Common use of Preliminary Approval of Settlement Agreement Clause in Contracts

Preliminary Approval of Settlement Agreement. 1. The Court finds for the purposes of preliminary approval, that the proposed Settlement in the above-captioned case, as set forth in the Parties’ Settlement Agreement, is fair, reasonable, adequate, and in the best interest of the Class. The Court further finds that the Settlement was entered into at arm’s length by highly experienced counsel. The Court therefore preliminarily approves the proposed Settlement.

Appears in 1 contract

Samples: Class Action Settlement Agreement

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Preliminary Approval of Settlement Agreement. 1. The Court finds for the purposes of preliminary approval, approval that the proposed Settlement in the above-captioned casesettlement, as set forth in the Parties’ Settlement Agreement, is fair, reasonable, adequate, and in the best interest interests of the Class. The Court further finds that the Settlement was entered into at arm’s length by highly experienced counselcounsel and with the assistance of a highly experienced and respected mediator. The Court therefore preliminarily approves the proposed Settlement.

Appears in 1 contract

Samples: Settlement Agreement and General Release

Preliminary Approval of Settlement Agreement. 1The Court preliminarily approves the Settlement Agreement and the terms and conditions set forth therein, including the release contained therein, as being fair, reasonable, and adequate as to the Settlement Class (as defined below in paragraph 3). The Court finds for the purposes of preliminary approval, that the proposed Settlement in the above-captioned case, as set forth in the Parties’ Settlement Agreement, is fair, reasonable, adequate, and in the best interest of the Class. The Court further finds that the Settlement Agreement was entered into at arm’s arm’s-length by highly experienced counsel. The Court therefore preliminarily approves counsel and is sufficiently within the proposed Settlementrange of reasonableness that notice of the Settlement Agreement should be given as provided in this Order.

Appears in 1 contract

Samples: Stipulation and Agreement

Preliminary Approval of Settlement Agreement. 1. The Court finds for the purposes of preliminary approval, that the proposed Settlement settlement in the above-captioned case, case as set forth in the Parties’ Settlement Agreement, is fair, reasonable, adequate, and in the best interest of the Class. The Court further finds that the Settlement was entered into at arm’s length by highly experienced counsel. The Court therefore preliminarily approves the proposed Settlement.

Appears in 1 contract

Samples: Class Action Settlement Agreement

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Preliminary Approval of Settlement Agreement. 1. The Court finds for the purposes of preliminary approval, that the proposed Settlement in the above-captioned casesettlement, as set forth in the Parties’ Settlement Agreement, is fair, reasonable, adequate, and in the best interest of the Class. The Court further finds that the Settlement was entered into at arm’s length by highly experienced counsel. The Court therefore preliminarily approves the proposed Settlement.

Appears in 1 contract

Samples: Class Action Settlement Agreement

Preliminary Approval of Settlement Agreement. 1. The Court finds for the purposes of preliminary approval, that the proposed Settlement in the above-captioned casesettlement, as set forth in the Parties’ Settlement Agreement, is fair, reasonable, adequate, and in the best interest interests of the Class. The Court further finds that the Settlement settlement was entered into at arm’s length by highly experienced counsel. The Court therefore preliminarily approves the proposed Settlementsettlement.

Appears in 1 contract

Samples: Class Action Settlement Agreement

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