DISTRIBUTION OF THE SETTLEMENT AMOUNT. On or after the Effective Date, the Administrator shall distribute the remainder of the Settlement Amount in accordance with the following priorities:
DISTRIBUTION OF THE SETTLEMENT AMOUNT. (1) On or after the Implementation Date, the Administrator shall distribute the remainder of the Escrow Settlement Funds in accordance with the following priorities:
DISTRIBUTION OF THE SETTLEMENT AMOUNT. (a) In conjunction with the Plaintiff’s Settlement Approval Motion or a time wholly within the discretion of Class Counsel, but on notice to the Defendants, Class Counsel will make an application seeking an order from the Court approving the Plan of Distribution.
DISTRIBUTION OF THE SETTLEMENT AMOUNT. 13. The Settlement Amount shall be paid by the BMV according to the terms of this Agreement. The entire Settlement Amount will be exclusively applied to pay distributions to Class Members, the costs of the notice set forth in Paragraphs 28 through 30, the payment of a Class Representative fee, attorneys’ fees, and the cy pres distribution provided by Paragraph 18. No funds shall revert to the BMV.
DISTRIBUTION OF THE SETTLEMENT AMOUNT. (1) If and when the Settlement becomes final as contemplated by section 12, the Administrator shall distribute the Escrow Settlement Amount in the manner set out in the Settlement Agreement and in the Plan.
DISTRIBUTION OF THE SETTLEMENT AMOUNT. 30. Pursuant to the terms and conditions of the Settlement Agreement, the Defendants shall pay:
DISTRIBUTION OF THE SETTLEMENT AMOUNT. Upon the Effective Date, the Settlement Amount will be disbursed by the Paying Agent to the Settlement Payment Recipients and will be allocated on a per-share basis amongst the Settlement Payment Recipients based on the number of shares of J.Crew common stock, shares of restricted stock and shares of common stock represented by in- the-money options held by the applicable Settlement Payment Recipient upon the Closing of the Merger (provided that if a Settlement Payment Recipient held shares of J.Crew common stock in registered form and has not submitted a letter of transmittal as of the Effective Date, such payment shall be allocated to such Settlement Payment Recipient but will not be remitted until such Settlement Payment Recipient has submitted its letter of transmittal and its share certificates for exchange). If, after J.Crew has made reasonable efforts to have Settlement Payment Recipients claim their payments, the amount of the Settlement Amount that remains unclaimed by the Settlement Payment Recipients (the “Unclaimed Amount”) exceeds $500,000 after a period of six (6) months after the initial disbursement, then the Unclaimed Amount will be re-disbursed by the Paying Agent for payment to all Settlement Payment Recipients on a pro rata basis. If, however, after a period of six (6) months after the initial disbursement, the amount of the Unclaimed Amount is equal to or less than $500,000, or if any of the Unclaimed Amount remains unclaimed after the re-disbursement described in the preceding sentence, then any such unclaimed amount of the Settlement Amount shall be donated to the Delaware Combined Campaign for Justice as a charitable donation.
DISTRIBUTION OF THE SETTLEMENT AMOUNT. As part of Plaintiffs' motion for final approval, Class Counsel will submit an application for an Attorneys' Fees Award not to exceed 30 percent of the Common Fund Payment, an application for a Costs Payment not to exceed $18,000, an application for a Settlement Administration Expenses Award not to exceed $18,500, and an application for Service Awards of $12,000 for Plaintiff Dick and $6,000 for Plaintiff Hand. The amounts approved by the Court will be deducted from the $3,500,000.00 Settlement Amount, and the remainder after these deductions (the ''Net Settlement Fund") shall be available to fund Settlement Awards to Qualified Class Members. If the Court approves the payments in each category described above, the Net Settlement Fund is expected to be no less than $2,390,500, calculated as follows: CLASS ACTION SETTLEMENT AGREEMENT AND RELEASE Xxxxx Xxxx & Xxxxx Hand v. Premera Blue Cross $3,500,000 Common Fund Payment $1,050,000 Attorneys' Fees Award (30 percent of Common Fund Payment) $18,000 Costs Payment $18,500 Settlement Administration Expenses Award $18,000 Service Award_s - $5,000 $2,390,500 Expert Award Calculation Costs Estimated Net Settlement Fund
DISTRIBUTION OF THE SETTLEMENT AMOUNT. 1. In the event that PwC does not exercise its right of termination of this Agreement, the entire Distribution Amount shall be distributed pursuant to the Plan of Allocation, as described below, provided, however, that no amounts shall be distributed to Authorized Claimants prior to the Effective Date.
DISTRIBUTION OF THE SETTLEMENT AMOUNT. (1) From each Settlement Payment (First and Second), on or after the Effective Date, the Claims Administrator shall distribute the Net Settlement Amount to the Settling Claimants and Provincial Health Insurers in accordance with the Compensation Protocol, after payment of the following:
