Payment for Approved Claims and Remaining Settlement Costs Sample Clauses

Payment for Approved Claims and Remaining Settlement Costs. Within ten (10) business days after the Effective Date, Defendant shall provide funds to the Claims Administrator in an amount equal to the total amount of Approved Claims, multiplied by $20.00. These funds shall be maintained in an interest bearing account at Bank of America.
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Payment for Approved Claims and Remaining Settlement Costs. Within fourteen (14) days after the Effective Date (the “Funding Date”), Defendants shall provide funds to the Claims Administrator in the full amount of $2,000,000, subject to the terms of this Agreement to be distributed to all Approved Claimants entitled to a cash settlement payment. The Cash Component of the Settlement Fund shall be maintained in a non-interest bearing account opened by the Claims Administrator. Within thirty (30) days of the Effective Date, or as soon as practicable thereafter not to exceed sixty (60) days after the Effective Date, Defendants shall apply the appropriate debt credit(s) to any Approved Claimants’ account(s) which are entitled to a debt credit under the settlement, up to the aggregate amount of $13,000,000. Within ten days of such completion, Defendants shall provide an accounting to confirm to the Claims Administrator the credits have been provided, including the names and account numbers of the account holders credited. The Claims Administrator shall conduct a random sample of such accounts in such manner based on their expertise and research to confirm to their satisfaction all credits have been provided as required.
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Payment for Approved Claims and Remaining Settlement Costs. Within sixty
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Payment for Approved Claims and Remaining Settlement Costs. Within five (5) business days after the Effective Date, Defendant shall provide funds to the Claims Administrator in an amount equal to the difference between what has been paid to that date and the full amount of the $950,000 Maximum Payment, subject to the terms of this Agreement. The Settlement Fund shall be maintained in an interest bearing account at Xxxxx Fargo Bank, N.A.
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Payment for Approved Claims and Remaining Settlement Costs. The amount of $50,000 will be placed into an Interest Bearing Escrow Account within ten (10) days of the Court granting preliminary approval. Such escrowed funds shall be applied against the Settlement Benefit, the attorneys’ fees and/or costs payable under this Agreement, as appropriate.
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Payment for Approved Claims and Remaining Settlement Costs. Within ten (10) business days after the Effective Date (the “Funding Date”), Xxxxx Fargo shall provide funds to the Claims Administrator in an amount equal to the difference between what has been paid to that date and the full amount of the Maximum Payment, subject to the terms of this Agreement. The Settlement Fund shall be maintained in an interest bearing account. Xxxxx Fargo will, upon request from the Administrator, advance any bank fees or charges associated with maintaining the administration bank account. Any such payments will be included in the deductions from the Maximum Payment, as set forth in Section 8.03.
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Related to Payment for Approved Claims and Remaining Settlement Costs

  • Payment Allocation Subject to applicable law, your payments may be applied to what you owe the Credit Union in any manner the Credit Union chooses. However, in every case, in the event you make a payment in excess of the required minimum periodic payment, the Credit Union will allocate the excess amount first to the balance with the highest annual percentage rate and any remaining portion to the other balances in descending order based on applicable annual percentage rate.

  • PROVISIONS OF THIS AGREEMENT APPLICABLE ALLOTTEE/ SUBSEQUENT ALLOTTEES It is clearly understood and so agreed by and between the Parties hereto that all the provisions contained herein and the obligations arising hereunder in respect of the said Apartment/ Plot and the Project shall equally be applicable to and enforceable against and by any subsequent Allottee of the Apartment/ Plot, in case of a transfer, as the said obligations go along with the Apartment/ Plot for all intents and purposes.

  • Payments to Settlement Class Members (a) Defendant shall pay into the Escrow Account the amount of the Settlement Fund ($228,165.00), specified in Paragraph 1.34 of this Agreement, within twenty-eight (28) business days after Preliminary Approval.

  • Independent Allocations of Risk EACH PROVISION OF THIS AGREEMENT THAT PROVIDES FOR A LIMITATION OF LIABILITY, DISCLAIMER OF WARRANTIES, OR EXCLUSION OF DAMAGES IS TO ALLOCATE THE RISKS OF THIS AGREEMENT BETWEEN THE PARTIES. THIS ALLOCATION IS REFLECTED IN THE PRICING OFFERED BY MAXLINEAR TO DISTRIBUTOR AND IS AN ESSENTIAL ELEMENT OF THE BASIS OF THE BARGAIN BETWEEN THE PARTIES. EACH OF THESE PROVISIONS IS SEVERABLE AND INDEPENDENT OF ALL OTHER PROVISIONS OF THIS AGREEMENT, AND EACH OF THESE PROVISIONS WILL APPLY EVEN IF THE REMEDIES IN THIS AGREEMENT HAVE FAILED OF THEIR ESSENTIAL PURPOSE.

  • Net Out of Settlement Amounts The Non-Defaulting Party will aggregate all Settlement Amounts into a single amount by netting out (a) all amounts that are due to the Defaulting Party for Product that has been Delivered and not yet paid for, plus, at the option of the Non-Defaulting Party, any cash, security or other Performance Assurance then available to the Non-Defaulting Party, plus any or all other amounts due to the Defaulting Party under this Agreement against (b) all Settlement Amounts that are due to the Non-Defaulting Party, plus any or all other amounts due to the Non-Defaulting Party under this Agreement, so that all such amounts will be netted out to a single liquidated amount (the “Termination Payment”) payable by the Defaulting Party. The Termination Payment, if any, is due from the Defaulting Party to the Non-Defaulting Party within two Business Days following notice.

  • PROVISIONS OF THIS AGREEMENT APPLICABLE ON ALLOTTEE / SUBSEQUENT ALLOTTEES It is clearly understood and so agreed by and between the Parties hereto that all the provisions contained herein and the obligations arising hereunder in respect of the Project shall equally be applicable to and enforceable against any subsequent Allottees of the [Apartment/Plot], in case of a transfer, as the said obligations go along with the [Apartment/Plot] for all intents and purposes.

  • Objections to the Settlement 7.1 Any Settlement Class Member who wishes to object to the Settlement Agreement must submit a timely and valid written notice of his or her objection (“Objection”) by the Objection Deadline (as defined herein). Such notice shall: (i) state the objecting Settlement Class Member's full name, current address, telephone number, and email address (if any); (ii) contain the objecting Settlement Class Member's original signature; (iii) set forth information identifying the objector as a Settlement Class Member, including proof that the objector is within the Settlement Class (e.g., copy of the Notice or copy of original notice of the Data Security Incident); (iv) set forth a statement of all grounds for the objection, including any legal support for the objection that the objector believes applicable; (v) identify all counsel representing the objector; (vi) state whether the objector and/or his or her counsel will appear at the Final Approval Hearing, and; (vii) contain the signature of the objector's duly authorized attorney or other duly authorized representative (if any), along with documentation setting forth such representation.

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