Class Counsel Fees and Expenses definition
Examples of Class Counsel Fees and Expenses in a sentence
Defendants will not oppose Class Counsel’s application for Class Counsel Fees and Expenses in the combined amount of and not exceeding $7,700,000, and Class Counsel shall not be awarded, and shall not accept, any amount of Class Counsel Fees and Expenses exceeding said combined amount.
If the Court approves a Class Counsel Fees and Expenses Payment of less than the amount authorized to be sought under this Agreement, the remainder will be retained in the Net Settlement Amount.
Said payments shall fully satisfy and discharge all obligations of Defendants and the Released Parties with respect to payment of the Class Counsel Fees and Expenses and Settlement Class representative service awards.
As a condition for and prior to making the Up-Front Payment, each Class Counsel shall execute in favor of Defendants, and deliver to Defendants through their counsel Xxxxxxxx & Xxxxx, P.C., a valid and binding written Guarantee of re-payment to Defendants of the full amount of the Up-Front Payment in the event that the award of Class Counsel Fees and Expenses is reversed or modified as a result of any appeals.
Each party shall have the right to appeal to the extent the award for Class Counsel Fees and Expenses is inconsistent with this Agreement.