Payment of the Settlement Fund Sample Clauses

Payment of the Settlement Fund. Ford Canada will cause the Settlement Fund to be paid within twenty (20) Business Days of the entry of the order preliminarily approving the Settlement. Ford Canada will deposit the Settlement Fund payment in the Escrow Account under the custody of the Escrow Agent. Subject to Paragraphs 16, 17, 18, and 20, the Settlement Fund will be held in the Escrow Account until finally distributed pursuant to Paragraphs 17, 19, or 21. Until such distribution, except as expressly provided in this Agreement or in the Escrow Agreement, no distribution to any Class Member or disbursement of any kind may be made from the Escrow Funds.
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Payment of the Settlement Fund. On or before fourteen (14) calendar days after entry of the Preliminary Approval Order, ASIC shall deposit with the Settlement Administrator the amount estimated by the Settlement Administrator to cover the cost of providing notice to the Settlement Class and administering the Claims process. On the thirtieth calendar day after Final Approval, ASIC shall deposit into the Settlement Fund the difference between $700,000 and the amount previously paid by ASIC to the Settlement Administrator pursuant to the first sentence of this paragraph 2.1.1. The remaining $100,000 for the Settlement Fund will be deposited by Horizon Solar on the thirtieth calendar day after Final Approval, or on April 15, 2021, whichever date occurs later. The sums deposited into the Settlement Fund by ASIC and HOSOPO shall be used to (1) pay each Authorized Claimant, (2) pay the Court-ordered award of Settlement Class Counsel’s Fees, Ccosts, and Expenses, (3) pay or cause to pay the Court-ordered Service Award to the Class Representative, and (4) pay the Settlement Administrator.
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Payment of the Settlement Fund. On or before fourteen (14) calendar days after entry of the Preliminary Approval Order, Defendant and its insurers shall pay the amount estimated by the Settlement Administrator to cover the cost of providing notice to the Settlement Class and administering the Claims process. On the thirtieth calendar day after Final Approval, Defendant and its insurers shall deposit into the Common Fund the remaining amounts.
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Payment of the Settlement Fund. 52. The Settlement Fund shall be paid by Xxxxxxx Xxxxxx Bank into the Escrow Account within seven (7) days of Preliminary Approval, subject to Chelsea Groton Bank’s receipt of a properly completed W-9 Form from the Settlement Administrator. Chelsea Groton Bank shall not be required to pay any portion of the Settlement Fund until it has received a properly completed W-9 Form from the Settlement Administrator.
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Payment of the Settlement Fund. The Settlement Administrator shall pay all Settlement Awards from the Settlement Fund to Members of the Settlement Class in accordance with the following provisions.
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Payment of the Settlement Fund. On or before fourteen (14) calendar days after entry of the Preliminary Approval Order, Divvydose shall pay the amount estimated by the Settlement Administrator to cover the cost of providing notice to the Settlement Class and administering the Claims process. On or before twenty-one (21) calendar days after the Effective Date, Divvydose shall provide the remainder of the Settlement Fund to the Settlement Administrator that was not already provided to the Settlement Administrator pursuant to the preceding sentence. Divvydose shall not have the obligation to segregate the funds comprising the Settlement Fund from its other assets, and if Divvydose retains and/or exercises authority or control over the funds comprising the Settlement Fund after entry of the Preliminary Approval Order, it shall do so in conformity with its obligations under this Agreement, applicable state and federal law, and Court order(s).
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Payment of the Settlement Fund. On or before fourteen (14) calendar days after entry of the Preliminary Approval Order, AAG shall pay the amount estimated by the Settlement Administrator to cover the cost of providing notice to the Settlement Class and administering the Claims process. On or before twenty-one (21) calendar days after the Effective Date, AAG shall provide the remainder of the Settlement Fund to the Settlement Administrator that was not already provided to the Settlement Administrator pursuant to the preceding sentence. AAG shall not have the obligation to segregate the funds comprising the Settlement Fund from its other assets, and if AAG retains and/or exercises authority or control over the funds comprising the Settlement Fund after entry of the Preliminary Approval Order, it shall do so in conformity with its obligations under this Agreement, applicable state and federal law, and Court order(s).
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Related to Payment of the Settlement Fund

  • The Settlement Fund 37. Releasors shall look solely to the Settlement Fund for settlement and satisfaction of all Released Claims against the DENSO Defendants and the Releasees, and shall have no other recovery against the DENSO Defendants or any other Releasee for any Released Claims.

  • ADMINISTRATION OF THE SETTLEMENT 27. Any Settlement Class Member who fails timely to submit a valid Proof of Claim (substantially in the form of Exhibit 2 to Exhibit A) will not be entitled to receive any of the proceeds from the Net Settlement Fund, except as otherwise ordered by the Court, but will otherwise be bound by all of the terms of this Stipulation and the Settlement, including the terms of the Judgment or Alternative Judgment to be entered in the Action and all releases provided for herein, and will be barred from bringing any action against the Released Defendant Parties concerning the Released Claims.

  • Settlement Fund All payments under this Section IV shall be made into the Settlement Fund, except that, where specified, they shall be made into the Settlement Fund Escrow. The Settlement Fund shall be allocated and used only as specified in Section V.

  • Objections to the Settlement 7.1 Any Settlement Class Member who wishes to object to the Settlement Agreement must submit a timely and valid written notice of his or her objection (“Objection”) by the Objection Deadline (as defined herein). Such notice shall: (i) state the objecting Settlement Class Member's full name, current address, telephone number, and email address (if any); (ii) contain the objecting Settlement Class Member's original signature; (iii) set forth information identifying the objector as a Settlement Class Member, including proof that the objector is within the Settlement Class (e.g., copy of the Notice or copy of original notice of the Data Security Incident); (iv) set forth a statement of all grounds for the objection, including any legal support for the objection that the objector believes applicable; (v) identify all counsel representing the objector; (vi) state whether the objector and/or his or her counsel will appear at the Final Approval Hearing, and; (vii) contain the signature of the objector's duly authorized attorney or other duly authorized representative (if any), along with documentation setting forth such representation.

  • Settlement Funding and Payments (a) Rite Aid agrees to pay up to twenty million and nine-hundred thousand dollars and no cents ($20,900,000), in order to fully and finally resolve the Wage-Hour Lawsuits in their entirety, inclusive of all Attorneys’ Fees and Lawsuit Costs; interest; Administration Costs; liquidated, punitive and multiplier of damages; taxes; payroll taxes, Employer Payroll Taxes, and Incentive Awards, if any. Rite Aid shall not be responsible for any taxes imposed by law on the Settlement Class Members as a result of payments made to the Settlement Classes, or any other sums in excess of the Gross Settlement Amount.

  • Payment of Settlement Amount (1) Within thirty (30) days of the Date of Execution, the Settling Defendants shall pay the Settlement Amount to Siskinds LLP, for deposit into the Trust Account.

  • EXCLUDING YOURSELF FROM THE SETTLEMENT If you are a Settlement Class Member and you want to keep any right you may have to sue or continue to sue the Defendant and Released Parties on your own based on the legal claims raised in this lawsuit or released by the Released Claims, then you must take steps to get out of the Settlement. This is called excluding yourself from – or “opting-out” of – the Settlement.

  • Settlement Account 4.1 The Scheduling Coordinator shall maintain at all times an account with a bank capable of Fed-Wire transfer to which credits or debits shall be made in accordance with the billing and Settlement provisions of Section 11 of the CAISO Tariff. Such account shall be the account as notified by the Scheduling Coordinator to the CAISO from time to time by giving at least 20 days written notice before the new account becomes operational, together with all information necessary for the CAISO's processing of a change in that account.

  • Certification of the Settlement Class For purposes of this Settlement only, the Parties stipulate to the certification of the Settlement Class, which is contingent upon the Court entering the Final Approval Order and Judgment of this Settlement and the occurrence of the Effective Date.

  • IN THE SETTLEMENT 4. How do I know if I am part of the Settlement? If you received this notice, then Defendant’s records indicate that you are a Class Member who is entitled to receive a payment or credit to your account. YOUR OPTIONS

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