Defendant Releasees definition
Examples of Defendant Releasees in a sentence
Under no circumstances will Defendants or any of the other Defendant Releasees be required to pay more than the Settlement Amount.
In addition to any other defenses the Defendant Releasees may have at law, in equity, or otherwise, to the extent permitted by law, this Agreement may be pleaded as a full and complete defense to, and may be used as the basis for an injunction against, any action, suit, or other proceeding that may be instituted, prosecuted, or attempted in breach of this Agreement or the release contained herein.
The Other Defendant Releasees are intended third party beneficiaries of this Agreement and no provision of this Agreement may be amended or altered in any way that adversely impacts the rights or benefits provided hereunder with respect to the Other Defendant Releasees.
The Settlement Amount shall be the full and sole monetary contribution and consideration made by or on behalf of the Defendant Releasees in connection with the Action and Settlement.
Defendant Releasees, Named Plaintiffs, Defense Counsel, and Class Counsel shall have no responsibility or liability for calculating the amounts payable to the Settlement Class members, and Defendant Releasees, Named Plaintiffs, Defense Counsel, and Class Counsel shall have no responsibility or liability for distributing the Net Settlement Fund to the Settlement Class members in accordance with the Court-approved Plan of Allocation.