Notice and Administration Fund definition

Notice and Administration Fund means the fund consisting of two hundred fifty thousand dollars ($250,000) advanced by Doral to Lead Plaintiff to be used by Lead Counsel to pay the costs of notifying the Class, soliciting the filing of Proofs of Claim by Class Members, assisting Class Members in making their Proofs of Claim, and otherwise administering the Settlement on behalf of the Class. The $250,000 in the Notice and Administration Fund is part of, and not in addition to, the Settlement Amounts to be paid by the Settling Defendants. (gg) “Parties” means the Plaintiffs and the Settling Defendants; “Party” means any one of the Parties.

Notice and Administration Fund means the fund consisting of $1.75 million advanced by McKesson to Lead Plaintiff to be used by Lead Counsel to pay the costs of notifying Settlement Class Members, soliciting the filing of claims by Settlement Class Members, assisting them in making their claims, and otherwise administering, on behalf of the Settlement Class Members, the Settlement. The monies in this Fund are part of, and not in addition to, the Settlement Amount to be paid by McKesson.

Notice and Administration Fund means the interest-bearing account to be established and maintained by Plaintiffs’ Set- tlement Counsel. The Notice and Administration Fund may be drawn upon by Plaintiffs’ Settlement Counsel for Notice and Ad- ministration Expenses.

Examples of Notice and Administration Fund in a sentence

• The Settlement Fund includes the Notice and Administration Fund and Fee and Expense Award(s).

• The Class Notice and Administration Fund may also be invested and earn interest as provided for in ¶2.2 of this Stipulation.

• Settling Defendants have agreed to transfer into the Escrow Account, within thirty calendar days of a preliminary approval order, the $100 million Notice and Administration Fund and an advance of$300 million of the remaining Settlement Amount.

• Defendants have no other reversionary interest in the Settlement Fund, and if after distributions to Authorized Claimants, the Fee and Expense Award, and any Court-awarded Service Awards, any money remains in the Settlement Fund (apart from any remainder of the $100 million Notice and Administration Fund), the Claims Administrator will, subject to Court approval, allocate the remaining Escrow Account balance to Settlement Class Members.

• Id. Settlement Class Counsel and Self-Funded Sub-Class Settlement Counsel may petition the Court for replenishment by Defendants of the Notice and Administration Fund upon a showing of a necessity for such replenishment.

More Definitions of Notice and Administration Fund

Notice and Administration Fund means the principal amount of $50,000.00 deposited by STI in a fund to be managed by the Claims Administrator to be used solely for costs and expenses reasonably and actually incurred in connection with providing notice to the Settlement Class, locating Settlement Class Members, soliciting Settlement Class claims, assisting with the filing of claims, administering and distributing the Settlement Fund to Members of the Settlement Class, processing Proofs of Claim and Releases, and paying escrow fees and costs, if any.

Notice and Administration Fund means the fund to be used by C lass Counsel to pay the costs of notifying members of the Telxon Class, soliciting the filing of claims by Telxon Class members, assisting them in making their claims, and otherwise administering, on behalf of the Telxon Class, the settlement embodied in t his Stipulation.

Notice and Administration Fund means the fund consisting of $1,000,000 advanced

Notice and Administration Fund means the fund consisting of up to $500,000 advanced by EA from the Settlement Amount to the Notice and Claims

Notice and Administration Fund means the fund to be used by Lead Counsel to pay the costs of notifying the Class, soliciting the filing of claims by Participating Class Members, assisting them in making their claims, and otherwise administering, on behalf of Participating Class Members, the Settlement embodied in this Stipulation.

Notice and Administration Fund means the fund established and controlled by Lead Counsel subject to Court oversight which is to be funded out of the Settlement Amount to pay for Notice Costs and Administration Costs, which shall be initially funded with $150,000.

Notice and Administration Fund means the fund to be used by