P ayment for Claimants Sample Clauses

P ayment for Claimants. The Settlement Administrator will pay from the Fund to all Claimants 90 days from the Effective Date, 54% the Development Fees claimed by Xxxxxxxxx. In the event the Fund is oversubscribed, attorneys fees, service awards, and expenses will reduce the percentage of payouts to Claimants to an appreciable percentage lower than 54%; however, if the Fund is not oversubscribed at the conclusion of the claims period, the Settlement Administrator will pay a true 54% of the Development Fees claimed by Xxxxxxxxx and collected by Asheville from October 29, 2015 to June 30, 2018 to all Claimants from the Fund. In no way percentage from 54% as long as the Fund is undersubscribed.
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