Common use of Claims Administrator Clause in Contracts

Claims Administrator. The Class shall retain a Claims Administrator, which shall be responsible for the claims administration process, distribution to the Class, withholding and paying applicable taxes, and other duties as provided herein. The fees and expenses of the Claims Administrator shall be paid exclusively out of the Settlement Fund. In no event shall KEMET be separately responsible or liable for any fees or expenses of the Claims Administrator.

Appears in 2 contracts

Samples: Settlement Agreement (Kemet Corp), Settlement Agreement

AutoNDA by SimpleDocs

Claims Administrator. The Class shall retain a Claims Administrator, which shall be responsible for the claims administration process, distribution to the Class, withholding and paying applicable taxes, and other duties as provided herein. The fees and expenses of the Claims Administrator shall be paid exclusively out of the Settlement Fund. In no event shall KEMET Taitsu be separately responsible or liable for any fees or expenses of the Claims Administrator.

Appears in 1 contract

Samples: Settlement Agreement

Claims Administrator. The Class shall retain a Claims Administrator, which shall be responsible for the claims administration process, distribution to the Class, withholding and paying applicable taxes, and other duties as provided herein. The fees and expenses of the Claims Administrator shall be paid exclusively out of the Settlement Fund. In no event shall KEMET AVX be separately responsible or liable for any fees or expenses of the Claims Administrator.

Appears in 1 contract

Samples: Settlement Agreement (AVX Corp)

Claims Administrator. The Class shall retain a Claims Administrator, which shall be responsible for the claims administration process, distribution to the Class, withholding and paying applicable taxes, and other duties as provided herein. The fees and expenses of the Claims Administrator shall be paid exclusively out of the Settlement Fund. In no event shall KEMET Matsuo be separately responsible or liable for any fees or expenses of the Claims Administrator.

Appears in 1 contract

Samples: Settlement Agreement

AutoNDA by SimpleDocs

Claims Administrator. The Class shall retain a Claims Administrator, which shall be responsible for the claims administration process, distribution to the Class, withholding and paying applicable taxes, and other duties as provided herein. The fees and expenses of the Claims Administrator shall be paid exclusively out of the Settlement Fund. In no event shall KEMET Shinyei be separately responsible or liable for any fees or expenses of the Claims Administrator.

Appears in 1 contract

Samples: Settlement Agreement

Time is Money Join Law Insider Premium to draft better contracts faster.