Settlement Classes definition
Examples of Settlement Classes in a sentence
The Parties agree that there shall be no audio or video recording or written transcription or record of any statements made or information provided by counsel for the Settling Defendants at the proffer, and that Class Counsel may only make written notes of their own thoughts and impressions at the proffer for the purpose of formulating legal advice, pursuing litigation and/or for the purpose of advancing settlement discussions in the interests of the Settlement Classes.
For avoidance of doubt, it is agreed by the Parties that a Settlement Class Member may be a member of more than one of the Settlement Classes based on Defendant’s records of the Relevant Fees charged to the Settlement Class Member.
The deductions from the Settlement Fund for attorneys’ fees and costs, Service Awards and Settlement Administration Costs will be pro rata based on the allocated amount for each of the Settlement Classes.
If you are a member of one or more of the Settlement Classes (the Alpine APSN Fee Class, Alpine Retry Fee Class, Centrue APSN Fee Class, Midland APSN Fee Class, and Midland Fees-On-Fees Class) and if the Settlement is approved, you may be entitled to receive a cash payment from the $3,125,000.00 Settlement Fund.
The Releasors who are members of the Damages Settlement Classes covenant and agree that they, and each of them, will forever refrain from instituting, maintaining, prosecuting, or continuing to maintain or prosecute any suit or action, or collecting from, seeking to recover from, or proceeding against the Releasees in connection with any of the Released Damages Class Claims.