Common use of Use of the Settlement Fund Clause in Contracts

Use of the Settlement Fund. As further described in this Agreement, the Settlement Fund shall be used by the Settlement Administrator to pay for the following: (i) Notice and Administrative Expenses, (ii) Taxes and Tax-Related Expenses, (iii) Approved Claim(s) for Out-of-Pocket Losses; (iv) Approved Claim(s) for Lost Time; (v) Approved Claims for Credit Monitoring and Identity Theft Protection Services; (vi) Approved Claims for Cash Payment for Identity Theft or Data Misuse; (vii) Service Awards Payments approved by the Court, (viii) Fee Award and Costs approved by the Court; and (ix) Residual Cash Payments. Following payment of all of the above expenses, any amount remaining in the Net Settlement Fund shall be paid to the Non-Profit Residual Recipient in accordance with Paragraph 70. No amounts may be withdrawn from the Settlement Fund unless expressly authorized by this Agreement or approved by the Court.

Appears in 1 contract

Samples: Settlement Agreement and Release

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Use of the Settlement Fund. As further described in this Agreement, the Settlement Fund shall be used by the Settlement Administrator to pay for the following: (i) Notice and Administrative Expenses, (ii) Taxes and Tax-Related Expenses, (iii) Approved Claim(s) for Out-of-Pocket Losses; (iv) Approved Claim(s) for Lost Attested Time; (v) Approved Claims Claim(s) for Credit Monitoring and Identity Theft Protection Services; (vi) Approved Claims Claim(s) for Alternative Cash Payment for Identity Theft or Data MisusePayment(s); (vii) Service Awards Payments approved by the Court, ; (viii) Fee Award and Costs approved by the Court; (ix) Residual Credit Monitoring Services; and (ixx) Residual Cash Payments. Following payment of all of the above expenses, any amount remaining in the Net Residual Settlement Fund shall be paid to the Non-Profit Residual Recipient in accordance with Paragraph 70. No amounts may be withdrawn from the Settlement Fund unless expressly authorized by this Agreement or approved by the Court.

Appears in 1 contract

Samples: Settlement Agreement and Release

Use of the Settlement Fund. As further described in this Agreement, the Settlement Fund shall be used by the Settlement Administrator to pay for the following: (i) Notice and Administrative Expenses, (ii) Taxes and Tax-Related Expenses, (iii) Approved Claim(s) for Out-of-Pocket Losses; (iv) Approved Claim(s) for Lost Time; (v) Approved Claims for Credit Monitoring and Identity Theft Protection Services; (vi) Approved Claims for Alternative Cash Payment for Identity Theft or Data MisusePayment; (vii) Service Awards Payments approved by the Court, and (viii) Fee Award Award, Costs, and Costs Expenses approved by the Court; and (ix) Residual Cash Payments. Following payment of all of the above expenses, any amount remaining in the Net Settlement Fund shall be paid to the Non-Profit Residual Recipient in accordance with Paragraph 7065. No amounts may be withdrawn from the Settlement Fund unless expressly authorized by this Agreement or approved by the Court.

Appears in 1 contract

Samples: Settlement Agreement and Release

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Use of the Settlement Fund. As further described in this Agreement, the Settlement Fund shall be used by the Settlement Administrator to pay for the following: (i) Notice and Administrative Expenses, (ii) Taxes and Tax-Related Expenses, (iii) Approved Claim(s) for Out-of-Pocket Losses; (iv) Approved Claim(s) for Lost Time; (v) Approved Claims for Credit Monitoring and Identity Theft Protection Services; (vi) Approved Claims for Alternative Cash Payment for Identity Theft or Data MisusePayments; (vii) Service Awards Payments approved by the Court, (viii) Attorneys’ Fee Award and Costs approved by the Court; and (ix) Residual Cash Payments. Following payment of all of the above expenses, any amount remaining in the Net Settlement Fund shall be paid to the Non-Profit Residual Cy Pres Recipient in accordance with Paragraph 7066. No amounts may be withdrawn from the Settlement Fund unless expressly authorized by this Agreement or approved by the Court.

Appears in 1 contract

Samples: Settlement Agreement and Release

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