Fee Award definition
Examples of Fee Award in a sentence
Defendant may elect to contest Plaintiff’s requested Fee Award but otherwise Defendant takes no position on the amount to be sought by Plaintiff and awarded by the Court in accordance with this Agreement and applicable law.
The Settlement Fund shall be used to pay: (i) individual payments to Settlement Class Members; (ii) the costs of Notice and Administrative Expenses; (iii) any Service Award approved by the Court; and (iv) any Fee Award to Class Counsel approved by the Court.
Within twenty-one (21) days after the Effective Date, the Settlement Administrator shall pay to Class Counsel from the Gross Settlement Fund the amount awarded by the Court as a Fee Award.
The Fee Award shall be paid by electronic wire transfer to an account designated by Class Counsel.
In the event that the Court does not approve the requested Fee Award, or the Court awards attorneys’ fees and litigation expenses in an amount less than that requested, such decision shall not affect the validity and enforceability of the Settlement Agreement and shall not be a basis for rendering the entire Settlement null, void, or unenforceable.