DISTRIBUTION TO AUTHORIZED CLAIMANTS Sample Clauses

DISTRIBUTION TO AUTHORIZED CLAIMANTS. 22. The Claims Administrator, subject to such supervision and direction of Lead Counsel and/or the Court as may be necessary or as circumstances may require, shall administer the Settlement in accordance with the terms of this Stipulation, the Court-approved Plan of Allocation, and subject to the jurisdiction of the Court. Defendants and Defendants’ Counsel shall have no responsibility for (except as stated in ¶¶ 6 and 36 hereof), interest in, or liability whatsoever with respect to the administration of the Settlement or the actions or decisions of the Claims Administrator, and shall have no liability to the Settlement Class in connection with such administration.
AutoNDA by SimpleDocs
DISTRIBUTION TO AUTHORIZED CLAIMANTS. 22. Except as otherwise provided herein, the Settlement Fund shall be held in the Escrow Account until the Effective Date.
DISTRIBUTION TO AUTHORIZED CLAIMANTS. 33. As soon as practicable after the completion of the claims submission and election for review process, the Administrator will bring a motion to the Court for authorization to make Distributions from the Compensation Fund. In support of this motion, the Administrator will file the Distribution List with the Court in a manner that protects the privacy of persons on the Distribution List.
DISTRIBUTION TO AUTHORIZED CLAIMANTS. 20. Class Counsel will apply to the Court for a Distribution Order, on notice to Defendants’ Counsel, approving the Claims Administrator’s determinations concerning the acceptance and rejection of the claims submitted in the Settlement, and, if the Effective Date has occurred, directing the payment of the Net Settlement Fund to Authorized Claimants.
DISTRIBUTION TO AUTHORIZED CLAIMANTS. 22. Lead Counsel will apply to the Court for a Distribution Order, on notice to Defendants’ Counsel, approving the Claims Administrator’s administrative determinations concerning the acceptance and rejection of the claims submitted herein, and, if the Effective Date has occurred, directing the payment of the Net Settlement Fund to Authorized Claimants.
DISTRIBUTION TO AUTHORIZED CLAIMANTS. 32. Following the Claims Bar Deadline, and in accordance with the terms of the Settlement Agreement, the Distribution Protocol, and such further approval or order of the Court as may be necessary, or as circumstances may require, the Administrator shall distribute the Net Settlement Amount to Authorized Claimants.
DISTRIBUTION TO AUTHORIZED CLAIMANTS. 10. The Claims Administrator shall determine each Authorized Claimant's pro rata share of the "Net Settlement Fund" based upon each Authorized Claimant's Recognized Claim (as defined in the Plan of Allocation described in the Notice annexed hereto as Exhibit 2 to Exhibit A, or in such other Plan of Allocation as the Court approves).
AutoNDA by SimpleDocs
DISTRIBUTION TO AUTHORIZED CLAIMANTS. 26. No earlier than six (6) months after the Effective Date, Lead Counsel may apply to the Court for a Distribution Order, on notice to Defendants’ Counsel, approving the Claims Administrator’s administrative determinations concerning the acceptance and rejection of the claims submitted herein and approving any fees and expenses not previously paid, including the fees and expenses of the Claims Administrator, and directing the payment and/or distribution of the Net Settlement Fund, less the Tax Reserve, to Authorized Claimants. The Tax Reserve shall remain in the Final Escrow Account and shall not be paid or distributed out of the Final Escrow Account until the later of (a) twelve (12) months following an AAR ruling without a challenge or judicial review of the AAR ruling being sought by any Indian tax authority (including the Indian Department of Revenue) or otherwise, or (b) if such a challenge or judicial review of the AAR ruling is sought, until such judicial review or challenge is finally resolved. For purposes of this paragraph, the Tax Reserve shall be reduced by the amount of any Taxes paid pursuant to an AAR ruling.
DISTRIBUTION TO AUTHORIZED CLAIMANTS. 48. For each Class Member submitting an Accepted Claim Form, the Claims Administrator will pay to that Class Member $4.00 for each jar of Nutella purchased during the Class Period, up to a maximum total of $20.00 for each Class Member, family member of a Class Member, or any person who resides in the same household as such Class Member. Payments to Claimants may be subject to pro rata reduction if the aggregate number of claims exceeds the Net Settlement Fund. Such payment shall be made by check and mailed to the Claimants following, but no later than 45 days after, the Effective Date.
DISTRIBUTION TO AUTHORIZED CLAIMANTS. 24. Co-Lead Counsel will apply to the Court for a Distribution Order, on notice to Defendants’ Counsel, approving the Claims Administrator’s determinations concerning the acceptance and rejection of the claims submitted herein, and, if the Effective Date has occurred, directing the payment of the Net Settlement Fund to Authorized Claimants.
Time is Money Join Law Insider Premium to draft better contracts faster.