Settlement Administration Expenses definition

Settlement Administration Expenses means the Settlement Administrator’s fee, and the expenses incurred by the Settlement Administrator in providing Notice, processing claims, exclusions, and objections, responding to inquiries from members of the Settlement Class, mailing checks for Approved Claims, and related services, paying taxes and tax expenses related to the Settlement Fund (including all federal, state or local taxes of any kind and interest or penalties thereon, as well as expenses incurred in connection with determining the amount of and paying any taxes owed and expenses related to any tax attorneys and accountants).

Settlement Administration Expenses means the expenses incurred by the

Settlement Administration Expenses means the expenses incurred by the Settlement Administrator in providing Notice (including CAFA notice), responding to inquiries from members of the Settlement Class, mailing checks, and related services, paying taxes and tax expenses related to the Settlement Fund (including all federal, state or local taxes of any kind and interest or penalties thereon, as well as expenses incurred in connection with determining the amount of and paying any taxes owed and expenses related to any tax attorneys and accountants).

Examples of Settlement Administration Expenses in a sentence

• Within seven (7) days after the Court enters Final Approval, the Settlement Administrator will provide Class Counsel and Defendant’s Counsel its good faith estimate of all outstanding and future Settlement Administration Expenses, which shall be deemed conclusively established if no objection is raised within seven (7) days after receipt.

• The Settlement Amount will be utilized to pay the Settlement Administration Expenses.

• The Parties agree that, if Xxxxxxxx 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, Serendib will remain responsible for paying all Settlement Administration Expenses incurred to that point.

• Innovative Heights agrees to pay the Settlement Amount of $285,000.00, which shall be used to pay the: (i) Settlement Class; (ii) Fee Award; (iii) Service Award; (iv) Settlement Administration Expenses; and (v) any taxes as described in Section E.3. Members of the Innovative Heights Class will not be required to submit a Claim Form to receive an Award.

More Definitions of Settlement Administration Expenses

Settlement Administration Expenses means the expenses incurred by the Settlement Administrator in or relating to administering the Settlement, providing Notice, mailing checks for Settlement Payments, and other such related expenses, with all such expenses to be paid from the Settlement Fund.

Settlement Administration Expenses means all fees, disbursements, expenses, costs, taxes and any other amounts incurred or payable for the approval, implementation and operation of this Settlement Agreement, including the costs of giving Notice and Settlement Approval Notice, but excluding Class Counsel Fees and Class Counsel Disbursements;

Settlement Administration Expenses are those expenses incurred by the Settlement Administrator in effectuating the Settlement.

Settlement Administration Expenses means the expenses incurred by the Settlement Administrator in providing Notice (including CAFA notice), processing claims, responding to inquiries from members of the Settlement Class, mailing checks for Approved Claims, and related services.

Settlement Administration Expenses means the reasonable and actually incurred fees, costs and expenses associated with retaining an Independent Fiduciary, retaining the Settlement Administrator, establishing and maintaining the Qualified Settlement Fund, providing notices required by CAFA, providing Class Notice, publishing Summary Notice, implementing the Notice Plan, and distributing payments to Participants Without Active Plan Accounts at the time of distribution of the Final Individual Dollar Recovery, as defined in the Plan of Allocation.

Settlement Administration Expenses means the expenses reasonably incurred in administering the Settlement, including expenses relating to establishing, maintaining, and administrating the Qualified Settlement Fund, expenses relating to the Claims Administrator’s providing Notice, and providing payment to Settlement Class Members.

Settlement Administration Expenses means the reasonable and actually incurred fees, costs and expenses associated with retaining the Settlement Administrator, providing Class Notice, publishing Summary Notice, implementation of the Plan of Allocation and any other costs otherwise actually and reasonably incurred by the Settlement Administrator in administering the Settlement.