Plan of Allocation definition

Plan of Allocation means the proposed plan of allocation of the Net Settlement Fund set forth in the Notice.
Plan of Allocation means a plan or formula for allocating the Settlement Fund to Authorized Claimants after payment of Administrative Costs, Taxes and Tax Expenses, and such attorneysfees, costs, and expenses as may be awarded by the Court. Any Plan of Allocation is not a condition to the effectiveness of this Stipulation, and the Released Parties shall have no responsibility or liability with respect thereto.
Plan of Allocation means a plan or formula of allocation of the Net Settlement Fund whereby the Net Settlement Fund shall be distributed to Authorized Claimants. Any Plan of Allocation is not part of this Stipulation and neither Defendants nor their Related Parties shall have any responsibility or liability with respect thereto.

Examples of Plan of Allocation in a sentence

McWane shall have no participatory or approval rights with respect to the Plan of Allocation .

However, named individual Plaintiffs may still file objections to the Plan of Allocation or award of attorneys’ fees.

The claims administrator and Settlement Class Counsel recommend distribution of the net settlement fund as set forth below and in the Epiq Declaration, which is attached as Exhibit 2.The Plan of Allocation describes the distribution of the Net Settlement Fund to valid claimants.

The objective of the Plan of Allocation is to equitably distribute the Net Settlement Fund among Authorized Claimants on a pro rata basis.

No Person shall have any claim against Class Counsel, the Claims Administrator or other agent designated by Class Counsel, or any Defendant or any Defendants’ Counsel based on the distribution made substantially in accordance with the Stipulation and this Plan of Allocation, or further orders of the Court.


More Definitions of Plan of Allocation

Plan of Allocation means the proposed Plan of Allocation of Net Settlement Fund, which, subject to the approval of the Court, shall be substantially in the form described in the Notice.
Plan of Allocation means the proposed plan or formula of allocation of the Net Settlement Fund whereby the Settlement Fund shall be distributed to Authorized Claimants after payment of Notice and Administration Costs, Taxes, and such attorneysfees, costs, expenses, and interest and other expenses as may be awarded by the Court. The Plan of Allocation is not
Plan of Allocation means a plan or formula of allocation of the Net Settlement Fund whereby the Settlement Fund shall be distributed to Authorized Claimants, after payment of expenses of notice and administration of the Settlement, Taxes, and Tax Expenses and such attorneysfees, costs, expenses and interest and other expenses as may be awarded by the Court. Any Plan of Allocation is not part of the Stipulation and the Releaseees shall have no responsibility or liability with respect to the Plan of Allocation.
Plan of Allocation means the methodology for allocating and distributing the Net Settlement Amount in accordance with Article 6 herein.
Plan of Allocation means the methodology for allocating and distributing the Net Settlement Amount pursuant to Article 6 herein.
Plan of Allocation means a plan or formula of allocation of the Net Settlement
Plan of Allocation means the plan described in the Notice or any alternate plan approved by the Court whereby the Net Settlement Fund shall be distributed to Authorized Claimants. Any Plan of Allocation is not part of the Stipulation, and the Released Parties shall have no responsibility therefore or liability with respect thereto.