Common use of Funding the Settlement Clause in Contracts

Funding the Settlement. No later than twenty-one (21) calendar days after the date the Final Approval of the Settlement can no longer be appealed or, if there are no objectors and no Plaintiff in intervention at the time the Court grants Final Approval of the Settlement, the date the court enters judgment granting Final Approval of the Settlement, Defendants shall deposit the Gross Settlement Amount of One Million Dollars ($1,000,000) needed to pay the entire GSA by wiring the funds to the Settlement Administrator. Defendants shall also at this time provide any tax information that the Settlement Administrator may need to calculate each Participating Class Members’ Individual Settlement Shares.

Appears in 1 contract

Samples: Joint Stipulation and Settlement Agreement

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Funding the Settlement. No later than twenty-one fifteen (2115) calendar business days after the date the Final Approval of the Settlement can no longer be appealed or, if there are no objectors and no Plaintiff Plaintiffs in intervention at the time the Court grants Final Approval of the Settlement, the date the court enters judgment granting Final Approval of the Settlement, Defendants Defendant shall deposit the Gross Settlement Amount of One Two Million Dollars ($1,000,0002,000,000) needed to pay the entire GSA by wiring the funds to the Settlement Administrator. Defendants Defendant shall also at this time provide any tax information that the Settlement Administrator may need to calculate each Participating Class Members’ Individual Settlement Shares.

Appears in 1 contract

Samples: Joint Stipulation and Settlement Agreement

Funding the Settlement. No later than twenty-one (21) calendar days after the date the Final Approval of the Settlement can no longer be appealed or, if there are no objectors and no Plaintiff in intervention at the time the Court grants Final Approval of the Settlement, the date the court enters judgment granting Final Approval of the Settlement, Defendants Defendant shall deposit the Gross Settlement Amount of One Two Million Seven Hundred and Fifty Thousand Dollars ($1,000,0002,750,000) needed to pay the entire GSA by wiring the funds to the Settlement Administrator. Defendants Defendant shall also at this time provide any tax information that the Settlement Administrator may need to calculate each Participating Class Members’ Individual Settlement Shares.

Appears in 1 contract

Samples: Joint Stipulation and Settlement Agreement

Funding the Settlement. No later than twenty-one thirty (2130) calendar days after the date the Final Approval of the Settlement can no longer be appealed or, if there are no objectors and no Plaintiff Plaintiffs in intervention at the time the Court grants Final Approval of the Settlement, the date the court enters judgment granting Final Approval of the Settlement, Defendants Defendant shall deposit the Gross Settlement Amount of One Million Nine Hundred Thousand Dollars ($1,000,0001,900,000) needed to pay the entire GSA by wiring the funds to the Settlement Administrator. Defendants Defendant shall also at this time provide any tax information that the Settlement Administrator may need to calculate each Participating Class Members’ Individual Settlement Shares.

Appears in 1 contract

Samples: Joint Stipulation and Settlement Agreement

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Funding the Settlement. No later than twenty-one (21) calendar days after the date the Final Approval of the Settlement can no longer be appealed or, if there are no objectors and no Plaintiff in intervention at the time the Court grants Final Approval of the Settlement, the date the court enters judgment granting Final Approval of the Settlement, Defendants Defendant shall deposit the Gross Settlement Amount of One Million Three Hundred Thousand Dollars and Zero Cents ($1,000,000300,000) needed to pay the entire GSA by wiring the funds to the Settlement Administrator. Defendants Defendant shall also at this time provide any tax information that the Settlement Administrator may need to calculate each Participating Class Members' Individual Settlement Shares.

Appears in 1 contract

Samples: Joint Stipulation and Settlement Agreement

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