Examples of Maximum Settlement Amount in a sentence
As part of seeking the Superior Court’s final approval of this Settlement, Class Counsel will apply to the Superior Court for an Attorneys’ Fees and Costs Award of no more than thirty percent (30%) of the Maximum Settlement Amount (i.e., Four Hundred Fifty Thousand Dollars ($450,000)), plus up to an additional Eight Thousand Dollars ($8,000) for actual litigation costs.
Subject to approval of the Settlement by the Superior Court, the Company agrees to deposit the Maximum Settlement Amount into a Qualified Settlement Fund (“QSF”) set up by the Settlement Administrator for purposes of processing the Settlement and paying the Service Awards, the Settlement Administration Expenses Award, the Attorneys’ Fees and Costs Award, and the Settlement Awards.