Payment of Settlement Expenses Sample Clauses

Payment of Settlement Expenses. The Settlement Administrator shall receive such amount approved by the Parties and by the Court, from the Gross Settlement Fund, in an amount not to exceed $12,000, within ten (10) business days after the Effective Date.

Payment of Settlement Expenses. (a) Bosch agrees to permit a maximum of USD $125,000 (which limitation is effective up until the date of Final Approval of the this settlement), of the Settlement Fund to be used towards the costs of notice to the Settlement Class and the costs of administration of the Settlement Fund as set forth in Paragraph 23(d). The notice and administration expenses (up to the maximum of USD $125,000) are not recoverable by Bosch if this settlement does not become final or is terminated to the extent such funds have actually been expended or the expenses have been incurred for notice and administration costs. Other than as set forth in this Paragraph 26 and in Paragraphs 23(d) and 29, Bosch shall not be liable for any of the costs or expenses of the litigation of the Action, including attorneys’ fees, fees and expenses of expert witnesses and consultants, and costs and expenses associated with discovery, motion practice, hearings before the Court or Special Master, appeals, trials or the negotiation of other settlements, or for class administration and costs.

Payment of Settlement Expenses. (a) Faurecia agrees to permit a reasonable portion of the Settlement Fund up to a maximum of $75,000.00 (which limitation is effective up until the date of final approval of the Agreement) to be used towards notice to the Settlement Class and the costs of administration of the Settlement Fund. The notice and administration expenses are not recoverable if this Agreement does not become final or is rescinded or terminated to the extent such funds have actually been expended or the expenses have been incurred for notice and administration costs. The Escrow Agent shall return all remaining portions of the Settlement Fund to Faurecia if the Agreement does not become final, or is rescinded or terminated. Other than as set forth in this Paragraph 29, Faurecia shall not be liable for any of the costs or expenses of the litigation of the Action, including attorneys’ fees, fees and expenses of expert witnesses and consultants, and costs and expenses associated with discovery, motion practice, hearings before the Court, or Special Master, appeals, trials, or the negotiation of other settlements, or for class administration and costs. (b) To mitigate the costs of notice and administration, the Direct Purchaser Plaintiffs shall use their reasonable best efforts, if practicable, to disseminate notice with any other settlements reached with other Defendants in the Action for which notice pursuant to Rule 23 has not yet been provided and to apportion the costs of notice and administration on a pro rata basis across the applicable settlements. (c) Within thirty (30) days after the Execution Date, Faurecia will supply to Settlement Class Counsel, in an electronic mailing format, the names and addresses of putative Settlement Class Members to whom it sold Automotive Exhaust Systems during the Settlement Class Period to the extent they are identifiable through reasonable efforts.

Payment of Settlement Expenses. The Settlement Administrator shall receive such amount approved by the Parties and by the Court, from the Maximum Settlement Amount as set forth in paragraph 8(h) of this Agreement. Should the Settlement Administrator request a lesser amount than $20,000 and/or the Court approve a lesser amount, the difference between the lesser amount and $20,000 shall remain in the Net Settlement Amount.