SETTLEMENT CONSIDERATION – THE QUALIFIED SETTLEMENT FUND. 10.1. The Qualified Settlement Fund is an account maintained at the Financial Institution which account shall be deemed to be in the custody of the Court and shall remain subject to the jurisdiction of the Court until such time as the funds therein are distributed pursuant to this Settlement Stipulation and/or further order(s) of the Court, and into which the Settlement Payment shall be deposited and held in escrow.
Appears in 3 contracts
Samples: Class Action Settlement Agreement and Release, Class Action Settlement Agreement, Class Action Settlement Agreement and Release
SETTLEMENT CONSIDERATION – THE QUALIFIED SETTLEMENT FUND. 10.1. The Qualified Settlement Fund is an account maintained at the Financial Institution by XXXX, which account shall be deemed to be in the custody of the Court and shall remain subject to the jurisdiction of the Court until such time as the funds therein are distributed pursuant to this Settlement Stipulation and/or further order(s) of the Court, and into which the Settlement Payment shall be deposited and held in escrow.
Appears in 2 contracts
Samples: Action Settlement Agreement and Release, Action Settlement Agreement and Release
