Examples of Potential Settlement Class in a sentence
Each of the Parties hereto agrees to execute and deliver all such further documents consistent with this Agreement, and to take all such further actions consistent with this Agreement, as may be required in order to carry the provisions of this Agreement into effect, subject to Class Counsel’s obligation to protect the interests of the Potential Settlement Class Members.
Any Exclusion Letter shall identify the Potential Settlement Class Member, state that the Potential Settlement Class Member wishes to be excluded from the Agreement, and shall be signed and dated.
The Preliminary Approval/Notice Order shall provide for: Preliminary Approval of this Agreement, provisional certification of the class for settlement purposes, appointment of Class Counsel as counsel to the provisionally certified class, and the requirement that the Notice be given to the Potential Settlement Class Members as provided in Section 5, below.
The costs of providing Class Notice to Potential Settlement Class Members shall be paid by the Escrow Agent from the Settlement Fund pursuant to Sections II(C)(2) and (3).
Specifically, Potential Settlement Class Members are: all customers of Defendant who were charged an NSF fee on their accounts for a single payment submitted to Defendant for collection from June 25, 2014 through August 1, 2020, which request for collection initially was rejected for insufficient funds, but subsequently was re-presented to Defendant for collection on one or more additional occasions resulting in additional NSF and/or Overdraft Fees.
If, before the Response Deadline, an individual not previously identified as a member of the Settlement Class provides to the Settlement Administrator (a “Non-Disclosed Potential Settlement Class Member”) asserts his/her right to membership in the Settlement Class and seeks recovery under the Settlement, the Settlement Administrator shall provide all counsel with the evidence provided by the Non-Disclosed Potential Settlement Class Member.
The Class Settlement Notice shall be sent to persons on the List of Potential Settlement Class Members within 60 days after the date that the Court enters the order preliminarily approving the Settlement, or such other date that the Court may set (“Notice Deadline”).
Except as provided in Section II(F)(9)(b), Settling Defendant shall have no rights to reversion in the event that Potential Settlement Class Members request exclusion or opt out of the Class, and any Opt-Outs shall have no effect on this Settlement Agreement.
Individual notice of the Settlement Agreement to all Potential Settlement Class Members who can be identified through reasonable effort shall be mailed or emailed to the Settlement Class in conformance with a notice plan to be approved by the Court.
The mailing is to be made by first class United States mail and via email 10 for Potential Settlement Class Members where an existing email address is available, within 11 thirty (30) calendar days following the entry of the Preliminary Approval Order (the “Notice 12 Date”).