Common use of Sole Monetary Contribution Clause in Contracts

Sole Monetary Contribution. The Settlement Payment shall be the full and sole monetary contribution and consideration made by or on behalf of Defendants’ Releasees in connection with the Action and the Settlement. The Settlement Payment specifically satisfies any and all claims for costs and attorneys’ fees by Class Counsel, Case Contribution Award to Named Plaintiffs, Settlement Administration Expenses, and Taxes, in addition to any amounts to be distributed to Settlement Class members pursuant to this Settlement Stipulation. Except as set forth in Section 12, as otherwise specified in this Settlement Stipulation, or as provided for in any applicable contract of insurance, the Parties shall bear their own costs and expenses (including attorneys’ fees) in connection with effectuating the Settlement and securing all necessary Court orders and approvals with respect to same.

Appears in 2 contracts

Samples: Class Action Settlement Agreement and Release, Class Action Settlement Agreement and Release

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Sole Monetary Contribution. The Settlement Payment shall be the full and sole monetary contribution and consideration made by or on behalf of Defendants’ Releasees in connection with the Action and the Settlement. The Settlement Payment specifically satisfies any and all claims for costs and attorneys’ fees by Class Counsel, Case Contribution Award to Named Plaintiffs, Settlement Administration Expenses, and Taxes, in addition to any amounts to be distributed to Settlement Class members pursuant to this Amended Settlement Stipulation. Except as set forth in Section 12, as otherwise specified in this Amended Settlement Stipulation, or as provided for in any applicable contract of insurance, the Parties shall bear their own costs and expenses (including attorneys’ fees) in connection with effectuating the Settlement and securing all necessary Court orders and approvals with respect to same.

Appears in 2 contracts

Samples: Action Settlement Agreement and Release, Action Settlement Agreement and Release

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Sole Monetary Contribution. The Settlement Payment shall be the full and sole monetary contribution and consideration made by or on behalf of Defendants’ Releasees in connection with the Action and the Settlement. The Settlement Payment specifically satisfies any and all claims for costs and attorneys’ fees by Class Counsel, Case Contribution Award to Named Plaintiffs, Settlement Administration Expenses, and Taxes, in addition to any amounts to be distributed to Settlement Class members pursuant to this Settlement Stipulation. Except as set forth in Section 12, as otherwise specified in this Settlement Stipulation, or as provided for in any applicable contract of insurance, the Parties shall bear their own costs and expenses (including attorneys’ fees) in connection with effectuating the Settlement and securing all necessary Court orders and approvals with respect to same.

Appears in 1 contract

Samples: Class Action Settlement Agreement

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