Amount Paid for Approved Claims Sample Clauses

Amount Paid for Approved Claims. Each call to each unique phone number will have a maximum value of Three Hundred U.S. Dollars ($300). There will be a cap at three calls per unique number. The remainder of the Settlement Fund (see section 2.49 above) will be made available to pay all Approved Claims received and accepted by the Settlement Administrator to which no objection is made or which objection has been resolved by the Parties or the Court. By way of example: • If the total payments at Three Hundred U.S. Dollars ($300) per call, with a maximum of three calls per unique number (plus payment of reasonable litigation expenses and administration costs) results in an amount beneath the Floor, then the remaining funds (the difference up to Seven Million U.S. Dollars ($7,000,000) will be donated cy pres to the National Consumer Law Center or other recipient as mutually agreed to by the parties, after the payment of attorneys’ fees, administration costs, and an incentive award. • If the total payments at Three Hundred U.S. Dollars ($300) per call, with a maximum of three calls per unique number (plus payment of expenses and administration costs) are in between the Floor and the Ceiling, then each class member who submits a claim will receive Three Hundred U.S. Dollars ($300) per call with a three call cap. • If the total payments at Three Hundred U.S. Dollars ($300) per call with a maximum of three calls per unique number (plus payment of expenses and administration costs) exceeds the Ceiling, then class members filing claims will receive a pro rata share of the common fund after payment of the fee award and expenses, incentive awards, and administration costs.