Settlement Administration definition
Examples of Settlement Administration in a sentence
The Amount of the Net Settlement available for Settlement Class Member distribution is unknown at this time and will be based upon the amount of the Settlement Administration Costs, the amount of attorneys’ fees, costs, and Service Awards, and the number of Valid Claims received from Settlement Class Members.
Your completed Claim Form must be submitted online or mailed to the Settlement Administrator at <Mailing caption>, c/o Kroll Settlement Administration LLC, P.O. Box XXXX, New York, NY 10150-XXXX and postmarked, by [DATE].
The Settlement Fund shall be used to pay Settlement Class Members their respective Settlement Class Member Payments; any and all attorneys’ fees and costs awarded to Class Counsel; any Service Award to each of the Class Representatives; and all Settlement Administration Costs.
A Tier Cash Payment is a pro rata share of the AT&T 1 Net Settlement Fund cash (the funds left after payment of Settlement Administration Costs, Attorneys’ Fees, Costs, and Service Awards).
The deductions from the Settlement Fund for attorneys’ fees and costs, Service Awards and Settlement Administration Costs will be pro rata based on the allocated amount for each of the Settlement Classes.