Court Approval for Class Counsel Fees and Disbursements Sample Clauses

Court Approval for Class Counsel Fees and Disbursements. (1) Class Counsel may seek the Courts’ approval to pay Class Counsel Disbursements and Class Counsel Fees contemporaneous with seeking approval of this Settlement Agreement. Class Counsel Disbursements and Class Counsel Fees shall be reimbursed and paid solely out of the Trust Account after the Effective Date. Except as provided herein, Administration Expenses may only be paid out of the Trust Account after the Effective Date. No other Class Counsel Disbursements or Class Counsel Fees shall be paid from the Trust Account prior to the Effective Date.
AutoNDA by SimpleDocs
Court Approval for Class Counsel Fees and Disbursements. (1) Class Counsel may seek the Ontario and Quebec Courts’ approval to pay Class Counsel Disbursements and Class Counsel Fees contemporaneous with seeking approval of this Settlement Agreement. Class Counsel Disbursements and Class Counsel Fees shall be reimbursed and paid solely out of the Trust Account after the Effective Date. Except as provided herein, Administration Expenses may only be paid out of the Trust Account after the Effective Date. No other Class Counsel Disbursements or Class Counsel Fees shall be paid from the Trust Account prior to the Effective Date.
Court Approval for Class Counsel Fees and Disbursements. (1) Class Counsel may seek the Ontario and Quebec Courts’ approval to pay Class Counsel Disbursements and Class Counsel Fees contemporaneous with seeking approval of this Settlement DocuSign Envelope ID: DEB15E8F-E938-4D46-965E-3A6296FE4589 Agreement. Class Counsel Disbursements and Class Counsel Fees shall be reimbursed and paid solely out of the Trust Account after the Effective Date. Except as provided herein, Administration Expenses may only be paid out of the Trust Account after the Effective Date. No other Class Counsel Disbursements or Class Counsel Fees shall be paid from the Trust Account prior to the Effective Date.
Court Approval for Class Counsel Fees and Disbursements. (1) Class Counsel Fees represent any and all claimable fees by Class Counsel that are to be approved by the Court. (2) Class Counsel will not seek approval for any additional payments not described in this section 11. (3) Class Counsel may seek the Court’s approval to pay Class Counsel Fees contemporaneously with seeking approval of this Settlement Agreement. The Settling Defendants shall pay the Class Counsel Fees out of the Settlement Amount within ten (10) days of the Effective Date, by way of wire transfer. Class Counsel shall provide the Settling Defendants with all tax reporting and information forms required to process payment.
Court Approval for Class Counsel Fees and Disbursements. (1) Class Counsel may seek the Courts’ approval to pay Class Counsel Disbursements and Class Counsel Fees contemporaneous with seeking approval of this Settlement Agreement. Class Counsel Disbursements and Class Counsel Fees shall be reimbursed and paid solely out of the Trust Account after the Conditions of Settlement have been met. Except as provided herein, Administration Expenses may only be paid out of the Trust Account after the Conditions of Settlement have been met. No other Class Counsel Disbursements or Class Counsel Fees shall be paid from the Trust Account before the Conditions of Settlement have been met.
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!