Examples of Lender Action in a sentence
Released Parties does not include: (i) any of the other Defendants in the Lender Action or (ii) any other person or entity formerly named as a party in the Lender Action.
The order of the Court finally approving the settlement set forth in this Agreement, dismissing the Lender Action against HSBC and HSBC Holdings plc with prejudice, and meeting the criteria set forth in Paragraph 5(g).
Barclays’ obligations to cooperate under the Agreement are continuing until and shall terminate upon the earlier of: (1) the date when final judgment has been rendered, with no remaining rights of appeal, in the Lender Action against all Defendants; or (2) seven (7) years after the Court enters the Preliminary Approval Order.
Accordingly, Lender Plaintiffs and Barclays agree not to assert in any judicial proceeding that the Lender Action was brought by Lender Plaintiffs or defended by Barclays in bad faith or without a reasonable basis.
This settlement agreement (the “Settlement Agreement” or “Agreement”) is made and entered into on May 3, 2018 (the “Execution Date”), between Plaintiffs The Berkshire Bank and The Government Development Bank for Puerto Rico (collectively, the “Lender Plaintiffs”), individually and on behalf of the Settlement Class in the Lender Action, and defendant Barclays Bank PLC (“Barclays”), by and through the Lender Plaintiffs’ Counsel and Barclays’ Counsel.
The order of the Court finally approving the settlement set forth in this Agreement, dismissing the Lender Action against the Settling Defendants with prejudice, and except as provided for in this Agreement, without costs, and meeting the criteria set forth in Paragraph 5(g).
Accordingly, Lender Plaintiffs and HSBC agree not to assert in any judicial proceeding that the Lender Action was brought by Lender Plaintiffs or defended by HSBC in bad faith or without a reasonable basis.
Cumulative Remedies; Enforcement; Lender Action ..................................
HSBC’s Counsel will respond to reasonable follow up inquiries of Lender Plaintiffs’ Counsel throughout the duration of the Lender Action or any action related to any Released Claims, including to produce further material, information, and documents relating to U.S. Dollar LIBOR, consistent with this Agreement.
This Settlement Agreement (“Agreement”) is made and entered into on January 16, 2018 (the “Execution Date”), between Plaintiffs The Berkshire Bank and The Government Development Bank for Puerto Rico (collectively, the “Lender Plaintiffs”), individually and on behalf of the Settlement Class in the Lender Action, and defendant HSBC Bank plc (“HSBC”), by and through the Lender Plaintiffs’ Counsel and HSBC’s Counsel.