Common use of Custody of Settlement Fund Clause in Contracts

Custody of Settlement Fund. The Settlement Fund shall be deposited in to the Escrow Account but shall remain subject to the jurisdiction of the Court until such time as the entirety of the Settlement Fund is distributed pursuant to this Settlement Agreement or returned to those who paid the Settlement Fund in the event this Settlement Agreement is voided, terminated, or cancelled.

Appears in 3 contracts

Samples: Class Action Settlement Agreement and Release, Class Action Settlement Agreement and Release, Class Action Settlement Agreement and Release

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Custody of Settlement Fund. The Settlement Fund shall be deposited held in to the Escrow Account but shall will be deemed to be in the custody of the Court and will remain subject to the jurisdiction of the Court until such time and will be administered in accordance with the terms of this Settlement Agreement and the Orders of the Court. Except as the entirety of provided herein, the Settlement Fund is distributed will not be paid to the Class Members pursuant to this Settlement Agreement or returned to those who paid the Settlement Fund in Plan of Allocation until the event this Settlement Agreement is voided, terminated, or cancelledFinal Order becomes Non-Appealable.

Appears in 2 contracts

Samples: assets-global.website-files.com, assets-global.website-files.com

Custody of Settlement Fund. The Settlement Fund shall be deposited held in to the Escrow Account but shall will be deemed to be in the custody of the Court and will remain subject to the jurisdiction of the Court until such time and will be administered in accordance with the terms of this Settlement Agreement and the Orders of the Court. Except as the entirety of provided herein, the Settlement Fund is distributed pursuant to this Settlement Agreement will not be released from the Escrow Account until the Final Order becomes Non-Appealable or returned to those who paid the Settlement Fund is terminated in the event accordance with this Settlement Agreement is voided, terminated, or cancelledAgreement.

Appears in 1 contract

Samples: assets-global.website-files.com

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Custody of Settlement Fund. The Settlement Fund shall be deposited held in to the Escrow Account but shall remain subject to will be administered in accordance with the jurisdiction terms of this Settlement Agreement and the Orders of the Court until such time Court. Except as the entirety of provided herein, the Settlement Fund is distributed will not be paid to the Class Members pursuant to this Settlement Agreement or returned to those who paid the Settlement Fund in Plan of Allocation until the event this Settlement Agreement is voided, terminated, or cancelledFinal Approval Order becomes Non- Appealable.

Appears in 1 contract

Samples: docs.simpluris.com

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