Common use of Type of Notice Required Clause in Contracts

Type of Notice Required. a. The Class Settlement Notice, which shall be substantially in the form of Exhibits 4–6 attached hereto, shall be used for the purpose of informing proposed Settlement Class Members, prior to the fairness hearing before the Court (“Fairness Hearing”), that there is a pending settlement, and to further (a) inform Settlement Class Members as to how they may obtain a copy of the Proof of Claim Form; (b) protect their rights regarding the settlement; (c) request exclusion from the Settlement Classes and the proposed settlement, if desired; (d) object to any aspect of the proposed settlement, if desired; and (e) participate in the Fairness Hearing, if desired. Finally, the Notice shall make clear the binding effect of the settlement on all persons who do not timely request exclusion from the Settlement Classes.

Appears in 2 contracts

Samples: Settlement Agreement, Settlement Agreement

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Type of Notice Required. a. The Class Settlement Notice, which shall be substantially in the form of Exhibits 4–6 C, D, and E attached hereto, shall be used for the purpose of informing proposed Settlement Class Members, prior to the fairness hearing before the Court (“Fairness Final Approval Hearing”), that there is a pending settlement, and to further (a) inform Settlement Class Members as to how they may may: (a) obtain a copy of the Proof of Claim Form; (b) protect their rights regarding the settlementSettlement; (c) request exclusion from the Settlement Classes Class and the proposed settlementSettlement, if desired; (d) object to any aspect of the proposed settlementSettlement, if desired; and (e) participate in the Fairness Final Approval Hearing, if desired. Finally, the The Notice shall make clear the binding effect of the settlement Settlement on all persons who do not timely request exclusion from the Settlement ClassesClass.

Appears in 1 contract

Samples: Settlement and Release Agreement

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Type of Notice Required. a. The Class Settlement Notice, which shall be substantially in the form of Exhibits 4–6 C and D. attached hereto, shall be used for the purpose of informing proposed Settlement Class Members, prior to the fairness hearing before the Court (“Fairness Final Approval Hearing”), that there is a pending settlement, and to further (a) inform Settlement Class Members as to how they may may: (a) obtain a copy of the Proof of Claim Form; (b) protect their rights regarding the settlementSettlement; (c) request exclusion from the Settlement Classes Class and the proposed settlementSettlement, if desired; (d) object to any aspect of the proposed settlementSettlement, if desired; and (e) participate in the Fairness Final Approval Hearing, if desired. Finally, the The Notice shall make clear the binding effect of the settlement Settlement on all persons who do not timely request exclusion from the Settlement ClassesClass.

Appears in 1 contract

Samples: Settlement and Release Agreement

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