Administration Expenses Payment Sample Clauses

Administration Expenses Payment. 4 13. The Administrator shall calculate and administer the payment to be made to the 5 Class Members, transmit payment for attorneys’ fees and costs to Class Counsel, transmit the 6 Class Representative Service Payment to the Plaintiff, issue all required tax reporting forms, 7 calculate withholdings and perform the other remaining duties set forth in the Agreement. The 8 Administrator has documented $ in fees and expenses, and this amount is reasonable 9 considering the work performed by the Administrator.
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Administration Expenses Payment. (1) The Defendants will pay the Administration Expenses Payment to the Settlement Administrator in accordance with the timing required by the Settlement Administrator.
Administration Expenses Payment. An Administration Expenses Payment to the Administrator not to exceed $12,000.00 except for a showing of good cause and as approved by the Court. To the extent the Administration Expenses are less than this amount or the Court approves payment less than $12,000.00, the Administrator will retain the remainder in the Net Settlement Amount.
Administration Expenses Payment. “Administration Expenses Payment” means the amount the Administrator will be paid from the Gross Settlement Amount to reimburse its reasonable fees and expenses in accordance with the Administrator’s “not to exceed” xxx submitted to the Court in connection with Preliminary Approval of the Settlement.

Related to Administration Expenses Payment

  • COMPENSATION; EXPENSES (a) In consideration of the foregoing, the Advisor shall pay the Sub-advisor, with respect to the Fund, a fee as specified in Appendix B hereto. Such fees shall be accrued by the Advisor daily and shall be payable monthly in arrears on the first business day of each calendar month for services performed hereunder during the prior calendar month. If fees begin to accrue in the middle of a month or if this Agreement terminates before the end of any month, all fees for the period from that date to the end of that month or from the beginning of that month to the date of termination, as the case may be, shall be prorated according to the proportion that the period bears to the full month in which the effectiveness or termination occurs. Upon the termination of this Agreement with respect to the Fund, the Advisor shall pay to the Sub-advisor such compensation as shall be payable prior to the effective date of termination. (b) During the term of this Agreement, the Sub-advisor will pay all expenses incurred by it in connection with its activities under this Agreement other than the cost of securities and other investments (including brokerage commissions and other transaction charges, if any) purchased for the Portfolio. The Sub-advisor shall, at its sole expense, employ or associate itself with such persons as it reasonably believe to be particularly fitted to assist it in the execution of its duties under the Agreement. Except as set forth in Appendix B, the Sub-advisor shall not be responsible for the Trust’s, the Fund’s or the Advisor’s expenses, including any extraordinary and non-recurring expenses. (c) No fee shall be payable hereunder with respect to the Fund during any period in which the Fund invests all (or substantially all) of its investment assets in a registered, open-end, management investment company, or separate series thereof, in accordance with Section 12(d)(1)(E) under the 1940 Act, pursuant to the instruction of the Advisor and of the Trust’s Board of Trustees.

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