Common use of Taxation of Class Settlement Amount Clause in Contracts

Taxation of Class Settlement Amount. Plaintiff acknowledges on his own behalf, and on behalf of the Releasing Parties, that the Released Parties have no responsibility for any taxes due on funds once deposited in the Settlement Fund or that Plaintiff’s Counsel receive from the Settlement Fund, should any be awarded pursuant to Article 10 hereof. Nothing herein shall constitute an admission or representation that any taxes will or will not be due on the Settlement Fund.

Taxation of Class Settlement Amount. Plaintiff acknowledges on his own behalf, and on behalf of the Releasing Parties, that the Defendant Released Parties have no responsibility for any taxes due on funds once deposited in or distributed from the Settlement Fund or that Plaintiff’s Plaintiff or Class Counsel receive from the Settlement Fund, should any be awarded pursuant to Article 10 hereof. Nothing herein shall constitute an admission or representation that any taxes will or will not be due on the Settlement FundAmount.

Taxation of Class Settlement Amount. Plaintiff acknowledges Named Plaintiffs acknowledge on his their own behalf, and on behalf of the Releasing PartiesSettlement Class, that the Released Parties Releasees have no responsibility for any taxes due on funds once deposited in the Settlement Fund or that Plaintiff’s Settlement Class members or Class Counsel receive from the Settlement Fund, should any such funds be awarded pursuant to Article 10 in accordance with Section 10.2 hereof. Nothing herein shall constitute an admission or representation that any taxes will or will not be due on the Settlement Fund.

Taxation of Class Settlement Amount. Plaintiff acknowledges Plaintiffs acknowledge on his their own behalf, and on behalf of the Releasing PartiesSettlement Class, that the Released Parties have no responsibility for any taxes due on funds once deposited in the Settlement Fund or that Plaintiff’s Plaintiffs’ Counsel receive from the Settlement Fund, should any be awarded pursuant to Article 10 hereof. Nothing herein shall constitute an admission or representation that any taxes will or will not be due on the Settlement Fund.

Taxation of Class Settlement Amount. Plaintiff acknowledges Plaintiffs acknowledge on his their own behalf, and on behalf of the Releasing PartiesSettlement Class, that the Released Parties have no responsibility for any taxes due on funds once deposited in the Settlement Fund or that Plaintiff’s Plaintiffs’ Counsel receive from the Settlement Fund, should any fees and expenses be awarded pursuant to Article 10 hereof. Nothing herein shall constitute an admission or representation that any taxes will or will not be due on the Settlement Fund.