Payment of Settlement Amount. (1) Within thirty (30) days of the Date of Execution, the Settling Defendants shall pay the Settlement Amount to Siskinds LLP, for deposit into the Trust Account. (2) Payment of the Settlement Amount shall be made by wire transfer. At least thirty (30) days prior to the Settlement Amount becoming due, Siskinds LLP will provide, in writing, the following information necessary to complete the wire transfers: name of bank, address of bank, ABA number, SWIFT number, name of beneficiary, beneficiary’s bank account number, beneficiary’s address, and bank contact details. (3) The Settlement Amount and other consideration to be provided in accordance with the terms of this Settlement Agreement shall be provided in full satisfaction of the Released Claims against the Releasees. (4) The Settlement Amount shall be all-inclusive of all amounts, including, without limitation, interest, costs, Class Counsel Fees and Class Counsel Disbursements. (5) The Releasees shall have no obligation to pay any amount in addition to the Settlement Amount, for any reason, pursuant to or in furtherance of this Settlement Agreement, the Proceedings, the Second Ontario Action, or any Other Actions. (6) Once a Claims Administrator has been appointed, Siskinds LLP shall transfer control of the Trust Account to the Claims Administrator. (7) Siskinds LLP and the Claims Administrator shall maintain the Trust Account as provided for in this Settlement Agreement. (8) Siskinds LLP and the Claims Administrator shall not pay out all or any part of the monies in the Trust Account, except in accordance with this Settlement Agreement, or in accordance with an order of the Courts obtained after notice to the Parties.
Appears in 3 contracts
Samples: Settlement Agreement, Settlement Agreement, Settlement Agreement
Payment of Settlement Amount. (1) Within thirty (30) days of the Date of ExecutionExecution Date, the Settling Defendants shall pay the Settlement Amount to Siskinds LLP, LLP for deposit into the Trust Account. The Settlement Amount shall be converted into Canadian currency upon deposit into the Trust Account.
(2) Payment of The Settling Defendants shall deposit the Settlement Amount shall be made into the Trust Account by wire transfer. At least thirty (30) days prior to the Settlement Amount becoming due, Siskinds LLP will provide, in writing, shall provide the following necessary wire transfer information necessary to complete Counsel for the wire transfers: name Settling Defendants with reasonable advance notice so that the Settling Defendants have a reasonable period of bank, address time to comply with section 3.1(1) of bank, ABA number, SWIFT number, name of beneficiary, beneficiary’s bank account number, beneficiary’s address, and bank contact detailsthis Settlement Agreement.
(3) The Settlement Amount and other consideration to be provided in accordance with the terms of this Settlement Agreement shall be provided in full satisfaction of the Released Claims against the Releasees.
(4) The Settlement Amount shall be all-inclusive of all amounts, including, including without limitation, interest, costs, Class Counsel Fees and Class Counsel Disbursements.
(5) The Releasees shall have no obligation to pay any amount in addition to the Settlement Amount, for any reason, pursuant to or in furtherance of this Settlement Agreement, Agreement or the Proceedings, the Second Ontario Action, Proceedings or any Other Actions.
(6) Once a Claims Administrator has been appointed, Siskinds LLP shall transfer control of the Trust Account to the Claims Administrator.
(7) Siskinds LLP and the Claims Administrator shall maintain the Trust Account as provided for in this Settlement Agreement.
(8) . While in control of the Trust Account, Siskinds LLP and the Claims Administrator shall not pay out all or any part of the monies in the Trust Account, except in accordance with this Settlement Agreement, or in accordance with an order of the Courts obtained after notice to the Parties.
Appears in 3 contracts
Samples: Settlement Agreement, Settlement Agreement, Settlement Agreement
Payment of Settlement Amount. (1) Within thirty sixty (3060) days of the Date of Execution, the Settling Defendants shall pay the Settlement Amount to Siskinds LLP, LLP for deposit into the Trust Account.
(2) Payment of the Settlement Amount shall be made by wire transfer. At least thirty (30) days prior to the Settlement Amount becoming due, Siskinds LLP will provide, in writing, the following information necessary to complete the wire transferstransfer: name of bank, address of bank, ABA number, SWIFT number, name of beneficiary, beneficiary’s bank account number, beneficiary’s address, and bank contact details.
(3) The Settlement Amount and other consideration to be provided in accordance with the terms of this Settlement Agreement shall be provided in full satisfaction of the Released Claims against the Releasees.
(4) The Settlement Amount shall be all-inclusive of all amounts, including, without limitation, interest, costs, Administration Expenses, Class Counsel Fees and Class Counsel Disbursements.
(5) The Releasees shall have no obligation to pay any amount in addition to the Settlement Amount, for any reason, pursuant to or in furtherance of this Settlement Agreement, the Proceedings, the Second Ontario Action, Proceeding or any Other Actions.
(6) Once a Claims Administrator has been appointed, Siskinds LLP shall transfer control of the Trust Account to the Claims Administrator.
(7) Siskinds LLP and the Claims Administrator shall maintain the Trust Account as provided for in this Settlement Agreement.
(8) Siskinds LLP and the Claims Administrator shall not pay out all or any part of the monies in the Trust Account, except in accordance with this Settlement Agreement, or in accordance with an order of the Courts Court obtained after notice to the Parties.
Appears in 2 contracts
Samples: Settlement Agreement, Settlement Agreement
Payment of Settlement Amount. (1) Within thirty forty five (3045) days of the Date of ExecutionExecution Date, the Settling Defendants shall pay the Settlement Amount to Siskinds LLPLLP for deposit into the Trust Account, for the details of which are attached in Confidential Schedule B. The Settlement Amount shall be converted into Canadian currency upon deposit into the Trust Account.
(2) Payment of The Settling Defendants shall deposit the Settlement Amount shall be made into the Trust Account by wire transfer. At least thirty (30) days prior to the Settlement Amount becoming due, Siskinds LLP will provide, in writing, shall provide the following necessary wire transfer information necessary to complete Counsel for the wire transfers: name Settling Defendants with reasonable advance notice so that the Settling Defendants have a reasonable period of bank, address time to comply with section 3.1(1) of bank, ABA number, SWIFT number, name of beneficiary, beneficiary’s bank account number, beneficiary’s address, and bank contact detailsthis Settlement Agreement.
(3) The Settlement Amount and other consideration to be provided in accordance with the terms of this Settlement Agreement shall be provided in full satisfaction of the Released Claims against the Releasees.
(4) The Settlement Amount shall be all-inclusive of all amounts, including, including without limitation, interest, costs, Class Counsel Fees and Class Counsel Disbursements.
(5) The Releasees shall have no obligation to pay any amount in addition to the Settlement Amount, for any reason, pursuant to or in furtherance of this Settlement Agreement, Agreement or the Proceedings, the Second Ontario Action, Proceedings or any Other Actions.
(6) Once a Claims Administrator has been appointed, Siskinds Xxxxxxxx LLP shall transfer control of the Trust Account to the Claims Administrator.
(7) Siskinds LLP and the Claims Administrator shall maintain the Trust Account as provided for in this Settlement Agreement.
(8) Siskinds . While in control of the Trust Account, Xxxxxxxx LLP and the Claims Administrator shall not pay out all or any part of the monies in the Trust Account, except in accordance with this Settlement Agreement, or in accordance with an order of the Ontario and Quebec Courts obtained after notice to the Parties.
Appears in 2 contracts
Samples: Settlement Agreement, Settlement Agreement
Payment of Settlement Amount. (1) Within thirty Subject to Section 3.1(2), within thirty-five (3035) days of the Date of Execution, the Settling Defendants shall pay the Settlement Amount to Siskinds LLP, for deposit into the Trust Account. The Settlement Amount shall be converted to Canadian Dollars upon deposit.
(2) Payment of the Settlement Amount shall be made by wire transfer. At least thirty (30) days prior to On or before the Settlement Amount becoming dueDate of Execution, Siskinds LLP will provide, in writing, the following information necessary to complete the wire transferstransfer: name of bank, address of bank, ABA number, SWIFT number, name of beneficiary, beneficiary’s bank account number, beneficiary’s address, and bank contact details.
(3) The Settlement Amount and other consideration to be provided in accordance with the terms of this Settlement Agreement shall be provided in full satisfaction of the Released Claims against the Releasees.
(4) The Settlement Amount shall be all-inclusive of all amounts, including, without limitation, including interest, costs, Administration Expenses, Class Counsel Fees and Class Counsel Disbursements.
(5) The Releasees shall have no obligation to pay any amount in addition to the Settlement Amount, for any reason, pursuant to or in furtherance of this Settlement Agreement, the Proceedings, the Second Ontario Action, Proceedings or any Other Actions.
(6) Once a Claims Administrator has been appointed, Siskinds Xxxxxxxx LLP shall transfer control of the Trust Account to the Claims Administrator.
(7) Siskinds LLP and the Claims Administrator shall maintain the Trust Account as provided for in this Settlement Agreement.
(8) Siskinds LLP and the Claims Administrator shall not pay out all or any part of the monies in the Trust Account, except in accordance with this Settlement Agreement, or in accordance with an order of the Courts Ontario Court obtained after notice to the Parties.
Appears in 2 contracts
Samples: Settlement Agreement, Settlement Agreement
Payment of Settlement Amount. (1) Within thirty (30) days of the Date of Execution, the Settling Defendants shall pay the Settlement Amount to Siskinds LLP, for deposit into the Trust Account.
(2) Payment of the Settlement Amount shall be made by wire transfer. At least thirty (30) days prior to the Settlement Amount becoming due, Siskinds LLP will provide, in writing, the following information necessary to complete the wire transfers: name of bank, address of bank, ABA number, SWIFT number, name of beneficiary, beneficiary’s bank account number, beneficiary’s address, and bank contact details.
(3) The Settlement Amount and other consideration to be provided in accordance with the terms of this Settlement Agreement shall be provided in full satisfaction of the Released Claims against the Releasees.
(4) The Settlement Amount shall be all-inclusive of all amounts, including, without limitation, interest, costs, Class Counsel Fees and Class Counsel Disbursements.
(5) The Releasees shall have no obligation to pay any amount in addition to the Settlement Amount, for any reason, pursuant to or in furtherance of this Settlement Agreement, the Proceedings, the Second Ontario Action, Proceeding or any Other Actions.
(6) Once a Claims Administrator has been appointed, Siskinds LLP shall transfer control of the Trust Account to the Claims Administrator.
(7) Siskinds LLP and the Claims Administrator shall maintain the Trust Account as provided for in this Settlement Agreement.
(8) Siskinds LLP and the Claims Administrator shall not pay out all or any part of the monies in the Trust Account, except in accordance with this Settlement Agreement, or in accordance with an order of the Courts Court obtained after notice to the Parties.
Appears in 2 contracts
Samples: Class Action Settlement Agreement, Class Action Settlement Agreement
Payment of Settlement Amount. (1) Within thirty thirty-five (3035) days of the Date of Execution, the Settling Defendants shall pay the Settlement Amount to Siskinds LLP, for deposit into the Trust Account. The Settlement Amount shall be converted by Siskinds LLP into Canadian currency upon deposit into the Trust Account.
(2) Payment of the Settlement Amount shall be made by wire transfer. At least thirty (30) days prior to the Settlement Amount becoming due, Siskinds LLP will provide, in writing, the following information necessary to complete the wire transferstransfer: name of bank, address of bank, ABA number, SWIFT number, name of beneficiary, beneficiary’s bank account number, beneficiary’s address, and bank contact details.
(3) The Settlement Amount and other consideration to be provided in accordance with the terms of this Settlement Agreement shall be provided in full satisfaction of the Released Claims against the Releasees, and shall be allocated by Class Counsel among the Relevant Parts.
(4) The Settlement Amount shall be all-inclusive of all amounts, including, without limitation, including interest, costs, Administration Expenses, Class Counsel Fees and Class Counsel Disbursements.
(5) The Releasees shall have no obligation to pay any amount in addition to the Settlement Amount, for any reason, pursuant to or in furtherance of this Settlement Agreement, the Proceedings, the Second Ontario Action, or any Other Actions.
(6) Once a Claims Administrator has been appointedappointed in the Proceedings, Siskinds Xxxxxxxx LLP shall transfer control of the Trust Account to the Claims Administrator.
(7) Siskinds LLP and the Claims Administrator shall maintain the Trust Account as provided for in this Settlement Agreement.
(8) Siskinds LLP and the Claims Administrator shall not pay out all or any part of the monies in the Trust Account, except in accordance with this Settlement Agreement, or in accordance with an order of the Ontario and Quebec Courts obtained after notice to the Parties.
Appears in 2 contracts
Samples: Settlement Agreement, Settlement Agreement
Payment of Settlement Amount. (1) Within thirty sixty (3060) days of the Date of Execution, the Settling Defendants shall pay the Settlement Amount to Siskinds LLP, for deposit into the Trust Account.
(2) Payment of the Settlement Amount shall be made by wire transfer. At least thirty ten (3010) days prior to the Settlement Amount becoming due, Siskinds LLP will provide, in writing, the following information necessary to complete the wire transferstransfer: name of bank, address of bank, ABA number, SWIFT number, name of beneficiary, beneficiary’s bank account number, beneficiary’s address, and bank contact details.
(3) The Settlement Amount and other consideration to be provided in accordance with the terms of this Settlement Agreement shall be provided in full satisfaction of the Released Claims against the Releasees.
(4) The Settlement Amount shall be all-inclusive of all amounts, including, without limitation, interest, costs, Administration Expenses, Class Counsel Fees and Class Counsel Disbursements.
(5) The Releasees shall have no obligation to pay any amount in addition to the Settlement Amount, for any reason, pursuant to or in furtherance of this Settlement Agreement, the Proceedings, the Second Ontario Action, or any Other Actions.
(6) Once a Claims Administrator has been appointed, Siskinds Xxxxxxxx LLP shall transfer control of the Trust Account to the Claims Administrator.
(7) Siskinds LLP and the Claims Administrator shall maintain the Trust Account as provided for in this Settlement Agreement.
(8) Siskinds LLP and the Claims Administrator shall not pay out all or any part of the monies in the Trust Account, except in accordance with this Settlement Agreement, or in accordance with an order of the Courts obtained after notice to the Parties.
Appears in 2 contracts
Samples: Class Action Settlement Agreement, Settlement Agreement
Payment of Settlement Amount. (1) Within thirty forty five (3045) days of the Date of ExecutionExecution Date, the Settling Defendants shall pay the Settlement Amount to Siskinds LLPLLP for deposit into the Trust Account, for the details of which are attached in Confidential Schedule B. The Settlement Amount shall be converted into Canadian currency upon deposit into the Trust Account.
(2) Payment of The Settling Defendants shall deposit the Settlement Amount shall be made into the Trust Account by wire transfer. At least thirty (30) days prior to the Settlement Amount becoming due, Siskinds LLP will provide, in writing, shall provide the following necessary wire transfer information necessary to complete Counsel for the wire transfers: name Settling Defendants with reasonable advance notice so that the Settling Defendants have a reasonable period of bank, address time to comply with section 3.1(1) of bank, ABA number, SWIFT number, name of beneficiary, beneficiary’s bank account number, beneficiary’s address, and bank contact detailsthis Settlement Agreement.
(3) The Settlement Amount and other consideration to be provided in accordance with the terms of this Settlement Agreement shall be provided in full satisfaction of the Released Claims against the Releasees.
(4) The Settlement Amount shall be all-inclusive of all amounts, including, including without limitation, interest, costs, Class Counsel Fees and Class Counsel Disbursements.
(5) The Releasees shall have no obligation to pay any amount in addition to the Settlement Amount, for any reason, pursuant to or in furtherance of this Settlement Agreement, Agreement or the Proceedings, the Second Ontario Action, Proceedings or any Other Actions.
(6) Once a Claims Administrator has been appointed, Siskinds LLP shall transfer control of the Trust Account to the Claims Administrator.
(7) Siskinds LLP and the Claims Administrator shall maintain the Trust Account as provided for in this Settlement Agreement.
(8) . While in control of the Trust Account, Siskinds LLP and the Claims Administrator shall not pay out all or any part of the monies in the Trust Account, except in accordance with this Settlement Agreement, or in accordance with an order of the Ontario and Quebec Courts obtained after notice to the Parties.
Appears in 2 contracts
Samples: Settlement Agreement, Settlement Agreement
Payment of Settlement Amount. (1) Within thirty (30) days of the Date of ExecutionBy no later than September 15, 2023, the Settling Defendants shall pay the Settlement Amount to Siskinds LLP, for deposit into the Trust Account. The Settlement Amount shall be converted by Siskinds LLP into Canadian currency upon deposit into the Trust Account.
(2) Payment of the Settlement Amount shall be made by wire transfer. At least thirty (30) days prior to the Settlement Amount becoming due, Siskinds LLP will provide, in writing, the following information necessary to complete the wire transferstransfer: name of bank, address of bank, ABA number, SWIFT number, name of beneficiary, beneficiary’s bank account number, beneficiary’s address, and bank contact details.
(3) The Settlement Amount and other consideration to be provided in accordance with the terms of this Settlement Agreement shall be provided in full satisfaction of the Released Claims against the Releasees, and shall be allocated by Class Counsel among the Relevant Parts.
(4) The Settlement Amount shall be all-inclusive of all amounts, including, without limitation, including interest, costs, Administration Expenses, Class Counsel Fees and Class Counsel Disbursements.
(5) The Releasees shall have no obligation to pay any amount in addition to the Settlement Amount, for any reason, pursuant to or in furtherance of this Settlement Agreement, the Proceedings, the Second Ontario Action, or any Other Actions.
(6) Once a Claims Administrator has been appointedappointed in the Proceedings, Siskinds Xxxxxxxx LLP shall transfer control of the Trust Account to the Claims Administrator.
(7) Siskinds LLP and the Claims Administrator shall maintain the Trust Account as provided for in this Settlement Agreement.. DocuSign Envelope ID: DEB15E8F-E938-4D46-965E-3A6296FE4589
(8) Siskinds LLP and the Claims Administrator shall not pay out all or any part of the monies in the Trust Account, except in accordance with this Settlement Agreement, or in accordance with an order of the Ontario and Quebec Courts obtained after notice to the Parties.
Appears in 2 contracts
Samples: Settlement Agreement, Settlement Agreement
Payment of Settlement Amount.
(1) Within thirty (30) days of the Date of Execution, the Settling Defendants Defendant shall pay the Settlement Amount to Siskinds LLP, Ontario Counsel for deposit into the Trust Account.Account to be held for the benefit of Settlement Class Members.
(2) Payment of the Settlement Amount shall be made by wire transfer. At least thirty (30) days prior to Upon the Settlement Amount becoming dueDate of Execution, Siskinds LLP Ontario Counsel will provide, in writing, the following information necessary to complete the wire transfers: name of bank, address of bank, ABA number, SWIFT number, name of beneficiary, beneficiary’s bank account number, beneficiary’s address, and bank contact details. Ontario Counsel will also provide any additional details that may be required by the Settled Defendant to complete the wire transfer of the Settlement Amount.
(3) The Settlement Amount and other consideration to be provided in accordance with the terms of this Settlement Agreement shall be provided in full satisfaction of the Released Claims against the Releasees.
(4) The Settlement Amount shall be all-inclusive of all amounts, including, without limitation, interest, including interest and costs, Class Counsel Fees and Class Counsel Disbursements.
(5) The Releasees shall have no obligation to pay any amount in addition to the Settlement Amount, for any reason, pursuant to or in furtherance of this Settlement Agreement, Agreement or the Proceedings, the Second Ontario Action, or any Other Actions.
(6) Once a Claims Administrator has been appointed, Siskinds LLP Ontario Counsel shall transfer control of the Trust Account to the Claims Administrator.
(7) Siskinds LLP Ontario Counsel and the Claims Administrator shall maintain the Trust Account as provided for in this Settlement Agreement.
(8) Siskinds LLP Ontario Counsel and the Claims Administrator shall not pay out all or any part of the monies in the Trust Account, except in accordance with this Settlement Agreement, or in accordance with an order of the Courts obtained after notice to the Parties.
Appears in 1 contract
Samples: Settlement Agreement
Payment of Settlement Amount. (1) Within thirty sixty (3060) days of the Date of Execution, the Settling Defendants shall pay the Settlement Amount to Siskinds LLP, LLP for deposit into the Trust Account.
(2) Payment of the Settlement Amount shall be made by wire transfer. At least thirty (30) days prior to the Settlement Amount becoming due, Siskinds Xxxxxxxx LLP will provide, in writing, the following information necessary to complete the wire transferstransfer: name of bank, address of bank, ABA number, SWIFT number, name of beneficiary, beneficiary’s bank account number, beneficiary’s address, and bank contact details.
(3) The Settlement Amount and other consideration to be provided in accordance with the terms of this Settlement Agreement shall be provided in full satisfaction of the Released Claims against the Releasees.
(4) The Settlement Amount shall be all-inclusive of all amounts, including, without limitation, interest, costs, Administration Expenses, Class Counsel Fees and Class Counsel Disbursements.
(5) The Releasees shall have no obligation to pay any amount in addition to the Settlement Amount, for any reason, pursuant to or in furtherance of this Settlement Agreement, the ProceedingsProceeding, the Second Ontario Action, Action or any Other Actions.
(6) Once a Claims Administrator has been appointed, Siskinds Xxxxxxxx LLP shall transfer control of the Trust Account to the Claims Administrator.
(7) Siskinds LLP and the Claims Administrator shall maintain the Trust Account as provided for in this Settlement Agreement.
(8) Siskinds LLP and the Claims Administrator shall not pay out all or any part of the monies in the Trust Account, except in accordance with this Settlement Agreement, or in accordance with an order of the Courts Court obtained after notice to the Parties.
Appears in 1 contract
Samples: Settlement Agreement
Payment of Settlement Amount. (1) Within thirty sixty (3060) days of the Date of Execution, the Settling Defendants shall pay the Settlement Amount to Siskinds LLP, for deposit into the Trust Account.
(2) Payment of the Settlement Amount shall be made by wire transfer. At least thirty (30) days prior to the Settlement Amount becoming due, Siskinds LLP will provide, in writing, the following information necessary to complete the wire transferstransfer: name of bank, address of bank, ABA number, SWIFT number, name of beneficiary, beneficiary’s bank account number, beneficiary’s address, and bank contact details.
(3) The Settlement Amount and other consideration to be provided in accordance with the terms of this Settlement Agreement shall be provided in full satisfaction of the Released Claims against the Releasees.
(4) The Settlement Amount shall be all-inclusive of all amounts, including, without limitation, interest, costs, Administration Expenses, Class Counsel Fees and Class Counsel Disbursements.
(5) The Releasees shall have no obligation to pay any amount in addition to the Settlement Amount, for any reason, pursuant to or in furtherance of this Settlement Agreement, the Proceedings, the Second Ontario Action, Proceeding or any Other Actions.
(6) Once a Claims Administrator has been appointed, Siskinds LLP shall transfer control of the Trust Account to the Claims Administrator.
(7) Siskinds LLP and the Claims Administrator shall maintain the Trust Account as provided for in this Settlement Agreement.
(8) Siskinds LLP and the Claims Administrator shall not pay out all or any part of the monies in the Trust Account, except in accordance with this Settlement Agreement, or in accordance with an order of the Courts Court obtained after notice to the Parties.
Appears in 1 contract
Samples: National Settlement Agreement
Payment of Settlement Amount. (1) Within thirty (30) days of the Date of Execution, the Settling Defendants shall pay the Settlement Amount to Siskinds LLP, for deposit into the Trust Account.
(2) Payment of the Settlement Amount shall be made by wire transfer. At least thirty twenty (3020) days prior to the Settlement Amount becoming due, Siskinds LLP will provide, in writing, the following information necessary to complete the wire transferstransfer: name of bank, address of bank, ABA number, SWIFT number, name of beneficiary, beneficiary’s bank account number, beneficiary’s address, and bank contact details.
(3) The Settlement Amount and other consideration to be provided in accordance with the terms of this Settlement Agreement shall be provided in full satisfaction of the Released Claims against the Releasees.
(4) The Settlement Amount shall be all-inclusive of all amounts, including, without limitation, interest, costs, Administration Expenses, Class Counsel Fees and Class Counsel Disbursements.
(5) The Releasees shall have no obligation to pay any amount in addition to the Settlement Amount, for any reason, pursuant to or in furtherance of this Settlement Agreement, the Proceedings, the Second Ontario Action, Proceeding or any Other Actions.
(6) Once a Claims Administrator has been appointed, Siskinds Xxxxxxxx LLP shall transfer control of the Trust Account to the Claims Administrator.
(7) Siskinds LLP and the Claims Administrator shall maintain the Trust Account as provided for in this Settlement Agreement.
(8) Siskinds LLP and the Claims Administrator shall not pay out all or any part of the monies in the Trust Account, except in accordance with this Settlement Agreement, or in accordance with an order of the Courts Court obtained after notice to the Parties.
Appears in 1 contract
Samples: Settlement Agreement
Payment of Settlement Amount. (1) Within thirty sixty (3060) days of the Date of Execution, the Settling Defendants shall pay the Settlement Amount to Siskinds LLP, LLP for deposit into the Trust Account.
(2) Payment of the Settlement Amount shall be made by wire transfer. At least thirty (30) days prior to the Settlement Amount becoming due, Siskinds LLP will provide, in writing, the following information necessary to complete the wire transferstransfer: name of bank, address of bank, ABA number, SWIFT number, name of beneficiary, beneficiary’s bank account number, beneficiary’s address, and bank contact details.
(3) The Settlement Amount and other consideration to be provided in accordance with the terms of this Settlement Agreement shall be provided in full satisfaction of the Released Claims against the Releasees.
(4) The Settlement Amount shall be all-inclusive of all amounts, including, without limitation, interest, costs, Administration Expenses, Class Counsel Fees and Class Counsel Disbursements.
(5) The Releasees shall have no obligation to pay any amount in addition to the Settlement Amount, for any reason, pursuant to or in furtherance of this Settlement Agreement, the ProceedingsProceeding, the Second Ontario Action, Action or any Other Actions.
(6) Once a Claims Administrator has been appointed, Siskinds Xxxxxxxx LLP shall transfer control of the Trust Account to the Claims Administrator.
(7) Siskinds LLP and the Claims Administrator shall maintain the Trust Account as provided for in this Settlement Agreement.
(8) Siskinds LLP and the Claims Administrator shall not pay out all or any part of the monies in the Trust Account, except in accordance with this Settlement Agreement, or in accordance with an order of the Courts Court obtained after notice to the Parties.
Appears in 1 contract
Samples: Settlement Agreement
Payment of Settlement Amount. (1) Within thirty (30) days of the Date of Execution, the Settling Defendants shall pay the Settlement Amount to Siskinds LLP, for deposit into the Trust Account.
(2) Payment of the Settlement Amount shall be made by wire transfer. At least thirty (30) days prior to the Settlement Amount becoming due, Siskinds LLP will provide, in writing, the following information necessary to complete the wire transfers: name of bank, address of bank, ABA number, SWIFT number, name of beneficiary, beneficiary’s bank account number, beneficiary’s address, and bank contact details.
(3) The Settlement Amount and other consideration to be provided in accordance with the terms of this Settlement Agreement shall be provided in full satisfaction of the Released Claims against the Releasees.
(4) The Settlement Amount shall be all-inclusive of all amounts, including, without limitation, interest, costs, Class Counsel Fees and Class Counsel Disbursements.
(5) The Releasees shall have no obligation to pay any amount in addition to the Settlement Amount, for any reason, pursuant to or in furtherance of this Settlement Agreement, the ProceedingsProceeding, the Second Ontario Action, or any Other Actions.
(6) Once a Claims Administrator has been appointed, Siskinds LLP shall transfer control of the Trust Account to the Claims Administrator.
(7) Siskinds LLP and the Claims Administrator shall maintain the Trust Account as provided for in this Settlement Agreement.
(8) Siskinds LLP and the Claims Administrator shall not pay out all or any part of the monies in the Trust Account, except in accordance with this Settlement Agreement, or in accordance with an order of the Courts Court obtained after notice to the Parties.
Appears in 1 contract
Samples: Settlement Agreement
Payment of Settlement Amount. (1) Within thirty (30) days of the Date of ExecutionNo later than December 1, 2021, the Settling Defendants shall pay the Settlement Amount to Siskinds LLP, for deposit into the Trust Account. The Settlement Amount shall be converted by Siskinds LLP into Canadian currency upon deposit into the Trust Account.
(2) Payment of the Settlement Amount shall be made by wire transfer. At least thirty ten (3010) days prior to the Settlement Amount becoming due, Siskinds LLP will provide, in writing, the following information necessary to complete the wire transferstransfer: name of bank, address of bank, ABA number, SWIFT number, name of beneficiary, beneficiary’s bank account number, beneficiary’s address, and bank contact details.
(3) The Settlement Amount and other consideration to be provided in accordance with the terms of this Settlement Agreement shall be provided in full satisfaction of the Released Claims against the Releasees.
(4) The Settlement Amount shall be all-inclusive of all amounts, including, without limitation, including interest, costs, Administration Expenses, Class Counsel Fees and Class Counsel Disbursements.
(5) The Releasees shall have no obligation to pay any amount in addition to the Settlement Amount, for any reason, pursuant to or in furtherance of this Settlement Agreement, the Proceedings, the Second Ontario ActionProceeding, or any Other Actions.
(6) Once a Claims Administrator has been appointed, Siskinds Xxxxxxxx LLP shall transfer control of the Trust Account to the Claims Administrator.
(7) Siskinds LLP and the Claims Administrator shall maintain the Trust Account as provided for in this Settlement Agreement.
(8) Siskinds LLP and the Claims Administrator shall not pay out all or any part of the monies in the Trust Account, except in accordance with this Settlement Agreement, or in accordance with an order of the Courts Court obtained after notice to the Parties.
Appears in 1 contract
Samples: Settlement Agreement
Payment of Settlement Amount. (1) Within thirty (30) business days of the Date of Execution, the Settling Defendants shall pay the Settlement Amount to Siskinds LLP, Ontario Counsel for deposit into the Trust AccountAccount to be held for the benefit of Settlement Class Members.
(2) Payment of the Settlement Amount shall be made by wire transfer. At least thirty (30) days prior Prior to the Settlement Amount becoming due, Siskinds LLP Ontario Counsel will provide, in writing, the following information necessary to complete the wire transfers: name of bank, address of bank, ABA number, SWIFT number, name of beneficiary, beneficiary’s bank account number, beneficiary’s address, and bank contact details.
(3) The Settlement Amount and other consideration to be provided in accordance with the terms of this Settlement Agreement shall be provided in full satisfaction of the Released Claims against the Releasees.
(4) The Settlement Amount shall be all-inclusive of all amounts, including, without limitation, interest, costs, Class Counsel Fees and Class Counsel Disbursementsinclusive.
(5) The Releasees shall have no obligation to pay any amount in addition to the Settlement Amount, for any reason, pursuant to or in furtherance of this Settlement Agreement, Agreement or the Proceedings, the Second Ontario Action, or any Other Actions.
(6) Once a Claims Administrator has been appointed, Siskinds LLP Ontario Counsel shall transfer control of the Trust Account to the Claims Administrator.
(7) Siskinds LLP Ontario Counsel and the Claims Administrator shall maintain the Trust Account as provided for in this Settlement Agreement.
(8) Siskinds LLP Ontario Counsel and the Claims Administrator shall not pay out all or any part of the monies in the Trust Account, except in accordance with this Settlement Agreement, or in accordance with an order of the Courts obtained after notice to the Parties.
Appears in 1 contract
Samples: Settlement Agreement
Payment of Settlement Amount. (1) Within thirty (30) days of the Date of Execution, the Settling Defendants shall pay the Settlement Amount to Siskinds LLP, for deposit into the Trust Account.
(2) Payment of the Settlement Amount shall be made by wire transfer. At least thirty (30) days prior to the Settlement Amount becoming due, Siskinds LLP will provide, in writing, the following information necessary to complete the wire transfers: name of bank, address of bank, ABA number, SWIFT number, name of beneficiary, beneficiary’s bank account number, beneficiary’s address, and bank contact details.
(3) The Settlement Amount and other consideration to be provided in accordance with the terms of this Settlement Agreement shall be provided in full satisfaction of the Released Claims against the Releasees.
(4) The Settlement Amount shall be all-inclusive of all amounts, including, without limitation, interest, costs, Class Counsel Fees and Class Counsel Disbursements.
(5) The Releasees shall have no obligation to pay any amount in addition to the Settlement Amount, for any reason, pursuant to or in furtherance of this Settlement Agreement, the Proceedings, the Second Ontario Action, or any Other Actions.
(6) Once a Claims Administrator has been appointed, Siskinds Xxxxxxxx LLP shall transfer control of the Trust Account to the Claims Administrator.
(7) Siskinds LLP and the Claims Administrator shall maintain the Trust Account as provided for in this Settlement Agreement.
(8) Siskinds LLP and the Claims Administrator shall not pay out all or any part of the monies in the Trust Account, except in accordance with this Settlement Agreement, or in accordance with an order of the Courts obtained after notice to the Parties.
Appears in 1 contract
Samples: Settlement Agreement
Payment of Settlement Amount. (1) Within thirty (30) days of the Date of Execution, the Settling Defendants Defendant shall pay the Settlement Amount to Siskinds LLP, Ontario Counsel for deposit into the Trust Account.
(2) Payment of the Settlement Amount shall be made by wire transfer. At least thirty (30) days prior Prior to the Settlement Amount becoming due, Siskinds LLP Ontario Counsel will provide, in writing, the following information necessary to complete the wire transfers: name of bank, address of bank, ABA number, SWIFT number, name of beneficiary, beneficiary’s bank account number, beneficiary’s address, and bank contact details. Any bank transfer fees charged by the bank so designated by Ontario Counsel shall be borne by the Plaintiffs.
(3) The Settlement Amount and other consideration to be provided in accordance with the terms of this Settlement Agreement shall be provided in full satisfaction of the Released Claims against the Releasees.
(4) The Settlement Amount shall be all-inclusive of all amounts, including, without limitation, interest, including interest and costs, Class Counsel Fees and Class Counsel Disbursements.
(5) The Releasees shall have no obligation to pay any amount in addition to the Settlement Amount, for any reason, pursuant to or in furtherance of this Settlement Agreement, Agreement or the Proceedings, the Second Ontario Action, or any Other Actions.
(6) Once a Claims Administrator has been appointed, Siskinds LLP Ontario Counsel shall transfer control of all funds in the Trust Account to the Claims Administrator.
(7) Siskinds LLP Ontario Counsel and the Claims Administrator Administrator, respectively, shall maintain the Trust Account as provided for in this Settlement Agreement.
(8) Siskinds LLP While in control of the Trust Account, each of Ontario Counsel and the Claims Administrator Administrator, respectively, shall not pay out all or any part of the monies in the Trust Account, except in accordance with this Settlement Agreement, or in accordance with an order of the Courts obtained after notice to the Parties.
Appears in 1 contract
Samples: Class Action Settlement Agreement
Payment of Settlement Amount. (1) Within thirty Subject to Section 3.1(2), within sixty (3060) days of the Date of Execution, the Settling Defendants shall pay the Settlement Amount to Siskinds LLP, for deposit into the Trust Account.
(2) Payment of the Settlement Amount shall be made by wire transfer. At least thirty (30) days prior to the Settlement Amount becoming due, Siskinds LLP will provide, in writing, the following information necessary to complete the wire transferstransfer: name of bank, address of bank, ABA number, SWIFT number, name of beneficiary, beneficiary’s bank account number, beneficiary’s address, and bank contact details.
(3) The Settlement Amount and other consideration to be provided in accordance with the terms of this Settlement Agreement shall be provided in full satisfaction of the Released Claims against the Releasees.
(4) The Settlement Amount shall be all-inclusive of all amounts, including, without limitation, interest, costs, Administration Expenses, Class Counsel Fees and Class Counsel Disbursements.
(5) The Releasees shall have no obligation to pay any amount in addition to the Settlement Amount, for any reason, pursuant to or in furtherance of this Settlement Agreement, the Proceedings, the Second Ontario Action, or any Other Actions.
(6) Once a Claims Administrator has been appointed, Siskinds Xxxxxxxx LLP shall transfer control of the Trust Account to the Claims Administrator.
(7) Siskinds LLP and the Claims Administrator shall maintain the Trust Account as provided for in this Settlement Agreement.
(8) Siskinds LLP and the Claims Administrator shall not pay out all or any part of the monies in the Trust Account, except in accordance with this Settlement Agreement, or in accordance with an order of the Courts obtained after notice to the Parties.
Appears in 1 contract
Samples: Settlement Agreement
Payment of Settlement Amount. (1) Within thirty sixty (3060) days of the Date of Execution, the Settling Defendants shall pay the Settlement Amount to Siskinds LLP, for deposit into the Trust Account. The Settlement Amount shall be converted into Canadian currency upon deposit into the Trust Account.
(2) Payment of the Settlement Amount shall be made by wire transfer. At least thirty (30) days prior to the Settlement Amount becoming due, Siskinds LLP will provide, in writing, the following information necessary to complete the wire transferstransfer: name of bank, address of bank, ABA number, SWIFT number, name of beneficiary, beneficiary’s 's bank account number, beneficiary’s 's address, and bank contact details.
(3) The Settlement Amount and other consideration to be provided in accordance with the terms of this Settlement Agreement shall be provided in full satisfaction of the Released Claims against the Releasees.
(4) The Settlement Amount shall be all-inclusive of all amounts, including, without limitation, interest, costs, Administration Expenses, Class Counsel Fees and Class Counsel Disbursements.
(5) The Releasees shall have no obligation to pay any amount in addition to the Settlement Amount, for any reason, pursuant to or in furtherance of this Settlement Agreement, the Proceedings, the Second Ontario Action, Proceeding or any Other Actions.
(6) Once a Claims Administrator has been appointed, Siskinds Xxxxxxxx LLP shall transfer control of the Trust Account to the Claims Administrator.
(7) Siskinds LLP and the Claims Administrator shall maintain the Trust Account as provided for in this Settlement Agreement.
(8) Siskinds LLP and the Claims Administrator shall not pay out all or any part of the monies in the Trust Account, except in accordance with this Settlement Agreement, or in accordance with an order of the Courts obtained after notice to the Parties.
Appears in 1 contract
Samples: Settlement Agreement
Payment of Settlement Amount. (1) Within thirty sixty (3060) days of the Date of Execution, the Settling Defendants shall pay the Settlement Amount to Siskinds LLP, LLP for deposit into the Trust Account.
(2) Payment of the Settlement Amount shall be made by wire transfer. At least thirty (30) days prior to the Settlement Amount becoming due, Siskinds LLP will provide, in writing, the following information necessary to complete the wire transferstransfer: name of bank, address of bank, ABA number, SWIFT number, name of beneficiary, beneficiary’s bank account number, beneficiary’s address, and bank contact details.
(3) The Settlement Amount and other consideration to be provided in accordance with the terms of this Settlement Agreement shall be provided in full satisfaction of the Released Claims against the Releasees.
(4) The Settlement Amount shall be all-inclusive of all amounts, including, without limitation, interest, costs, Administration Expenses, Class Counsel Fees and Class Counsel Disbursements.
(5) The Releasees shall have no obligation to pay any amount in addition to the Settlement Amount, for any reason, pursuant to or in furtherance of this Settlement Agreement, the Proceedings, the Second Ontario Action, Proceedings or any Other Actions.
(6) Once a Claims Administrator has been appointed, Siskinds Xxxxxxxx LLP shall transfer control of the Trust Account to the Claims Administrator.
(7) Siskinds LLP and the Claims Administrator shall maintain the Trust Account as provided for in this Settlement Agreement.
(8) Siskinds LLP and the Claims Administrator shall not pay out all or any part of the monies in the Trust Account, except in accordance with this Settlement Agreement, or in accordance with an order of the Courts obtained after notice to the Parties.
Appears in 1 contract
Samples: Settlement Agreement
Payment of Settlement Amount. (1) Within thirty (30) days of the Date of Execution, the Settling Defendants shall pay the Settlement Amount to Siskinds LLP, for deposit into the Trust Account.
(2) Payment of the Settlement Amount shall be made by wire transfer. At least thirty ten (3010) days prior to the Settlement Amount becoming due, Siskinds LLP will provide, in writing, the following information necessary to complete the wire transferstransfer: name of bank, address of bank, ABA number, SWIFT number, name of beneficiary, beneficiary’s bank account number, beneficiary’s address, and bank contact details.
(3) The Settlement Amount and other consideration to be provided in accordance with the terms of this Settlement Agreement shall be provided in full satisfaction of the Released Claims against the Releasees.
(4) The Settlement Amount shall be all-inclusive of all amounts, including, without limitation, interest, costs, Administration Expenses, Class Counsel Fees and Class Counsel Disbursements.
(5) The Releasees shall have no obligation to pay any amount in addition to the Settlement Amount, for any reason, pursuant to or in furtherance of this Settlement Agreement, the Proceedings, the Second Ontario Action, or any Other Actions.
(6) Once a Claims Administrator has been appointed, Siskinds LLP shall transfer control of the Trust Account to the Claims Administrator.
(7) Siskinds LLP and the Claims Administrator shall maintain the Trust Account as provided for in this Settlement Agreement.
(8) Siskinds LLP and the Claims Administrator shall not pay out all or any part of the monies in the Trust Account, except in accordance with this Settlement Agreement, or in accordance with an order orders of the Courts Ontario Court or the BC Court, as applicable, obtained after notice to the Parties.
Appears in 1 contract
Samples: Settlement Agreement
Payment of Settlement Amount. (1) Within thirty Thirty (30) days of after the Effective Date of Executionor October 1, 2020, whichever is later, the Settling Defendants Defendant shall pay the Settlement Amount to Siskinds LLP, for deposit into the Trust Account.
(2) Payment of the Settlement Amount shall be made by wire transfer. At least thirty ten (3010) days prior to the Settlement Amount becoming due, Siskinds LLP will provide, in writing, the following information necessary to complete the wire transferstransfer: name of bank, address of bank, ABA number, SWIFT number, name of beneficiary, beneficiary’s bank account number, beneficiary’s address, and bank contact details.
(3) The Settlement Amount and other consideration to be provided in accordance with the terms of this Settlement Agreement shall be provided in full satisfaction of the Released Claims against the Releasees.
(4) The Settlement Amount shall be all-inclusive of all amounts, including, without limitation, including interest, costs, Administration Expenses, Class Counsel Fees and Class Counsel Disbursements.
(5) The Releasees shall have no obligation to pay any amount in addition to the Settlement Amount, for any reason, pursuant to or in furtherance of this Settlement Agreement, the Proceedings, the Second Ontario Related Action, or any Other Actions.
(6) Once a Claims Administrator has been appointed, Siskinds LLP shall transfer control of the Trust Account to the Claims Administrator.
(7) Siskinds LLP and the Claims Administrator shall maintain the Trust Account as provided for in this Settlement Agreement.
(8) Siskinds LLP and the Claims Administrator shall not pay out all or any part of the monies in the Trust Account, except in accordance with this Settlement Agreement, or in accordance with an order of the Courts obtained after notice to the Parties.
Appears in 1 contract
Samples: Settlement Agreement
Payment of Settlement Amount. (1) Within thirty sixty (3060) days of the Date of Execution, the Settling Defendants shall pay the Settlement Amount to Siskinds LLP, for deposit into the Trust Account. The Settlement Amount shall be converted into Canadian currency upon deposit into the Trust Account.
(2) Payment of the Settlement Amount shall be made by wire transfer. At least thirty (30) days prior Prior to the Settlement Amount becoming due, Siskinds LLP will provide, in writing, the following information necessary to complete the wire transfers: name of bank, address of bank, ABA number, SWIFT number, name of beneficiary, beneficiary’s bank account number, beneficiary’s address, and bank contact details.
(3) The Settlement Amount and other consideration to be provided in accordance with the terms of this Settlement Agreement shall be provided in full satisfaction of the Released Claims against the Releasees.
(4) The Settlement Amount shall be all-inclusive of all amounts, including, including without limitation, interest, costs, Class Counsel Fees and Class Counsel Disbursements.
(5) The Releasees shall have no obligation to pay any amount in addition to the Settlement Amount, for any reason, pursuant to or in furtherance of this Settlement Agreement, Agreement or the Proceedings, the Second Ontario Action, Proceedings or any Other Actions.
(6) Once a Claims Administrator has been appointed, Siskinds Xxxxxxxx LLP shall transfer control of the Trust Account to the Claims Administrator.
(7) Siskinds LLP and the Claims Administrator shall maintain the Trust Account as provided for in this Settlement Agreement.
(8) Siskinds LLP and the Claims Administrator shall not pay out all or any part of the monies in the Trust Account, except in accordance with this Settlement Agreement, or in accordance with an order of the Courts obtained after notice to the Parties.
Appears in 1 contract
Samples: Settlement Agreement
Payment of Settlement Amount. (1) Within thirty (30) days of the Date of Execution, the Settling Defendants Defendant shall pay the Settlement Amount to Siskinds LLP, Ontario Counsel for deposit into the Trust AccountAccount to be held for the benefit of Settlement Class Members.
(2) Payment of the Settlement Amount shall be made by wire transfer. At least thirty (30) days prior to Upon the Settlement Amount becoming dueDate of Execution, Siskinds LLP Ontario Counsel will provide, in writing, the following information necessary to complete the wire transfers: name of bank, address of bank, ABA number, SWIFT number, name of beneficiary, beneficiary’s bank account number, beneficiary’s address, and bank contact details. Ontario Counsel will also provide any additional details that may be required by the Settled Defendant to complete the wire transfer of the Settlement Amount.
(3) The Settlement Amount and other consideration to be provided in accordance with the terms of this Settlement Agreement shall be provided in full satisfaction of the Released Claims against the Releasees.
(4) The Settlement Amount shall be all-inclusive of all amounts, including, without limitation, interest, including interest and costs, Class Counsel Fees and Class Counsel Disbursements.
(5) The Releasees shall have no obligation to pay any amount in addition to the Settlement Amount, for any reason, pursuant to or in furtherance of this Settlement Agreement, Agreement or the Proceedings, the Second Ontario Action, or any Other Actions.
(6) Once a Claims Administrator has been appointed, Siskinds LLP Ontario Counsel shall transfer control of the Trust Account to the Claims Administrator.
(7) Siskinds LLP Ontario Counsel and the Claims Administrator shall maintain the Trust Account as provided for in this Settlement Agreement.
(8) Siskinds LLP Ontario Counsel and the Claims Administrator shall not pay out all or any part of the monies in the Trust Account, except in accordance with this Settlement Agreement, or in accordance with an order of the Courts obtained after notice to the Parties.
Appears in 1 contract
Samples: Settlement Agreement
Payment of Settlement Amount. (1) Within thirty (30) days of the Date of Execution, the Settling Defendants shall pay the Settlement Amount to Siskinds LLP, for deposit into the Trust Account. The Settlement Amount shall be converted by Siskinds LLP into Canadian currency upon deposit into the Trust Account.
(2) Payment of the Settlement Amount shall be made by wire transfer. At least thirty ten (3010) days prior to the Settlement Amount becoming due, Siskinds LLP will provide, in writing, the following information necessary to complete the wire transferstransfer: name of bank, address of bank, ABA number, SWIFT number, name of beneficiary, beneficiary’s bank account number, beneficiary’s address, and bank contact details.
(3) The Settlement Amount and other consideration to be provided in accordance with the terms of this Settlement Agreement shall be provided in full satisfaction of the Released Claims against the Releasees.
(4) The Settlement Amount shall be allocated to the Settlement Classes as follows:
(a) Manual Steering Columns: USD$293,500; and
(b) Electric Powered Steering Assemblies: USD$1,000.
(5) The Settlement Amount shall be all-inclusive of all amounts, including, without limitation, including interest, costs, Administration Expenses, Class Counsel Fees and Class Counsel Disbursements.
(56) The Releasees shall have no obligation to pay any amount in addition to the Settlement Amount, for any reason, pursuant to or in furtherance of this Settlement Agreement, the Proceedings, the Second Ontario Action, or any Other Actions.
(67) Once a Claims Administrator has been appointedappointed in one or more of the Proceedings, Siskinds Xxxxxxxx LLP shall transfer control of the related portion of the Trust Account to the Claims Administrator.
(7) 8) Siskinds LLP and the Claims Administrator shall maintain the Trust Account as provided for in this Settlement Agreement.
(8) 9) Siskinds LLP and the Claims Administrator shall not pay out all or any part of the monies in the Trust Account, except in accordance with this Settlement Agreement, or in accordance with an order of the Courts Ontario Court obtained after notice to the Parties.
Appears in 1 contract
Samples: Settlement Agreement
Payment of Settlement Amount. (1) Within thirty sixty (3060) days of the Date of Execution, the Settling Defendants shall pay the Settlement Amount to Siskinds LLP, for deposit into the Trust Account.
(2) Payment of the Settlement Amount shall be made by wire transfer. At least thirty (30) days prior Prior to the Settlement Amount becoming due, Siskinds LLP will provide, in writing, the following information necessary to complete the wire transferstransfer: name of bank, address of bank, ABA number, SWIFT number, name of beneficiary, beneficiary’s bank account number, beneficiary’s address, and bank contact details.
(3) The Settlement Amount and other consideration to be provided in accordance with the terms of this Settlement Agreement shall be provided in full satisfaction of the Released Claims against the Releasees.
(4) The Settlement Amount shall be all-inclusive of all amounts, including, without limitation, interest, costs, Administration Expenses, Class Counsel Fees and Class Counsel Disbursements.
(5) The Releasees shall have no obligation to pay any amount in addition to the Settlement Amount, for any reason, pursuant to or in furtherance of this Settlement Agreement, the ProceedingsProceeding, the Second Ontario Action, or any Other Actions.
(6) Once a Claims Administrator has been appointed, Siskinds Xxxxxxxx LLP shall transfer control of the Trust Account to the Claims Administrator.
(7) Siskinds LLP and the Claims Administrator shall maintain the Trust Account as provided for in this Settlement Agreement.
(8) Siskinds LLP and the Claims Administrator shall not pay out all or any part of the monies in the Trust Account, except in accordance with this Settlement Agreement, or in accordance with an order of the Courts Court obtained after notice to the Parties.
Appears in 1 contract
Samples: Settlement Agreement
Payment of Settlement Amount. (1) Within thirty (30) days of the Execution Date, subject to the receipt by the Settling Defendants before the Execution Date of Executionan original copy of a written request for payment from Class Counsel in the format provided by the Settling Defendants, the Settling Defendants shall pay the Settlement Amount to Siskinds LLP, LLP for deposit into the Trust Account. The Settlement Amount shall be converted into Canadian currency by Siskinds LLP upon deposit into the Trust Account.
(2) Payment of The Settling Defendants shall deposit the Settlement Amount shall be made into the Trust Account by wire transfer. At least thirty (30) days prior to the Settlement Amount becoming due, Siskinds LLP will provide, in writing, shall provide the following necessary wire transfer information necessary to complete Counsel for the wire transfers: name Settling Defendants within five days of bank, address the Execution Date so that the Settling Defendants have a reasonable period of bank, ABA number, SWIFT number, name time to comply with section 3.1(1) of beneficiary, beneficiary’s bank account number, beneficiary’s address, and bank contact detailsthis Settlement Agreement.
(3) The Settlement Amount and other consideration to be provided in accordance with the terms of this Settlement Agreement shall be provided in full satisfaction of the Released Claims against the Releasees.
(4) The Settlement Amount shall be all-inclusive of all amounts, including, including without limitation, interest, costs, Class Counsel Fees and Class Counsel Disbursements.
(5) The Releasees shall have no obligation to pay any amount in addition to the Settlement Amount, for any reason, pursuant to or in furtherance of this Settlement Agreement, Agreement or the Proceedings, the Second Ontario Action, Proceedings or any Other Actions.
(6) Once a Claims Administrator has been appointed, Siskinds Xxxxxxxx LLP shall transfer control of the Trust Account to the Claims Administrator.
(7) Siskinds LLP and the Claims Administrator shall maintain the Trust Account as provided for in this Settlement Agreement.
(8) Siskinds . While in control of the Trust Account, Xxxxxxxx LLP and the Claims Administrator shall not pay out all or any part of the monies in the Trust Account, except in accordance with this Settlement Agreement, or in accordance with an order of the Ontario and Quebec Courts obtained after notice to the Parties.
Appears in 1 contract
Samples: Settlement Agreement
Payment of Settlement Amount. (1) Within thirty (30) days of the Date of Execution, the Settling Defendants shall pay the Settlement Amount to Siskinds LLP, for deposit into the Trust Account.
(2) Payment of the Settlement Amount shall be made by wire transfer. At least thirty ten (3010) days prior to the Settlement Amount becoming due, Siskinds LLP will provide, in writing, the following information necessary to complete the wire transferstransfer: name of bank, address of bank, ABA number, SWIFT number, name of beneficiary, beneficiary’s 's bank account number, beneficiary’s 's address, and bank contact details.
(3) The Settlement Amount and other consideration to be provided in accordance with the terms of this Settlement Agreement shall be provided in full satisfaction of the Released Claims against the Releasees.
(4) The Settlement Amount shall be all-inclusive of all amounts, including, without limitation, including interest, costs, Administration Expenses, Class Counsel Fees and Class Counsel Disbursements.
(5) The Releasees shall have no obligation to pay any amount in addition to the Settlement Amount, for any reason, pursuant to or in furtherance of this Settlement Agreement, the Proceedings, the Second Ontario Action, or any Other Actions.
(6) Once a Claims Administrator has been appointed, Siskinds Xxxxxxxx LLP shall transfer control of the Trust Account to the Claims Administrator.
(7) Siskinds LLP and the Claims Administrator shall maintain the Trust Account as provided for in this Settlement Agreement.
(8) Siskinds LLP and the Claims Administrator shall not pay out all or any part of the monies in the Trust Account, except in accordance with this Settlement Agreement, or in accordance with an order of the Ontario and Quebec Courts obtained after notice to the Parties.
Appears in 1 contract
Samples: Settlement Agreement
Payment of Settlement Amount. (1) Within thirty (30) days of the Date of Execution, the Settling Defendants shall pay the Settlement Amount to Siskinds LLP, LLP for deposit into the Trust Account.
(2) Payment of the Settlement Amount shall be made by wire transfer. At least thirty ten (3010) days prior to the Settlement Amount becoming due, Siskinds LLP will provide, in writing, the following information necessary to complete the wire transferstransfer: name of bank, address of bank, ABA number, SWIFT number, name of beneficiary, beneficiary’s bank account number, beneficiary’s address, and bank contact details.
(3) The Settlement Amount and other consideration to be provided in accordance with the terms of this Settlement Agreement shall be provided in full satisfaction of the Released Claims against the Releasees.
(4) The Settlement Amount shall be all-inclusive of all amounts, including, without limitation, interest, costs, Administration Expenses, Class Counsel Fees and Class Counsel Disbursements.
(5) The Releasees shall have no obligation to pay any amount in addition to the Settlement Amount, for any reason, pursuant to or in furtherance of this Settlement Agreement, the Proceedings, the Second Ontario Action, or any Other Actions.
(6) Once a Claims Administrator has been appointed, Siskinds LLP shall transfer control of the Trust Account to the Claims Administrator.
(7) Siskinds LLP and the Claims Administrator shall maintain the Trust Account as provided for in this Settlement Agreement.
(8) Siskinds LLP and the Claims Administrator shall not pay out all or any part of the monies in the Trust Account, except in accordance with this Settlement Agreement, or in accordance with an order of the Courts obtained after notice to the Parties.
Appears in 1 contract
Samples: National Settlement Agreement
Payment of Settlement Amount. (1) Within thirty sixty (3060) days of the Date of Execution, the Settling Defendants shall pay the Settlement Amount to Siskinds LLP, for deposit into the Trust Account.
(2) Payment of the Settlement Amount shall be made by wire transfer. At least thirty (30) days prior to the Settlement Amount becoming due, Siskinds LLP will provide, in writing, the following information necessary to complete the wire transferstransfer: name of bank, address of bank, ABA number, SWIFT number, name of beneficiary, beneficiary’s bank account number, beneficiary’s address, and bank contact details.
(3) The Settlement Amount and other consideration to be provided in accordance with the terms of this Settlement Agreement shall be provided in full satisfaction of the Released Claims against the Releasees.
(4) The Settlement Amount shall be all-inclusive of all amounts, including, without limitation, interest, costs, Administration Expenses, Class Counsel Fees and Class Counsel Disbursements.
(5) The Releasees shall have no obligation to pay any amount in addition to the Settlement Amount, for any reason, pursuant to or in furtherance of this Settlement Agreement, the Proceedings, the Second Ontario Action, Proceedings or any Other Actions.
(6) Once a Claims Administrator has been appointed, Siskinds LLP shall transfer control of the Trust Account to the Claims Administrator.
(7) Siskinds LLP and the Claims Administrator shall maintain the Trust Account as provided for in this Settlement Agreement.
(8) Siskinds LLP and the Claims Administrator shall not pay out all or any part of the monies in the Trust Account, except in accordance with this Settlement Agreement, or in accordance with an order of the Courts obtained after notice to the Parties.
Appears in 1 contract
Samples: National Settlement Agreement
Payment of Settlement Amount. (1) Within thirty (30) days of the Date of Execution, the Settling Defendants shall pay the Settlement Amount to Siskinds Sotos LLP, for deposit into the Trust Account. The Settlement Amount shall be converted by Sotos LLP into Canadian currency upon deposit into the Trust Account.
(2) Payment of the Settlement Amount shall be made by wire transfer. At least thirty (30) days prior to the Settlement Amount becoming due, Siskinds Sotos LLP will provide, in writing, the following information necessary to complete the wire transferstransfer: name of bank, address of bank, ABA number, SWIFT number, name of beneficiary, beneficiary’s bank account number, beneficiary’s address, beneficiary’s telephone number and a contact name, and bank contact details.
(3) The Settlement Amount and other consideration to be provided in accordance with the terms of this Settlement Agreement shall be provided in full satisfaction of the Released Claims against the Releasees, and shall be allocated by Class Counsel among the Relevant Parts.
(4) The Settlement Amount shall be allocated to the Settlement Classes as follows:
(a) Valve Timing Control Devices – USD$1,800,000;
(b) Automotive Access Mechanisms – USD$50,000;
(c) Door Latches/Closure Systems – USD$50,000;
(5) The Settlement Amount shall be all-inclusive of all amounts, including, without limitation, including interest, costs, Administration Expenses, Class Counsel Fees and Class Counsel Disbursements.
(56) The Releasees shall have no obligation to pay any amount in addition to the Settlement Amount, for any reason, pursuant to or in furtherance of this Settlement Agreement, the Proceedings, the Second Ontario Action, or any Other Actions.
(67) Once a Claims Administrator has been appointedappointed in the Proceedings, Siskinds Sotos LLP shall transfer control of the Trust Account to the Claims Administrator.
(7) Siskinds 8) Sotos LLP and the Claims Administrator shall maintain the Trust Account as provided for in this Settlement Agreement.
(8) Siskinds 9) Sotos LLP and the Claims Administrator shall not pay out all or any part of the monies in the Trust Account, except in accordance with this Settlement Agreement, or in accordance with an order of the Ontario and Quebec Courts obtained after notice to the Parties.
Appears in 1 contract
Samples: Settlement Agreement
Payment of Settlement Amount. (1) Within thirty sixty (3060) days of the Date of Execution, the Settling Defendants shall pay the Settlement Amount to Siskinds LLP, for deposit into the Trust Account. The Settlement Amount shall be converted to Canadian Dollars upon deposit.
(2) Payment of the Settlement Amount shall be made by wire transfer. At least thirty (30) days prior to the Settlement Amount becoming due, Siskinds LLP will provide, in writing, the following information necessary to complete the wire transferstransfer: name of bank, address of bank, ABA number, SWIFT number, name of beneficiary, beneficiary’s bank account number, beneficiary’s address, and bank contact details.
(3) The Settlement Amount and other consideration to be provided in accordance with the terms of this Settlement Agreement shall be provided in full satisfaction of the Released Claims against the Releasees.
(4) The Settlement Amount shall be allocated to the Settlement Classes as follows:
(a) High Intensity Discharge Ballasts – USD$360,000; and
(b) Autolights – USD$1,640,000.
(5) The Settlement Amount shall be all-inclusive of all amounts, including, without limitation, including interest, costs, Administration Expenses, Class Counsel Fees and Class Counsel Disbursements.
(56) The Releasees shall have no obligation to pay any amount in addition to the Settlement Amount, for any reason, pursuant to or in furtherance of this Settlement Agreement, the Proceedings, the Second Ontario Action, or any Other Actions.
(67) Once a Claims Administrator has been appointedappointed in the Proceedings, Siskinds Xxxxxxxx LLP shall transfer control of the Trust Account to the Claims Administrator.
(7) 8) Siskinds LLP and the Claims Administrator shall maintain the Trust Account as provided for in this Settlement Agreement.
(8) 9) Siskinds LLP and the Claims Administrator shall not pay out all or any part of the monies in the Trust Account, except in accordance with this Settlement Agreement, or in accordance with an order of the Courts obtained after notice to the Parties.
Appears in 1 contract
Samples: Class Action Settlement Agreement
Payment of Settlement Amount. (1) Within thirty (30) days of the Date of Execution, the Settling Defendants shall pay the Settlement Amount to Siskinds LLP, for deposit into the Trust Account.
(2) Payment of the Settlement Amount shall be made by wire transfer. At least thirty (30) days prior to the Settlement Amount becoming due, Siskinds LLP will provide, in writing, the following information necessary to complete the wire transfers: name of bank, address of bank, ABA number, SWIFT number, name of beneficiary, beneficiary’s bank account number, beneficiary’s address, and bank contact details.
(3) The Settlement Amount and other consideration to be provided in accordance with the terms of this Settlement Agreement shall be provided in full satisfaction of the Released Claims against the Releasees.
(4) The Settlement Amount shall be all-inclusive of all amounts, including, without limitation, interest, costs, Class Counsel Fees and Class Counsel Disbursements.
(5) The Releasees shall have no obligation to pay any amount in addition to the Settlement Amount, for any reason, pursuant to or in furtherance of this Settlement Agreement, the Proceedings, the Second Ontario Action, Proceedings or any Other Actions.
(6) Once a Claims Administrator has been appointed, Siskinds Xxxxxxxx LLP shall transfer control of the Trust Account to the Claims Administrator.
(7) Siskinds LLP and the Claims Administrator shall maintain the Trust Account as provided for in this Settlement Agreement.
(8) Siskinds LLP and the Claims Administrator shall not pay out all or any part of the monies in the Trust Account, except in accordance with this Settlement Agreement, or in accordance with an order of the Courts obtained after notice to the Parties.
Appears in 1 contract
Samples: Class Action Settlement Agreement
Payment of Settlement Amount. (1) Within thirty sixty (3060) days of the Date of Execution, the Settling Defendants shall pay the Settlement Amount to Siskinds LLP, for deposit into the Trust Account.
(2) Payment of the Settlement Amount shall be made by wire transfer. At least thirty ten (3010) days prior to the Settlement Amount becoming due, Siskinds LLP will provide, in writing, the following information necessary to complete the wire transferstransfer: name of bank, address of bank, ABA number, SWIFT number, name of beneficiary, beneficiary’s bank account number, beneficiary’s address, and bank contact details.
(3) The Settlement Amount and other consideration to be provided in accordance with the terms of this Settlement Agreement shall be provided in full satisfaction of the Released Claims against the Releasees.
(4) The Settlement Amount shall be all-inclusive of all amounts, including, without limitation, interest, costs, Administration Expenses, Class Counsel Fees and Class Counsel Disbursements.
(5) The Releasees shall have no obligation to pay any amount in addition to the Settlement Amount, for any reason, pursuant to or in furtherance of this Settlement Agreement, the Proceedings, the Second Ontario Related Action, or any Other Actions.
(6) Once a Claims Administrator has been appointed, Siskinds LLP shall transfer control of the Trust Account to the Claims Administrator.
(7) Siskinds LLP and the Claims Administrator shall maintain the Trust Account as provided for in this Settlement Agreement.
(8) Siskinds LLP and the Claims Administrator shall not pay out all or any part of the monies in the Trust Account, except in accordance with this Settlement Agreement, or in accordance with an order of the Courts obtained after notice to the Parties.
Appears in 1 contract
Samples: Settlement Agreement