Payment of Notice and Claims Administration Costs. Capital One will pay the reasonable costs of notice and Claims Administration that are incurred prior to the creation of the Settlement Fund, and Capital One will be given credit for all such payments which will be deducted from the Settlement Fund as set forth below. The Claims Administrator will provide to the Parties an estimate of the amount of costs required to email and mail Notice, establish the Settlement Website, and establish a toll-free telephone number, as well as any other initial administration costs to the Parties. Capital One will pay the estimated amount to the Claims Administrator within ten (10) business days after the entry of the Preliminary Approval Order. After that upfront payment of administration costs by Capital One, the Claims Administrator will xxxx Capital One monthly for the reasonable additional costs of Claims Administration, until such time as the Settlement Fund is established. Any amounts paid by Defendant for the estimated costs of Claims Administration which are not incurred by the Claims Administrator will be used for other Claims Administration costs, or will be deducted from future xxxxxxxx by the Claims Administrator. The Claims Administrator will maintain detailed records of the amounts spent on the administration of the Settlement and will provide those to the Parties monthly. At such time that Capital One funds the Settlement Fund, all amounts previously paid to the Claims Administrator by Capital One will be deducted from the total payment which Capital One is required to pay to create the Settlement Fund. After Capital One has created the Settlement Fund, Capital One will have no further obligation to pay any amount under this Settlement Agreement, and any additional Settlement Costs will be paid out of the Settlement Fund.
Payment of Notice and Claims Administration Costs. Defendant shall pay the reasonable costs of Notice and settlement administration which are incurred prior to the creation of the Settlement Fund, and Defendant will be given credit for any such payments in funding the Settlement Fund. The Claims Administrator shall provide an estimate of the amount of costs required to perform the reverse directory look-up, mail notice, establish the Settlement website, publish a nationwide notification in USA Today, and establish a toll-free telephone number, as well as any other initial administration costs to the Parties. The Parties shall have the right to review and approve the estimate prior to payment. If the estimate is not approved, the Parties may consider alternate administrators. Upon approval, Defendant shall pay the estimated amount to the Claims Administrator within ten (10) days after the entry of the Preliminary Approval Order. After that upfront payment of administration costs by Defendant, the Claims Administrator shall submit final billing to the Court at the final approval stage to request any additional expenses incurred as part of the administration to be paid out of the Settlement Funds. Any amounts paid by Defendant for the estimated costs of administration which are not incurred by the Claims Administrator shall be used for other administration costs, or shall be deducted from future xxxxxxxx by the Claims Administrator. The Claims Administrator shall maintain detailed records of the amounts spent on the administration of the Settlement and shall provide those to the Parties monthly. At such time that Defendant funds the Settlement Fund, all amounts previously paid to the Claims Administrator by Defendant shall be deducted from the Maximum Payment, which Defendant is required to pay to create the Settlement Fund. After Defendant has created the Settlement Fund and paid out the Maximum Payment required under this Settlement, Defendant shall have no further obligation to pay any amount under this Settlement, and any additional Settlement Costs shall be paid out of the Settlement Fund.
Payment of Notice and Claims Administration Costs. The Cruise Defendants will pay the reasonable costs of notice and claims administration that are reasonably incurred prior to the funding of the Settlement Fund, and those payments will be deducted from the amounts the Cruise Defendants’ make into the Settlement Fund on the Funding Date. Five (5) business days after the entry of Preliminary Approval, the Cruise Defendants will make an initial payment to the Settlement Administrator in the amount of Six Hundred Thousand U.S. Dollars ($600,000) to cover the initial costs of notice and administration, including but not limited to the media buy, Settlement Website, and costs of actual notice. Until the Settlement Fund is funded on the Funding Date, the Settlement Administrator will xxxx the Cruise Defendants monthly in equal portions for any additional reasonable costs of claims administration over and above the initial payment, including the reasonable costs required to update the addresses of the Settlement Class Members, print and mail Notice, establish the Settlement Website, and establish a toll-free telephone number, as well as any other administration cost reasonably related to the administration of the Settlement. The Settlement Administrator will maintain detailed records of the amounts spent on the administration of the Settlement and will provide them to Class Counsel and the Cruise Defendants’ Counsel monthly. The Settlement Administrator shall provide an accounting of all such costs and expenses and all sums received from the Cruise Defendants no later than fourteen
Payment of Notice and Claims Administration Costs. Defendant shall pay the reasonable costs of notice and settlement administration that are incurred in administering this settlement. This payment shall also be paid in addition to, separate and apart from the payment to the Class Members. The Claims Administrator shall provide an estimate of the amount of costs required to provide notice, establish the settlement website, and establish a toll-free telephone number, as well as any other initial administration costs to the Parties. Defendant shall pay the estimated amount to the Claims Administrator within ten (10) business days after the entry of the Preliminary Approval Order. After that upfront payment of administration costs by Defendant, the Claims Administrator shall xxxx Defendant monthly for the reasonable additional costs of settlement administration. Any amounts paid by Defendant for the estimated costs of administration that are not incurred by the Claims Administrator shall be deducted from future xxxxxxxx by the Claims Administrator. The Claims Administrator shall maintain detailed records of the amounts spent on the administration of the settlement and shall provide those to the Parties monthly.
Payment of Notice and Claims Administration Costs. U.S. Bank shall pay the reasonable costs of notice and settlement administration that are incurred prior to the creation of the Settlement Fund, and U.S. Bank will be given credit for all such payments which shall be deducted from the Settlement Fund as set forth below. The Claims Administrator shall provide the Parties with an estimate of the costs of sending notice, establishing the Settlement Website and establishing a toll-free telephone number, as well as any other initial administration costs. The Claims Administrator shall provide U.S. Bank with wire instructions and its W-9 form before U.S. Bank is required to make any payments pursuant to this Settlement Agreement. The Claims Administrator shall provide U.S. Bank with an initial invoice for print and mail notice, postage, and publication notice. U.S. Bank shall pay initial invoice to the Claims Administrator within thirty (30) days after the entry of the Preliminary Approval Order. After that first payment of administration costs by U.S. Bank, the Claims Administrator shall xxxx U.S. Bank monthly for any reasonable additional costs of settlement administration, until such time as the Settlement Fund is established. Any amounts paid by U.S. Bank for the estimated costs of administration which are not incurred by the Claims Administrator shall be used for other administration costs, or shall be deducted from future xxxxxxxx by the Claims Administrator. The Claims Administrator shall maintain detailed records of the amounts spent on the administration of the Settlement and shall provide those to the Parties monthly. At such time that U.S. Bank funds the Settlement Fund, all amounts previously paid to the Claims Administrator by U.S. Bank shall be deducted from the total payment which it is required to pay to create the Settlement Fund under Section 4.04. After U.S. Bank has created the Settlement Fund, U.S. Bank shall have no further obligation to pay any amount under this Settlement Agreement, and any additional Settlement Costs shall be paid out of the Settlement Fund.
Payment of Notice and Claims Administration Costs. Defendants will pay the reasonable costs of notice and settlement administration that are incurred prior to the creation of the Settlement Fund, and Defendants will be given full credit for all such payments in funding the Settlement Fund. The Claims Administrator will provide an estimate of the amount of costs required to locate members of the Class, mail notice, establish the Settlement Website and establish a toll-free telephone number, as well as any other initial administration costs to the Parties. Defendants will pay the Claims Administrator as needed and appropriate, and the Claims Administrator will bill Defendants monthly for the additional costs of Settlement administration, until such time as the Settlement Fund is established. Any amounts paid by Defendants for the estimated costs of administration that are not incurred by the Claims Administrator are to be used for other administration costs or will be deducted from future xxxxxxxx by the Claims Administrator. The Claims Administrator will maintain detailed records of the amounts spent on the administration of the Settlement and will provide those records to the Parties monthly. At such time that Defendants fund the Settlement Fund, all amounts previously paid to the Claims Administrator by Defendants will be deducted from the Settlement Fund Defendants are required to fund. After Defendants have created the Settlement Fund, Defendants and ClearLight will have no further obligation to pay any amount under this Settlement, and any additional Settlement Fees And Expenses will be paid out of the Settlement Fund.
Payment of Notice and Claims Administration Costs. The Cruise Defendants will pay the reasonable costs of notice and claims administration that are reasonably incurred prior to the funding of the Settlement Fund, and those payments will be deducted from the Gross Settlement Fund on or before the Funding Date. The Settlement Administrator will maintain detailed records of the amounts spent on the administration of the Settlement and will provide them to Class Counsel and the Cruise Defendants’ Counsel monthly. The Settlement Administrator shall provide an accounting of all such costs and expenses and all sums paid by the Cruise Defendants no later than fourteen (14) days prior to the Final Approval Hearing, however, in no event will the administration costs exceed $10,000. After the Cruise Defendants have funded the Settlement Fund, the Cruise Defendants shall have no further obligation to pay any amount whatsoever under this Agreement. At the conclusion of the Claims Administration, the Settlement Administrator will also provide an accounting to the Parties of the Settlement Administration Costs and how the amounts in the Settlement Fund were distributed.
Payment of Notice and Claims Administration Costs. All settlement administration costs, including the Claims Administrator fees, shall be taken directly from the Settlement Fund, once created. If this Agreement is terminated or fails to become effective, NCA shall be responsible for payment to the Claims Administrator of any claims administration costs necessarily incurred by the Claims Administrator, unless such termination of failure is the result of bad faith or improper conduct of Plaintiff or Class Counsel.
Payment of Notice and Claims Administration Costs. Life Time will pay the reasonable costs of notice and settlement administration upon invoices by the Claims Administrator, on a schedule to be agreed upon by the Claims Administrator and Life Time. The Claims Administrator will maintain detailed records of the amounts spent on the administration of the Settlement and will provide that information to Life Time and Class Counsel monthly.
Payment of Notice and Claims Administration Costs. Defendant shall pay the Claims Administrator no more than Nine Thousand Five Hundred Dollars and Zero Cents ($9,500.00) as full and complete compensation for all costs required to provide notice, establish the settlement website, and establish a toll-free telephone number, as well as any other initial administration costs to the Parties. Defendant shall pay Nine Thousand Five Hundred Dollars and Zero Cents ($9,500.00) to the Claims Administrator within fourteen (14) days after the entry of the Preliminary Approval Order.
