Class Counsel’s Fees Sample Clauses

Class Counsel’s Fees. Class Counsel’s Fees” means the total amount of Class Counsel’s attorney’s fees to be approved by the Court upon application by Class Counsel, in an amount not to exceed one-third of the Gross Settlement Sum, which amount is to be paid from, and is included in, the Gross Settlement Sum. Defendants agree not to oppose any fee application for an amount up to and including one-third of the Gross Settlement Sum, but reserve the right to object to any fee application in excess of that amount.
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Class Counsel’s Fees. Class Counsel have moved for an award of attorneys’ fees and reimbursement of expenses. Pursuant to Federal Rules of Civil Procedure 23(h)(3) and 54(d)(2), and pursuant to the factors for assessing the reasonableness of a class action fee request as set forth in Gunter v. Ridgewood Energy Corp., 223 F.3d 190, 195 n.1 (3d Cir. 2000) and In re Prudential Ins. Co. of America Sales Practice Litig., 148 F.3d 283, 340 (3d Cir. 1998), and for the reasons set forth in PlaintiffsMotion for AttorneysFees and Costs and on the record, Class Counsel are awarded attorneys’ fees, costs, and expenses in the amount of . The Court finds this award to be fair and reasonable. The awarded fees and expenses shall be paid to Class Counsel in accordance with the terms of the Settlement Agreement. Class Lead Counsel shall allocate the fees and expenses amount among the Class Counsel in its discretion.
Class Counsel’s Fees. Class Counsel have moved for an award of attorneys’ fees and reimbursement of expenses. Pursuant to Federal Rules of Civil Procedure 23(h)(3) and 54(d)(2), and pursuant to the factors for assessing the reasonableness of a class action fee request as set forth in Gunter v. Ridgewood Energy Corp., 223 F.3d 190, 195 n.1 (3d Cir. 2000) and In re Prudential Ins. Co. of America Sales Practice Litig., 148 F.3d 283, 340 (3d Cir. 1998), and for the reasons set forth in PlaintiffsMotion for AttorneysFees and Costs and on the record, Class Counsel are awarded attorneys’ fees, costs, and expenses in the amount of ____________. The Court finds this award to be fair and reasonable. The awarded fees and expenses shall be paid to Class Counsel in accordance with the terms of the Settlement Agreement. Class Lead Counsel shall allocate the fees and expenses amount among the Class Counsel in its discretion.
Class Counsel’s Fees. The Settling Defendants agree to jointly and severally pay fees to Class Counsel in the amount of one million two hundred and fifty thousand dollars ($1,250,000.00), plus applicable taxes. On same business day as the present Settlement Agreement is signed, the Settling Defendants will deposit one million two hundred and fifty thousand dollars ($1,250,000.00), plus applicable taxes, into a dedicated and separately identifiable interest-bearing trust account held by Settling Defendants’ Counsel at a recognized Canadian banking institution. Within five business days of such deposit, Settling Defendants’ Counsel will provide Class Counsel with notice of such deposit. Once the Approval Order becomes Final, Settling Defendants’ Counsel will remit the deposit of one million two hundred and fifty thousand dollars ($1,250,000.00), plus applicable taxes and all interest accumulated on these amounts to Class Counsel. In the event this Settlement Agreement is not finally approved, the deposited funds and all interest thereon shall be returned no more than five (5) days later to the Settling Defendants.