Common use of Releasees Have No Liability for Administration Clause in Contracts

Releasees Have No Liability for Administration. (1) The Releasees have no responsibility, financial obligations or liability whatsoever with respect to (i) the administration of the Settlement Agreement, including the Distribution Protocol, and (ii) the investment, distribution or administration of monies in the Trust Account including, but not limited to, Administration Expenses and Class Counsel Fees, except as provided for in Section 4.3(1).

Appears in 2 contracts

Samples: Canadian Drywall Class Actions National Settlement Agreement, Canadian Drywall Class Actions National Settlement Agreement

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Releasees Have No Liability for Administration. (1) The Releasees have no responsibility, financial obligations or liability whatsoever with respect to (i) the administration of the Settlement Agreement, including the Distribution Protocol, and (ii) the investment, distribution or administration of monies in the Trust Account including, but not limited to, Administration Expenses and Class Counsel Fees, except as provided for in Section 4.3(15.3(1).

Appears in 1 contract

Samples: Canadian Drywall Class Actions National Settlement Agreement

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Releasees Have No Liability for Administration. Except as provided in sections 17.2 (14) The and (6), the Releasees have no responsibility, financial obligations or responsibility for and no liability whatsoever with respect to (i) the administration of the Settlement Agreement, including the Distribution Protocol, processing and (ii) payment of claims by the investment, distribution Administrator and the acts or administration omissions of monies in the Trust Account including, but not limited to, Administration Expenses and Class Counsel Fees, except as provided for in Section 4.3(1)Escrow Agent.

Appears in 1 contract

Samples: National Settlement Agreement

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