Retention of Settlement Administrator Sample Clauses

Retention of Settlement Administrator. MSG will retain JND Legal Administration to administer the Settlement. MSG will pay for all costs associated with the Settlement, including the Notice and Administrative Costs. The Settlement Administrator shall administer the Settlement in accordance with its terms and objectives.
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Retention of Settlement Administrator. The Settlement Administrator shall be retained by Class Counsel and approved by Defendants in their reasonable discretion to help implement the terms of the proposed Settlement Agreement. Prior to retention, the Settlement Administrator must provide a quote to the Parties itemizing the costs for notice administration, and processing of Settlement Class Member claims. The costs associated with the Settlement Administrator, including costs of providing notice to the Class Members and processing claims, shall be paid from the Settlement Fund. (a) The Settlement Administrator shall assist with various administrative tasks, including, without limitation, (a) mailing or arranging for the mailing or other distribution of the Short Form Class Notice and to the Settlement Class, (b) arranging for publication of the Short Form Class Notice, Long Form Class Notice, Claim Forms and additional documents relating to the Action on a Settlement Website, (c) handling returned mail not delivered to individuals or entities within the Settlement Class, (d) attempting to obtain updated address information for individuals or entities within the Settlement Class and for any Notice mailings returned without a forwarding address or an expired forwarding address, (e) making any additional mailings required under the terms of this Settlement Agreement, (f) answering written inquiries from individuals or entities within the Settlement Class and/or forwarding such inquiries to Class Counsel or their designee, (g) receiving and maintaining on behalf of the Court and the Parties any Settlement Class correspondence regarding requests for exclusion from the settlement, (h) receiving and processing claims and distributing payments to Settlement Class Members, and (i) otherwise assisting with administration of the Settlement. (b) The contract with the Settlement Administrator shall obligate the Settlement Administrator to abide by the following performance standards: (1) the Settlement Administrator shall accurately and objectively describe, and shall train and instruct its employees and agents to accurately and objectively describe, the provisions of this Settlement Agreement in communications with individuals or entities within the Settlement Class; and (2) the Settlement Administrator shall provide prompt, accurate and objective responses to inquiries from Class Counsel or their designee, Defendants and/or Defendants’ Counsel.
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Retention of Settlement Administrator. The Settlement Administrator will be mutually selected after a competitive bid process. Approval of a Settlement Administrator will not be unreasonably withheld. Uber will pay for all reasonable and authorized Notice and Administrative Costs. The Settlement Administrator shall administer the Settlement in accordance with its terms and objectives.
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Retention of Settlement Administrator. Within five (5) business days of Preliminary Approval (if not sooner), Plaintiff shall engage the Settlement Administrator. Defendants agree not to contest the appointment of Atticus Administration as the Settlement Administrator. The Settlement Administrator shall be responsible for performing the following functions in effectuating the Agreement: a. The Settlement Administrator shall prepare, print and disseminate the Class Notice to the Settlement Class as set forth in Section 4.3 b. The Settlement Administrator shall keep track of requests for exclusion and objections to the settlement, including maintaining the original mailing envelope in which they were mailed. c. The Settlement Administrator shall promptly furnish to Class Counsel and Defendants’ Counsel copies of any requests for exclusion, objections or other written or electronic communications from the Settlement Class which the Settlement Administrator receives. d. The Settlement Administrator shall prepare and mail checks containing Payments in accordance with this Agreement. e. The Settlement Administrator shall refer to Class Counsel all Class Member inquiries regarding matters not within the Settlement Administrator’s duties specified herein. f. The Settlement Administrator shall apprise Class Counsel of its activities. g. The Settlement Administrator shall maintain adequate records of all its activities, including its invoices, its communications with the Parties (including Class Members), the updated list of Class Members’ addresses, dates of each mailing of the Class Notice, returned mail and other communications, and attempted written or electronic communications with any Class Members. Either Party may inspect such records to confirm conformance with this Agreement. h. The Settlement Administrator shall perform such other tasks as the Class Counsel and Defendants’ Counsel mutually agree.
Sample 1
Retention of Settlement Administrator. The Settlement Administrator shall be retained by Tristar to assist in implementing the terms of the Settlement Agreement. a. The Settlement Administrator shall assist with various administrative tasks, including, without limitation, (a) distribution of the Class Notice by the Notice Date (b) handling returned emails not delivered to Claimants, (c) answering inquiries from Settlement Class Members, (d) receiving and maintaining Opt-Out requests, (e) establishing and maintaining the Settlement Website, (f) receiving and processing Claims and distributing the Benefits to Settlement Class Members, and (g) otherwise assisting with administration of the Settlement Agreement. b. Tristar’s contract with the Settlement Administrator shall obligate the Settlement Administrator to abide by the following performance standards: 1. the Settlement Administrator shall accurately and neutrally describe, and shall train and instruct its employees and agents to accurately and objectively describe, the provisions of this Settlement Agreement in communications with Settlement Class Members; 2. the Settlement Administrator shall provide prompt, accurate, and objective responses to inquiries from Class Counsel, Tristar, or Defense Counsel. c. Tristar shall have no obligation to pay more than $890,000.00 to the Settlement Administrator for all of its services including expenses.
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Retention of Settlement Administrator. Defendant shall retain a third-party administrator, of Defendant’s choice, to administer the Settlement.
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Retention of Settlement Administrator. The Settlement Administrator will be responsible for the claims-administration process and distribution to Collective/Class Members as provided herein. The Parties will cooperate with the Settlement Administrator and assist in any reasonable way possible in administering this Settlement Agreement. Settlement Administrator fees and expenses are to be paid out of the Settlement Amount.
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Retention of Settlement Administrator. The Court authorizes Angeion Group to administer certain aspects of the Settlement, including providing notice to the Settlement Class; establishing and maintaining the settlement website; receiving and maintaining correspondence regarding Requests for Exclusion, intervention and objections to the Settlement; responding to inquiries from Settlement Class Members received through the settlement website, or by first-class mail or by telephone; and DocuSign Envelope ID: D44897A2-4B3B-489D-A18C-07D1310DC494 assisting Defendants’ counsel and Class Counsel with other aspects of the Settlement as necessary and directed by counsel.
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Related to Retention of Settlement Administrator

  • Termination of Settlement If the Settlement is terminated as provided in the Stipulation, this Order shall be vacated, rendered null and void and be of no further force and effect, except as otherwise provided by the Stipulation, and this Order shall be without prejudice to the rights of Plaintiffs, the other Class Members and Defendants, and the Parties shall revert to their respective positions in the Action as of immediately prior to August 24, 2015, as provided in the Stipulation.

  • Retention of Servicer Effective as of the Closing Date, to the fullest extent permitted under applicable Law and under the Serviced Corporate Trust Contract related to each Serviced Appointment, (a) Xxxxx Bank hereby engages the Bank Assets Purchaser and (b) Xxxxx Trust Company hereby engages Delaware Trust Assets Purchaser (or the Bank Assets Purchaser, if required by Section 3.3), in each case, as Servicer to perform and discharge the Serviced Duties in respect of each Serviced Appointment as agent of such Seller. To the fullest extent permitted under applicable Law and under such Serviced Corporate Trust Contract, this Agreement shall satisfy any requirement under any such Serviced Corporate Trust Contract for a written instrument of agency appointment with respect to any of the Serviced Appointments.

  • Application of Settlement Agreement 10.1 This Settlement Agreement shall apply to, be binding upon, and inure to the benefit of, CAG and the Releasees and Downstream Releasees identified in Section 2 above.

  • Employment of Administrator The Company hereby employs the Administrator to act as administrator of the Company, and to furnish, or arrange for others to furnish, the administrative services, personnel and facilities described below, subject to review by and the overall control of the Board of Directors of the Company (the “Board”), for the period and on the terms and conditions set forth in this Agreement. The Administrator hereby accepts such employment and agrees during such period to render, or arrange for the rendering of, such services and to assume the obligations herein set forth subject to the reimbursement of costs and expenses provided for below. The Administrator and such others shall for all purposes herein be deemed to be independent contractors and shall, unless otherwise expressly provided or authorized herein, have no authority to act for or represent the Company in any way or otherwise be deemed agents of the Company.

  • Date of Settlement The receipt by the Company of immediately available funds in payment for a Book-Entry Security and the authentication and issuance of the Global Security representing such Book-Entry Security shall constitute "settlement" with respect to such Book-Entry Security. All orders of Book-Entry Securities solicited by a Selling Agent or made by a Purchasing Agent and accepted by the Company on a particular date (the "Trade Date") will be settled on a date (the "Settlement Date") which is the third Business Day after the Trade Date pursuant to the "Settlement Procedure Timetable" set forth below, unless the Company and the purchaser agree to settlement on another Business Day which shall be no earlier than the next Business Day after the Trade Date.

  • EXECUTION OF SETTLEMENT AGREEMENT This Settlement Agreement may be signed in one or more counterparts which together shall constitute a binding agreement.

  • Termination of Servicer (a) If a Servicer Replacement Event shall have occurred and be continuing, the Indenture Trustee shall, at the direction of the Noteholders representing at least a majority of the Note Balance of the Controlling Class, by notice given to the Servicer, the Owner Trustee, the Issuer, the Administrator and the Noteholders, terminate the rights and obligations of the Servicer under this Agreement with respect to the Receivables. In the event the Servicer is removed or resigns as Servicer with respect to servicing the Receivables, the Indenture Trustee shall appoint a successor Servicer. Upon the Servicer’s receipt of notice of termination, such Servicer will continue to perform its functions as Servicer under this Agreement only until the date specified in such termination notice or, if no such date is specified in such termination notice, until receipt of such notice. If a successor Servicer has not been appointed at the time when the outgoing Servicer ceases to act as Servicer in accordance with this Section, the Indenture Trustee without further action will automatically be appointed the successor Servicer. Notwithstanding the above, the Indenture Trustee, if it is legally unable or is unwilling to so act, will appoint, or petition a court of competent jurisdiction to appoint a successor Servicer. Any successor Servicer shall be an established institution having a net worth of not less than $100,000,000 and whose regular business includes the servicing of comparable motor vehicle receivables having an aggregate outstanding principal amount of not less than $50,000,000. (b) Noteholders holding not less than a majority of the Note Balance of the Controlling Class may waive any Servicer Replacement Event. Upon any such waiver, such Servicer Replacement Event shall cease to exist and be deemed not to have occurred, and any Servicer Replacement Event arising therefrom shall be deemed not to have occurred for every purpose of this Agreement, but no such waiver shall extend to any prior, subsequent or other Servicer Replacement Event or impair any right consequent thereto. (c) If replaced, the Servicer agrees that it will use commercially reasonable efforts at its own expense to effect the orderly and efficient transfer of the servicing of the Receivables to a successor Servicer. (d) Upon the effectiveness of the assumption by the successor Servicer of its duties pursuant to this Section 7.1, the successor Servicer shall be the successor in all respects to the Servicer in its capacity as Servicer under this Agreement with respect to the Receivables, and shall be subject to all the responsibilities, duties and liabilities relating thereto, except with respect to the obligations of the predecessor Servicer that survive its termination as Servicer, including indemnification obligations as set forth in Section 6.2(e). In such event, the Indenture Trustee and the Owner Trustee are hereby authorized and empowered to execute and deliver, on behalf of the predecessor Servicer, as attorney-in-fact or otherwise, any and all documents and other instruments, and to do or accomplish all other acts or things necessary or appropriate to effect the purposes of such termination and replacement of the Servicer, whether to complete the transfer and endorsement of the Receivables and related documents, or otherwise. No Servicer shall resign or be relieved of its duties under this Agreement, as Servicer of the Receivables, until a newly appointed Servicer for the Receivables shall have assumed the responsibilities and obligations of the resigning or terminated Servicer under this Agreement. Notwithstanding anything else herein to the contrary, in no event shall the Indenture Trustee be liable for any Servicing Fee or for any differential in the amount of the Servicing Fee paid hereunder and the amount necessary to induce any successor Servicer to act as successor Servicer under this Agreement and the transactions set forth or provided for herein. (e) In connection with such appointment, the Indenture Trustee may make such arrangements for the compensation of the successor Servicer out of Available Funds as it and such successor Servicer will agree; provided, however, that no such compensation will be in excess of the amount paid to the predecessor Servicer under this Agreement.

  • Engagement of Administrator The Issuer and the Owner Trustee engage the Administrator to perform the obligations of the Issuer and the Owner Trustee under the Transaction Documents as described in this Agreement, and the Administrator accepts the engagement.

  • Administrator Termination Events; Termination of the Administrator (a) Subject to clause (d) below, the Administrator may resign its duties hereunder by providing the Issuer with at least sixty (60) days’ prior written notice. (b) Subject to Section 3.15 of the Indenture, the Issuer may remove the Administrator without cause by providing the Administrator with at least sixty (60) days’ prior written notice. (c) The occurrence of any one of the following events (each, an “Administrator Termination Event”) shall also entitle the Issuer, subject to Section 21 hereof, to terminate and replace the Administrator: (i) any failure by the Administrator to duly observe or perform in any respect any other of its covenants or agreements in this Agreement, which failure materially and adversely affects the rights of the Issuer or the Noteholders, and which continues unremedied for 90 days after discovery thereof by a Responsible Officer of the Administrator or receipt by the Administrator of written notice thereof from the Indenture Trustee or Noteholders evidencing a majority of the Note Balance of the Outstanding Notes, voting together as a single class; or (ii) the Administrator suffers a Bankruptcy Event; provided, however, that if any delay or failure of performance referred to under clause (c)(i) above shall have been caused by force majeure or other similar occurrence, the 90 day grace period referred to in such clause (c)(i) shall be extended for an additional 60 calendar days. (d) If an Administrator Termination Event shall have occurred, the Issuer may, subject to Section 21 hereof, by notice given to the Administrator and the Owner Trustee, terminate all or a portion of the rights and powers of the Administrator under this Agreement, including the rights of the Administrator to receive the annual fee for services hereunder for all periods following such termination; provided, however that such termination shall not become effective until such time as the Issuer, subject to Section 21 hereof, shall have appointed a successor Administrator in the manner set forth below. Upon any such termination or upon a resignation of the Administrator in accordance with Section 8(a) hereof, all rights, powers, duties and responsibilities of the Administrator under this Agreement shall vest in and be assumed by any successor Administrator appointed by the Issuer, subject to Section 21 hereof, pursuant to a management agreement between the Issuer and such successor Administrator, containing substantially the same provisions as this Agreement (including with respect to the compensation of such successor Administrator), and the successor Administrator is hereby irrevocably authorized and empowered to execute and deliver, on behalf of the Administrator, as attorney-in-fact or otherwise, all documents and other instruments, and to do or accomplish all other acts or things necessary or appropriate to effect such vesting and assumption. Further, in such event, the Administrator shall use its commercially reasonable efforts to effect the orderly and efficient transfer of the administration of the Issuer to the new Administrator. No resignation or removal of the Administrator shall be effective until a successor Administrator shall have been appointed by the Issuer. (e) The Issuer, subject to Section 21 hereof, may waive in writing any Administrator Termination Event by the Administrator in the performance of its obligations hereunder and its consequences. Upon any such waiver of a past Administrator Termination Event, such Administrator Termination Event shall cease to exist, and any Administrator Termination Event arising therefrom shall be deemed to have been remedied for every purpose of this Agreement. No such waiver shall extend to any subsequent or other Administrator Termination Event or impair any right consequent thereon.

  • Rollovers of Settlement Payments From Bankrupt Airlines If you are a qualified airline employee who has received a qualified airline settlement payment from a commercial airline carrier under the approval of an order of a federal bankruptcy court in a case filed after September 11, 2001, and before January 1, 2007, you are allowed to roll over any portion of the proceeds into your Xxxx XXX within 180 days after receipt of such amount, or by a later date if extended by federal law. For further detailed information and effective dates you may obtain IRS Publication 590-A, Contributions to Individual Retirement Arrangements (IRAs), from the IRS or refer to the IRS website at xxx.xxx.xxx.

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