Examples of Settlement Administration Costs in a sentence
BPPR will pay all Settlement Administration Costs within 30 days following its receipt of an invoice from the Settlement Administrator, but not until BPPR has received a properly completed W-9 Form from the Settlement Administrator and subject to any and all applicable tax withholdings or treatment.
The Settlement Amount shall be applied as follows: to pay all Settlement Administration Costs; to pay any other Court-approved fees and expenses; to distribute the Net Settlement Fund to Settlement Class Members; to pay the Fee and Cost Award; and to pay the Service Award.
Within 5 days following the completion of the Class List, the Settlement Administrator shall provide an estimate of the Settlement Administration Costs to BPPR and Class Counsel.
All Settlement Administration Costs shall be payable out of the Settlement Amount.
The Settlement Amount shall be used only for payments to Settlement Class Members, Settlement Administration Costs, Attorneys’ Fees and Costs (described in Section 10), and the Service Award (described in Section 11).