement should be approved, the Named Plaintiffs, every Class Member, and the Plan are prohibited and enjoined from directly, through representatives, or in any other capacity, commencing any action or proceeding in any court or tribunal asserting any of the Released Claims against the Released Parties, including Defendants.
Parallel Proceedings. Pending final determination of whether the Settlement 27 Agreement should be approved, no Class Member may directly, through representatives, or in any 28 other capacity commence any action or proceeding in any court or tribunal asserting any of the 1 Released Claims against any of the Defendants, the Released Parties, or the Plan.
Parallel Proceedings. Pending final determination of whether the Settlement Agreement should be approved, Class Member and their respective heirs, beneficiaries, executors, administrators, estates, past and present partners, agents, attorneys, predecessors, successors, and assigns, are preliminarily enjoined from suing Defendants, the Plan, or the Released Parties in any action or proceeding alleging any of the Released Claims.
Parallel Proceedings. Pending final determination of whether the Settlement Agreement should be approved, every Class Member is prohibited and enjoined from directly, through representatives, or in any other capacity, commencing any action or proceeding in any IT IS SO ORDERED.