Common use of Distribution of Attorneys’ Fees and Costs Clause in Contracts

Distribution of Attorneys’ Fees and Costs. The Class Administrator shall pay to Class Counsel from the Settlement Fund the amount of attorneys’ fees and costs awarded by the Court within twenty-one (21) calendar days of entry of Judgment, notwithstanding the filing of any appeals, or any other proceedings which may delay the Effective Date of the Settlement or a final Judgment in the case, subject to Class Counsel providing all payment routing information and tax ID numbers for The Law Office of Xxxx Xxxxxxxxxx, as agent for Class Counsel. Payment of the Fee Award will be made from the Settlement Fund by wire transfer to The Law Office of Xxxx Xxxxxxxxxx, as agent for Class Counsel, for distribution to and among Class Counsel, in accordance with the wire instructions to be provided by The Law Office of Xxxx Xxxxxxxxxx, and completion of necessary forms, including but not limited to W-9 forms. Notwithstanding the foregoing, if for any reason, the Fee Award is overturned, reduced, vacated, or otherwise modified, Class Counsel shall be obligated to return any difference between the amount of the original award and any reduced award, in an amount proportionate to the distribution among Class Counsel’s firms.

Appears in 2 contracts

Samples: Class Action Settlement Agreement, Class Action Settlement Agreement

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Distribution of Attorneys’ Fees and Costs. The Class Administrator shall pay to Class Counsel from the Settlement Fund the amount of attorneys’ fees and costs awarded by the Court within twenty-one (21) calendar days of entry of Judgment, notwithstanding the filing of any appeals, or any other proceedings which may delay the Effective Date of the Settlement or a final Judgment in the case, subject to Class Counsel providing all payment routing information and tax ID numbers for The Law Office of Xxxx Xxxxxxxxxx, as agent for Class Counsel. Payment of the Fee Award will be made from the Settlement Fund by wire transfer to The Law Office of Xxxx Xxxxxxxxxx, as agent for Class Counsel, for distribution to and among Class Counsel, in accordance with the wire instructions to be provided by The the Law Office of Xxxx Xxxxxxxxxx, and completion of necessary forms, including but not limited to W-9 forms. Notwithstanding the foregoing, if for any reason, the Fee Award is overturned, reduced, vacated, or otherwise modified, Class Counsel shall be obligated to return any difference between the amount of the original award and any reduced award. If the Settlement remains in force, in an amount proportionate the difference shall be returned to the distribution among Class Counsel’s firmsSettlement Fund; if the Settlement is not in force, the difference shall be returned to Post.

Appears in 2 contracts

Samples: Class Action Settlement Agreement, Class Action Settlement Agreement

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