JLI definition
Examples of JLI in a sentence
CHICAGO IS ENTERING INTO THIS RELEASE FREELY AND VOLUNTARILY, WITHOUT BEING INDUCED, PRESSURED OR INFLUENCED BY, AND WITHOUT RELYING ON ANY REPRESENTATION OR OTHER STATEMENT MADE BY OR ON BEHALF OF, JLI OR ANY OTHER PERSON.
Any stay will remain effective until Chicago dismisses with prejudice all claims asserted against JLI and any other Released Parties in the Chicago Case pursuant to Section 4.2, unless modified by further order of the Court.
Chicago understands and agrees that JLI has entered into this Settlement Agreement solely by way of compromise and settlement.
The Parties recognize and agree that the settlement amount paid by JLI as set forth herein shall be for full and final satisfaction of any and all Released Claims and Liabilities against JLI and other Released Parties.
Other than as set forth in Section 3.6, JLI and the Released Parties shall not, under any circumstances, be responsible for, or liable for, payment of any amount under this Settlement Agreement in excess of the Gross Settlement Amount.
Chicago shall not recover, directly or indirectly, any sums from JLI or the other Released Parties for Released Claims and Liabilities other than the consideration received under the terms of this Settlement Agreement.
These documents are not and shall not be construed at any time to be an admission or concession by JLI or any other Released Party of any liability or wrongdoing, or of the truth of any of Chicago’s allegations.
Class Counsel will propose a Notice Plan and a Plan of Allocation that mirror the procedures the Court preliminarily approved in connection with the JLI Class Action Settlement, MDL No. 2913, ECF No. 3779.
Otherwise, JLI shall cause payment of the Bonus Payments to be made to Plaintiff’s Counsel as directed by the City of Chicago Department of Law for the benefit of Plaintiff within forty-five (45) days after JLI has exercised its right to terminate the MDL Class Settlement Agreement.
Class Counsel will propose an Opt-Out Procedure that mirrors the procedure the Court preliminarily approved in connection with the JLI Class Action Settlement, MDL No. 2913, ECF No. 3779.