Common use of Settlement Fund Clause in Contracts

Settlement Fund. All funds held in escrow 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 such funds shall be disbursed pursuant to the Stipulation and/or further order of the Court.

Appears in 5 contracts

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

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Settlement Fund. All funds held in escrow 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 such the funds shall be are disbursed pursuant to the Stipulation and/or further order of the Court.

Appears in 4 contracts

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

Settlement Fund. All funds held in escrow by 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 such funds shall be disbursed distributed pursuant to the Stipulation and/or further order of the Court.

Appears in 2 contracts

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

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Settlement Fund. All funds held in escrow by 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 Court, until such time as such funds shall be disbursed distributed pursuant to the Stipulation and/or further order order(s) of the Court.

Appears in 1 contract

Samples: Class Action Settlement Agreement

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