Examples of Attorneys’ Expenses in a sentence
The Attorneys’ Expenses have been determined by the Court to be fair, reasonable, and appropriate.
Class Counsel shall make an application for an award of Attorneys’ Expenses, and an award of Attorneys’ Fees not to exceed thirty percent of the Settlement Fund.
Attorneys’ Expenses and Fees One final thing—our reversal of the Court of Chancery’s fair value determination does not resolve all the appeals before us.
This$140,000,000 Settlement Amount is the maximum amount that Defendants have agreed to pay under this Settlement, and that Amount will be used to pay, and will fully satisfy, all Settlement Payments to the Class Members, Administrative Expenses, Case Contribution Fees, Independent Fiduciary Fees, Attorneys’ Fees, Attorneys’ Expenses, and Taxes and Tax-Related Costs.
The Parties agree that Plaintiffs’ Counsel will be reimbursed for their Attorneys’ Expenses up to, but not in excess of, $2,000,000.
Defendants will not object to the Plaintiffs’ Counsel’s reasonable Fee and Expense Application, provided that (a) the fees requested are not more than thirty-five percent (35%) of the Settlement Amount, and (b) Attorneys’ Expenses do not exceed $2,000,000.
The Settlement Administrator will then first pay from the Escrow Account all the Administrative Expenses, Case Contribution Fees, Independent Fiduciary Fees, Taxes and Tax-Related Costs, and all remaining Attorneys’ Fees and Attorneys’ Expenses approved by the Court.
Consistent with the terms of Section J, within fourteen (14) days after the Effective Date, Defendants will cause 50% of the Attorneys’ Fees and Attorneys’ Expenses awarded by the Court in the Final Order and Judgment to be deposited into the Escrow Account.
The Settlement Amount will be used first to pay all Case Contribution Fees, all Administration Expenses, all Independent Fiduciary Fees, all Attorneys’ Fees, all Attorneys’ Expenses, and all Taxes and Tax-Related Costs.
Step 7: Each Class Member Plan’s Yearly Estimated Payment Percentage will then be multiplied by the amount of the Net Settlement Fund (i.e. $30,000,000 minus pro rata Attorneys’ Fees, Attorneys’ Expenses, Independent Fiduciary Fees, Case Contribution Fees, and Taxes and Tax-Related Costs) to determine the Yearly Payment (“Yearly Payment”) to each Plan.