Notice and Administration Costs. The Gross Settlement Fund shall be used to pay the costs and expenses associated with the administration of the Settlement, including without limitation, the costs of identifying Class Members and effecting the mailing and publishing of Notice, the administrative expenses incurred and fees charged by the Claims Administrator in connection with providing Notice and administering the distribution of the Net Settlement Fund, the payment of any taxes on the earnings of the Gross Settlement Fund, and the provision of any educational materials to merchants and consumers explaining the terms and conditions of this Agreement. If Plaintiffs’ Co-Lead Counsel determine that such payments are necessary prior to the Effective Date, HE will not unreasonably withhold its signature on such expenditures from the Settlement Fund Account, and Plaintiffs’ Co-Lead Counsel, or at their direction, the Claims Administrator, may make such expenditures without Court approval. In the event that HE is requested by Plaintiffs’ Co-Lead Counsel, under this paragraph or paragraph 3(b), to provide its signature to authorize payment for notice or administration expenses or for any other expenditure, and HE so provides its signature, then Plaintiffs (solely through the Settlement Fund) will indemnify and hold harmless Visa and HE from and against any and all claims asserted by any person arising out of such payment. In the event that HE unreasonably withholds its signature, then Visa will indemnify and hold harmless Plaintiffs and Plaintiffs’ Co-Lead Counsel from and against any and all claims asserted by any person arising out of the failure to provide such payment.
Notice and Administration Costs. After the Court enters a Preliminary Approval Order, the Settlement Administrator may pay from the Settlement Account reasonable Notice And Administration Costs arising under this Settlement Agreement, as those costs are incurred and payment becomes due.
Notice and Administration Costs. (4) Fee Award and Costs as awarded by the Court; and (5) Service Award Payments approved by the Court. No amounts may be withdrawn from the Settlement Fund unless expressly authorized by this Agreement or approved by the Court. Responsibility for effectuating payments described in this Paragraph shall rest solely with the Settlement Administrator and neither Defendant nor Defendant’s agents shall have any responsibility whatsoever with respect to effectuating such payments.
Notice and Administration Costs. (2) Attorneys’ Fees Award, as described in Section VIII.A.1.; and (3) Service Payments to Named Plaintiffs as described in Section VIII.B. Monies remaining in the Settlement Fund after the satisfaction of the aforementioned obligations shall be distributed by the Settlement Administrator in the following order: (1) Cash Awards to Settlement Class Members who submit Valid Claims pursuant to Section VI.C.; (2) Additional Attorneys’ Fees Award as described in Section VIII.A.2.; and (3) payments to the cy pres organizations designated in Section VI.D.1.C.
Notice and Administration Costs. The actual Notice and Administration Costs incurred in accordance with Sections 6 and 7 of this Agreement shall count against the Floor. It is anticipated that Notice and Administration Costs shall not exceed $600,000.
Notice and Administration Costs. The costs, fees and expenses that are reasonably and actually incurred by the Claims Administrator and/or Class Counsel in connection with: (i) providing notice to the Class; and (ii) administering the Settlement, including, but not limited to, the Claims process, as well as the reasonably and actually incurred costs, fees and expenses incurred in connection with the Escrow Account.
Notice and Administration Costs. Notice and Administration Costs shall be paid from the Settlement Fund, and from no other source. The Parties shall be jointly responsible for supervising the Settlement Administrator.
Notice and Administration Costs. Notice and Administration Costs shall be paid to the Settlement Administrator from the Settlement Fund and may be drawn after the first installment payment is deposited into the Settlement Fund as discussed in Paragraph 5.1.1., above. Based on cost estimates provided to Class Counsel, it is anticipated that Administrative Expenses and costs of Notice will not exceed $50,000.
Notice and Administration Costs. (4) Fee Award and Costs as awarded by the Court; (5) Service Award payments approved by the Court; and (6) Tier 2 Alternative Cash Payments for Settlement Class Members who submit valid claims up to $500. Within thirty (30) calendar days after entry of the Final Approval Order, the Settlement Administrator shall pay all valid claims using the payment method selected by the Claimant. Physical checks issued to Settlement Class Members who elect to be paid by check shall be valid for one-hundred twenty (120) calendar days from the date on the check. No amounts may be withdrawn from the Settlement Fund unless expressly authorized by this Settlement Agreement or approved by the Court. Responsibility for effectuating payments described in this paragraph shall rest solely with the Settlement Administrator and neither Defendant nor Defendant’s agents shall have any responsibility whatsoever with respect to effectuating such payments.
Notice and Administration Costs. 5.5.1 Notice and Administration Costs shall be paid to the Settlement Administrator from the Class Settlement Amount. It is anticipated that Notice and Administration Costs shall be approximately $750,000 - $850,000.
