Common use of Taxation of Settlement Fund Clause in Contracts

Taxation of Settlement Fund. Plaintiffs acknowledge that the Defendant Released Parties have no responsibility for any taxes due on funds deposited in or distributed from the Settlement Fund, or on any funds that Plaintiffs or Class Counsel receive from the Settlement Fund, including through any Case Contribution Awards or Attorneys’ Fees and Expenses award, as applicable.

Taxation of Settlement Fund. Plaintiffs acknowledge that the Defendant 8 Released Parties have no responsibility for any taxes due on funds deposited in or distributed 9 from the Settlement Fund, or on any funds that Plaintiffs or Class Counsel receive from the 10 Settlement Fund, including through any Case Contribution Awards or Attorneys’ Fees and 11 Expenses award, as applicable.