Notice and Administrative Costs. The reasonable and authorized costs and expenses of disseminating the Class Notice in accordance with the Preliminary Approval Order, and all reasonable and authorized costs and expenses incurred by the Settlement Administrator in administering the Settlement, including, but not limited to, any costs and expenses associated with performing the obligations imposed by the Settlement Agreement; assisting Class Members, and the Parties and Counsel for the Parties; administering the Settlement Fund; and issuing and mailing settlement payments.
Notice and Administrative Costs. Subject to the Common-Benefit Holdback Assessment set forth in Paragraph 6.6 (which may be applied at a later date), within twenty-one (21) calendar days after Preliminary Approval, 3M shall wire transfer up to $5,000,000 to the Qualified Settlement Fund account, as described below, for ultimate distribution in accordance with this Agreement. If the Qualified Settlement Fund has not been established and approved by the Court by the deadline for such payment, 3M shall not be obligated to make such payment until ten (10) Business Days after the Qualified Settlement Fund is established and approved by the Court. In no event shall 3M have any liability whatsoever with respect to any installment of the Settlement Funds once it is paid to the Qualified Settlement Fund in accordance with this Agreement and as specified in this Section 6. The amounts that will be due in each installment, as well as the dates for the installments, are set forth in the Payment Schedule in Exhibit K.
Notice and Administrative Costs. Subject to the Common Benefit Holdback Assessment set forth in Paragraph 9.10 (which may be applied at a later date), within ten (10) calendar days after Preliminary Approval, Tyco shall wire transfer two hundred and fifty million dollars ($250,000,000.00) to the Qualified Settlement Fund account, as described in the Payment Schedule attached as Exhibit H, for ultimate distribution in accordance with this Agreement. If the Qualified Settlement Fund has not been established and approved by the Court by the deadline for such payment, Tyco shall not be obligated to make such payment until ten (10) Business Days after the Qualified Settlement Fund is established and approved by the Court. In no event shall Tyco have any liability whatsoever with respect to the Settlement Funds once they are paid to the Qualified Settlement Fund in accordance with this Agreement and as specified in this Section 6.
Notice and Administrative Costs. The Company will pay or cause to be paid all costs associated with publishing the notice described in paragraph 5 of this Order.
Notice and Administrative Costs. 1. Defendants shall pay or cause to be paid all Notice and Administrative Costs, as provided in the Preliminary Approval Order and in Section IV, Paragraph 2, and Section XII, and all such Notice and Administrative Costs shall be credited against the Settlement Amount.
Notice and Administrative Costs the dollar amount required to cover the cost of providing notice to the Settlement Class and administering the Claims process.
Notice and Administrative Costs and (4) for any and all Class Members who submit valid Requests for Exclusion, the pro rata amount those Class Members would have received had they not chosen to submit such a request. Within thirty (30) Days of the Effective Date, Santee Xxxxxx and Central5 shall deliver to the Settlement Administrator information sufficient for Class Counsel to allocate the Common Benefit Fund among the Class Members in relation to the estimated amounts collected from Class Members related to Santee Cooper’s involvement in the Nuclear Project (the “Class Member Payment Information”). Within thirty (30) Days of receipt of the Class Member Payment Information, the Settlement Administrator shall calculate (1) the individual Class Member payment or xxxx credit amounts calculated pursuant to § V.E.; and (2) the total xxxx credits and individual Class Member allocation to be provided to Santee Xxxxxx and the Electric Cooperatives. Within sixty (60) Days of receipt of the Class Member Payment Information, the Settlement Administrator, Santee Xxxxxx, and the Electric Cooperatives shall provide the Authorized Recipients with their percentage share of the Common Benefit Fund balance as of that date. Payments shall be made subject to and in accordance with the following:
Notice and Administrative Costs and (3) for any and all Class Members who submit valid Requests for Exclusion, the pro rata amount those Class Members would have received had they not chosen to submit such a request. Within sixty (60) Days of Santee Cooper’s 2022 annual installment payment to the Common Benefit Fund, the Settlement Administrator, Santee Xxxxxx, and the Electric Cooperatives shall provide the Authorized Recipients with their percentage share of the Common Benefit Fund balance as of that date. Payments shall be made subject to and in accordance with § V.D.
