Examples of Settlement Administration Expenses in a sentence
To the extent the Settlement Administration Expenses that are documented and approved by the Court are less than the amount requested, the remainder will be retained in the Net Settlement Amount for distribution to Participating Class Members.
Within twenty-one (21) calendar days after the funding of the Settlement, the Administrator will make payment of all Settlement Shares to Participating Class Members, as well as payment of Class Counsel Fees Payment, Class Counsel Litigation Expenses Payment, Class Representative Service Payments, Settlement Administration Expenses, PAGA Payment, and payroll tax payment and remittance to relevant taxing authorities, in accordance with this Agreement.
Subject to approval of the Settlement by the Superior Court, the Company agrees to deposit the Gross Settlement Amount into a Qualified Settlement Fund (“QSF”) set up by the Settlement Administrator for purposes of processing the Settlement and paying the Service Award, the Settlement Administration Expenses Award, the Attorney’s Fees and Costs Award, the Reserve Fund, and the Settlement Awards.
If Defendant withdraws, the Settlement shall be void ab initio, have no force or effect whatsoever, and neither Party shall 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 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 DocuSign Envelope ID: CFA6DA4E-A8A6-4D5B-9EE3-3F29BF7E061B this Agreement; provided, however, Defendant will remain responsible for paying all Settlement Administration Expenses incurred to that point.