Administration and Notice Costs definition

Administration and Notice Costs means all reasonable costs and expenses incurred by the Settlement Administrator in carrying out its duties under this Agreement, including all costs and expenses incurred in connection with implementing and executing the Notice Plan.
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Administration and Notice Costs means all reasonable costs and expenses incurred by the Settlement Administrator in carrying out its duties under this Agreement, including all costs and expenses incurred in connection with implementing and executing the Notice Plan and notice required by the Class Action Fairness Act.
Sample 1

Examples of Administration and Notice Costs in a sentence

  • The Settlement Administrator will file any necessary tax returns and pay all taxes required on behalf of the Settlement Fund and any such Taxes and Tax-Related Expenses will be included in the Administration and Notice Costs.

  • Each Settlement Class Member will be able to elect to take a cash payment from the remainder of this fund after the payment of the Fee Award and Expenses, as well as Administration and Notice Costs, if any, exceeding the $300,000.00 Administration Fund.

  • No payment for Administration and Notice Costs shall be made until twenty-one (21) days after the Court enters the Preliminary Approval Order.

  • Each Settlement Class Member will be able to elect to take a cash payment from the remainder of this fund after the payment of the Fee Award and Expenses, as well as Administration and Notice Costs, if any, that exceed the $300,000.00 Settlement Administration Fund.

Related to Administration and Notice Costs

  • Service Costs has the meaning ascribed thereto in Section 3.01.

  • Administrative Costs means all costs and expenses associated with providing notice of the Settlement to the Settlement Class and otherwise administering or carrying out the terms of the Settlement. Such costs may include, without limitation: escrow agent costs, the costs of publishing the summary notice, the costs of printing and mailing the Notice and Proof of Claim, as directed by the Court, and the costs of allocating and distributing the Net Settlement Fund to the Authorized Claimants. Such costs do not include legal fees.

  • Administration Agreement means the Administration Agreement, dated as of the Closing Date, between the Administrator, the Issuer and the Indenture Trustee, as the same may be amended and supplemented from time to time.