Common use of Administration Costs Clause in Contracts

Administration Costs. The costs incurred by the Settlement Administrator to administer this Settlement, which shall not exceed $12,000. All Administration Costs shall be paid from the Gross Settlement Amount. If the actual administration costs are less than the amount allocated in this agreement, or if the Court awards less than the amount requested, the difference in the amount allocated in this agreement and the amount awarded by the Court will become part of the Net Settlement Amount for distribution to Participating Class Members.

Appears in 2 contracts

Samples: Joint Stipulation and Settlement Agreement, Joint Stipulation and Settlement Agreement

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Administration Costs. The costs incurred by the Settlement Administrator to administer this Settlement, which shall not exceed $12,00010,000. All Administration Costs shall be paid from the Gross Settlement Amount. If the actual administration costs are less than the amount allocated in this agreement, or if the Court awards less than the amount requested, the difference in the any amount allocated in this agreement and the amount not awarded by the Court will become part of the Net Settlement Amount for distribution to Participating Class Members.

Appears in 2 contracts

Samples: Settlement and Release of Claims, legalnotifications.com

Administration Costs. The costs incurred by the Settlement Administrator to administer this Settlement, which shall not exceed $12,00030,000. All Administration Costs shall be paid from the Gross Settlement Amount. If the actual administration costs are less than the amount allocated in this agreement, or if the Court awards less than the amount requested, the difference in the amount allocated in this agreement and the amount awarded by the Court will become part of the Net Settlement Amount for distribution to Participating Class Members.

Appears in 1 contract

Samples: Joint Stipulation and Settlement Agreement

Administration Costs. The costs All administrative costs, fees, and expenses incurred by the Settlement Administrator in relation to administer services rendered in administration of this SettlementSettlement pursuant to the terms of this Agreement, which shall not exceed $12,0009,500.00, absent approval of the Court for a greater amount. All The Administration Costs shall be deducted from the Gross Settlement Amount and shall be paid from the Gross Qualified Settlement AmountFund. If the actual administration costs are less than the amount allocated in this agreement, or if the Court awards less than the amount requested, the difference in the any amount allocated in this agreement and the amount not awarded by the Court will become part of the Net Settlement Amount for distribution to Participating Class Members.

Appears in 1 contract

Samples: Joint Stipulation of Settlement and Release

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Administration Costs. The costs incurred by the Settlement Administrator to administer this Settlement, which shall not exceed $12,00010,000.00. All Administration Costs shall be paid from the Gross Settlement Amount. If the actual administration costs are less than the amount allocated in this agreement, or if the Court awards less than the amount requested, the difference in the any amount allocated in this agreement and the amount not awarded by the Court will become part of the Net Settlement Amount for distribution to Participating Class Members.

Appears in 1 contract

Samples: Stipulation and Settlement Agreement

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