Common use of Settlement Class and Common Issue Clause in Contracts

Settlement Class and Common Issue. (1) The Parties agree that the Ontario and Quebec Proceedings shall be certified or authorized as class proceedings as against the Settling Defendants solely for purposes of settlement of the Proceedings and the approval of this Settlement Agreement by the Ontario and Quebec Courts, and such certification or authorization shall not be used or relied on as against the Settling Defendants for any other purpose. (2) The Plaintiffs agree that, in the motions for certification or authorization of the Ontario and Quebec Proceedings as class proceedings for settlement purposes and for the approval of this Settlement Agreement, the only common issue that they will seek to define is the Common Issue and the only classes that they will assert are the Settlement Classes.

Appears in 6 contracts

Samples: Settlement Agreement, Settlement Agreement, Settlement Agreement

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