Claims Administration Costs definition

Claims Administration Costs means all costs, other than Class Counsel Legal Fees, required to implement this Settlement Agreement, including without limitation, costs required to satisfy the notice provisions;

Claims Administration Costs means all costs associated with administering claims for compensation from, and making payments from, the Reversionary Funds and distributing the Non-Reversionary Payments, including the fees and disbursements of the Claims Administrator, and applicable taxes, and all postage costs to be incurred by the City for the purpose of providing notices in accordance with the Notice Plan.

Claims Administration Costs means the costs payable from the Class Settlement

Examples of Claims Administration Costs in a sentence

• The City shall bear the cost of issuing the Hearing Notice, Approval Notice and Notice of Termination in accordance with the Notice Plan, with the exception of any out-of-pocket costs incurred for postage for notices which the City is not able to send by email, which postage expenses shall be reimbursed to the City as Claims Administration Costs, in accordance with the Distribution Protocol in Part 9 of this Settlement Agreement.

• Payment in the amount of $25,000 towards Claims Administration Costs inclusive of GST; b.

• The Notice and Claims Administration Costs, including, but not limited to, the Settlement Administrator’s fees, as well as the costs associated with the provision of notice to the Settlement Class Members and administration of the Settlement, shall be paid from the Settlement Fund.

• The Parties agree to solicit and did solicit competitive bids for settlement administration, including Notice and Claims Administration Costs, to rely upon Postcard Notice, and to utilize other appropriate forms of notice where practicable, in order to contain the administration costs while still providing effective notice to the Settlement Class Members.

• Defendant agrees to make a payment and deposit that payment into the Settlement Fund as follows: (i) Defendant shall pay $200,000.00 into the Settlement Fund within 30 days after this Court enters a Preliminary Approval Order, which shall be available to cover Notice and Claims Administration Costs incurred prior to entry of the Final Approval Order and Final Judgment, and (ii) Defendant shall pay the balance of the Settlement Fund, $600,000.00, within 30 days after the Effective Date.

More Definitions of Claims Administration Costs

Claims Administration Costs means the fees and costs incurred or

Claims Administration Costs means the costs payable from the Settlement Amount to 10 the Claims Administrator for administering this Settlement, including, but not limited to, printing, 11 distributing, and tracking documents for this Settlement, calculating estimated amounts per Participating 12 Class Member, tax reporting, distributing the appropriate settlement amounts, and providing necessary 13 reports and declarations, and other duties and responsibilities set forth herein to process this Xxxxxxxxxx, 00 and as requested by the Parties. The Claims Administration Costs shall be paid from the Settlement

Claims Administration Costs means the costs and expenses due to the Claims Administrator (defined below) in connection with its administration of the claims, as described in Section 8.1 of this Agreement.

Claims Administration Costs means the costs payable from the Maximum Settlement

Claims Administration Costs means the cost payable from the Gross

Claims Administration Costs means the amount to be paid to the

Claims Administration Costs mean the fees and expenses reasonably and 4 necessarily incurred by the Claims Administrator as a result of performing the settlement 5 administration procedures and functions expressly required in this Settlement and shall include all 6 costs of administering the Settlement, including but not limited to: formatting, printing and 7 mailing the Notice Packet, including filling in individuating information about the amount each 8 Settlement Class Member is estimated to receive; performing a National Change of Address 9 database search of Class Member addresses to update prior to the initial mailing of the Notice 10 Packet; skip-tracing of bad addresses upon the return of undelivered Notice Packets; establishing 11 a toll-free phone number and post office box for receipt of Class Member communications; 12 establishing a website where Class Members may view and download the operative complaint, 13 this Settlement Agreement, the Settlement Notice, approval motions/briefing, as well as any 14 Orders or Tentative Rulings issued by the Court; calculating, processing, reviewing, and issuing 15 Settlement Payments to participating Class Members and others as ordered by the Court; 16 reviewing and resolving Class Members’ disputed claims regarding payments under this 17 Agreement; calculating tax withholdings and payroll taxes, making related payment to federal and 18 state tax authorities, and issuing tax forms relating to payments made under the Settlement; 19 establishing a QSF or other appropriate vehicle for receipt of the Gross Settlement Amount and 20 disbursement of payments provided by this Agreement and ordered by the Court; preparing any 21 tax returns and any other filings required by any governmental taxing authority or agency; and 22 any other costs and fees incurred and/or charged by the Claims Administrator in connection with 23 the execution of its duties under this Agreement, which shall not exceed Twenty-Five Thousand 24 U.S. Dollars and Zero Cents ($25,000.00).