Common use of Notice Program Clause in Contracts

Notice Program. The Parties hereto shall use their best efforts to ensure that Notice of this Severed Settlement be given as part of the notice of a settlement with the Fund Family Defendants. The Parties shall use reasonable efforts to cooperate in formulating the most efficient and cost effective Notice program for the Class that satisfies Rule 23 of the Federal Rules of Civil Procedure, the PSLRA and due process, and the most efficient and cost effective Notice program with respect to the settlement of the Derivative Action that satisfies applicable rules and due process, and that takes into account the unique burdens and difficulties of noticing the Class and the settlement of the Derivative Action. Any disputes as to the most appropriate form of Notice shall be resolved by the Court or its designee.

Notice Program. The Parties hereto shall use their best efforts to ensure that Notice of this Severed Settlement be given as part of the notice of a the settlement with the Fund Family Allianz Defendants. The Parties shall use reasonable efforts to cooperate in formulating the most efficient and cost effective Notice program for the Class that satisfies Rule 23 of the Federal Rules of Civil Procedure, the PSLRA and due process, and the most efficient and cost effective Notice program with respect to the settlement of the Derivative Action that satisfies applicable rules and due process, and that takes into account the unique burdens and difficulties of noticing the Class and the settlement of the Derivative Action. Any disputes as to the most appropriate form of Notice shall be resolved by the Court or its designee.