Examples of Monetary Settlement Amount in a sentence
Any Fee and Expense Award shall be paid solely out of the Monetary Settlement Amount.
In the event that the amount of any Fee and Expense Award is increased as a result of further judicial review or appeal of the Fee and Expense Award and the Monetary Settlement Amount has already been paid, Boeing shall remit to Co-Lead Counsel the amount of such increase no later than twenty (20) Business Days of the date that the order increasing the amount of any Fee and Expense Award becomes final and no longer subject to further appeal or review.
Defendants shall file any brief opposing the Fee and Expense Application not later than twenty (20) calendar days prior to the Settlement Hearing, but have agreed that they will not object to or otherwise take any position on the Fee and Expense Application, so long as the Fee and Expense Application seeks an award no greater than 12.5% of the Monetary Settlement Amount (i.e., $29,687,500).
Co-Lead Plaintiffs intend to petition the Court for an award of attorneys’ fees and expenses, on behalf of themselves and Plaintiffs’ Counsel as full and final compensation for any of the benefits provided to Boeing and Boeing’s stockholders from the Settlement, which petition shall be for an amount no greater than 12.5% of the Monetary Settlement Amount ( i.e., $29,687,500) (“Fee and Expense Application”).
In the event that the amount of any Fee and Expense Award is reduced as a result of further judicial review or appeal and the Monetary Settlement Amount has already been paid, Co-Lead Counsel shall remit to Boeing the amount of such reduction no later than twenty (20) Business Days following the date that the order reducing the amount of the Fee and Expense Award becomes final and no longer subject to further appeal or review.
Defendants and Boeing agree that they will not object to or otherwise take any position on the Fee and Expense Application so long as the Fee and Expense Application seeks an award no greater than 12.5% of the Monetary Settlement Amount (i.e., $29,687,500).
Award Plaintiffs’ Counsel such attorneys’ fees and expenses as the Court deems fair and reasonable, with any such fees and expenses to be paid solely out of the Monetary Settlement Amount.
No later than twenty (20) Business Days after the Effective Date, the Monetary Settlement Amount of $237.5 million, less any Fee and Expense Award, shall be paid by the Insurers on behalf of Defendants to Boeing.
Neither Named Defendants, Boeing, nor any Person other than the Insurers shall have any obligation to pay the Monetary Settlement Amount, in whole or in part.
Plaintiff’s Counsel may request that the amount of the Proposed Fee Award be moved into an interest-bearing escrow account if more than ninety (90) days pass after payment of the Stipulating Defendants Monetary Settlement Amount into the SLC’s Counsel’s IOLTA account without the Court entering an order on the Fee Application.