Common use of Payment of Settlement Amount Clause in Contracts

Payment of Settlement Amount. (1) Within sixty (60) days after the date of the Final Order, the Settling Defendants shall pay the Settlement Amount to BC Counsel for deposit into the Trust Account. (2) The Settlement Amount shall be paid in full satisfaction of the Released Claims against the Releasees. (3) The Settlement Amount shall be all-inclusive. (4) The Settling Defendants shall have no obligation to pay any amount in addition to the Settlement Amount, for any reason, pursuant to or in furtherance of this Settlement Agreement or the Proceedings. (5) The cost of disseminating the notices, and of preparing the translations, contemplated in Section 12 and Section 15.12 respectively of this Settlement Agreement, shall be paid out of the Settlement Amount once paid. (6) Once a Claims Administrator has been appointed, BC Counsel may transfer all funds in the Trust Account to the Claims Administrator. (7) BC Counsel and the Claims Administrator, respectively, shall maintain the Trust Account as provided for in this Settlement Agreement. (8) While in control of the Trust Account, each of BC Counsel and the Claims Administrator, respectively, shall not pay out all or any part of the monies in the Trust Account, except in accordance with this Settlement Agreement, or in accordance with an order of the Courts obtained after notice to the Parties.

Payment of Settlement Amount. (1) Within sixty (60) days after the date of the Final Order, the Settling Defendants shall pay the Settlement Amount to BC Counsel the Claims Administrator (or, if a Claims Administrator has not, for deposit into whatever reason, been appointed, to Class Counsel, in trust, to be held subject to the Trust Accountterms hereof) and shall provide proof of payment to Class Counsel. (2) The Settlement Amount shall be paid in full satisfaction of the Released Claims against the Releasees. (3) The Settlement Amount shall be all-inclusive. (4) The Settling Defendants shall have no obligation to pay any amount in addition to the Settlement Amount, for any reason, pursuant to or in furtherance of this Settlement Agreement or the Proceedings. (5) The cost of disseminating the notices, and of preparing the translations, contemplated in Section 12 11 and Section 15.12 14.12 respectively of this Settlement Agreement, shall be paid out of the Settlement Amount once paid. (6) Once a Claims Administrator has been appointed, BC Counsel may shall transfer all funds in the Trust Account to the Claims Administrator. (7) BC Counsel and the Claims Administrator, respectively, shall maintain the Trust Account as provided for in this Settlement Agreement to be placed into a further Trust Account to be administered in accordance with this Settlement Agreement. (8) While in control of the Trust Account, each of BC Counsel and the Claims Administrator, respectively, shall not pay out all or any part of the monies in the Trust Account, except in accordance with this Settlement Agreement, or in accordance with an order ordera of the Courts obtained after notice to the Parties.

Payment of Settlement Amount. ‌ (1) Within By the later of either: (a) sixty (60) days after the date of the Final Order; or (b) July 31, 2013, the Settling Defendants shall pay the Settlement Amount to BC Counsel the Claims Administrator (or, if a Claims Administrator has not, for deposit into whatever reason, been appointed, to Class Counsel, in trust, to be held subject to the Trust Accountterms hereof) and shall provide proof of payment to Class Counsel. (2) The Settlement Amount shall be paid in full satisfaction of the Released Claims against the Releasees. (3) The Settlement Amount shall be all-inclusive. (4) The Settling Defendants shall have no obligation to pay any amount in addition to the Settlement Amount, for any reason, pursuant to or in furtherance of this Settlement Agreement or the Proceedings. (5) The cost of disseminating the notices, and of preparing the translations, contemplated in Section 12 11 and Section 15.12 14.12 respectively of this Settlement Agreement, shall be paid out of the Settlement Amount once paid.paid.‌ (6) Once a The Claims Administrator has been appointed, BC Counsel may transfer all funds in the Trust Account to the Claims Administrator. (7) BC Counsel and the Claims Administrator, respectively, shall maintain the Trust Account as provided for in this Settlement Agreement. (8) While in control of the Trust Account, each of BC Counsel and the 7) The Claims Administrator, respectively, Administrator shall not pay out all or any part of the monies in the Trust Account, except in accordance with this Settlement Agreement, or in accordance with an order of the Courts obtained after notice to the Parties.

Payment of Settlement Amount. (1) Within sixty (60) 45 days after the date of the Final OrderExecution Date, the Settling Defendants shall pay the Settlement Amount to BC Counsel for deposit into to be held in the Trust AccountAccount in accordance with the terms of this Settlement Agreement unless otherwise ordered by the Courts. (2) The Settlement Amount shall be paid in full satisfaction of the Released Claims against the Releasees. (3) The Settlement Amount shall be all-inclusive. (4) The Settling Defendants Releasees shall have no obligation to pay any amount in addition to the Settlement Amount, for any reason, pursuant to or in furtherance of this Settlement Agreement or the Proceedings. (5) The Plaintiffs will timely pay any reasonable invoice rendered in respect of the cost of disseminating the notices, and of preparing the translations, notices contemplated in Section 12 and Section 15.12 respectively of this Settlement Agreement, shall be paid out 11.1(1) or in respect of the costs of translation contemplated in Section 14.12(1). The Plaintiffs will be reimbursed for such disbursements from the Settlement Amount once paidAmount. (6) Once a Claims Administrator has been appointed, BC Counsel may shall transfer all funds in control of the Trust Account to the Claims Administrator. (7) BC Counsel and the Claims Administrator, respectively, shall maintain the Trust Account as provided for in this Settlement Agreement.Agreement.‌ (8) While in control of the Trust Account, each of BC Counsel and the Claims Administrator, respectively, shall not pay out all or any part of the monies in the Trust Account, except in accordance with this Settlement Agreement, or in accordance with an order of the Courts obtained after notice to the Parties.Parties.‌

Payment of Settlement Amount. ‌ (1) Within sixty (60) days after the date of the Final Order, the Settling Defendants shall pay the Settlement Amount to BC Counsel the Claims Administrator (or, if a Claims Administrator has not, for deposit into whatever reason, been appointed, to Class Counsel, in trust, to be held subject to the Trust Accountterms hereof) and shall provide proof of payment to Class Counsel. (2) The Settlement Amount shall be paid in full satisfaction of the Released Claims against the Releasees. (3) The Settlement Amount shall be all-inclusive.inclusive.‌ (4) The Settling Defendants shall have no obligation to pay any amount in addition to the Settlement Amount, for any reason, pursuant to or in furtherance of this Settlement Agreement or the Proceedings.Proceedings.‌ (5) The cost of disseminating the notices, and of preparing the translations, contemplated in Section 12 11 and Section 15.12 14.12 respectively of this Settlement Agreement, shall be paid out of the Settlement Amount once paid.paid.‌ (6) Once a Claims Administrator has been appointed, BC Counsel may shall transfer all funds in the Trust Account to the Claims Administrator. (7) BC Counsel and the Claims Administrator, respectively, shall maintain the Trust Account as provided for in this Settlement Agreement.Agreement to be placed into a further Trust Account to be administered in accordance with this Settlement Agreement.‌ (8) While in control of the Trust Account, each of BC Counsel and the Claims Administrator, respectively, shall not pay out all or any part of the monies in the Trust Account, except in accordance with this Settlement Agreement, or in accordance with an order ordera of the Courts obtained after notice to the Parties.Parties.‌

Payment of Settlement Amount. (1) Within sixty (60) days after the date of the Final OrderOn or before April 7, 2015, or as otherwise agreed by Counsel, the Settling Defendants shall pay the Settlement Amount to BC Counsel for deposit into in trust, to be held in the Trust AccountAccount in accordance with the terms of this Settlement Agreement unless otherwise ordered by the BC Court. (2) The Settlement Amount shall be paid in full satisfaction of the Released Claims against the Releasees. (3) The Settlement Amount shall be all-inclusive. (4) The Settling Defendants shall have no obligation to pay any amount in addition to the Settlement Amount, for any reason, pursuant to or in furtherance of this Settlement Agreement or the Proceedings. (5) The cost of disseminating the notices, and of preparing the translations, contemplated in Section 12 10 and Section 15.12 13.12 respectively of this Settlement Agreement, shall be paid out of the Settlement Amount once paid. (6) Once a Claims Administrator has been appointed, BC Counsel may shall transfer all funds in the Trust Account to the Claims Administrator. (7) BC Counsel and the Claims Administrator, respectively, shall maintain the Trust Account as provided for in this Settlement Agreement. (8) While in control of the Trust Account, each of BC Counsel and the Claims Administrator, respectively, shall not pay out all or any part of the monies in the Trust Account, except in accordance with this Settlement Agreement, or in accordance with an order of the Courts obtained after notice to the Parties.

Payment of Settlement Amount. ‌ (1) Within sixty (60) days after the date of the Final OrderExecution Date, the Settling Defendants Defendant shall pay the Settlement Amount to BC Counsel for deposit into in trust, to be held in the Trust AccountAccount in accordance with the terms of this Settlement Agreement unless otherwise ordered by the BC Court. (2) The Settlement Amount shall be paid in full satisfaction of the Released Claims against the Releasees. (3) The Settlement Amount shall be all-inclusive.inclusive.‌ (4) The Settling Defendants Defendant shall have no obligation to pay any amount in addition to the Settlement Amount, for any reason, pursuant to or in furtherance of this Settlement Agreement or the Proceedings.Proceedings.‌ (5) The cost of disseminating the notices, and of preparing the translationstranslations if required, contemplated in Section 12 11 and Section 15.12 14.12 respectively of this Settlement Agreement, shall be paid out of the Settlement Amount once paid.paid.‌ (6) Once a Claims Administrator has been appointed, BC Counsel may shall transfer all funds in the Trust Account to the Claims Administrator. (7) BC Counsel and the Claims Administrator, respectively, shall maintain the Trust Account as provided for in this Settlement Agreement.Agreement to be placed into a further Trust Account to be administered in accordance with this Settlement Agreement.‌ (8) While in control of the Trust Account, each of BC Counsel and the Claims Administrator, respectively, shall not pay out all or any part of the monies in the Trust Account, except in accordance with this Settlement Agreement, or in accordance with an order of the Courts obtained after notice to the Parties.Parties.‌