Payments to Class Members. The Settlement Administrator, subject to such supervision and direction of the Court and/or Class Counsel as may be necessary or as circumstances may require, shall administer and/or oversee distribution of the Settlement Fund to Class Members pursuant to this Agreement.
Payments to Class Members. Within ten (10) days after the entry of the Final Approval Order, Defendant shall transfer the Settlement Fund to the Claims Administrator, less the total amount that will be credited to Class Members by Defendant, as provided in subsection 8(d)(iv), below. The Settlement Fund shall be the total amount Defendant is obligated to pay under the terms of this Agreement and includes (a) Class Counsels’ fees and costs; (b) any service award payment to the Named Plaintiff; (c) costs associated with administering the Notice in accordance with Section 5, above; and (d) any fees paid to the Claims Administrator for services rendered in connection with the administration process. Defendant shall not make any additional or further contributions to the Settlement Fund, even if the total amount of all alleged improper fees charged to the Class Members exceeds the value of the Net Settlement Fund. In the event a Final Approval Order is not issued, or this Agreement is terminated by either party for any reason, including pursuant to Section 16, below, the portion of the Settlement Fund paid to the Claims Administrator (including accrued interest, if any) less expenses actually incurred by the Claims Administrator or due and owing to the Claims Administrator in connection with the settlement provided for herein, shall be refunded to Defendant within two (2) business days.
Payments to Class Members. Within fifteen (15) days after entry of the Preliminary Approval/Notice Order, Defendant shall transfer the Settlement Fund into the Escrow Account established by the Settlement Administrator. The Settlement Fund shall be the total amount Defendant is obligated to pay under the terms of this Agreement and includes (a) Class Counsels’ fees and costs; (b) any service award payment to the Named Plaintiff; (c) costs associated with administering the Notice in accordance with Section 5, above; (d) any fees paid to the Settlement Administrator for services rendered in connection with the administration process; and (e) any cy pres payment. Defendant shall not make any additional or further contributions to the Settlement Fund, nor shall Defendant be responsible for any payments, costs, fees, or obligations other than payment of the Settlement Fund. In the event a Final Approval Order is not issued, or this Agreement is terminated by either Party for any reason, including pursuant to Section 16, below, the portion of the Settlement Fund paid to the Settlement Administrator (including accrued interest, if any) less expenses actually incurred by the Settlement Administrator or due and owing to the Settlement Administrator in connection with the settlement provided for herein, shall be refunded to Defendant within two (2) business days.
Payments to Class Members. Within ten (10) days after the entry of the Final Approval Order, Defendant shall transfer the Settlement Fund to the Claims Administrator, less the total amount that will be credited to Class Members by Defendant, as provided in subsection 7(d)(iv)b(1), below. The Settlement Fund shall be the total amount Defendant is obligated to pay under the terms of this Agreement and includes (a) Class Counsels’ fees and costs;
Payments to Class Members. To determine the Settlement Class Member Payments to Class Members, Defendant shall provide reasonably accessible information and data to Class Counsel’s expert and the Settlement Administrator to determine the Settlement Class Member Payments to the APSN Fee Class. The calculation and implementation of allocations of the Settlement Fund contemplated by this section shall be done by Class Counsel’s expert for the purpose of compensating Class Members. Neither Defendant nor its counsel shall have any responsibility for the calculation and Class Members shall have no recourse against Defendant or Defendant’s Counsel with respect to the calculation. The methodology of Settlement Class Member Payments will be applied to the data as consistently, sensibly, and conscientiously and reasonably as possible, recognizing and taking into consideration the nature and completeness of the data and the purpose of the computations. Consistent with its contractual, statutory, and regulatory obligations to maintain security and protect its customers’ private financial information, Defendant shall make available such additional data and information as may reasonably be needed by Class Counsel’s expert to confirm and/or effectuate the calculations and allocations contemplated by this Agreement. Class Counsel shall confer with Defendant’s counsel concerning any such additional data and information. All such data and information produced by Defendant for the purpose of confirming and/or effectuating the calculations and allocations contemplated by this Agreement shall be returned to Defendant’s counsel or destroyed. The costs of Class Counsel’s expert to make this calculation shall be paid from the Settlement Fund and Defendant agrees to aid in data collection efforts to reduce that cost.
Payments to Class Members. The Settlement Administrator will make payments from the Distributable Settlement Amount on behalf of each Settlement Class Member. For each Former Participant, the Settlement Administrator shall make payment in accord with Section 3.2(d) and (e) below. For each Current Participant, the Settlement Administrator shall direct the current recordkeeper for the Plan to credit the appropriate portion of the Distributable Settlement Fund to the account of each Current Participant pursuant to the Plan of Allocation.
Payments to Class Members. Of the $1,475,000 Settlement Fund, $1,015,000 (68.8%) is allocated to the “Sufficient Funds Class;” and $460,000 (31.2%) is allocated to the “Multiple NSF Fees on a Single Item Class”; on this allocation, payments from the “Net Settlement Fund” shall be calculated as follows:
Payments to Class Members. Payments from the Net Settlement Fund shall be calculated as follows:
Payments to Class Members. 1. Each Class Member arrested and housed in the cell block area on a highest graded offense which constitutes a Summary, who submits a timely Claim Form will be entitled to receive $1,000.00, subject to the conditions set forth below.
