Settlement Consideration Sample Clauses

Settlement Consideration. 2. In consideration of the full settlement, satisfaction, compromise and release of the Released Plaintiffs’ Claims, an aggregate $115 million in cash (the “Escrow Amount”) shall be paid on behalf of the Settling Defendants to Freeport by the D&O Carriers. The Settling Defendants shall cause the Escrow Amount to be deposited by the D&O Carriers into an interest-bearing escrow account controlled by an agreed upon representative of Plaintiffs and of the Settling Defendants (the “Escrow Account”) within fifteen (15) business days after the Stipulation is submitted to the Court. Upon the Effective Date, the Escrow Amount, together with any and all interest thereon, shall be paid to Freeport from the Escrow Account. For the avoidance of doubt, the Settling Defendants shall have no obligation to deposit any portion of the Escrow Amount into the Escrow Account but shall have an obligation to take all reasonably available steps to seek to cause the D&O Carriers to deposit the Escrow Amount into the Escrow Account.
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Settlement Consideration. In consideration for the full and complete Release of all Released Claims against all Released Parties, and the dismissal of the Xxxxxx Action and Xxxxxxx Action with prejudice, Defendants agree to provide the following consideration to the Settlement Class:
Settlement Consideration. In consideration for the Settlement Agreement, entry of judgment, and dismissal, and for the mutual release provided herein, Defendants agree to provide the following consideration to the Class:
Settlement Consideration. 2.1 The Defendants shall pay the Settlement Amount into Charney’s trust account no less than thirty (30) days before the Approval Hearing.
Settlement Consideration. In consideration for the Settlement, entry of judgment, and dismissal, and for the mutual release provided herein, HMA and KMA agree to provide the following consideration to the Class:
Settlement Consideration. 60. Subject to approval by the Court, Defendants have agreed to provide the following Consideration:
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Settlement Consideration. Virpax will pay Sorrento and Scilex a total of $6 million. Virpax will pay that amount as follows: No later than two business days after the Effective Date, Virpax will wire $3.5 million to Scilex (the “Initial Payment”). By or on July 1, 2024, Virpax will wire the remaining $2.5 million to Scilex.
Settlement Consideration. In consideration of the Release provided for in Section III.I and the dismissal of the Litigation with prejudice, Defendant agrees to provide the following consideration to the Settlement Classes under the terms of the Settlement Agreement. Ford will pay all valid claims submitted, and the Settlement Agreement contains no cap on the total amount of money Ford will pay in response to valid claims submitted by Members of the Settlement Classes.
Settlement Consideration. 4.1 In consideration for the settlement and releases provided herein, Defendants will pay the Settlement Sum into the Settlement Fund, and Shift Digital will provide the non-monetary consideration described in Paragraph 4.5.
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