Examples of Administration Expenses in a sentence
To the extent the Administration Expenses are less or the Court approves payment less than Ten Thousand Dollars and No Cents ($10,000), remainder shall be retained in the Net Settlement Amount to be distributed as set forth herein.
The Parties agree that, if FSG withdraws, the Settlement shall be void ab initio, have no force or effect whatsoever, and that neither Party will have any further obligation to perform under this Agreement; provided, however, FSG will remain responsible for paying all Settlement Administration Expenses incurred to that point.
Within 14 days after FSG funds the Gross Settlement Amount and the Court has granted Final Approval, the Administrator will mail checks for all Individual Class Payments, all Individual PAGA Payments, the LWDA PAGA Payment, the Administration Expenses Payment, the Class Counsel Fees Payment, the Class Counsel Litigation Expenses Payment, and the Class Representative Service Payment.
If for any reason the Court does not enter a Preliminary Approval Order or Judgment, and the Settlement does not become Effective, the Parties shall bear Administration Expenses equally.
If the reviewing Court vacates, reverses, or modifies the Judgment in a manner that requires a material modification of this Agreement (including, but not limited to, the scope of release to be granted by Class Members), the Parties shall expeditiously work together in good faith to address the appellate court’s concerns and to obtain Final Approval and entry of Judgment, sharing, on a 50-50 basis of any additional Administration Expenses reasonably incurred after remittitur.