Settlement Plaintiffs definition
Examples of Settlement Plaintiffs in a sentence
Upon Final Court Approval of the Settlement, Plaintiffs and each member of the Class shall, by operation of the Final Order And Judgment, with respect to each and every Released Claim, release and be deemed to release and forever discharge, covenant not to ▇▇▇ upon, and shall forever be enjoined from prosecuting, all Released Claims against all of the Released Persons.
On the Effective Date of Settlement, Plaintiffs and Class Members shall 4 be deemed to have fully, finally, and forever released, relinquished, and discharged Defendants of and from any and all Settled Claims in accordance with Section II of the 5 Agreement.
Only for the purposes of settlement and the proceedings contemplated herein for effectuating the Settlement, Plaintiffs shall move the Court to provisionally certify the Settlement Class (as defined herein) pursuant to Fed.
As soon as practicable following the execution of this Settlement by the Parties and their counsel, and in any event no later than January 16, 2017, and simultaneously with the filing of the Joint Motion for Preliminary Approval of the Settlement, Plaintiffs shall file an Unopposed Motion which shall seek Conditional Certification of a Settlement Class (the “Unopposed Conditional Class Certification Motion”), in substantially the same form as Exhibit C.
Subject to the terms and conditions of this Memorandum of Understanding and the contemplated Stipulation of Settlement, Plaintiffs' counsel will apply for an award of fees and expenses in an amount not exceeding in the aggregate $400,000, which the Defendants and other releasees will not oppose, to be paid by ASA or its successor in the amount awarded by the Court.
Pending negotiation, execution and Court approval of the Settlement, Plaintiffs agree to stay the proceedings in the Action and to stay and not to initiate any and all other proceedings other than those incident to the Settlement itself.
Participating in the Settlement: Plaintiffs as Class Representatives and Class Counsel represent your interests as a Class Member.
If after twenty (20) days of the meet-and-confer process, the Parties have not reached agreement on an adequate substitute for the equity provided under the Settlement, Plaintiffs have a right to terminate the MSA which must be exercised within ten (10) days of the failure of the meet-and-confer process.
In their Unopposed Motion for Preliminary Approval of Class Settlement, Plaintiffs seek preliminary approval of a settlement of the claims asserted.
After the filing of any motion for preliminary approval of this Settlement, Plaintiffs and/or their counsel are not permitted to make a statement to the press about the Settlement other than language that is mutually agreed upon by the Parties.