Class Counsel’s Fees and Costs. Class Counsel’s reasonable attorneys’ fees and costs, as determined and approved by the Court, shall be paid from the Settlement Fund within fifteen (15) days after the Effective Date. Class Counsel shall apply for an award of attorneys’ fees of up to one-third (1/3) of the Value of the Settlement, plus reimbursement of reasonable litigation costs, to be approved by the Court. Defendant agrees not to oppose an application for attorneys’ fees of up to one-third (1/3) of the Value of the Settlement, but reserves the right to oppose an application for fees in excess of that amount.
Appears in 1 contract
Samples: Settlement Agreement and Release
Class Counsel’s Fees and Costs. Class Counsel’s reasonable attorneys’ fees and costs, as determined and approved by the Court, shall be paid from the Settlement Fund within fifteen twenty (1520) days after the Effective Dateentry of the Final Approval Order. Class Counsel shall apply for an award of attorneys’ fees of up to one-third (33 1/3%) of the Value of the Settlement, plus reimbursement of reasonable litigation costs, to be approved by the Court. Defendant agrees not to oppose an application for attorneys’ fees of up to one-third (33 1/3%) of the Value of the Settlement, but reserves the right to oppose an application for fees in excess of that amount.
Appears in 1 contract
Samples: Settlement Agreement and Release
Class Counsel’s Fees and Costs. Class Counsel’s reasonable attorneys’ fees and costs, as determined and approved by the Court, shall be paid from the Settlement Fund within fifteen twenty (1520) days after the Effective DateFinal Approval Order. Class Counsel shall apply for an award of attorneys’ fees of up to one-third (33-1/3%) of the Value of the Settlement, plus reimbursement of reasonable litigation costs, to be approved by the Court. Defendant agrees not to oppose an application for attorneys’ fees of up to one-third (33- 1/3%) of the Value of the Settlement, but reserves the right to oppose an application for fees in excess of that amount.
Appears in 1 contract
Samples: Settlement Agreement and Release
Class Counsel’s Fees and Costs. Class Counsel’s reasonable attorneys’ fees and costs, as determined and approved by the Court, shall be paid from the Settlement Fund within fifteen twenty (1520) days after the Effective DateFinal Approval Order. Class Counsel shall apply for an award of attorneys’ fees of up to one-third (33 1/3%) of the Value of the Settlement, plus reimbursement of reasonable litigation costs, to be approved by the Court. Defendant agrees not to oppose an application for attorneys’ fees of up to one-third (33 1/3%) of the Value of the Settlement, but reserves the right to oppose an application for fees in excess of that amount.
Appears in 1 contract
Samples: Settlement Agreement and Release