Common use of Why is there a Settlement Clause in Contracts

Why is there a Settlement. The Court has not reached a final decision as to the Class Representatives’ claims. Instead, the Class Representatives and Defendant have agreed to the Settlement. The Settlement is the product of extensive negotiations between Class Counsel and Defendant’s counsel, an all-day session with a private mediator, and six months of additional arm’s length negotiations. The parties to the Settlement have taken into account the uncertainty and risks of litigation and have concluded that it is desirable to settle on the terms and conditions set forth in the Settlement Agreement. The Class Representatives and Class Counsel, who are highly experienced in this kind of matter, believe that the Settlement is best for all Class Members.

Appears in 3 contracts

Samples: Class Action Settlement Agreement, Class Action Settlement Agreement, Class Action Settlement Agreement

AutoNDA by SimpleDocs

Why is there a Settlement. The Court has not reached a final decision as to the Class Representatives’ claims. Instead, the Class Representatives and Defendant have agreed to the Settlement. The Settlement is the product of extensive negotiations between Class Counsel and Defendant’s counsel, an all-day session with a private mediator, mediator and six months of additional arm’s length negotiations. The parties to the Settlement have taken into account the uncertainty and risks of litigation and have concluded that it is desirable to settle on the terms and conditions set forth in the Settlement Agreement. The Class Representatives and Class Counsel, who are highly experienced in this kind of matter, believe that the Settlement is best for all Class Members.

Appears in 3 contracts

Samples: Class Action Settlement Agreement, Class Action Settlement Agreement, Class Action Settlement Agreement

Why is there a Settlement. The Court has not reached a final decision as to the Class Representatives’ claims. Instead, the Class Representatives and Defendant Defendants have agreed to the Settlement. The Settlement is the product of extensive negotiations between Class Counsel and Defendant’s counselDefendants’ counsel over approximately four months, including an all-all- day session with a private national mediator, and six months of additional arm’s length negotiations. The parties to the Settlement have taken into account the uncertainty and risks of litigation and have concluded that it is desirable to settle on the terms and conditions set forth in the Settlement Agreement. The Class Representatives and Class Counsel, who are highly experienced in this kind of matter, believe that the Settlement is best for all Class Members.

Appears in 2 contracts

Samples: Class Action Settlement Agreement, Class Action Settlement Agreement

Why is there a Settlement. The Court has not reached a final decision as to all of claims in the Class Representatives’ claimsAction. Instead, the Class Representatives and Defendant Defendants have agreed to the Settlement. The Settlement is the product of extensive negotiations between Class Counsel and Defendant’s counsel, Defense Counsel during an all-day session with a private mediator, and six months of additional arm’s length negotiations. The parties to the Settlement have taken into account the uncertainty and risks of litigation and have concluded that it is desirable to settle on the terms and conditions set forth in the Settlement Agreement. The Class Representatives and Class Counsel, who are highly experienced in this kind of matter, and the Class Representatives believe that the Settlement is best for all Class Members.

Appears in 2 contracts

Samples: Class Action Settlement Agreement, Class Action Settlement Agreement

Why is there a Settlement. The Court has not reached a final decision as to the Class Representatives’ claims. Instead, the Class Representatives and Defendant Defendants have agreed to the Settlement. The Settlement is the product of extensive negotiations between Class Counsel and Defendant’s Defendants’ counsel, including an all-day session with a private national mediator, and six months of additional arm’s length negotiations. The parties to the Settlement have taken into account the uncertainty and risks of litigation and have concluded that it is desirable to settle on the terms and conditions set forth in the Settlement Agreement. The Class Representatives and Class Counsel, who are highly experienced in this kind of matter, believe that the Settlement is best for all Class Members.

Appears in 2 contracts

Samples: Class Action Settlement Agreement, Class Action Settlement Agreement

Why is there a Settlement. The Court has not reached a final decision as to the Class Representatives’ claims. Instead, the Class Representatives and Defendant the Duke Defendants have agreed to the Settlement. The Settlement is the product of extensive negotiations between Class Counsel and Defendant’s counsel, Defense Counsel during an all-day session with a private mediator, and six several months of additional arm’s arm’s-length negotiations. The parties to the Settlement Settling Parties have taken into account the uncertainty and risks of litigation and have concluded that it is desirable to settle on the terms and conditions set forth in the Settlement Agreement. The Class Representatives and Class Counsel, who are highly experienced in this kind of matter, believe that the Settlement is best for all Class Members.

Appears in 2 contracts

Samples: Class Action Settlement Agreement, Class Action Settlement Agreement

Why is there a Settlement. The Court has not reached a final decision as to the Class Representatives' claims. Instead, the Class Representatives and Defendant have agreed to the Settlement. The Settlement is the product of extensive negotiations between Class Counsel and Defendant’s 's counsel, an all-day session with a private mediator, and six months of additional arm’s 's length negotiations. The parties to the Settlement have taken into account the uncertainty and risks of litigation and have concluded that it is desirable to settle on the terms and conditions set forth in the Settlement Agreement. The Class Representatives and Class Counsel, who are highly experienced in this kind of matter, believe that the Settlement is best for all Class Members.

Appears in 1 contract

Samples: Class Action Settlement Agreement

Why is there a Settlement. The Court has not reached a final decision as to the Class Representatives' claims. Instead, the Class Representatives and Defendant the BB&T Defendants have agreed to the Settlement. The Settlement is the product of extensive negotiations between Class Counsel and Defendant’s counsel, Defense Counsel during an all-day session with a private mediator, and six several months of additional arm’s 's length negotiations. The parties to the Settlement have taken into account the uncertainty and risks of litigation and have concluded that it is desirable to settle on the terms and conditions set forth in the Settlement Agreement. The Class Representatives and Class Counsel, who are highly experienced in this kind of matter, believe that the Settlement is best for all Class Members.

Appears in 1 contract

Samples: Class Action Settlement Agreement

Why is there a Settlement. The Court has not reached a final decision as to the Class Representatives' claims. Instead, the Class Representatives and Defendant Defendants have agreed to the Settlement. The Settlement is the product of extensive negotiations between Class Counsel and Defendant’s counselDefendants' counsel over approximately four months, including an all-all- day session with a private national mediator, and six months of additional arm’s 's length negotiations. The parties to the Settlement have taken into account the uncertainty and risks of litigation and have concluded that it is desirable to settle on the terms and conditions set forth in the Settlement Agreement. The Class Representatives and Class Counsel, who are highly experienced in this kind of matter, believe that the Settlement is best for all Class Members.

Appears in 1 contract

Samples: Class Action Settlement Agreement

AutoNDA by SimpleDocs

Why is there a Settlement. The Court has not reached a final decision as to the Class Representatives' claims. Instead, the Class Representatives and Defendant have agreed to the Settlement. The Settlement is the product of extensive negotiations between Class Counsel and Defendant’s 's counsel, an all-day session with a private mediator, mediator and six months of additional arm’s 's length negotiations. The parties to the Settlement have taken into account the uncertainty and risks of litigation and have concluded that it is desirable to settle on the terms and conditions set forth in the Settlement Agreement. The Class Representatives and Class Counsel, who are highly experienced in this kind of matter, believe that the Settlement is best for all Class Members.

Appears in 1 contract

Samples: Class Action Settlement Agreement

Why is there a Settlement. The Court has not reached a final decision as to the Class Representatives' claims. Instead, the Class Representatives and Defendant the Vanderbilt Defendants have agreed to the Settlement. The Settlement is the product of extensive negotiations between Class Counsel and Defendant’s counsel, Defense Counsel during an all-day session with a private mediator, and six months of additional arm’s arm's-length negotiations. The parties to the Settlement Settling Parties have taken into account the uncertainty and risks of litigation and have concluded that it is desirable to settle on the terms and conditions set forth in the Settlement Agreement. The Class Representatives and Class Counsel, who are highly experienced in this kind of matter, believe that the Settlement is best for all Class Members.

Appears in 1 contract

Samples: Class Action Settlement Agreement

Why is there a Settlement. The Court has not reached a final decision as to the Class Representatives’ claims. Instead, the Class Representatives and Defendant the Vanderbilt Defendants have agreed to the Settlement. The Settlement is the product of extensive negotiations between Class Counsel and Defendant’s counsel, Defense Counsel during an all-day session with a private mediator, and six months of additional arm’s arm’s-length negotiations. The parties to the Settlement Settling Parties have taken into account the uncertainty and risks of litigation and have concluded that it is desirable to settle on the terms and conditions set forth in the Settlement Agreement. The Class Representatives and Class Counsel, who are highly experienced in this kind of matter, believe that the Settlement is best for all Class Members.

Appears in 1 contract

Samples: Class Action Settlement Agreement

Why is there a Settlement. The Court has not reached a final decision as to the Class Representatives’ claims. Instead, after more than eight years of litigation, the Class Representatives and Defendant Defendants have agreed to the Settlement. The Settlement is the product of extensive negotiations between Class Counsel and Defendant’s counsel, an Defendants’ counsel and multiple all-day session sessions with a private mediator, and six months of additional arm’s length negotiations. The parties to the Settlement have taken into account the uncertainty and risks of litigation and have concluded that it is desirable to settle on the terms and conditions set forth in the Settlement Agreement. The Class Representatives and Class Counsel, who are highly experienced in this kind of matter, believe that the Settlement is best for all Class Members.

Appears in 1 contract

Samples: Class Action Settlement Agreement

Why is there a Settlement. The Court has not reached a final decision as to the Class Representatives’ claims. Instead, the Class Representatives and Defendant the BB&T Defendants have agreed to the Settlement. The Settlement is the product of extensive negotiations between Class Counsel and Defendant’s counsel, Defense Counsel during an all-day session with a private mediator, and six several months of additional arm’s length negotiations. The parties to the Settlement have taken into account the uncertainty and risks of litigation and have concluded that it is desirable to settle on the terms and conditions set forth in the Settlement Agreement. The Class Representatives and Class Counsel, who are highly experienced in this kind of matter, believe that the Settlement is best for all Class Members.

Appears in 1 contract

Samples: Class Action Settlement Agreement

Time is Money Join Law Insider Premium to draft better contracts faster.