Common use of Administrative Obligations Clause in Contracts

Administrative Obligations. A. In connection with the administration of the Settlement, the Claim Administrator shall maintain a record of all contacts from Settlement Class Members regarding the Settlement, any Claims submitted pursuant to the Settlement and any responses thereto. The Claim Administrator, on a monthly basis, shall provide to Class Counsel and Defense Counsel summary information concerning the number of Claims made, number of Claims approved, the number of Claims denied, the number of Claims determined to be deficient, and total dollar amount of payouts on Claims made, such that Class Counsel and Defense Counsel may inspect and monitor the claims process. B. Except as otherwise stated in this Agreement, all reasonable expenses incurred in administering this Settlement Agreement, including, without limitation, the cost of the Class Notice, and the cost of the Claim Administrator’s distributing and administering the benefits of the Settlement Agreement based upon properly approved Claims, shall be paid by Defendant.