Settled Class Claims definition
Examples of Settled Class Claims in a sentence
Any Settlement Class Member who does not submit a timely and valid Proof of 3 Claim will not be entitled to receive any of the proceeds from the Net Settlement Fund, but will 4 otherwise be bound by all of the terms in this Stipulation and the Partial Settlement, including the 5 terms of the Judgment to be entered in the Action and the releases provided for herein, and will be 6 barred from bringing any action against the Released Parties concerning the Settled Class Claims.
The Settling Parties intend the Partial Settlement to be a final and complete 20 resolution of all disputes which have been asserted, could have been asserted, or could be asserted 21 by Plaintiffs or the Settlement Class Members against the Settling Defendants and all Released 22 Parties concerning the Settled Class Claims and against the Plaintiffs and Settlement Class 23 Members by the Settling Defendants concerning the Defendant Claims.
If and when the Court grants final approval of the Settlement, as of the Effective Date and full funding of the Gross Settlement Amount, all Class Members who do not submit a timely and valid Opt Out Request (i.e., Settlement Class Members) shall be deemed to have fully, finally, and forever released, settled, compromised, relinquished, and discharged any and all Settled Class Claims against any and all Released Parties.
As a Class Member, you have the right to request exclusion from the settlement and resolution of the Settled Class Claims (the “Class Settlement”), but, if you are a PAGA Member, you are not able to exclude yourself from the settlement and resolution of the Settled PAGA Claims (the “PAGA Settlement”).
The obligations incurred pursuant to this Settlement Agreement shall be in full and final disposition of the Action and any and all Settled Class Claims as against all Parties to this Settlement Agreement and all Class Members.