Cost of Settlement Administration Sample Clauses

Cost of Settlement Administration. The fees and expenses of the Settlement Administrator shall be paid from the Gross Settlement Fund within ten (10) business days after Defendant fully funds the Gross Settlement Fund. If Defendant opts to terminate the Settlement Agreement pursuant to the terms of this agreement, then Defendant shall bear the cost of such fees and expenses. If the Settlement Agreement is not given final approval by the Court for any other reason, the Parties shall bear the cost of such fees and expenses equally.
AutoNDA by SimpleDocs
Cost of Settlement Administration. RMCHCS will be responsible for the cost of settlement administration and notice, including the payment of the Claims Administrator and the Claims Referee, if needed. The cost of settlement administration will not affect any benefit provided to Settlement Class Members, including Plaintiffs. Except for the Court-approved Class Counsel Payment and Court-approved Service Awards, RMCHCS will not be responsible for, and will not pay, any additional costs or fees incurred by Plaintiffs or Class Counsel with respect to the negotiation, implementation, or administration of the settlement, or any costs incurred by any Settlement Class Member in connection with participating in, opting out of, or objecting to the settlement.
Cost of Settlement Administration. Defendant will be responsible for the cost of settlement administration, including the payment of the Claims Administrator. The cost of settlement administration will not affect any benefit provided to Settlement Class Members, including Plaintiff. Except for the Court-approved Class Counsel Payment and Court-approved Service Award, Defendant will not be responsible for, and will not pay, any additional costs or fees incurred by Plaintiff or Class Counsel with respect to the negotiation, implementation, or settlement administration, or any costs incurred by any Settlement Class Member in connection with participating in, opting out of, or objecting to the settlement.
Cost of Settlement Administration. Defendant will be responsible for the cost of settlement administration, including the payment of the Claims Administrator. The cost of settlement administration will not affect any benefit provided to Settlement Class Members, including Plaintiffs. Except for the Court-approved Class Counsel Payment and Court-approved Service Award, Defendant will not be responsible for, and will not pay, any additional costs or 2 The Short Form Notice shall consist of a Short Form Notice directed to Settlement Class Members (attached as Exhibit C-1) and a Short Form Notice directed to California Subclass Members (attached as Exhibit C-2). fees incurred by Plaintiffs or Class Counsel with respect to the negotiation, implementation, or settlement administration, or any costs incurred by any Settlement Class Member in connection with participating in, opting out of, or objecting to the settlement.
Cost of Settlement Administration. Separate from and in addition to the Settlement Fund, the City shall pay all settlement administration fees and costs, including but not limited to, those for: (i) preparing, mailing and monitoring all necessary notices and related documents; (ii) developing, maintaining and operating a website specifically created for the settlement of the Lawsuits and the submission of claims; (iii) communicating with and responding to Class Members; (iv) computing settlement payments and/or debt extinguishment for Class Members; (v) distributing payments to Class Members; (vi) postage costs, (vii) costs associated in locating Class Members and reissuing checks, (vii) fees and costs incurred for any vendors or other third parties in the administration of the settlement, and (viii) other fees and costs reasonably incurred in administering the settlement contemplated herein (collectively, the “Settlement Administration Costs”).
Cost of Settlement Administration. All costs and expenses of settlement administration shall be paid exclusively from the Settlement Fund and under no circumstances shall the Fifth Third/Vantiv Defendants have any responsibility, duty, or obligation to pay any amount in addition to the Settlement Fund to cover the costs and expenses of settlement administration. Such costs shall include, but not be limited to: (i) preparing, mailing, and monitoring all necessary notices and related documents; (ii) developing, maintaining, and operating the Settlement Website; (iii) communicating with and responding to Settlement Class Members; (iv) processing claims submitted by Settlement Class Members and computing settlement payments for Settlement Class Members; (v) distributing payments to Settlement Class Members; (vi) postage costs; (vii) costs associated in locating Settlement Class Members and reissuing checks; (viii) fees and costs incurred for any vendors or other third parties in the administration of the settlement; (ix) tax obligations in connection with interest earned on the Settlement Fund; (x) the costs of the CAFA Notice (as defined in Paragraph 10); (xi) costs of establishing and maintaining an escrow account for the Settlement Payment; and (xii) other fees and costs reasonably incurred in administering the settlement contemplated herein (collectively, the “Settlement Administration Costs”). The Fifth Third/Vantiv Defendants shall have no responsibility for the correct distribution of the funds and any errors shall be the responsibility of the Settlement Administrator and Settlement Class Counsel.
Cost of Settlement Administration. 21. Administration Costs will be an expense of the Action payable out of the Settlement Fund. Defendant, the Reinsurers, and Kitty Hawk shall bear no responsibility for the costs, fees or expenses described in this Paragraph, beyond the obligations described in paragraphs 2 and (with respect to Defendant) 20 above.
AutoNDA by SimpleDocs
Cost of Settlement Administration. Class Counsel will further apply to the Court for approval of fees and expenses of the Settlement Administrator that shall not exceed Fifteen Thousand Dollars ($15,000) and shall be paid from the Settlement Amount within forty-five (45) calendar days of the Effective Date. Defendant will not oppose such application. These costs, which will be paid from the Settlement Amount, will include, inter alia, the required tax reporting on the Individual Settlement Payments, the issuing of 1099 and W-2 IRS Forms, distributing Notice Packets, calculating and distributing Individual Settlement Payments, and providing necessary reports and declarations. If Defendant opts to terminate the Settlement Agreement pursuant to the terms of this Agreement, then Defendant shall bear the cost of such fees and expenses. If the Agreement is not given final approval by the Court for any other reason, the Parties shall bear the cost of such fees and expenses equally.
Cost of Settlement Administration. The fees and expenses of the Settlement 27 Administrator (not to exceed $15,000) shall be paid from the Gross 1 Settlement Fund within ten (10) business days after Defendant funds the 2 Gross Settlement Fund. If Defendant opts to terminate the Settlement 3 Agreement pursuant to the terms of this Agreement, then Defendant shall 4 bear the cost of such fees and expenses. If Plaintiffs opt to terminate the 5 Settlement Agreement pursuant to the terms of this Agreement, then 6 Plaintiffs shall bear the cost of such fees and expenses. If the Settlement 7 Agreement is not given final approval by the Court for any other reason, the 8 Parties shall bear the cost of such fees and expenses equally.
Cost of Settlement Administration. All costs and expenses of settlement administration shall be paid exclusively from the Settlement Fund. Such costs shall include, but not be limited to: (i) preparing, mailing, and monitoring all necessary notices and related documents; (ii) developing, maintaining, and operating the Settlement Website; (iii) communicating with and responding to Settlement Class Members; (iv) processing claims submitted by Settlement Class Members and computing settlement payments for Settlement Class Members; (v) distributing payments to Settlement Class Members; (vi) postage costs; (vii) costs associated in locating Settlement Class Members and reissuing checks; (viii) fees and costs incurred for any vendors or other third parties in the administration of the settlement; (ix) tax obligations in connection with interest earned on the Settlement Fund; (x) the costs of the CAFA Notice (as defined in Paragraph 10); (xi) costs of establishing and maintaining an escrow account for the Settlement Payment; and (xii) other fees and costs reasonably incurred in administering the settlement contemplated herein (collectively, the “Settlement Administration Costs”).
Time is Money Join Law Insider Premium to draft better contracts faster.