Examples of Settlement Administration in a sentence
The Parties agree that, if Defendant withdraws, the Settlement shall be void ab initio, have no force or effect whatsoever, and that neither Party will have any further obligation to perform under this Agreement; provided, however, Defendant will remain responsible for paying all Settlement Administration Expenses incurred to that point.
The pro rata monetary payment will be calculated by dividing the amount available from the Settlement Fund after the deduction of any Notice and Settlement Administration Costs, attorneys’ fees, litigation expenses, and Service Awards, by the number of Settlement Class Members who submit valid claims under the Settlement.
The Parties agree that, if Blue Chip withdraws, the Settlement shall be void ab initio, have no force or effect whatsoever, and that neither Party will have any further obligation to perform under this Agreement; provided, however, Blue Chip will remain responsible for paying all Settlement Administration Expenses incurred to that point.
Plaintiff is responsible for Settlement Administration, including the cost of settlement administration.
From the Settlement Fund, the Settlement Administrator shall pay all Costs of Settlement Administration; all valid Claims; any Service Awards to the Class Representatives; and any attorneys’ fees and costs to Class Counsel and Plaintiffs’ Counsel.