Terms of the Proposed Settlement Sample Clauses

Terms of the Proposed Settlement. The sum of One Hundred Eight Million Dollars ($108,000,000.00) will be transferred to the Escrow Agent within twenty-one (21) days after the later of: (i) entry of the Order Preliminarily Approving Settlement and Providing for Notice, and (ii) the provision to Defendants of information necessary to effectuate a payment of funds. The principal amount of $108,000,000.00, plus any accrued interest once transferred, constitutes the Settlement Fund. A portion of the settlement proceeds will be used for certain administrative expenses, including costs of printing and mailing this Notice, the cost of publishing a newspaper notice and notice over Business Wire, payment of any taxes assessed against the Settlement Fund, and costs associated with the processing of claims submitted. In addition, as explained below, a portion of the Settlement Fund may be awarded by the Court to Lead Counsel as attorneys’ fees and for expenses in litigating the case and to Plaintiffs for their costs and expenses in representing the Class. The balance of the Settlement Fund (the “Net Settlement Fund”) will be distributed according to the Plan of Allocation described below to Class Members who submit valid and timely Proof of Claim and Release forms.
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Terms of the Proposed Settlement. 5. Who is in the Settlement Class? The Settlement Class is defined as all persons who were notified that their personally identifiable information may have been impacted as a result of the data incident that occurred on Guardian’s systems between November 27, 2022 and January 22, 2023 (i.e., the Data Incident, as previously defined). Guardian’s, Actimize’s, and Xxxxxxx Bank’s officers and directors are excluded from the Settlement Class, as well as (i) all Settlement Class Members who timely and validly request exclusion from the Settlement Class; (ii) the judges assigned to the Litigation and to evaluate the fairness, reasonableness, and adequacy of this settlement; and (iii) any other Person found by a court of competent jurisdiction to be guilty under criminal law of perpetrating, aiding or abetting the criminal activity occurrence of the Data Incident or who pleads nolo contendere to any such charge.
Terms of the Proposed Settlement. 15. On , 2021, the Court conditionally certified a class of owners of unclaimed property whose claim for return of their property from the Treasurer was paid or approved during the period August 22, 2017 to (date of preliminary approval) (the “Rule 23(b)(3) Settlement Class”). The Court had previously certified a Class of owners of unclaimed property whose property was being held in the form of money by the Treasurer (the “Rule 23(b)(2) Class”). Under the Settlement Agreement, the Rule 23(b)(2) Class will include all persons who are owners of unclaimed property held in the form of money by the Treasurer as of (date of preliminary approval).
Terms of the Proposed Settlement. 5. Who is in the Settlement Class and California Subclass? The Settlement Class is defined as all residents of the United States whose personal information was compromised as a result of the Cyberattack, which gave rise to the above-captioned case. persons whose personally identifiable information was potentially compromised as a result of the Cyberattack who resided in California on November 1, 2021. Excluded from the Settlement Class and California Subclass are: (a) officers and directors; (b) any entity in which Creative Ventures has a controlling interest; and (c) the affiliates, legal representatives, attorneys, successors, heirs, and assigns of Creative Ventures. Also excluded are members of the judiciary to whom this case is assigned, their families and members of their staff.
Terms of the Proposed Settlement. The full terms of the Settlement Agreement can be viewed at: http:xxxxx.xxxxxxxx.xxx/xxxxx-xxxxxxx/xxxxxx shttp:xxxxx.xxxxxxxx.xxx/xxxxx-xxxxxxx!xxxxxxx The claim against all defendants will be dismissed and Class Members will release any claim they have against the defendants in relation to the matters alleged in the class action. This means that if the Settlement Agreement receives Court approval, you will not be able to start or continue with any other claim or legal proceeding against Quiznos or GFS in relation to the matters alleged in the classdass action. Quiznos has agreed to pay $275,000 to the Plaintiffs in respect of disbursements incurred in the action, in full and final settlement of the class action. SETTLEMENT IS SUBJECT TO
Terms of the Proposed Settlement. 5. Who is in the Settlement Class? The Settlement Class is defined by the Court as all individuals within the United States whose name and payment card information was potentially exposed to unauthorized third-parties as a result of the Data Security Incident that occurred between approximately February to October of 2021. Excluded from the Settlement Class is any judge presiding over the Litigation and any members of their first-degree relatives, judicial staff and/or persons who timely and validly request exclusion from the Settlement Class.
Terms of the Proposed Settlement. 5. Who is in the Settlement Class? The Settlement Class is defined as all 227,943 persons whose PII, PHI, and/or PBI was potentially compromised in the cybersecurity incident involving Illinois Gastroenterology Group, P.L.L.C.’s (“IGG”) computer network on October 22, 2021, and who were the subject of the Notice of Data Breach that IGG published on April 22, 2022.
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Terms of the Proposed Settlement. Defendants shall cause the Settlement Amount to be transferred to an account controlled by the Escrow Agent within ten (10) business days after the later of (a) the order granting the motion for preliminary approval or (b) the receipt by Defendants’ counsel of wire/check payee instructions and a Form W-9 providing the tax identification number for the Escrow Account. These funds, together with any interest and income earned thereon once transferred, shall constitute the Settlement Fund. A portion of the settlement proceeds will be used for certain administrative expenses, including costs of printing and mailing this Notice, the cost of publishing a newspaper notice, payment of any taxes assessed against the Settlement Fund, and costs associated with the processing of claims submitted. In addition, as explained below, a portion of the Settlement Fund may be awarded by the Court to Lead Counsel and Lead Plaintiffs as attorneys’ fees and for expenses in litigating the case. The balance of the Settlement Fund (the “Net Settlement Fund”) will be distributed according to the Plan of Allocation described below to Class Members who submit valid and timely Proof of Claim and Release forms.
Terms of the Proposed Settlement. 5. Who is in the Settlement Class? The Settlement Class is defined as all persons to whom Afni provided notification that their personal information was exposed in the Data Incident that occurred on or about June 7, 2021. Excluded from the Settlement Class are: (1) the judges presiding over the Lawsuit and their direct family members; (2) Settlement Class Members who submit a valid a Request for Exclusion prior to the Opt-Out Deadline; (3) Afni and its respective Officers and Directors; and (4) any other Person found by a court of competent jurisdiction to be guilty under criminal law of initiating, causing, aiding, or abetting the Data Incident or who pleads nolo contendere to any such charge.
Terms of the Proposed Settlement. 5. Who is in the Settlement Class and California Subclass? The Settlement Class is defined as all persons whose personally identifiable information was potentially compromised as a result of the Cyberattack and who were sent written notices of the Cyberattack from Alacrity.
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