Expense Awards definition
Examples of Expense Awards in a sentence
Class Counsel shall allocate any Attorneys’ Fee Awards and Expense Awards among counsel for the Class Plaintiffs and counsel for other plaintiffs in the Class Actions in a manner which they in good faith believe reflects the contribution of those counsel to the prosecution and settlement of the Class Actions in this Action.
Class Counsel reserve the right to make additional applications for Attorneys’ Fee Awards and Expense Awards for fees and expenses incurred after the Preliminary Approval Date, including for achieving the Settlement Final Approval Date and Settlement Final Date, and for the administration of this Class Settlement Agreement.
Any approved notice shall describe the Settlement; the proposed Plan of Allocation; the attorneys’ Fee and Expense Applications and/or Fee and Expense Awards and Lead Plaintiffs’ Compensatory Awards (consistent with ¶¶ 7.0, 7.1, and 7.6); the date of the Final Approval Hearing; Settlement Class Members’ rights to opt out, object or otherwise be heard with regard to these matters; and Settlement Class Members’ opportunity to file claims upon the Net Settlement Fund.
Neither a modification nor a reversal on appeal of the Fee and Expense Awards shall be deemed a material modification of the Judgment or this Stipulation.
Plaintiff’s Counsel warrant that no portion of the Fee and Expense Awards shall be paid to Plaintiff or any Class Member, except as approved by the Court.
At a minimum, such documents will include the Settlement Agreement and attached exhibits, a downloadable Claim Form for anyone wanting to print a hard copy and mail in the Claim Form, and when filed, briefing on Class Counsel’s motion for Attorneys’ Fee and Expense Awards, briefing on Plaintiff’s motion for Service Awards, the Preliminary Approval Order, and the Final Approval Order.
If any payment for Fee and Expense Awards or Incentive Awards is made prior to the Final Settlement Approval Date, then such funds will be held in a client trust account by Class Counsel until the Final Settlement Approval Date.
Neither Defendants nor Defendants’ insurers shall have any responsibility or liability for any payment of attorneys’ fees and expenses, or any other Fee or Expense Awards that the Court may make in this Action, to Plaintiffs’ Counsel or any Settlement Class Member’s counsel, or to any other Person or entity who may assert some claim thereto, apart from payment of the Settlement Amount pursuant to ¶2.1.
The Defendants and the Released Defendant Persons shall have no input into or responsibility or liability for the allocation by Plaintiff’s Counsel of any Fee and Expense Awards.
In the event of an appeal of any or all of the Settlement Agreement, Final Approval Order, or Judgment in this Action or ▇▇▇▇▇▇▇ the Injunctive Relief Fee and Expense Awards described in Paragraph 27 will be paid into the Escrow Account pursuant to that paragraph, and the settlement payments described in Paragraph 3 will be paid into the Escrow Account on the schedule set forth that paragraph.