Administration Expenses Payment definition
Administration Expenses Payment means the amount the Administrator will be paid from the Gross Settlement Amount to reimburse its reasonable fees and expenses in accordance with the Administrator’s “not to exceed” bid submitted to the Court in connection with Preliminary Approval of the Settlement.
Administration Expenses Payment means the amount the Administrator will be paid from the Gross Settlement Amount to reimburse its reasonable fees and expenses in accordance with the Administrator's “not to exceed” bid submitted to the Court in connection with Preliminary Approval of the Settlement.
Administration Expenses Payment means the amount the Administrator will be paid
Examples of Administration Expenses Payment in a sentence
Within 14 days after Defendant funds the Gross Settlement Amount, the Administrator will mail checks for all Individual Class Payments, all Individual PAGA Payments, the LWDA PAGA Payment, the Administration Expenses Payment, the Class Counsel Fees Payment, the Class Counsel Litigation Expenses Payment, and the Class Representative Service Payment.
More Definitions of Administration Expenses Payment
Administration Expenses Payment means the amount the Administrator
Administration Expenses Payment means the sum of $100,000.00 to be paid by the Defendants towards the Administration Expenses, separate and apart from the Maximum Settlement Commitment;
Administration Expenses Payment means the expenses incurred by the Administrator in effectuating the Settlement, not to exceed $13,000.
Administration Expenses Payment means the amount the Administrator will be paid from the Gross Settlement Amount to reimburse its reasonable fees and expenses in accordance with the Administrator’s “not to exceed” bid submitted to the Court in connection with Preliminary Approval of the Settlement. Phoenix has submitted “not to exceed” bid of $16,500.00.
Administration Expenses Payment. The costs payable from the Gross Settlement Amount to the Administrator for administering this Settlement, including, but not limited to, printing, distributing, and tracking documents for this Settlement, calculating estimated amounts per Class Member, tax reporting, distributing the Gross Settlement Amount, and providing necessary reports and declarations, and other duties and responsibilities set forth herein to process this Settlement Agreement, and as requested by the Parties. The Administration Costs will be paid from the Gross Settlement Amount, including, if necessary, any such costs in excess of the amount represented by the Administrator as being the maximum costs necessary to administer the Settlement. The Administration Costs are currently estimated to be Six Thousand Nine Hundred Ninety Five Dollars and Zero Cents ($6,995.00). To the extent actual Administration Costs are greater than Six Thousand Nine Hundred Ninety Five Dollars and Zero Cents ($6,995.00), such excess amount will be deducted from the Gross Settlement Amount.
Administration Expenses Payment means the amount for which Class Counsel shall petition this Court for compensation of the Administrator (for the amount addressed in paragraph 3.2.3) for services in administering this settlement pursuant to Section 8 of this Stipulation of Settlement. The Administration Cost shall be paid from the Gross Settlement Amount.