Preliminary Approval of Proposed Settlement Agreement Sample Clauses

Preliminary Approval of Proposed Settlement Agreement. The Court finds that, 18 subject to the fairness hearing, the proposed Settlement Agreement is fair, reasonable, 19 adequate, and within the range of possible approval considering the possible damages at issue 20 and defenses to overcome. The Court also finds that the Settlement Agreement: (a) is the 21 result of serious, informed, non-collusive, arms-length negotiations, involving experienced 22 counsel familiar with the legal and factual issues of this case; and (b) meets all applicable 23 requirements of law, including Federal Rule of Civil Procedure 23, and the Class Action 24 Fairness Act (“CAFA”), 28 U.S.C. § 1715. Therefore, the Court grants preliminary approval 25 of the Settlement.
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Preliminary Approval of Proposed Settlement Agreement. The Court has conducted a preliminary evaluation of the proposed settlement as set forth in the Settlement Agreement for fairness, adequacy, and reasonableness. Based on this preliminary evaluation, the Court finds that:
Sample 1
Preliminary Approval of Proposed Settlement Agreement. The Court finds that, subject to the 17 range of possible approval considering the possible damages at issue and defenses to overcome. The Court 18 also finds that the Settlement Agreement: (a) is the result of serious, informed, non-collusive, arms-length 19 negotiations, involving experienced counsel familiar with the legal and factual issues of this case and made
Sample 1
Preliminary Approval of Proposed Settlement Agreement. The Court has conducted a preliminary evaluation of the proposed settlement as set forth in the Settlement Agreement for fairness, adequacy, and reasonableness. Based on this preliminary evaluation, the Court finds that: (a) the proposed Settlement Agreement is fair, reasonable, and adequate, and within the range of possible approval; (b) the Settlement Agreement has been negotiated in good faith at arms’ length between experienced attorneys familiar with the legal and factual issues of this case aided by an experienced and neutral third-party mediator; and (c) with respect to the forms of notice of the material terms of the Settlement Agreement to persons in the Settlement Class for their consideration and reaction (Exhibit B to the Settlement Agreement), that notice is appropriate and reasonable. Therefore, the Court grants preliminary approval of the Settlement, as follows.
Sample 1
Preliminary Approval of Proposed Settlement Agreement. The Court 18 has conducted a preliminary evaluation of the Settlement as set forth in the 19 Agreement for fairness, adequacy, and reasonableness. Based on this preliminary 20 evaluation, the Court finds that: (i) the Agreement is fair, reasonable, and adequate, 21 and within the range of possible approval considering the possible damages at issue 22 and defenses to overcome; (ii) the Agreement has been negotiated in good faith at 23 arm’s length between experienced attorneys familiar with the legal and factual 24 issues of this case, and utilizing the assistance of a mediator; and (iii) with respect 25 to the forms of notice of the material terms of the Agreement to Settlement Class 26 Members for their consideration and reaction (Ex B to the Agreement), that notice 27 is appropriate and warranted. Therefore, the Court grants preliminary approval of 28 the Settlement. Case 3:15-cv-00165-L-AGS Document 232-8 Filed 03/06/20 PageID.10701 Page 37 of 87
Sample 1
Preliminary Approval of Proposed Settlement Agreement. The Court finds that, subject to 16 the Final Approval hearing, the proposed Settlement Agreement is fair, reasonable, adequate, and within the 17 range of possible approval considering the possible damages at issue and defenses to overcome. The Court 18 also finds that the Settlement Agreement: (a) is the result of serious, informed, non-collusive, arms-length 19 negotiations, involving experienced counsel familiar with the legal and factual issues of this case and made 20 with the assistance and mediation services of Xxx. Xxxxxx X. Infante (Xxx.), Xxx. Xxxxx X. Holderman 21 (Xxx.), and Chief Magistrate Judge Xxxxxx X. Xxxxx; and (b) meets all applicable requirements of law, 22 including Federal Rule of Civil Procedure 23, and the Class Action Fairness Act (“CAFA”), 28 U.S.C. § 23 1715. Therefore, the Court grants preliminary approval of the Settlement.
Sample 1

Related to Preliminary Approval of Proposed Settlement Agreement

  • PRELIMINARY APPROVAL OF SETTLEMENT 3. Promptly upon execution of this Stipulation, Lead Plaintiffs will move for preliminary approval of the Settlement, certification of the Settlement Class for settlement purposes only, and the scheduling of a hearing for consideration of final approval of the Settlement, which motion shall be unopposed by Defendants. Concurrently with the motion for preliminary approval, Lead Plaintiffs shall apply to the Court for, and Defendants shall agree to, entry of the Preliminary Approval Order, substantially in the form attached hereto as Exhibit A. RELEASE OF CLAIMS

  • Preliminary Approval Order “Preliminary Approval Order” means the order of the Court preliminarily approving this Settlement Agreement.

  • Final Approval Order 62. The Parties shall jointly seek entry of a Final Approval Order, the text of which the Parties shall agree upon. The dismissal orders, motions or stipulation to implement this Section shall, among other things, seek or provide for a dismissal with prejudice and waiving any rights of appeal.

  • Preliminary Approval Within a reasonable time after execution of this Settlement Agreement by the Parties, Plaintiff shall apply to the Court for the entry of an Order:

  • Approval of Agreement The Board of Directors of the Company has authorized the execution and delivery of this Agreement by the Company and has approved this Agreement and the transactions contemplated hereby.

  • Authority to Enter Into Settlement Agreement 5.1 CAG represents that its signatory to this Settlement Agreement has full authority to enter into and legally bind CAG to this Settlement Agreement.

  • Effect of non-approval of proposals (6) Notwithstanding that under subclause (1) any proposals of the Company are approved by the Minister or determined by arbitration award, unless each and every such proposal and matter is so approved or determined by 31 October 1992 or by such extended date or period if any as the Company shall be granted pursuant to the provisions of this Agreement then the Minister may give to the Company 12 months notice of intention to determine this Agreement and unless before the expiration of the said 12 months period all the detailed proposals and matters are so approved or determined this Agreement shall cease and determine subject however to the provisions of Clause 35. Implementation of proposals

  • Approval/Non-Approval We will notify you whether your Application has been approved or denied within 14 days after the date we receive a completed Application. Notification may be in person or by mail or telephone unless you have requested that notification be by mail. You must not assume approval until you receive actual notice of approval. The 14-day time period may be changed only by separate written agreement.

  • PROCEDURE FOR APPROVAL OF SETTLEMENT 28. Acceptance of this Settlement Agreement shall be sought at a hearing of the Central Regional Council of the MFDA on a date agreed to by counsel for Staff and the Respondent.

  • Settlement Approval The approval of the Master Servicer need not be requested for disposition of insurance loss settlements and the Servicer may disburse the loss proceeds as provided herein.

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