Settlement Terms and Benefits to the Settlement Class. 5.1 Maximum Payment to Settlement Class. Defendant will pay the total sum of $1,000,000.00, plus all Notice and Administration Costs for a Maximum Payment of up to $1,269,500, to settle the Action with the Settlement Class and obtain a release of all Released Claims in favor of all Released Parties as set forth herein, unless the Settlement Fund is increased as a result of an increase in class size as set forth in the last paragraph of Section 2.36. The Notice and Administration Costs shall be paid by Defendant. The Settlement Fund will be used to pay Approved Claims, any attorneys’ fees, costs, and expenses approved by the Court, and any incentive award to Class Plaintiff approved by the Court. Settlement Class Members will be eligible for a cash payment, the amount of which is dependent upon the number of Approved Claims. In no event will Defendant’s payment obligations exceed the Maximum Payment.
Settlement Terms and Benefits to the Settlement Class. 2.1 All Settlement Class Members who submit an Approved Claim using the Claim Form, which is attached as Exhibit A to this Settlement Agreement, are eligible to receive:
Settlement Terms and Benefits to the Settlement Class. 2.1 Macy’s shall pay $192,500.00 (the “Settlement Fund”) to settle the Litigation and obtain a release of all Released Claims in favor of Macy’s and the Released Persons. The Settlement Fund shall be used to pay amounts to be paid to Settlement Class Members for Approved Claims as provided for in this Agreement. The Settlement Fund shall be paid to the Settlement Administrator fifteen (15) business days after the Effective Date and shall be maintained in an interest bearing account at a deposit institution mutually agreed to be the Parties.
Settlement Terms and Benefits to the Settlement Class. 2.1 The Settlement Fund shall be paid to the Settlement Administrator five (5) business days after the Effective Date (subject to any offset for Costs of Settlement Administration paid by U.S. Bank prior to the Effective Date as set forth in ¶ 2.3). The Settlement Administrator shall deposit the Settlement Fund in an interest-bearing account at a federally insured banking institution of the ing to the benefit of the Settlement Class and Class Counsel.
Settlement Terms and Benefits to the Settlement Class. 4.01 Capital One’s 0% Offer Materials. Since the time when Class Representative Xxxx received her 0% Offer, Capital One has further enhanced the disclosures in its 0% Offer materials addressing the Grace-Period Effect and the Payment-Allocation Effect, benefiting all Settlement Class Members.
Settlement Terms and Benefits to the Settlement Class. 4.01 [reserved]
Settlement Terms and Benefits to the Settlement Class. 4.01. Total Payment. Bluestem agrees to pay $5,250,000.00 to settle the Action and
Settlement Terms and Benefits to the Settlement Class. 5.01 T otal Payment/Amount Per Approved Claim. Defendants shall pay $250,000 (“Settlement Fund”) to settle the Action and obtain a release of all Released Claims in favor of the Released Parties. The Settlement Fund shall be used to pay Settlement Costs and fund the amounts eventually to be paid to Qualified Class Members as set forth in Section 8.04. After the Settlement Costs are deducted from the Settlement Fund, the remaining amount shall then be dedicated to pay each Qualified Class Member $60 total for Fax Advertisements received by the Qualified Class Members. If any balance remains in the Settlement Fund after allocating $60 to each Qualified Class Member, the remainder shall be returned to Defendants.
Settlement Terms and Benefits to the Settlement Class. 5.01. Maximum Payment. Xxxxx Fargo Bank, N.A. shall pay $14,550,198.00 to settle the Action and obtain a release of all Released Claims in favor of all Released Parties as set forth herein. The Maximum Payment will be used to pay Approved Claims and any Settlement Costs. Settlement Class Members will be eligible for a cash payment, the amount of which is dependent upon the number of Approved Claims.
Settlement Terms and Benefits to the Settlement Class. 5.01. Total Payment. Citizens shall pay $4,551,267.50 to settle the Action and obtain a full release from Settlement Class Members of all Released Claims. The Settlement Fund established by Citizens will be used to pay Approved Claims and any and all Settlement Costs. Settlement Class Members will be eligible for a cash payment, the amount of which is dependent upon the number of Approved Claims.
