SETTLEMENT CONSIDERATION, BENEFITS, AND OTHER RELIEF. Subject to Court approval, in consideration for the Releases set forth in Section 10 as well as other provisions of this Agreement, Allstate will fund a non-reversionary common fund (“Settlement Fund”) of three million, three hundred thousand dollars ($3,300,000.00), from which all Settlement Relief, Attorneys’ Fees and Costs, Notice and Administrative Costs, and any Service Award will be deducted. The Settlement Fund represents the limit and total extent of Allstate’s monetary obligations under this Agreement and the Settlement. In no event shall Allstate’s total financial liability with respect to this Agreement and the Settlement exceed three million, three hundred thousand dollars ($3,300,000.00). Allstate will fund the Settlement Fund as follows: within forty-five (45) days following entry of the Preliminary Approval Order, Allstate will transfer five hundred thousand dollars ($500,000.00) to the Administrator (via wire instructions provided by the Administrator to Allstate) to an interest-bearing escrow account to be used to pay for the Notice Program and administration of the Settlement by the Settlement Administrator. The Administrator will hold those amounts until such time as the Administrator is authorized to use or pay those funds, including for any authorized up- front Notice and Administrative Costs, pursuant to the Agreement, the Preliminary Approval Order, and the Final Approval Order. Within fourteen (14) days of the Effective Date, Allstate shall transfer to the Settlement Administrator two million, eight hundred thousand dollars ($2,800,000.00), the remaining amount of the Settlement Fund. The Court may retain continuing jurisdiction over the Settlement Fund sufficient to satisfy the requirements of 26 C.F.R. § 1.468B-1. The Administrator shall at all times seek to have the Settlement Fund treated as a “qualified settlement fund” as that term is defined in 26 C.F.R. § 1.468B-1. The Administrator shall cause any taxes imposed on the earnings of the Settlement Fund, if any, to be paid out of such earnings and shall comply with all tax reporting and withholding requirements imposed on the Settlement Fund under applicable tax laws. The Administrator shall be the “administrator” of the Settlement Fund pursuant to 26 C.F.R. § 1.468B-2(k)(3). Each Claimant shall be entitled to receive Settlement Relief upon certification that he or she was called on a cellular telephone by Allstate once or more during the Class Period and did not consent to hav...
SETTLEMENT CONSIDERATION, BENEFITS, AND OTHER RELIEF. 4.1. In consideration for the Releases set forth in Section 10, Defendants will provide the following benefits.
SETTLEMENT CONSIDERATION, BENEFITS, AND OTHER RELIEF. In consideration for the Releases set forth in Section 10, Defendant will provide the following benefits:
SETTLEMENT CONSIDERATION, BENEFITS, AND OTHER RELIEF. 20 In consideration for the Releases set forth in Section 10 as well as other provisions of 21 this Agreement, Defendant will fund a non-reversionary common fund (“Settlement Fund”) of one 22 million, five hundred thousand dollars ($1,500,000.00), from which all Settlement Relief, Attorneys’ 23 Fees and Costs, Notice and Administrative Costs, and any Service Award will be deducted. 24 The Settlement Fund represents the limit and total extent of Defendant’s 25 monetary obligations under this Agreement and the Settlement. In no event shall Defendant’s total 26 financial liability with respect to this Agreement and the Settlement exceed $1,500,000.00.
SETTLEMENT CONSIDERATION, BENEFITS, AND OTHER RELIEF. 4.1. In consideration for the Releases set forth in Section 10 as well as other provisions of this Settlement Agreement, Defendants will provide the following benefits, in addition to other consideration described in this Settlement Agreement.
SETTLEMENT CONSIDERATION, BENEFITS, AND OTHER RELIEF. 4.1. In consideration for the Releases set forth in Section 10, DBNTC will fund a non- reversionary common Settlement Fund of $2,541,390, from which all Settlement Relief, Attorneys’ Fees and Costs, Notice and Administrative Costs, and an Incentive Award, if any, will be deducted.
SETTLEMENT CONSIDERATION, BENEFITS, AND OTHER RELIEF. 4.1. In consideration for the Releases set forth in Section 10, Intermex will fund a non- reversionary common Settlement Fund of $3,250,000, from which all Settlement Relief, Attorneys’ Fees and Costs, Notice and Administrative Costs, and an Incentive Award, if any, will be deducted.
SETTLEMENT CONSIDERATION, BENEFITS, AND OTHER RELIEF. 4.1. In consideration for the Releases set forth in Section 10, Ocwen will provide the following benefits.
SETTLEMENT CONSIDERATION, BENEFITS, AND OTHER RELIEF. 4.1. In consideration for the Releases set forth in Section 10, Shellpoint will provide the following benefits.
SETTLEMENT CONSIDERATION, BENEFITS, AND OTHER RELIEF. 4.1. In consideration for the Releases set forth in Section 10, Wilmington Trust will fund a non-reversionary common Settlement Fund of $185,270.25, from which all Settlement Relief, Attorneys’ Fees and Costs, Notice and Administrative Costs, and an Incentive Award, if any, will be deducted.
