Examples of Fund Distribution in a sentence
The Settlement Administrator shall also establish a distribution account (the “Qualified Settlement Fund Distribution Account”) to receive from Nationstar (a) the deposit of the Borrower Payment Amount as provided in Section VII for borrower distributions, and (b) any portion of the Administrative Penalty and Administrative Costs that Nationstar deposits as provided for in Section VIII for distribution to Participating States.
Within twenty-five (25) calendar days of the Effective Date of this Order, consistent with this Agreement, Exhibit B and instructions provided by the Executive Committee, Nationstar shall deposit Six Million, Four Hundred and Thirty-Four Thousand, and One Hundred Dollars ($6,434,100.00) (the “Borrower Payment Amount”) by electronic funds transfer into the Qualified Settlement Fund Distribution Account.
To the extent that Nationstar does not pay out the total Administrative Penalty within ten (10) calendar days of the Effective Date of this Agreement, then Nationstar shall deposit into the Qualified Settlement Fund Distribution Account within five (5) calendar days thereafter, for the benefit of each Participating State that has not been paid, that state’s portion of the Administrative Penalty, which amounts shall be for further administration by the Settlement Administrator.
Identify type of Pension, Profit Sharing or Retirement Fund Distribution of Funds, Shares, etc.
The General Fund Distribution Model in the 4.13.17 Attachment A which is incorporated into this contract by reference identifies a 5-year implementation plan effective Oct.
Special emphasis will be placed on the narrative and budget components required in the Orange County Citizens’ Review Panel Fund Distribution Process funding proposal.
The protocols for the determination and payment of Class Members are set forth in the Settlement Fund Distribution Protocol, attached as Exhibit A.
The Settlement Administrator shall determine the Payment Amount for each Class Member, as required by the Settlement Fund Distribution Protocol.
The Settlement Administrator shall be authorized to take actions in accordance and compliance with this Settlement Agreement and the Settlement Fund Distribution Protocol.
Benefit Checks shall be mailed directly to Class Members as set forth in the Settlement Fund Distribution Protocol, within thirty (30) calendar days after the Effective Date, to the addresses provided to the Settlement Administrator by the Parties, as updated by the Settlement Administrator.