Common use of Settlement Administration Clause in Contracts

Settlement Administration. 31. The Settlement Administrator shall administer the Settlement and shall act under Class Counsel’s supervision and subject to the jurisdiction of the Court. Class Counsel shall be responsible for supervising the administration of the Settlement and the disbursement of the Net Settlement Fund, subject to Court approval.

Appears in 3 contracts

Samples: Amended Settlement Agreement, Settlement Agreement, Settlement Agreement

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Settlement Administration. 31. 4.1 The Settlement Administrator shall administer the Settlement and shall act under Class Counsel’s supervision and subject to the jurisdiction supervision of the Court. Class Counsel shall be responsible for supervising the administration of the Settlement Counsel, Defendant’s Counsel, and the disbursement of the Net Settlement Fund, subject to Court approvalas circumstances may require.

Appears in 1 contract

Samples: Settlement Agreement and General Release

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