Taxes on Interest. (1) Except as expressly provided herein, all interest earned on the Settlement Amount shall accrue to the benefit of the Class and shall become and remain part of the Escrow Settlement Funds in the Escrow Account.
Appears in 5 contracts
Samples: Class Action Settlement Agreement, Class Action Settlement Agreement, Class Action Settlement Agreement
Taxes on Interest. (1) Except as expressly provided herein, herein all interest earned on the Settlement Amount shall accrue to the benefit of the Class and shall become and remain part of the Escrow Settlement Funds in the Escrow Account.
Appears in 3 contracts
Samples: Settlement Agreement, Litigation Settlement Agreement, Litigation Settlement Agreement
Taxes on Interest. (1) 1.12 Except as expressly provided herein, all interest earned on the Settlement Amount shall accrue to the benefit of the Class and shall become and remain part of the Escrow Settlement Funds Amount in the Escrow Account.
Appears in 2 contracts
Samples: Settlement Agreement, Settlement Agreement
Taxes on Interest. (1) Except as expressly provided herein, all interest earned on the Settlement Amount Funds shall accrue to the benefit of the Class and shall become and remain part of the Escrow Settlement Funds in the Escrow AccountTrust.
Appears in 2 contracts
Samples: Securities Litigation Settlement Agreement, Securities Litigation Settlement Agreement
Taxes on Interest. (1) 1.10 Except as expressly provided herein, all interest earned on the Settlement Amount shall accrue to the benefit of the Class and shall become and remain part of the Escrow Settlement Funds Amount in the Escrow Account.
Appears in 1 contract
Samples: Settlement Agreement
