Common use of To the Settlement Administrator Clause in Contracts

To the Settlement Administrator. The Settlement Administrator - CPT Group will pay to itself Administration Costs (reasonable fees and expenses) approved by the Court not to exceed $12,000. This will be paid out of the Gross Settlement Amount. If the actual amount of Administration Costs is less than the amount estimated and/or requested, the difference shall become part of the NSA and be available for distribution to Participating Class Members.

Appears in 1 contract

Samples: Joint Stipulation of Class Action Settlement and Release Agreement

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To the Settlement Administrator. The Settlement Administrator - CPT Group Group, Inc. - will pay to itself Administration Costs (reasonable fees and expenses) approved by the Court not to exceed $12,00025,000.00. This will be paid out of the Gross Qualified Settlement AmountFund. If the actual amount of Administration Costs is less than the amount estimated and/or requested, the difference shall become part of the NSA NFV and be available for distribution to Participating Class Members.

Appears in 1 contract

Samples: Settlement Agreement

To the Settlement Administrator. The Settlement Administrator - CPT Group Group, Inc. will pay to itself Administration Costs (reasonable fees and expenses) approved by the Court not to exceed $12,00015,000. This will be paid out of the Gross Qualified Settlement AmountFund. If the actual amount of Administration Costs is less than the amount estimated and/or requested, the difference shall become part of the NSA and be available for distribution to Participating Class Members.

Appears in 1 contract

Samples: Settlement Agreement

To the Settlement Administrator. The Settlement Administrator - CPT Group will pay to itself Administration Costs (reasonable fees and expenses) approved by the Court not to exceed $12,00020,000. This will be paid out of the Gross Qualified Settlement AmountFund. If the actual amount of Administration Costs is less than the amount estimated and/or requestedestimated, the difference shall become part of the NSA and be available for distribution to Participating Class Members. In the event the Court does not approve the entirety of the application for the Administration Costs, the Settlement Administrator shall pay to itself whatever amount the Court awards, and neither Defendant nor Plaintiff shall be responsible for paying the difference between the amount requested and the amount awarded.

Appears in 1 contract

Samples: Settlement Agreement

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To the Settlement Administrator. The Settlement Administrator - CPT Group Administrator—CPT— will pay to itself Administration Costs (reasonable fees and expenses) approved by the Court not to exceed $12,000. This will be paid out of the Gross Settlement Amount. If the actual amount of Administration Costs is less than the amount estimated and/or requested, the difference shall become part of the NSA and be available for distribution to Participating Class Members.

Appears in 1 contract

Samples: Settlement Agreement

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