Independent Fiduciary Fees definition

Independent Fiduciary Fees means the reasonable fees and expenses of the Independent Fiduciary. The Independent Fiduciary Fees shall be payable from the Settlement Fund after such funds are deposited with the Escrow Agent and upon receipt of an invoice from the Independent Fiduciary.
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Independent Fiduciary Fees means the fees and expenses of the Independent Fiduciary. Any Independent Fiduciary Fees up to $25,000 shall be payable by Defendant; amounts in excess of $25,000 shall be payable from the Settlement Amount after such funds are deposited with the Escrow Agent and upon receipt of an invoice from the Independent Fiduciary.
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Independent Fiduciary Fees means the fees and expenses of the
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Examples of Independent Fiduciary Fees in a sentence

  • That review took place in 2021, with the new policy going live from January 2022.

  • 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.

  • 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.

  • Any award of Attorneys’ Fees and Expenses and Case Contribution Awards approved by the Court, in addition to the Administration Costs, Independent Fiduciary Fees and Costs, and Taxes and Tax-Related Costs will be paid from the Settlement Fund.

  • The Total Settlement Payment specifically satisfies any and all claims for costs and attorneys’ fees by Class Counsel, Case Contribution Award(s) to Named Plaintiffs, Settlement Administration Expenses, Independent Fiduciary Fees and Costs, and Taxes, in addition to any amounts to be distributed to Settlement Class members pursuant to this Settlement Agreement.

  • If this is required, I understand that the ID number and passwords issued to me will be a unique code that identifies me for the computer systems.

  • Notwithstanding anything else in this Agreement (except with respect to Independent Fiduciary Fees and costs in excess of $25,000), in no event shall Defendants be required to pay any amounts other than the Settlement Amount.

  • Such amount shall, in the first instance, be used to pay the Independent Fiduciary Fees and Costs and Settlement Administration expenses actually and reasonably incurred.

  • 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.

  • The Independent Fiduciary Fees shall be paid from the Settlement Amount and such payment shall be considered an Administrative Cost.

Related to Independent Fiduciary Fees

  • Independent Fiduciary means an independent fiduciary who will serve as a fiduciary to the Plan in accordance with Article 3 that has no relationship or interest in any of the Settling Parties and is mutually agreed to by the Settling Parties.

  • independent review committee means the independent review committee of the investment fund established under National Instrument 81-107 Independent Review Committee for Investment Funds;

  • Independent Adviser means an independent financial institution of international repute or an independent financial adviser with appropriate expertise appointed by the Issuer under Condition 5(j)(i).

  • Independent living services means services and activities provided to a child in foster care 14 years

  • Independent Financial Adviser means an independent financial institution of international repute appointed by the Company at its own expense.

  • Advisor or “ADVISORS” means the Person or Persons, if any, appointed, employed or contracted with by the Company pursuant to Section 8.1 hereof and responsible for directing or performing the day-to-day business affairs of the Company, including any Person to whom the Advisor subcontracts all or substantially all of such functions.