Examples of Claims Administration Costs in a sentence
Any amount of Claims Administration Costs requested by Class Counsel but unapproved by the Court shall be allocated to the Net Settlement Fund.
Class Counsel intends to request that the Court approve Claims Administration Costs of up to $25,000.00, payable to the Claims Administrator for administering the settlement, including, but not limited to, printing, distributing, or tracking Class Notices, providing any required tax forms, processing any required tax payments or reporting, and calculating and distributing Settlement Payments.
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.