Common use of Monetary Consideration Clause in Contracts

Monetary Consideration. The total gross monetary consideration to be paid by Defendants is Nine Hundred Twenty-Five Thousand Dollars ($925,000) (the “Settlement Amount”). Defendants will pay the entire Settlement Amount to the Settlement Administrator by wire transfer no later than twenty-one (21) days following the Preliminary Approval Date. The Settlement Administrator shall hold said funds in an interest-bearing account (“Settlement Fund”), to be distributed only as set forth in this Agreement. If the Settlement is not granted final Court approval for any reason, the entire remaining balance of the Settlement Fund shall be returned to Defendants. Under no circumstances shall Defendants be obligated to pay any monetary amount pursuant to this Settlement in excess of the Settlement Amount.

Monetary Consideration. The total gross monetary consideration to be paid by Defendants Defendant is Nine the principal amount of Two Million Three Hundred Twenty-Five Thousand Dollars ($925,0002,300,000.00) (the “Settlement Amount”). Defendants Defendant will pay the entire Settlement Amount to the Settlement Administrator by wire transfer no later than twenty-one fourteen (2114) days following the Preliminary Approval Date. The Settlement Administrator shall hold said funds in an interest-bearing account (“Settlement Fund”), to be distributed only as set forth in this Agreement. If the Settlement is not granted final Court approval for any reason, the entire remaining balance of the Settlement Fund shall be returned to DefendantsDefendant. Under no circumstances shall Defendants Defendant be obligated to pay any monetary amount pursuant to this Settlement in excess of the Settlement Amount.

Monetary Consideration. The total gross monetary consideration to be paid by Defendants Defendant is the principal amount of One Million Nine Hundred Twenty-Five Thousand Dollars ($925,0001,925,000.00) (the “Settlement Amount”). Defendants Defendant will pay the entire Settlement Amount to the Settlement Administrator by wire transfer no later than twenty-one ten (2110) business days following the Preliminary Approval Date. The Settlement Administrator shall hold said funds in an interest-bearing account (“Settlement Fund”), to be distributed only as set forth in this Agreement. If the Settlement is not granted final Court approval for any reason, the entire remaining balance of the Settlement Fund shall be returned to DefendantsDefendant. Under no circumstances shall Defendants Defendant be obligated to pay any monetary amount pursuant to this Settlement in excess of the Settlement Amount.