Class Settlement Notice Sample Clauses

The Class Settlement Notice clause outlines the requirement and process for notifying all members of a class action lawsuit about the terms and implications of a proposed settlement. Typically, this clause specifies the method of notification—such as mail, email, or publication—and details the information that must be included, like the settlement amount, rights of class members, and deadlines for objections or opting out. Its core function is to ensure that all affected individuals are adequately informed and given the opportunity to participate in, object to, or exclude themselves from the settlement, thereby upholding fairness and due process in class action proceedings.
Class Settlement Notice. The Class Settlement Notice shall conform to all applicable requirements of the Federal Rules of Civil Procedure, the United States Constitution (including the Due Process Clauses), and any other applicable law, and shall otherwise be in the manner and form agreed upon by the Parties and approved by the Court.
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Class Settlement Notice. The Parties will propose the following notice plan for the Court’s approval: 1. Within three weeks of the Court’s preliminary approval of the Class-wide Settlement, the Parties will provide the Court with a joint proposed Class Notice, and if they cannot agree, their respective versions. The Class Notice shall include a website address linking to any further information that Class Counsel wish to provide. 2. After approval of a Class Notice by the Court, the Petitioners will provide an Arabic translation of the Notice to Respondents. 3. Within three weeks of the Court’s approval of the Class Notice, the notice shall be given to Class Members via the following: a. ICE will provide the English and Arabic versions of the Class Notice to all Detained Class Members. b. ICE will send the Class Notice as First Class mail to all Non-Detained Class Members at the address on file with ICE, except that Class Notice need not be sent to Class Members who have been removed from or departed the United States. c. ICE will send the Class Notice by email to the last known attorney of record on file with ICE for each Class Member who has not been removed or departed the United States. d. The ACLU of Michigan will post the Class Notice on its website.
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Class Settlement Notice. Within fifteen (15) calendar days of the Court’s entry of a Preliminary Approval Order, Class Counsel will send the Class Settlement Notice (attached hereto as Exhibit A) to all Class Members. The Class Settlement Notice shall be sent to Class Members by first class U.S. Mail.
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Class Settlement Notice. “Class Settlement Notice” means the Notice of 22 Settlement of Class Action to be mailed to Class Members. The Class Settlement Notice shall be 23 substantially in the form of Exhibit A hereto.
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Class Settlement Notice. The Class Settlement Notice shall inform Class members (1) of the nature of the suit, (2) the terms of the Settlement, (3) the definition of the Class, (4) the Class claims, issues, or defenses, (5) the options of the Class members for responding by submitting a claim, opting out of the Settlement, submitting an objection to the Settlement, filing a motion to intervene, entering an appearance through an attorney if the Class member so desires, or doing nothing, and the consequences of doing so, (6) the time and manner in which the Class members must act, as specified in Paragraphs 19.0, 24.0 and 25.0, and (7) the binding effect of a Class judgment on the Class members. A form of a proposed Class Settlement Notice is attached as Exhibit B to this Agreement. The cost of Class Settlement Notice shall be borne by the Village.
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Class Settlement Notice. Subject to Court approval, the Parties agree that as soon 2 as practicable after entry of the Preliminary Approval Order, the Settlement Administrator shall 3 provide notice to the Class in English and in Spanish pursuant to the following procedures:
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Class Settlement Notice 
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Related to Class Settlement Notice

  • Gross Settlement Amount Except as otherwise provided by Paragraph 8 below, Defendant promises to pay $1,110,000.00 as the Gross Settlement Amount. Defendant will separately pay the employer's share of payroll taxes on the Wage Portion of the Individual Class Payments. Defendant has no obligation to pay the Gross Settlement Amount prior to the deadline stated in Paragraph 4.3 of this Agreement. The Administrator will disburse the entire Gross Settlement Amount without asking or requiring Participating Class Members or Aggrieved Employees to submit any claim as a condition of payment. None of the Gross Settlement Amount will revert to Defendant.

  • Cash Settlement If Cash Settlement is applicable to any Option exercised or deemed exercised hereunder, in lieu of Section 8.1 of the Equity Definitions, Dealer will pay to Counterparty, on the relevant Settlement Date for each such Option, an amount of cash (the “Cash Settlement Amount”) equal to the sum, for each Valid Day during the Settlement Averaging Period for such Option, of (i) the Daily Option Value for such Valid Day, divided by (ii) the number of Valid Days in the Settlement Averaging Period.

  • The Settlement Following mediation with a neutral party, a Settlement has been reached. As part of the Settlement, a Qualified Settlement Fund of $39,500,000 will be established to resolve the Class Action. The Net Settlement Amount is $39,500,000 minus any Administrative Expenses (including taxes and tax expenses), Court-approved Attorneys’ Fees and Costs, and Class Representative Compensation. The Net Settlement Amount will be allocated to Class Members according to a Plan of Allocation to be approved by the Court.

  • Net Share Settlement If Net Share Settlement is applicable to any Option exercised or deemed exercised hereunder, Dealer will deliver to Counterparty, on the relevant Settlement Date for each such Option, a number of Shares (the “Net Share Settlement Amount”) equal to the sum, for each Valid Day during the Settlement Averaging Period for each such Option, of (i) (a) the Daily Option Value for such Valid Day, divided by (b) the Relevant Price on such Valid Day, divided by (ii) the number of Valid Days in the Settlement Averaging Period; provided that in no event shall the Net Share Settlement Amount for any Option exceed a number of Shares equal to the Applicable Limit for such Option divided by the Applicable Limit Price on the Settlement Date for such Option. Dealer will pay cash in lieu of delivering any fractional Shares to be delivered with respect to any Net Share Settlement Amount valued at the Relevant Price for the last Valid Day of the Settlement Averaging Period.

  • Funding of Gross Settlement Amount Defendant shall fully fund the Gross Settlement Amount, and also fund the amounts necessary to fully pay Defendant’s share of payroll taxes by transmitting the funds to the Administrator no later than 14 days after the Effective Date.