Funding of the Settlement Amount Sample Clauses

Funding of the Settlement Amount. Defendants and their insurers shall cause the Settlement Amount to be deposited to the Settlement Fund and/or allocated to the Settlement Class Members at the time(s) set forth in Sections 3.1 and
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Funding of the Settlement Amount. Defendant shall make a one-time deposit into the 10 QSF of the Settlement Amount, as described in Paragraph 49(a) that is necessary to make all 11 payments required under this Settlement as well as Defendant’s employer payroll taxes as calculated 12 and directed by the Settlement Administrator within seven (7) days of the Effective Date.
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Funding of the Settlement Amount. The Settlement Amount, plus the employer’s share 16 of payroll taxes, as calculated by the Claims Administrator, shall be deposited within thirty (30) calendar 17 days after the Effective Date. The Effective Date shall mean the date when all of the following events 18 have occurred: (a) the Stipulation of Settlement has been executed by all Parties, Class Counsel, and
Sample 1
Funding of the Settlement Amount. Within fourteen (14) days after the Court issues an Order granting Conditional Certification of the FLSA Class, Defendant shall deposit with the Settlement Administrator the Net Settlement Amount projected for allocation to the FLSA Class, equivalent to ten percent (10%) of the total Net Settlement Amount into a Qualified Settlement Account to be established by the Settlement Administrator. Within thirty (30) days after the Effective Date, Defendant shall deposit with the Settlement Administrator the remainder of the Gross Settlement Amount into a Qualified Settlement Account to be established by the Settlement Administrator.
Sample 1
Funding of the Settlement Amount. Defendants shall make a one-time deposit into 24 the QSF of the Settlement Amount, as described in Paragraph 50(a) that is necessary to make all 25 payments required under this Settlement, within seven (7) days after the Effective Date, plus 26 Defendants shall separately pay its share of employer payroll taxes as calculated and directed by 27 the Settlement Administrator.
Sample 1
Funding of the Settlement Amount. The Company shall cause the Settlement Amount to be deposited to the Settlement Fund and/or allocated to the Monetary Relief Class Members at the time(s) prescribed by and otherwise as provided for in Sections 4.1 and 4.2.
Sample 1

Related to Funding of the Settlement Amount

  • Payment Amount Payment for the Services shall be as follows: (choose one) ☐ - $______________________ for the Services (“Payment”). ☐ - At an hourly rate of $____ per hour (“Payment”). ☐ - Other. ______________________________________________ (“Payment”) If the Subcontractor asserts a claim which involves, in whole or in part, acts or omissions which are the responsibility of the Client or another person for whom a claim may be submitted, including but not limited to, claims for failure to pay, an extension of time, impacts, delay damages, or extra work, the Contractor shall present the Subcontractor's claim to the Client or other responsible party provided the Subcontractor presents to Contractor competent supporting evidence and in sufficient time for the Contractor to do so. The Subcontractor shall cooperate fully with the Contractor in any and all steps the Contractor takes in connection with prosecuting such a claim and shall hold harmless and reimburse the Contractor for all expenses, including legal expenses, incurred by the Contractor which arise out of the Contractor's submission of the Subcontractor's claims to the Client or other responsible party(ies). The Subcontractor shall be bound by any adjudication or award in any action or proceeding resolving such a claim.

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