Settlement Class Relief. 17 In consideration of a full, complete, and final settlement of the Action, and the Releases in 18 Section 7 below, and subject to the Court’s approval, the Parties agree to the following relief:
Settlement Class Relief. The Parties agree as follows:
Settlement Class Relief. The proposed Settlement Relief to the Settlement Class Members, as identified in Section 4 of the Settlement Agreement, is approved on a preliminary basis as fair, reasonable, and adequate. The Settlement Class shall consist of: The “Class” shall include all borrowers in the United States who, within the Class Period, were charged by Shellpoint under a hazard, flood, or wind LPI policy, procured by Xxxxxx-Xxxxxxx Company on or after March 1, 2014, for Residential Property, and who, within the Class Period, either (i) paid to Shellpoint the Net Premium for that LPI Policy or (ii) did not pay to and still owe Shellpoint the Net Premium for that LPI Policy. Excluded from the Class are: (i) individuals who are or were during the Class Period officers or directors of the Defendant or any of their respective affiliates; (ii) any justice, judge, or magistrate judge of the United States or any State, their spouses, and persons within the third degree of relationship to either of them, or the spouses of such persons; (iii) borrowers who only had an LPI Policy that was cancelled in its entirety such that any premiums charged and/or collected were fully refunded to the borrower or the borrower’s escrow account; (iv) all borrowers for whom a final foreclosure judgment, foreclosing the mortgage loan serviced by Shellpoint, was entered against them; and (v) all borrowers who file a timely and proper request to be excluded from the Class. The “Class Period” shall commence on March 1, 2014, and shall continue through and including the date of this Order.
Settlement Class Relief. The proposed Claim Settlement Payments to Class Members and the settlement consideration, as identified in Section 4 of the Agreement, is approved on a preliminary basis as fair, reasonable, and adequate. The Settlement Classes shall be defined as: All Class Members within either the Tennessee Settlement Class or Mississippi Settlement Class, but excluding (i) policyholders whose claims arose under policy forms, endorsements, or riders expressly permitting Nonmaterial Depreciation within the text of the policy form, endorsement or rider (i.e., by express use of the words “depreciation” and “labor”); (ii) policyholders who received an initial ACV Payment for claims, but not replacement cost value payments, that exhausted the applicable limits of insurance; (iii) policyholders whose claims were denied or abandoned without ACV Payment; (iv) Defendant and its officers and directors; (v) members of the judiciary and their staff to whom this action is assigned and their immediate families; and (vi) Class Counsel and their immediate families (collectively, “Exclusions”).
Settlement Class Relief. The proposed Claim Settlement Relief to Settlement Class Members, as identified in Section 4 of the Settlement Agreement, is approved on a preliminary basis as fair, reasonable, and adequate. The Settlement Class shall consist of: All seafarer-employees who were physically present on the Grand Celebration for at least one day anytime between March 18, 2020 until August 20, 2020 and were (1) terminated such that severance is due under their employment contracts and/or (2) were employed and performed a designated job at Defendants’ request. “Seafarer- employees” shall not include deck and engine employees and independent contractors, Cruise Defendants’ corporate officers or corporate directors.
Settlement Class Relief. In consideration for the Releases set forth in this Agreement, Defendant shall provide the following consideration:
Settlement Class Relief. In consideration of the full, complete, and final settlement of the Action, including but not limited to the claims set forth in the Second Amended Complaint, pursuant to the terms of this Settlement Agreement, dismissal of the Action with prejudice, and the Releases in Section VII.B. below, and subject to the District Court’s approval, the Parties agree to the following relief:
Settlement Class Relief. 1. KFB will cease to use the “Dual Purpose Notice” for its automobile policies as of November 15, 2021, and will agree that it will not use a “Dual Purpose Notice” for its automobile policies for a period of at least three years thereafter unless specifically permitted to do so by applicable Kentucky regulatory, statutory, or other legal authority.
Settlement Class Relief. The proposed Claim Settlement Payments to Class Members and the settlement consideration, as identified in Sections 4, 6, and 7 of the Agreement, is approved on a preliminary basis as fair, reasonable, and adequate. The Settlement Class shall be defined as: All Class Members within either the Tennessee Settlement Class or Mississippi Settlement Class, but excluding (i) policyholders whose claims arose under policy forms, endorsements, or riders expressly permitting Nonmaterial Depreciation within the text of the policy form, endorsement or rider (i.e., by express use of the words “depreciation” and “labor”); (ii) policyholders who received one or more ACV Payments for claims, but not replacement cost value payments, that exhausted the applicable limits of insurance; (iii) policyholders whose claims were denied or abandoned without ACV Payment; (iv) Defendants and their officers and directors;
Settlement Class Relief. The proposed Claim Settlement Payments to Class Members and the settlement consideration, as identified in Sections 4, 6, and 7 of the Agreement, is approved on a preliminary basis as fair, reasonable, and adequate.
