Payments from the QSF. The Settlement Claims Administrator shall make the following payments from the QSF, once the QSF is funded as described in Section 3.1A:
Payments from the QSF. At any point following the Final Effective Date, Class Counsel and Named Plaintiffs, may in their sole discretion, direct the distribution of any monies in in the QSF, including by: (i) mailing all Settlement Checks to Authorized Claimants in an amount equal to their allocation, (ii) mailing any Service Award to Named Plaintiffs, (iii) mailing or wire-transferring payment to Class Counsel in the amount of Court-approved costs plus attorney’s fees, and (iv) paying all Taxes to the appropriate government authorities due at such time. To avoid ambiguity, the QSF need not be fully funded for a partial distribution to occur.
Payments from the QSF. The Settlement Claims Administrator shall make the following payments from the QSF, once the QSF is funded as described in Section 3.1(A): Upon reasonable funding of the QSF as described in Section 3.1(A) and as determined by Class Counsel and the Settlement Claims Administrator and in accordance with the Final Order, the Settlement Claims Administrator shall (i) mail all Settlement Checks to Authorized Claimants, (ii) mail any and all Service Awards to Named Plaintiff, (iii) mail or wire-transfer payment to Class Counsel in the amount of Court-approved attorneys’ fees and costs, (iv) mail or wire-transfer payment to the Mediator in the amount of Court-approved Mediator Xxxxxxxxx’x costs and expenses and (v) pay all Employment Taxes to the appropriate government authorities. Any amounts representing uncashed Settlement Checks, uncashed Service Awards, the unused portion of the Reserve Fund, or any other amount remaining in the QSF twelve (12) months after the final act set forth in section 3.2(A) shall be paid to Defendants as a reverter.
Payments from the QSF. Defendants shall make the following payments from the QSF, once the QSF is funded as described in Section 3.1(A):
Payments from the QSF. The Settlement Claims Administrator shall make the payments from the QSF, in accordance with the schedule as set forth in the Approval Order. Any amounts representing uncashed Settlement Checks, Service Awards, the Reserve Fund, or any other amount remaining in the QSF eighteen (18) months after the disbursement of the QSF, any such sum will be donated to charities as described in Section 6.3.
Payments from the QSF. The Settlement Claims Administrator shall make the following payments from the QSF, once the QSF is funded as described in Section 3.1(A): Upon reasonable funding of the QSF as described in Section 3.1(A) and as determined by Class Counsel and the Settlement Claims Administrator and in accordance with the Final Order, the Settlement Claims Administrator shall: (i) mail all Settlement Checks to Authorized Claimants, (ii) mail any and all Service Awards to Named Plaintiffs, (iii) mail or wire-transfer payment to Class Counsel in the amount of Court-approved attorneys’ fees and costs which are not to exceed $300,000.00, and (iv) pay all Employment Taxes to the appropriate government authorities. Any amounts representing uncashed Settlement Checks, uncashed Service Awards, the unused portion of the Reserve Fund, or any other amount remaining in the QSF twelve (12) months after the final act set forth in section 3.2(A) shall revert back to Ark Restaurants Corp.
