Settlement Monetary Consideration. Those Settlement Class Members who 5 submit a timely, valid, and verified Claim Form, substantially in the form of Exhibit A, by the 6 Claim Deadline in the manner required by this Agreement, shall receive Claim Settlement 7 Relief under the following terms and conditions.
Settlement Monetary Consideration. 3.3.1 Within fourteen (14) days after the Effective Date, Discover will fund the Settlement Fund by depositing into an escrow account with the Settlement Administrator, the terms of which shall be subject to Discover’s approval, the Settlement Fund amount of nine hundred seventy-nine thousand five hundred dollars ($979,500). Under no circumstances shall Discover’s total financial obligation to fund the Settlement Fund exceed nine hundred seventy-nine thousand five hundred dollars ($979,500).
Settlement Monetary Consideration. RoundPoint Settlement Class Members who submit by the Claim Deadline a timely and valid Claim Form, substantially similar in form and content to Exhibit C and in the manner required by this Settlement Agreement, and making the required affirmations and representations as set forth in Section 7.1 below, shall receive a cash payment or credit (“Claim Settlement Relief”), in the manner set forth in Sections 7.4.3 and 7.4.4, under the following terms and conditions.
Settlement Monetary Consideration. 3.3.1 Within thirty (30) days of the Effective Date, CBUSA will fund the Settlement Fund by depositing into an escrow account, the terms of which shall be subject to CBUSA’s approval, the sum of $11,500,000.00 (11.5 million U.S. dollars). There shall be no reverter of any part of the Settlement Fund, unless otherwise agreed to by Class Counsel with respect to de minimis funds, if any, remaining after distributions are completed. Except as set forth in the paragraph below, the Settlement Fund shall be used to pay the CBUSA Post- Discharge Payors and Participating Claimants.
Settlement Monetary Consideration. 3.3.1 Within twenty-one (21) days after the Court’s entry of the Preliminary Approval Order, SoFi will initially fund the amount to cover administrative expenses by depositing into an escrow account, the terms of which shall be subject to SoFi’s approval, with the Settlement Administrator the sum of Twenty-Five Thousand Dollars ($25,000) to cover costs and expenses for implementing the terms of the Settlement set forth herein. Under no circumstances shall SoFi’s total financial obligation to pay the administrative expenses of the settlement exceed Twenty-Five Thousand Dollars ($25,000). Any costs or expenses related to administering the settlement that exceed Twenty-Five Thousand Dollars ($25,000) shall be deducted from the Settlement Fund. Any balance of this initial funding remaining following the implementation of the terms of the Settlement and payment of the Settlement Administrator shall revert to SoFi.
Settlement Monetary Consideration. 4.3.1. Defendant will fund a non-reversionary common Settlement Fund of $1,700,000, from which all Settlement Relief, Attorneys’ Fees and Costs, Notice and Administrative Costs, and any Incentive Award will be deducted. The Settlement Fund represents the limit and total extent of Defendant’ monetary obligations under this Agreement and the Settlement. In no event shall Defendant’ total financial liability with respect to this Agreement and the Settlement exceed $1,700,000.
Settlement Monetary Consideration. 3.2.1 M&T shall pay the total amount of $3,325,000 in relief, which shall comprise the Settlement Fund.
Settlement Monetary Consideration. 3.2.1 Within thirty (30) days after the Court’s entry of the Preliminary Approval Order, SC will fund the Settlement Fund by depositing the sum of Eight Hundred Thousand dollars ($800,000) into an escrow account with the Settlement Administrator, the terms of which shall be subject to SC’s approval.
Settlement Monetary Consideration. 4.5.1. Ocwen will fund a non-reversionary common Settlement Fund of $17,500,000, from which all Settlement Relief, Attorneys’ Fees and Costs, Notice and Administrative Costs, and Incentive Awards will be deducted. The Settlement Fund represents the limit and total extent of Ocwen’s monetary obligations under this Agreement and the
Settlement Monetary Consideration. Settlement Consideration under this Agreement includes the following:
