Examples of State Fund in a sentence
Class Members agree not to file a lawsuit in any court alleging any of the Released Claims, or participate as a party or a class member in any administrative or other legal proceedings, in any forum, against State Fund or the Released Parties, for any Released Claims under this Settlement Agreement.
Each Settlement Class Member’s Settlement Payment will be calculated by the Claims Administrator as a pro rata share of the Settlement Fund in a proportion equal to the Settlement Class Members’ share of the total Additional Premiums paid to State Fund between March 1, 2013 and the date of preliminary approval as a result of a tier surcharge in excess of 1.0 using the methodology set forth in Section 2.4.5(b).
This Settlement Agreement shall be binding upon the Parties hereto and their spouses, heirs, administrators, representatives, executors, successors and assigns, and shall inure to the benefit of State Fund and the Released Parties, and their predecessors, successors, affiliates, subsidiaries, parent companies, partners, current and past employees, insurers, agents, legal representatives, each of which is entitled to enforce this Settlement Agreement.
Nothing contained herein, nor the consummation of this Settlement Agreement, is to be construed or deemed an admission of liability, culpability, negligence, or wrongdoing on the part of State Fund or any of the Released Parties, and they expressly deny liability or wrongdoing.
As soon as practicable after execution of this Settlement Agreement, Xxxxxxxx Counsel and Xxxxxx Counsel shall, with the assistance and cooperation of State Fund and its counsel, take all necessary steps to secure the Court’s Final Approval of this Settlement Agreement.