Common use of Funding the Settlement Clause in Contracts

Funding the Settlement. No later than twenty-one (21) calendar days after the Effective Final Settlement Date, Defendant shall deposit the Gross Settlement Amount of Three Million One Hundred Fifty Thousand Dollars ($3,150,000) needed to pay the entire Gross Settlement Amount by wiring the funds to the Settlement Administrator. Defendant shall also at this time provide any tax information that the Settlement Administrator may need to calculate each Participating Class Member’s Individual Settlement Share.

Funding the Settlement. No later than twenty-one fourteen (2114) calendar days after the Effective Final Settlement Date, Defendant shall deposit the Gross Settlement Amount of Three Million One Hundred Fifty Thousand Dollars ($3,150,000) 450,000 needed to pay the entire Gross Settlement Amount by wiring the funds to the Settlement Administrator. Defendant shall also at this time provide any tax information that the Settlement Administrator may need to calculate each Participating Class Member’s Individual Settlement Share.

Funding the Settlement. No later than twenty-one (21) calendar days after the Effective Final Settlement Date, Defendant shall deposit the Gross Settlement Amount of Three One Million One and Nine Hundred Fifty Thousand Dollars ($3,150,0001,900,000) needed to pay the entire Gross Settlement Amount by wiring the funds to the Settlement Administrator. Defendant shall also at this time provide any tax information that the Settlement Administrator may need to calculate each Participating Class Member’s Individual Settlement Share.

Funding the Settlement. No later than twenty-one seven (217) calendar days after the Effective Final Settlement Date, Defendant shall deposit the one-half of the Gross Settlement Amount of Three Million One Two Hundred and Fifty Thousand Dollars and No Cents ($3,150,000250,000.00) needed to pay and the entire Gross Settlement Amount remainder one year thereafter by wiring the funds to the Settlement Administrator. Defendant shall also at this time provide any tax information that the Settlement Administrator may need to calculate each Participating Class Member’s Members’ Individual Settlement ShareShares.