Establishment of Qualified Settlement Fund. 7.1.1. The motion seeking an Order Granting Preliminary Approval described in Paragraph 9.2.1 shall seek (1) the approval of the Escrow Agreement, (2) the authorization that the escrow account established pursuant to the Escrow Agreement be established as a “qualified settlement fund” within the meaning of Treasury Regulations § 1.468B-1, and (3) the appointment of the Special Master as the “administrator” of the Qualified Settlement Fund within the meaning of Treasury Regulations § 1.468B-2(k)(3).
Appears in 3 contracts
Samples: Class Action Settlement Agreement (Chemours Co), Class Action Settlement Agreement (DuPont De Nemours, Inc.), Class Action Settlement Agreement
Establishment of Qualified Settlement Fund. 7.1.1. The motion seeking an Order Granting Preliminary Approval described in Paragraph 9.2.1 9.1 shall seek (1) the approval of the Escrow Agreement, (2) the authorization that the escrow account established pursuant to the Escrow Agreement be established as a “qualified settlement fund” within the meaning of Treasury Regulations § 1.468B-1, and (3) the appointment of the Special Master as the “administrator” of the Qualified Settlement Fund within the meaning of Treasury Regulations § 1.468B-2(k)(3).
Appears in 2 contracts
Samples: Settlement Agreement, Settlement Agreement (Johnson Controls International PLC)