Common use of Use of the Settlement Fund Clause in Contracts

Use of the Settlement Fund. As further described in this Settlement Agreement and in Exhibit B, the Settlement Fund shall be used by the Settlement Administrator to pay for the following: (1) Settlement Payments to satisfy Approved Claims of Settlement Class Members; (2) payment of the Designatited Cy Pres amount; (3) Notice and Administrative Expenses; (4) Fee Award and Expenses as awarded by the Court; and (5) transfer of Remainder Funds to the extent any exist following the preceding administration of payments. No amounts may be withdrawn from the Settlement Fund unless expressly authorized by this Settlement Agreement or approved by the Court. Responsibility for effectuating payments described in this Paragraph shall rest solely with the Settlement Administrator, and neither Defendant nor Defendant’s agents shall have any responsibility whatsoever with respect to effectuating such payments.

Appears in 1 contract

Samples: Settlement Agreement and Release

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Use of the Settlement Fund. As further described in this Settlement Agreement and in Exhibit BA, the Settlement Fund shall be used by the Settlement Administrator to pay for the following: (1) Settlement Payments to satisfy Approved Claims of Settlement Class Members; (2) payment of the Designatited Cy Pres amount; (3) Notice and Administrative Expenses; , (42) Fee Award and Expenses Award, as approved and awarded by the Court; , (3) Service Awards, as approved and awarded by the Court, (4) Documented Out-of-Pocket Losses, (5) Pro-Rata Cash Compensation, (6) Privacy Shield Services, and (57) transfer of Remainder Funds to the extent any exist following the preceding administration of payments. No amounts may be withdrawn from the Settlement Fund unless expressly authorized by this the Settlement Agreement or approved by the Court. Responsibility for effectuating payments described in this Paragraph shall rest solely with the Settlement Administrator, Administrator and neither Defendant nor Defendant’s agents shall have any responsibility whatsoever with respect to effectuating such payments.

Appears in 1 contract

Samples: Settlement Agreement and Release

Use of the Settlement Fund. As further described in this Settlement Agreement and in Exhibit BA, the Settlement Fund shall be used by the Settlement Administrator to pay for the following: (1) Settlement Payments to satisfy Approved Claims of Settlement Class Members1 Documented Out-of-Pocket Losses; (2) payment of the Designatited Cy Pres amountAttested Lost Time,; (3) Pro-Rata Cash Compensation; (4) Notice and Administrative Expenses; (45) Fee Award and Expenses Award, as approved and awarded by the Court; and (5) transfer of Remainder Funds to the extent any exist following the preceding administration of payments. No amounts may be withdrawn from the Settlement Fund unless expressly authorized by this Settlement Agreement or approved by the Court. Responsibility for effectuating payments described in this Paragraph shall rest solely with the Settlement Administrator, Administrator and neither Defendant nor Defendant’s agents shall have any responsibility whatsoever with respect to effectuating such payments.

Appears in 1 contract

Samples: Settlement Agreement and Release

Use of the Settlement Fund. As further described in this Settlement Agreement and in Exhibit B, the Settlement Fund shall be used by the Settlement Administrator to pay for the following: (1) Settlement Payments to satisfy Approved Claims of Settlement Class Members; (2) payment of the Designatited Designated Cy Pres amount; (3) Notice and Administrative Expenses; (4) Fee Award and Expenses as awarded by the Court; and (5) transfer of Remainder Funds to the extent any exist following the preceding administration of payments. No amounts may be withdrawn from the Settlement Fund unless expressly authorized by this Settlement Agreement or approved by the Court. Responsibility for effectuating payments described in this Paragraph shall rest solely with the Settlement Administrator, and neither Defendant nor Defendant’s agents shall have any responsibility whatsoever with respect to effectuating such payments.

Appears in 1 contract

Samples: Amended Settlement Agreement and Release

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Use of the Settlement Fund. As further described in this Settlement Agreement and in Exhibit BA, the Settlement Fund shall be used by the Settlement Administrator to pay for the following: (1) Settlement Payments to satisfy Approved Claims of Settlement Class Members; reimbursement for Out-of-Pocket Losses, Lost Time, and Pro Rata Cash Compensation (2) payment of the Designatited Cy Pres amount; (3) Notice and Administrative Expenses; (43) Fee Award and Expenses Costs as awarded by the Court; (4) Service Awards payments approved by the Court; and (5) transfer of Remainder Funds to the extent any exist following the preceding administration of payments. No amounts may be withdrawn from the Settlement Fund unless expressly authorized by this Settlement Agreement or approved by the Court. Responsibility for effectuating payments described in this Paragraph paragraph shall rest solely with the Settlement Administrator, Administrator and neither Defendant nor Defendant’s agents shall have any responsibility whatsoever with respect to effectuating such payments.

Appears in 1 contract

Samples: Settlement Agreement and Release

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