Cash Settlement Fund. R+F will establish a non-reversionary Cash Settlement Fund of THIRTY MILLION DOLLARS AND ZERO CENTS ($30,000,000.00). The Cash Settlement Fund shall be used to pay all Cash Benefits, Settlement Administration Costs, Class Representative Service Payments, and Plaintiffs’ Counsel’s Fees and Expenses and will be deposited into the Escrow Account as set forth in Section 2.4.
Cash Settlement Fund. Xxxxxx will establish a non-reversionary Cash Settlement Fund of SIX MILLION TWO HUNDRED FIFTY THOUSAND DOLLARS AND ZERO CENTS ($6,250,000.00).
Cash Settlement Fund. Elixir will establish a non-reversionary Cash Settlement Fund of TWO MILLION THREE HUNDRED THOUSAND DOLLARS AND ZERO CENTS ($2,300,000.00).
Cash Settlement Fund. Defendant shall establish a Cash Settlement Fund of One Million Four Hundred and Fifty Thousand Dollars ($1,450,000 USD). Defendant shall pay the Cash Settlement Fund on the following schedule and subject to the following provisions:
Cash Settlement Fund. Viega will pay a total of US $10,000,000 (ten million dollars) into an escrow account established in agreement with the Settlement Administrator (“Cash Settlement Fund”). The Cash Settlement Fund will be used to pay notice and claims administration expenses, to pay any service award amount as may be awarded to the Plaintiffs by the Court, to pay Class Plaintiffs’ attorneys’ fees and costs as may be awarded by the Court, to pay Cash Settlement Payments to Multi-State Settlement Subclass Members, and to pay any other expenses or amounts approved by the Court. The balance of the Cash Settlement Fund amount after costs, fees and as otherwise awarded by the Court have been deducted (the “Net Cash Settlement Fund”), will be distributed, in full, to eligible Multi-State Subclass Members, in accordance with the Cash Settlement Payment Plan of Allocation attached as Exhibit D hereto. Viega will pay the US $10,000,000 to the Settlement Fund as follows:
Cash Settlement Fund. Defendant must pay the Settlement Fund, less the total amount that will be credited to Current Account Holders who are Class Members by Defendant as provided below in Section 5.3.2, into the Escrow Account no later than the Settlement Funding Deadline. The Settlement Fund shall be held by the Settlement Administrator in the Escrow Account for the benefit of the Class Members and to provide for the payments set forth in this Settlement Agreement, subject to Court approval.
