Common use of To the Settlement Administrator Clause in Contracts

To the Settlement Administrator. The Settlement Administrator will pay out of the Gross Settlement Amount to itself its reasonable fees and expenses that are documented and approved by the Court in an amount not to exceed $20,000 (“Settlement Administration Expenses”). To the extent the Settlement Administration Expenses that are documented and approved by the Court are less than $20,000, the remainder will be retained in the Net Settlement Amount for distribution to Participating Class Members.

Appears in 4 contracts

Samples: First Amended Class Action Settlement Agreement (Mistras Group, Inc.), Class and Representative Action Settlement Agreement, Class Action Settlement Agreement (Mistras Group, Inc.)

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To the Settlement Administrator. The Settlement Administrator will pay out of the Gross Settlement Amount to itself its reasonable fees and expenses that are documented and approved by the Court in an amount not to exceed $20,000 73,000 (“Settlement Administration Expenses”). To the extent the Settlement Administration Expenses that are documented and approved by the Court are less than $20,00073,000, the remainder will be retained in the Class Net Settlement Amount Fund for distribution to Participating Class Members.

Appears in 2 contracts

Samples: Class and Collective Action Settlement Agreement, Class and Collective Action Settlement Agreement

To the Settlement Administrator. The Settlement Administrator will pay to itself out of the Gross Total Settlement Amount to itself its reasonable fees and expenses that are documented and approved by the Court in an amount not to exceed $20,000 (“Settlement Administration Expenses”). To 35,000 and under the extent the Settlement Administration Expenses that are documented and terms approved by the Court are less than $20,000, and counsel for the remainder will be retained in Parties when it makes the Net Settlement Amount for distribution Class Counsel Fees and Expenses Payment to Participating Class MembersCounsel.

Appears in 1 contract

Samples: Settlement Agreement

To the Settlement Administrator. The Settlement Administrator will pay out of the Gross Settlement Amount to itself its reasonable fees and expenses that are documented and approved by the Court in an amount not to exceed $20,000 18,500 (“Settlement Administration Expenses”). To the extent the Settlement Administration Expenses that are documented and approved by the Court are less than $20,00018,500, the remainder will be retained in the Net Settlement Amount for distribution to Participating Class Members.

Appears in 1 contract

Samples: Class Action Settlement Agreement and Release of Claims

To the Settlement Administrator. The Settlement Administrator will pay out of the Gross Settlement Amount to itself its reasonable fees and expenses that are documented and approved by the Court in an amount expenses, not to exceed $20,000 300,000 (“Settlement Administration Expenses”though the parties do not anticipate such expenses to exceed $200,000). To the extent the Settlement Administration Expenses that are documented and , only after such payment has been approved by the Court are less than $20,000, the remainder will be retained in the Net Settlement Amount for distribution to Participating Class MembersCourt.

Appears in 1 contract

Samples: Settlement Agreement

To the Settlement Administrator. The Settlement Administrator will pay out of the Gross Settlement Amount to itself its reasonable fees and expenses that are documented and approved by the Court in an amount not to exceed $20,000 12,000 (“Settlement Administration Expenses”). To the extent the Settlement Administration Expenses that are documented and approved by the Court are less than $20,00012,000, the remainder will be retained in the Net Settlement Amount for distribution to Participating Class Members.

Appears in 1 contract

Samples: Class Action and Paga Settlement Agreement and Release of Claims

To the Settlement Administrator. The Settlement Administrator will pay out of the Gross Settlement Amount to itself its reasonable fees and expenses that are documented and approved by the Court in an amount not to exceed $20,000 15,000 (“Settlement Administration Expenses”). To the extent the Settlement Administration Expenses that are documented and approved by the Court are less than $20,00015,000, the remainder will be retained in the Net Settlement Amount for distribution to Participating Class Members.

Appears in 1 contract

Samples: Class Action Settlement Agreement

To the Settlement Administrator. The Settlement Administrator will pay out of the Gross Settlement Amount to itself its reasonable fees and expenses that are documented and approved by the Court in an amount not to exceed $20,000 30,000 (“Settlement Administration Expenses”). To the extent the Settlement Administration Expenses that are documented and approved by the Court are less than $20,000, 30,000 the remainder will be retained in the Net Settlement Amount for distribution to Participating Class Members.

Appears in 1 contract

Samples: First Amended Class Action Settlement Agreement

To the Settlement Administrator. The Settlement Administrator will pay out of the Gross Settlement Amount to itself its reasonable fees and expenses that are documented and as approved by the Court in an amount Superior Court. Every effort will be undertaken to minimize this cost while still ensuring proper notice and administration of the fund. It is estimated that this fee will not to exceed $20,000 (“Settlement Administration Expenses”). To the extent the Settlement Administration Expenses that are documented and approved by the Court are less than $20,000, the remainder will be retained in the Net Settlement Amount for distribution to Participating Class Members50,000.

Appears in 1 contract

Samples: Proposed Agreement

To the Settlement Administrator. The Settlement Administrator will pay out of the Gross Settlement Amount to itself its reasonable fees and expenses that are documented and approved by the Court in an amount not to exceed $20,000 13,000.00 (“Settlement Administration Expenses”). To the extent the Settlement Administration Expenses that are documented and approved by the Court are less than $20,00013,000.00, the remainder will be retained in the Net Settlement Amount for distribution to Participating Class Members.

Appears in 1 contract

Samples: Class Action Settlement Agreement

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To the Settlement Administrator. The Settlement Administrator will pay to itself out of the Gross Total Settlement Amount to itself its reasonable fees and expenses that are documented and approved by the Court in an amount not to exceed $20,000 (“Settlement Administration Expenses”). To 23,000 and under the extent the Settlement Administration Expenses that are documented and terms approved by the Court are less than $20,000, and counsel for the remainder will be retained in Parties when it makes the Net Settlement Amount for distribution Class Counsel Fees and Expenses Payment to Participating Class MembersCounsel.

Appears in 1 contract

Samples: Settlement Agreement

To the Settlement Administrator. The Settlement Administrator will pay out of the Gross Settlement Amount to itself its reasonable fees and expenses that are documented and approved by the Court in an amount not to exceed $20,000 25,000 (“Settlement Administration Expenses”). To the extent the Settlement Administration Expenses that are documented and approved by the Court are less than $20,000, 25,000 the remainder will be retained in the Net Settlement Amount for distribution to Participating Class Members.

Appears in 1 contract

Samples: Class Action Settlement Agreement

To the Settlement Administrator. The Settlement Administrator will pay out of the Gross Settlement Amount to itself its reasonable fees and expenses incurred in the administration of this Settlement that are documented and approved by the Court in an amount not to exceed $20,000 (“Settlement Administration Expenses”). 18,000 To the extent the Settlement Administration Expenses fees and expenses that are documented and approved by the Court are less than $20,000, 18,000 the remainder will be retained in the Net Settlement Amount for distribution to Participating Class Members.

Appears in 1 contract

Samples: Class and Collective Action Settlement Agreement

To the Settlement Administrator. The Settlement Administrator will pay out of the Gross Settlement Amount to itself its reasonable fees and expenses that are documented and approved by the Court in an amount not to exceed $20,000 (“Settlement Administration Expenses”)10,000 . To the extent the Settlement Administration Expenses that are documented and approved by the Court are less than $20,00010,000, the remainder will be retained in the Net Settlement Amount for distribution to Participating Class Members.

Appears in 1 contract

Samples: Class Action Settlement Agreement

To the Settlement Administrator. The Settlement Administrator will pay out of the Gross Settlement Amount to itself its reasonable fees and expenses that are documented and approved by the Court in an amount not to exceed $20,000 15,000 (“Settlement Administration Expenses”). To the extent the Settlement Administration Expenses that are documented and approved by the Court are less than $20,00015,000, the remainder will be retained in the Net Settlement Amount for distribution to Participating Settlement Class Members.

Appears in 1 contract

Samples: First Amended Class Action Settlement Agreement

To the Settlement Administrator. The Settlement Administrator will pay out of the Gross Settlement Amount to itself its reasonable fees and expenses that are documented and approved by the Court in an amount not to exceed $20,000 (“Settlement Administration Expenses”). To the extent the Settlement Administration Expenses fees and expenses that are documented and approved by the Court are less than $20,000, the remainder unapproved portion will be retained in reverted to the Net Settlement Amount for distribution to Participating Class Members. The Parties shall not be responsible for paying the Settlement Administrator difference between the amount requested and the amount awarded by the Court.

Appears in 1 contract

Samples: Class Action Settlement Agreement

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