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.
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Administration Expenses Payment means the amount the Administrator will be paid
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Administration Expenses Payment means the amount the Administrator
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Examples of Administration Expenses Payment in a sentence

  • To the extent the Administration Expenses Payment is less or the Court approves payment less than $20,000, the Administrator will retain the remainder in the Net Settlement Amount.

  • An Administration Expenses Payment not to exceed $20,000 except for a showing of good cause and as approved by the Court.

  • Within fourteen (14) calendar days after Defendant fully funds the Gross Settlement Amount, the Administrator will mail checks for all Individual Class Payments, Individual PAGA Payments, LWDA PAGA Payment, Administration Expenses Payment, Class Counsel Fees Payment, Class Counsel Litigation Expenses Payment, and Class Representative Service Payments.

  • The Court’s decision to award less than the amounts requested for the Class Representative Service Payments, Class Counsel Fees Payment, Class Counsel Litigation Expenses Payment, and/or Administration Expenses Payment shall not constitute a material modification to the Settlement within the meaning of this section.


More Definitions of Administration Expenses Payment

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.
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Administration Expenses Payment means the expenses incurred by the Administrator in effectuating the Settlement, not to exceed $13,000.
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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.
Sample 1
Administration Expenses Payment means the amount the Administrator will be paid kom 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.
Sample 1

Related to Administration Expenses Payment

  • Settlement Administration Expenses means all fees, disbursements, expenses, costs, taxes and any other amounts incurred or payable for the approval, implementation and operation of this Settlement Agreement, including the costs of giving Notice and Settlement Approval Notice, but excluding Class Counsel Fees and Class Counsel Disbursements;

  • Reimbursable Expenses means all assignment-related costs [such as travel, translation, report printing, secretarial expenses, subject to specified maximum limits in the Contract].

  • Transaction Expenses means any fees, costs, or expenses incurred or paid by Holdings, the Borrower, or any of their respective Affiliates in connection with the Transactions, this Agreement, and the other Credit Documents, and the transactions contemplated hereby and thereby.

  • Common Expenses means expenditures made by or financial liabilities of the association, together with any allocations to reserves.

  • Administrative Expenses means (i) all administrative and operating costs and expenses incurred by the Partnership, (ii) those administrative costs and expenses of the General Partner, including any salaries or other payments to directors, officers or employees of the General Partner, and any accounting and legal expenses of the General Partner, which expenses, the Partners have agreed, are expenses of the Partnership and not the General Partner, and (iii) to the extent not included in clause (ii) above, REIT Expenses; provided, however, that Administrative Expenses shall not include any administrative costs and expenses incurred by the General Partner that are attributable to Properties or partnership interests in a Subsidiary Partnership (other than this Partnership) that are owned by the General Partner directly.

  • Non-Cash Compensation Expense means any non-cash expenses and costs that result from the issuance of stock-based awards, partnership interest-based awards and similar incentive based compensation awards or arrangements.