Settlement Administrator’s Declaration Clause Samples
The Settlement Administrator’s Declaration is a clause that requires the settlement administrator to formally attest to the actions taken in administering a settlement. Typically, this involves submitting a written statement to the court or parties, detailing steps such as distributing settlement funds, notifying class members, and handling claims. This clause ensures transparency and accountability in the settlement process by providing an official record of the administrator’s compliance with the settlement terms.
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Settlement Administrator’s Declaration. No later than fourteen
Settlement Administrator’s Declaration. No later than fourteen (14) calendar days after the Response Deadline, or on a date mutually agreed upon by the Parties and the Settlement Administrator, the Settlement Administrator will serve on the Parties a declaration of due diligence setting forth its compliance with its obligations under this Agreement. The declaration from the Settlement Administrator shall also be filed with the Court by Class Counsel at the same time as the final approval motion is filed. Before the Final Approval hearing, the Settlement Administrator will supplement its declaration of due diligence if any material changes occur from the date of the filing of its prior declaration.
Settlement Administrator’s Declaration. No later than seven (7) calendar days after the Response Deadline, the Settlement Administrator will serve on the Parties a declaration of due diligence setting forth its compliance with its obligations under this Agreement, including the number of requests for exclusion and objections received, the estimated Individual Settlement