Settlement Monetary Consideration. Those Settlement Class Members who submit a timely, valid, and verified Claim Form, substantially in the form of Exhibit B, by the Claim Deadline in the manner required by this Settlement Agreement, shall receive Claim Settlement Relief under the following terms and conditions.
Settlement Monetary Consideration. 4.2.1. AIC and Oh Agency (or Oh Agency’s insurers), will fund a non- reversionary common Settlement Fund of $10,500,000, from which all Settlement Relief, Attorneys’ Fees and Costs, Notice and Administrative Costs, and any Incentive Award will be deducted in the manner and at the various times specified in this Agreement. The Settlement Fund represents the limit and total extent of Defendants’ monetary obligations under this Agreement and the Settlement. In no event shall Defendants’ total financial liability with respect to this Agreement and the Settlement exceed $10,500,000.
Settlement Monetary Consideration. 4.3.1. Defendant will fund a non-reversionary common Settlement Fund of $1,700,000, from which all Settlement Relief, Attorneys’ Fees and Costs, Notice and Administrative Costs, and any Incentive Award will be deducted. The Settlement Fund represents the limit and total extent of Defendant’ monetary obligations under this Agreement and the Settlement. In no event shall Defendant’ total financial liability with respect to this Agreement and the Settlement exceed $1,700,000.
Settlement Monetary Consideration. 3.2.1 Within twenty (20) days after the Court’s entry of the Preliminary Approval Order, BANA will fund the Settlement Fund by depositing the sum of One Million Nine Hundred Seventy Five Thousand Dollars ($1,975,000) into an escrow account with the Settlement Administrator, the terms of which shall be subject to BANA’s approval.
Settlement Monetary Consideration. 3.2.1 Rushmore shall pay the total amount of $1,645,840 in relief, which shall comprise the Settlement Fund.
Settlement Monetary Consideration. Settlement Consideration under this Agreement includes the following:
Settlement Monetary Consideration. 3.2.1 M&T shall pay the total amount of $3,325,000 in relief, which shall comprise the Settlement Fund.
Settlement Monetary Consideration. 3.3.1 Within thirty (30) days of the Effective Date, CBUSA will fund the Settlement Fund by depositing into an escrow account, the terms of which shall be subject to CBUSA’s approval, the sum of $11,500,000.00 (11.5 million U.S. dollars). There shall be no reverter of any part of the Settlement Fund, unless otherwise agreed to by Class Counsel with respect to de minimis funds, if any, remaining after distributions are completed. Except as set forth in the paragraph below, the Settlement Fund shall be used to pay the CBUSA Post- Discharge Payors and Participating Claimants.
Settlement Monetary Consideration. 3.3.1 Within fourteen (14) days after the Effective Date, Discover will fund the Settlement Fund by depositing into an escrow account with the Settlement Administrator, the terms of which shall be subject to Discover’s approval, the Settlement Fund amount of nine hundred seventy-nine thousand five hundred dollars ($979,500). Under no circumstances shall Discover’s total financial obligation to fund the Settlement Fund exceed nine hundred seventy-nine thousand five hundred dollars ($979,500).
Settlement Monetary Consideration. 3.3.1 Within twenty-one (21) days after the Court’s entry of the Preliminary Approval Order, SoFi will initially fund the amount to cover administrative expenses by depositing into an escrow account, the terms of which shall be subject to SoFi’s approval, with the Settlement Administrator the sum of Twenty-Five Thousand Dollars ($25,000) to cover costs and expenses for implementing the terms of the Settlement set forth herein. Under no circumstances shall SoFi’s total financial obligation to pay the administrative expenses of the settlement exceed Twenty-Five Thousand Dollars ($25,000). Any costs or expenses related to administering the settlement that exceed Twenty-Five Thousand Dollars ($25,000) shall be deducted from the Settlement Fund. Any balance of this initial funding remaining following the implementation of the terms of the Settlement and payment of the Settlement Administrator shall revert to SoFi.
