Settlement Class Relief. 17 In consideration of a full, complete, and final settlement of the Action, and the Releases in 18 Section 7 below, and subject to the Court’s approval, the Parties agree to the following relief:
Settlement Class Relief. The Parties agree as follows:
Settlement Class Relief. 1. KFB will cease to use the “Dual Purpose Notice” for its automobile policies as of November 15, 2021, and will agree that it will not use a “Dual Purpose Notice” for its automobile policies for a period of at least three years thereafter unless specifically permitted to do so by applicable Kentucky regulatory, statutory, or other legal authority.
2. To those Settlement Class Members who submit a timely Claim Form (attached as Ex. D) and had their policy purportedly cancelled at any time from July 6, 2009 to November 15, 2021 for failure to pay their premium in accordance with the due date provided for on the “Dual Purpose Notice,” KFB will provide a check in the amount of $10.00 (“Settlement Award”). For policies where there was more than one named insured listed and more than one Settlement Class Member submits a timely and otherwise valid Claim Form, the Settlement Award will be divided pro rata among the Settlement Class Members.
Settlement Class Relief. In consideration for the Releases set forth in this Agreement, Defendant shall provide the following consideration:
Settlement Class Relief. In consideration of the full, complete, and final settlement of the Action, including but not limited to the claims set forth in the Second Amended Complaint, pursuant to the terms of this Settlement Agreement, dismissal of the Action with prejudice, and the Releases in Section VII.B. below, and subject to the District Court’s approval, the Parties agree to the following relief:
Settlement Class Relief. The proposed Claim Settlement Payments to Class Members and the settlement consideration, as identified in Section 4 of the Agreement, is approved on a preliminary basis as fair, reasonable, and adequate. The Settlement Classes shall be defined as: All Class Members within either the Tennessee Settlement Class or Mississippi Settlement Class, but excluding (i) policyholders whose claims arose under policy forms, endorsements, or riders expressly permitting Nonmaterial Depreciation within the text of the policy form, endorsement or rider (i.e., by express use of the words “depreciation” and “labor”); (ii) policyholders who received an initial ACV Payment for claims, but not replacement cost value payments, that exhausted the applicable limits of insurance; (iii) policyholders whose claims were denied or abandoned without ACV Payment; (iv) Defendant and its officers and directors; (v) members of the judiciary and their staff to whom this action is assigned and their immediate families; and (vi) Class Counsel and their immediate families (collectively, “Exclusions”).
Settlement Class Relief. The proposed Claim Settlement Payments to Class Members and the settlement consideration, as identified in Sections 4, 6, and 7 of the Agreement, is approved on a preliminary basis as fair, reasonable, and adequate.
Settlement Class Relief. The proposed Claim Settlement Payments to Class Members and the settlement consideration, as identified in Sections 4, 6, and 7 of the Agreement, is approved on a preliminary basis as fair, reasonable, and adequate. The Settlement Class shall be defined as: All Class Members within either the Tennessee Settlement Class or Mississippi Settlement Class, but excluding (i) policyholders whose claims arose under policy forms, endorsements, or riders expressly permitting Nonmaterial Depreciation within the text of the policy form, endorsement or rider (i.e., by express use of the words “depreciation” and “labor”); (ii) policyholders who received one or more ACV Payments for claims, but not replacement cost value payments, that exhausted the applicable limits of insurance; (iii) policyholders whose claims were denied or abandoned without ACV Payment; (iv) Defendants and their officers and directors;
Settlement Class Relief. The proposed Claim Settlement Relief to RoundPoint Settlement Class Members, as identified in Section 4 of the Settlement Agreement, is approved on a preliminary basis as fair, reasonable, and adequate. The RoundPoint Settlement Class shall consist of: All borrowers with mortgage loans secured by property in the United States who, within the Settlement Class Period (as defined below), were charged by RoundPoint under an LPI Policy for Residential Property, and who, within the Settlement Class Period, either (i) paid to RoundPoint the Net Premium for that LPI Policy or (ii) did not pay to and still owe RoundPoint the Net Premium for that LPI Policy. Excluded from the Class are: (i) individuals who are or were during the Settlement Class Period officers or directors of any Defendant in the Litigation or any of their respective Affiliates; (ii) any justice, judge, or magistrate judge of the United States or any State, their spouses, and persons within the third degree of relationship to either of them, or the spouses of such persons; (iii) borrowers whose LPI Policy was cancelled in its entirety such that any premiums charged and/or collected were fully refunded to the borrower’s escrow account; and, (iv) all borrowers who file a timely and proper request to be excluded from the Settlement Class. The Settlement Class Period shall commence on November 1, 2012, and shall continue through and including the date of entry of this Order.
Settlement Class Relief. The proposed Claim Settlement Relief to Settlement Class Members, as identified in Section 4 of the Settlement Agreement, is approved on a preliminary basis as fair, reasonable, and adequate. The Settlement Class shall consist of: All seafarer-employees who were physically present on the Grand Celebration for at least one day anytime between March 18, 2020 until August 20, 2020 and were (1) terminated such that severance is due under their employment contracts and/or (2) were employed and performed a designated job at Defendants’ request. “Seafarer- employees” shall not include deck and engine employees and independent contractors, Cruise Defendants’ corporate officers or corporate directors.
