Common use of Preliminary Approval of Settlement Agreement Clause in Contracts

Preliminary Approval of Settlement Agreement. 1. The Court finds for the purposes of preliminary approval, that the proposed settlement, as set forth in the Parties’ Settlement Agreement, is fair, reasonable, adequate, and in the best interest of the Class. The Court further finds that the Settlement was entered into at arm’s length by highly experienced counsel. The Court therefore preliminarily approves the proposed Settlement.

Preliminary Approval of Settlement Agreement. 1. The Court finds for the purposes of preliminary approval, approval that the proposed settlement, as set forth in the Parties’ Settlement Agreement, is fair, reasonable, adequate, and in the best interest interests of the Class. The Court further finds that the Settlement was entered into at arm’s length by highly experienced counselcounsel and with the assistance of a highly experienced and respected mediator. The Court therefore preliminarily approves the proposed Settlement.

Preliminary Approval of Settlement Agreement. 1. The Court finds for the purposes of preliminary approval, that the proposed settlementSettlement in the above-captioned case, as set forth in the Parties’ Settlement Agreement, is fair, reasonable, adequate, and in the best interest of the Class. The Court further finds that the Settlement was entered into at arm’s length by highly experienced counsel. The Court therefore preliminarily approves the proposed Settlement.

Preliminary Approval of Settlement Agreement. 1. The Court finds for the purposes of preliminary approval, that the proposed settlement, as set forth in the Parties’ Settlement Agreement, is fair, reasonable, adequate, and in the best interest interests of the Class. The Court further finds that the Settlement settlement was entered into at arm’s length by highly experienced counsel. The Court therefore preliminarily approves the proposed Settlementsettlement.

Preliminary Approval of Settlement Agreement. 1. The Court finds for the purposes of preliminary approval, that the proposed settlement, settlement in the above-captioned case as set forth in the Parties’ Settlement Agreement, is fair, reasonable, adequate, and in the best interest of the Class. The Court further finds that the Settlement was entered into at arm’s length by highly experienced counsel. The Court therefore preliminarily approves the proposed Settlement.