Disbursements from the Settlement Fund Sample Clauses

Disbursements from the Settlement Fund. 1. In accordance with the payment schedule set forth in this Agreement, money from the Settlement Fund shall be applied as follows:
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Disbursements from the Settlement Fund. Following the Effective Date, Class Counsel may direct the disbursement of money from the Settlement Fund, which shall be the sole source of all awards for the Settlement Class, Plaintiff, and fees, costs, and expenses for Plaintiff’s Counsel, as follows:
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Disbursements from the Settlement Fund. Class Counsel shall direct the Financial Institution to disburse money from the Settlement Fund as follows:
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Disbursements from the Settlement Fund. Except as provided in Section 8.1 or in Section 11.3, no distribution of any part or all of the Settlement Fund shall be paid from the Settlement Fund until the Financial Institution has received (a) a joint notice signed by each of Co-Lead Class Counsel that the Settlement is Final or (b) a Court order directing that the Settlement Fund be disbursed and designating the appropriate recipient. When the earlier of the conditions stated in (a) or (b) has been satisfied, Co- Lead Class Counsel shall jointly direct the Financial Institution in writing, with notice to Bear Xxxxxxx, to disburse money from the Settlement Fund to the Plan for purposes of the Plan of Allocation.
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Disbursements from the Settlement Fund. Co-Lead Class Counsel shall direct the Escrow Agent to disburse money from the Settlement Fund as follows:
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Related to Disbursements from the Settlement Fund

  • Disbursements from the Escrow Account a. At such time as Escrow Agent has collected and deposited instruments of payment in the total amount of the Advance and has received such Common Stock via D.W.A.C from the Company which are to be issued to the Investor pursuant to the Standby Equity Distribution Agreement, the Escrow Agent shall notify the Company and the Investor. The Escrow Agent will continue to hold such funds until the Investor and Company execute and deliver a Joint Written Direction directing the Escrow Agent to disburse the Escrow Funds pursuant to Joint Written Direction at which time the Escrow Agent shall wire the Escrow Funds to the Company. In disbursing such funds, Escrow Agent is authorized to rely upon such Joint Written Direction from Company and may accept any signatory from the Company listed on the signature page to this Agreement and any signature from the Investor that Escrow Agent already has on file. Simultaneous with delivery of the executed Joint Written Direction to the Escrow Agent the Investor and Company shall execute and deliver a Common Stock Joint Written Direction to the Escrow Agent directing the Escrow Agent to release via D.W.A.C to the Investor the shares of the Company's Common Stock. In releasing such shares of Common Stock the Escrow Agent is authorized to rely upon such Common Stock Joint Written Direction from Company and may accept any signatory from the Company listed on the signature page to this Agreement and any signature from the Escrow Agent has on file. In the event the Escrow Agent does not receive the amount of the Advance from the Investor or the shares of Common Stock to be purchased by the Investor from the Company, the Escrow Agent shall notify the Company and the Investor.

  • Disbursements from Escrow Funds to Pay Escrow Agent The Escrow Agent is authorized to and may disburse from time to time, to itself or to any Indemnified Party from the Escrow Funds (but only to the extent of Issuer’s rights thereto), the amount of any compensation and reimbursement of out-of-pocket expenses due and payable hereunder (including any amount to which Escrow Agent or any Indemnified Party is entitled to seek indemnification pursuant to Section 9 hereof). Escrow Agent shall notify Issuer of any disbursement from the Escrow Funds to itself or to any Indemnified Party in respect of any compensation or reimbursement hereunder and shall furnish to Issuer copies of all related invoices and other statements.

  • Permitted Withdrawals from the Collection Account and Distribution Account (a) The Master Servicer may from time to time make withdrawals from the Collection Account for the following purposes:

  • Permitted Withdrawals from the Collection Accounts and Certificate Account (a) Each Servicer may from time to time make withdrawals from the related Collection Account for the following purposes:

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