Common use of Settlement Fund Clause in Contracts

Settlement Fund. The contents of the Settlement Fund held by Citibank, N.A. (which the Court approves as the Escrow Agent) shall be deemed and considered to be in custodia legis of the Court, and shall remain subject to the jurisdiction of the Court, until such time as they shall be distributed pursuant to the Stipulation and/or further order(s) of the Court.

Appears in 7 contracts

Samples: Stipulation and Agreement of Settlement, Stipulation and Agreement of Settlement, Stipulation and Agreement of Settlement

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Settlement Fund. The contents of the Settlement Fund held by Citibank, N.A. (which the Court approves as the Escrow Agent) shall be deemed and considered to be in custodia legis of the Courtlegis, and shall remain subject to the jurisdiction of the Court, until such time as they shall be distributed pursuant to the Stipulation and/or further order(s) of the Court.

Appears in 2 contracts

Samples: Stipulation and Agreement of Settlement, Stipulation and Agreement of Settlement

Settlement Fund. The contents of the Settlement Fund held by Citibank, N.A. (which the Court approves as the Escrow Agent) shall be deemed and considered to be in custodia legis of the Court, and shall remain subject to the jurisdiction of the Court, until such time as they shall be distributed pursuant to the Stipulation and/or further order(s) of the Court.custodia

Appears in 1 contract

Samples: Stipulation of Settlement

Settlement Fund. The contents of the Settlement Fund held by Citibank, Citibank N.A. (Private Bank) (which the Court approves as the Escrow Agent) shall be deemed and considered to be in custodia legis of the Court, and shall remain subject to the jurisdiction of the Court, until such time as they shall be distributed pursuant to the Stipulation and/or further order(s) of the Court.

Appears in 1 contract

Samples: Settlement Agreement

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Settlement Fund. The contents of the Settlement Fund held by Citibank, N.A. (which the Court approves as the Escrow Agent) shall be deemed and considered to be in custodia legis of the Court, Court and shall remain subject to the jurisdiction of the Court, until such time as they shall be distributed pursuant to the Stipulation and/or further order(s) of the Court.

Appears in 1 contract

Samples: Settlement Agreement

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