Class Counsel Fees Payment and Class Counsel Litigation Expenses Payment Sample Clauses

Class Counsel Fees Payment and Class Counsel Litigation Expenses Payment. 17 11. An award of $ for attorneys’ fees, representing one-third of the 18 Gross Settlement Amount, and $ for litigation costs and expenses, is reasonable, 19 in light of the contingent nature of Class Counsel’s fee, the hours worked by Class Counsel, and 20 the results achieved by Class Counsel. The requested award has been supported by Class 21 Counsel’s lodestar and billing statement. 22 Class Representative Service Payment 23 12. The Agreement provides for a Class Representative Service Payment of not more 24 than $10,000 to the Plaintiff, subject to the Court’s approval. The Court finds that Class 25 Representative Service Payment in the amount of $ to the Plaintiff is reasonable in 26 light of the risks and burdens undertaken by the Plaintiff in this litigation and for his time and 27 effort in bringing and prosecuting this matter on behalf of the Class.
Sample 1
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Class Counsel Fees Payment and Class Counsel Litigation Expenses Payment. Class Counsel will seek approval from the Court for payments of attorneys’ fees in the maximum amount of 33.33% ($833,333) of the Gross Settlement Amount, plus $60,000 in litigation expenses. If approved by the Court, these amounts will be deducted from the Gross Settlement Amount. Class Counsel believes the amount requested for attorneys’ fees is fair and reasonable. Defendant will not oppose Class Counsel’s request for these amounts, but you may object to the request for attorneys’ fees as described below.
Sample 1
Class Counsel Fees Payment and Class Counsel Litigation Expenses Payment. A Class Counsel Fees Payment of not more than 35 % of the Gross Settlement Amount, which is currently estimated to be $78,750, and a Class Counsel Litigation Expenses Payment of not more than $18,000.00. XXXXXXX will not oppose requests for these payments provided they do not exceed these amounts. Plaintiff and/or Class Counsel will file a motion for Class Counsel Fees Payment and Class Litigation Expenses Payment no later than 16 court days prior to the Final Approval Hearing. If the Court approves a Class Counsel Fees Payment and/or a Class Counsel Litigation Expenses Payment less than the amounts requested, the Administrator will allocate the remainder to the Net Settlement Amount. Released Parties shall have no liability to Class Counsel or any other Plaintiff’s Counsel arising from any claim to any portion of any Class Counsel Fee Payment and/or Class Counsel Litigation Expenses Payment. The Administrator will pay the Class Counsel Fees Payment and Class Counsel Expenses Payment using one or more IRS 1099 Forms. Class Counsel assumes full responsibility and liability for taxes owed on the Class Counsel Fees Payment and the Class Counsel Litigation Expenses Payment and holds BENZEEN harmless, and indemnifies BENZEEN, from any dispute or controversy regarding any division or sharing of any of these Payments.
Sample 1
Class Counsel Fees Payment and Class Counsel Litigation Expenses Payment. Payment to Class Counsel of reasonable attorneys’ fees not to exceed one-third (1/3) of the Gross Settlement Amount, which is presently $900,000, and an additional amount to reimburse actual litigation costs incurred by the Plaintiffs not to exceed $105,000. Class Counsel has been prosecuting the Action on behalf of Plaintiffs and the Class on a contingency fee basis (that is, without being paid any money) and has been paying all litigation costs and expenses. • Class Representative Service Payments. Class Representative Service Payments in an amount not to exceed $10,000 to each of the Plaintiffs, subject to Court approval, to compensate them for services on behalf of the Class in initiating and prosecuting the Action, and for the risks they undertook. • PAGA Penalties. A payment of $75,000 relating to the claim for penalties under PAGA, 75% ($56,250) of which will be paid to the California Labor Workforce Development Agency (“LWDA”"), and 25% ($18,750) of which shall distributed as Individual PAGA Payments to the Aggrieved Employees based on their respective pay periods worked during the PAGA Period. o The “PAGA Period” is February 24, 2018 through September 1, 2022.
Sample 1

Related to Class Counsel Fees Payment and Class Counsel Litigation Expenses Payment

  • Litigation Expenses If either party successfully seeks to enforce any provision of this Agreement or to collect any amount claimed to be due under it, this party will be entitled to reimbursement from the other party for any and all of its out-of-pocket expenses and costs including, without limitation, reasonable attorneys' fees and costs incurred in connection with the enforcement or collection.

  • Counsel Fees The Administrative Agent shall have received full payment from the Borrower of the fees and expenses of Xxxxx Xxxx & Xxxxxxxx LLP described in Section 9.03 which are billed through the Effective Date and which have been invoiced one Business Day prior to the Effective Date.

  • Arbitration Expenses Each party shall pay the fees and expenses of its appointed member and one-half the fees and expenses of the chair or single arbitrator.

  • CLAIM EXPENSES The Reinsurer will pay its share of reasonable claim investigation and legal expenses connected with the litigation or settlement of contractual liability claims unless the Reinsurer has discharged its liability pursuant to Section 9.4 above. If the Reinsurer has so discharged its liability, the Reinsurer will not participate in any expenses incurred thereafter. The Reinsurer will not reimburse the Ceding Company for routine claim and administration expenses, including but not limited to the Ceding Company's home office expenses, compensation of salaried officers and employees, and any legal expenses other than third party expenses incurred by the Ceding Company. Claim investigation expenses do not include expenses incurred by the Ceding Company as a result of a dispute or contest arising out of conflicting claims of entitlement to policy proceeds or benefits.

  • Defense Costs No defense costs shall be included within or erode the limits of coverage of any of the insurance policies, except that litigation and mediation defense costs may be included within the limits of coverage of professional and pollution liability policies.

  • Recovery of Litigation Costs If any legal action or other proceeding is brought for the enforcement of this Warrant, or because of an alleged dispute, breach, default, or misrepresentation in connection with any of the provisions of this Warrant, the successful or prevailing party or parties shall be entitled to recover reasonable attorneys’ fees and other costs incurred in that action or proceeding, in addition to any other relief to which it or they may be entitled.

  • Payment Of Arbitration Costs And Fees The arbitrator shall award all costs and expenses of the arbitration proceeding.

  • Compensation; Payment of Fees and Expenses As compensation for the performance of the Administrator’s obligations under this Agreement, the Administrator shall be entitled to receive $2,500 annually, which shall be solely an obligation of the Servicer; provided, however, notwithstanding the foregoing, such compensation shall in no event exceed the Servicing Fee for the related annual period. The Administrator shall pay all expenses incurred by it in connection with its activities hereunder.

  • Shared Expenses Owner acknowledges that certain economies may be achieved with respect to certain expenses to be incurred by Manager on behalf of Owner hereunder if materials, supplies, insurance or services are purchased by Manager in quantity for use not only in connection with Owner's business at the Property but in connection with other properties owned or managed by Manager or its affiliates. Manager shall have the right to purchase such materials, supplies, insurance (subject to the terms of this Agreement) and/or services in its own name and charge Owner a pro rata allocable share of the cost of the foregoing; provided, however, that the pro rata cost of such purchase to Owner shall not result in expenses that are either inconsistent with the expenses of other "U-Haul branded" locations in the general vicinity of the applicable Property or greater than would otherwise be incurred at competitive prices and terms available in the area where the Property is located; and provided further, Manager shall give Owner access to records (at no cost to Owner) so Owner may review any such expenses incurred.

  • Legal and Accounting Fees and Expenses All charges for services and expenses of the Corporation’s legal counsel and independent auditors for the benefit of the Fund;

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