Administrative Costs definition
Examples of Administrative Costs in a sentence
The Settlement Administrator shall be compensated for all Administrative Costs charged or incurred by the Settlement Administrator through the date on which all Settlement Disbursements have been made under this Agreement; provided, however, that in no event shall the aggregate compensation paid to the Settlement Administrator under this Agreement exceed $100,000 or such other amount mutually agreeable to the Parties and Settlement Administrator and approved by an Order of the Court.
In the Customer Class Notice, notice shall be given advising each Customer Class Member to seek their own personal tax advice regarding (a) any potential tax consequences of receiving the Credit, Coupon, or Deferred Cash Payments and (b) if applicable, any potential tax consequences from the reduction or adjustment in their rights and benefits to the Credit, Coupon, or Deferred Cash Payments to account for the Administrative Costs, Class Counsel Fee Award, and Service Awards.