Settlement Administrator Duties Sample Clauses

Settlement Administrator Duties. The Settlement Administrator shall:
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Settlement Administrator Duties. 59. The Settlement Administrator will create a Qualified Settlement Fund (“QSF”), to be funded by the Maximum Settlement Amount paid by Urban and administered by the Settlement Administrator. The Settlement Administrator shall have control over the distribution of funds from the QSF, once funded. With respect to the QSF, the Settlement Administrator shall: (1) satisfy all federal, state and local and income and other tax reporting, return, and filing requirements with respect to the QSF and any interest or other income earned by the QSF; and (2) satisfy out of the QSF all fees, expenses and costs incurred in connection with the opening and administration of the QSF and the performance of its duties and functions as described in this Settlement Agreement. The aforementioned fees, costs and expenses shall be treated as and included in the costs of administering the QSF and as Settlement Administration Expenses. The Parties agree to cooperate with the Settlement Administrator and one another to the extent reasonably necessary to carry out the provisions of this Section. If the Court does not enter the Final Approval Order and Judgment or if the Effective Date does not occur, Urban shall not be obligated to wire the aforementioned funds.
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Settlement Administrator Duties. 21 1. The Settlement Administrator shall (1) mail and email the Notice and 22 Enhancement Claim Form after performing any address checks required by Section V.B.5; (2) 23 respond to questions from Class Members; (3) distribute Individual Settlement Awards to
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Settlement Administrator Duties. The Settlement Administrator shall be responsible for processing Claim Forms, creating and administering the Settlement Website, reporting opt out information to plaintiff and defense counsel, conducting a reverse look-up and sending out either email or mail Class Notice as set forth in Section 4.3, and fulfilling Valid Claims of Settlement Class Members who request payment of monetary relief.
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Settlement Administrator Duties. The duties of the Settlement Administrator, in addition to other responsibilities that are described in this Agreement, are as follows:
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Settlement Administrator Duties. 5.1. In addition to issuing Notice as set forth in this Agreement, the Settlement Administrator shall process and administer the Claim Forms submitted by Settlement Class Members, calculate Settlement Class Members’ claims pursuant to this Agreement and the Plan of Allocation, oversee distribution of the Settlement Fund and perform all claims administration procedures necessary or appropriate in connection therewith, all in accordance with the terms of this Agreement. The Settlement Administrator shall also issue to each Plaintiff, Authorized Claimant, and Plaintiffs’ Counsel an IRS Form 1099 for any award or amount paid pursuant to this Stipulation. Defendant, Defendant’s Counsel and the Released Parties shall not have any liability or responsibility for any taxes or tax expenses resulting from the Settlement.
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Settlement Administrator Duties. The Settlement Administrator shall assist with various administrative tasks, including, without limitation, (i) publication and/or mailing or arranging for the publication and/or mailing of the Class Notice and creation and maintenance of a website as further described herein containing all pertinent class action settlement forms and information; (ii) handling returned mail not delivered and making any additional mailings required under Section 8; (iii) responding, as necessary, to inquiries from Class Members and potential Class Members or directing them to Class Counsel; (iv) providing to Class Counsel and counsel for Defendants within five (5) business days of receipt copies of all objections and/or notices of intention to appear, (v) preparing a list of all persons who submitted objections to the settlement and submitting an affidavit attesting to the accuracy of that list; and (vii) providing Defendants’ counsel and Class Counsel within seven (7) business days after the Claim Deadline Date, as described in Section 24 herein, copies of all Claim Forms returned by Class Members. Class Counsel will supply the Settlement Administrator with all information and data reasonably available and necessary to implement its responsibilities under this Agreement. Defendants have provided to Class Counsel, in discovery or otherwise, the available information and data regarding medical claims.
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Related to Settlement Administrator Duties

  • Administrator Duties The Administrator has a duty to perform or observe all tasks to be performed or observed by the Administrator contained in this Agreement or otherwise.

  • Settlement Administrator 1. The Settlement Administrator shall administer various aspects of the Settlement as described in Section IV and perform such other functions as are specified for the Settlement Administrator elsewhere in this Agreement, including, but not limited to, overseeing the distribution of the Settlement Fund to Settlement Class Members; providing E-mail Notice to Settlement Class Members as described in Section VII; establishing and operating the Settlement Website and a toll-free number.

  • Plan Administrator Duties The Plan Administrator shall administer this Agreement according to its express terms and shall also have the discretion and authority to (i) make, amend, interpret and enforce all appropriate rules and regulations for the administration of this Agreement and (ii) decide or resolve any and all questions, including interpretations of this Agreement, as may arise in connection with this Agreement to the extent the exercise of such discretion and authority does not conflict with Code Section 409A.

  • Settlement Administration The Settlement Administrator will conduct a skip trace for the address of all former employee Class Members. The Settlement Administrator will mail the Notice by first class U.S. mail to all Class Members at the address Defendants have on file for those Class Members and to all former employee Class Members at the address resulting from the skip trace. The Notice will inform Class Members that they have until the Response Deadline to either object to the Settlement or to opt-out of the Settlement. Any Class Member who does not receive Notice after the steps outlined above have been taken will still be bound by the Settlement and/or judgment.

  • Administrative Duties of the Custodian The Custodian shall perform the following administrative duties with respect to Investments of the Fund.

  • Administrative Duties 94 SECTION 12.2 Records.....................................................................97 SECTION 12.3 Additional Information to be Furnished to the Issuer........................97

  • Agreement Administration SBBC has delegated authority to the Superintendent of Schools or his/her designee to take any actions necessary to implement and administer this Agreement.

  • Program Administration An activity relating to the general management, oversight and coordination of community development programs. Costs directly related to carrying out eligible activities are not included.

  • Engagement of Administrator The Issuer and the Owner Trustee engage the Administrator to perform the obligations of the Issuer and the Owner Trustee under the Transaction Documents as described in this Agreement, and the Administrator accepts the engagement.

  • Contract Administrator 22.1. ADMINISTRATOR will provide consultation and technical assistance in monitoring the terms of this Agreement

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